To facilitate the tracking of our payments, we need monthly statements providing us the breakdown of exactly how every payment is applied. Here's why...

Over the years I've received countless letters from distressed and desperate consumers seeking much needed guidance to find the proper enforcement agency or experienced attorney that can help them with whatever consumer nightmare they've found themselves caught up in. The complaints and often heart-wrenching stories relate to various consumer issues such as identity theft, abusive debt collectors, mortgage fraud and inaccurate credit reporting. In early September, I received one of these typical requests for guidance from a distraught woman named Helen.

Helen did nothing wrong -yet like many others, she found herself embrolied in her own nightmare that appears to be an exhaustive mortgage servicing mess! She learned the hard way, like many of us do, that her additional principal payments have been unaccounted for...to the tune of nearly $6,000.00 to date -and growing.

Do you have additional principal payments deducted out of your account on a monthly basis? See what's happening to Helen. Entire article -click here.

To understand the depth of the problem that occurs when consumers are unaware of how their payments are applied see You May Be Facing Foreclosure -and Not Even Know About it!