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I was denied for a mortgage because my debt to income ratio is too high. I had 2 timeshares that were foreclosed in about 2 years ago and show to be in collections. I pulled my report and the amount for money that I owe has increased significantly every month for the past 2 years.
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What can I do to try and stop the amount of money that I owe from increasing and try to get this removed? I called the creditor and they said that everything is reporting correctly. I asked if I can try and settle it to get it off my report and they said no. How can I get this off if I canβt pay on it?
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- 4 years ago
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