March 28, 2007

World Savings Secret – Shhhhh!

Filed under: Mortgage

Do you have a mortgage serviced by World Savings?  If so, then rumor has it that you can call World customer service and pay a measly $250 fee to have your margin reduced to 2.9%.  Would you like a 2.1% margin instead?  Then have a mortgage broker run your credit report.  It triggers an alarm at World and they will reduce your margin down to 2.1% for the same $250 fee.

Of course, all of this is pure conjecture on the part of the Broken Credit Blog and so if happenstance should find you with a World Savings loan then I say follow the steps above and see if you can save several thousands of $$$$$$$$$$.  Power to the Consumer!  Stick it to the Man!!!

Oh, and report back to tell us if this be true or false.

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