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Quest re: mortgage payment...

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LIPrincess
Foxy Lady

Member since 6/05

1610 total posts

Name:
Jaimie

Quest re: mortgage payment...

Right now my dh and I pay 1/2 a mtge payment every two weeks thru what my bank calls an accelerator program.

I just got a notice that they are going to start charging me every time they make the xfer. Now, here is my question, what if I send it to them 1/2 every time we get paid, do you think they will do that?

Anyone here do that?

Posted 2/1/07 10:42 AM
 
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kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: Quest re: mortgage payment...

there was a couple of posts about this yesterday. I had questions and Betsy, Meg and Beth answered me to the fulliest.

Posted 2/1/07 10:45 AM
 

MSeid
LIF Adolescent

Member since 11/05

805 total posts

Name:

Re: Quest re: mortgage payment...

Posted by LIPrincess

Right now my dh and I pay 1/2 a mtge payment every two weeks thru what my bank calls an accelerator program.

I just got a notice that they are going to start charging me every time they make the xfer. Now, here is my question, what if I send it to them 1/2 every time we get paid, do you think they will do that?

Anyone here do that?




Is the accelerator program what they call paying "bi-weekly"? Are they charging you for automatic debit of the payment? I don't understand why they would charge you?

I'm interested to know what this is about also

Posted 2/1/07 10:59 AM
 
 

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