Line Of Credit
J.D. Power ranks Wachovia highest in home-equity line satisfaction.(Briefing Book): An article from: Mortgage Banking [H] [T] [M]
Gale Reference Team (Digital) Thomson Gale 2007-09-01
Release date: 2007-09-28
Price:
$9.95
$9.95
Answers
I have an excellent credit rating and my property is worth more than I need, but I've been turned down twice for things that are beyond my control. Wachovia didn't like that I live on a 30 acre farm, and Citibank didn't like that my home is not stick built. Any suggestions on where else to try?
Thanks for the suggestion, but that won't help me.
Try these links for Farmers banks
http://www.google.com/search?hl=en&q =farmers+bank&btnG=Google+Search
of us for far too long & they must be stopped. Everyone qualifies bad credit, no job, no equity, equity in your property, etc. Only way you ...
Helpful Service from Wachovia via Twitter - The Consumerist
Reader Mike wrote to us about a problem he was experiencing with Wachovia (now part of Wells Fargo, but apparently keeping its own identity.) A day later, he he wrote back, informing us that the problem had resolved itself via Wachovia's Twitter account. (Customers, take note: that's http://twitter.com/Wachovia .)
In the follow-up e-mail, he wrote:
I wrote yesterday... Please don't publish, as Wachovia handled it with grace once I got to higher power. Tweeted Wachovia's Twitter account and within five or six hours someone from president's office contacted me and refunded the [NSF] fees.
I'd be happy if you'd publish an item noting how responsive they were. While it would be nice if I hadn't had to go to the trouble, the bank does deserve kudos for listening to and responding to the story.
...News
Government Mortgage Refinance Plan – Wachovia Mortgage Rates at 5%Subprime Blogger (blog) - Dec 28, 2009
If you have little equity in your home and a bad credit score then you will not qualify for an interest rate this low. Only the best borrowers out there are and more »Wall Street Journal - Dec 13, 2009
In Risky Year, Buffett Looked 'Into the Abyss'19, Morgan Stanley Chief Executive John Mack phoned Mr. Buffett in hopes of arranging a deal, possibly a large credit line Morgan could tap. and more »BusinessWeek - Dec 04, 2009
Consider home-equity lines of credit. During the real estate boom, many homeowners borrowed against the value of their dwellings to pay down credit-card and more »Wall Street Journal - Dec 24, 2009
It has been vulnerable to the financial crisis because of its large portfolio of adjustable-rate mortgages that came with its acquisition of Wachovia Corp. and more »Bloomberg - Dec 05, 2009
Wells Fargo is focusing on delinquent borrowers in Florida and California homeowners with “Pick-a-Pay” loans originated by Wachovia Corp., Blume said. and more »Online Athens - Dec 20, 2009
Gilmore had been banking with Wachovia and had built up good credit, he said. Business had been good in 2007 and was going well in 2008 until that OctoberHuffington Post (blog) - Dec 23, 2009
One report titled "Sour Grapes" by Wachovia Capitol Markets, LLC concluded that the "2006 vintage" was turning out to be one of the riskiest ever produced.