What People are Saying about CASA

I was leery of trying this service because I have read some reviews on them that weren’t so great… BUT Let me tell you that I have been more than satisfied with their SERVICES. First and foremost, I used the Debt Arbitration and they fixed my credit, had nearly ALL the negative items REMOVED completely from my credit report. THEN, I used them to stop foreclosure on my home, went through modification twice on my own and couldn’t get a mod for ANYTHING, they fixed my credit, saved me THOUSANDS of dollars then SAVED MY HOME!!! It did cost me money but nothing like the cost of losing my home I have had for over 15 years. THANK YOU CASA!!!!!!  -Parker R.

After my husband got laid off unexpectedly, we ended up behind on our mortgage and came very close to losing our “forever home”. We were on the verge of giving up. Thankfully, we found CASA. They worked with us on the financial aspect and followed through to exceed our expectations. I wish I could give them more than 5 stars!!!!!    -Carli M.

CASA is awesome! I’ve been in foreclosure for 2 years and hired three law firms to help me. None did. I ended up with a sale date and CASA sued the bank and won. The award? My house! You guys rock!   – Marshall W.

CASA helped me and my mom get our loan back on track and avoid foreclosure. They were very helpful and got the bank to help us. Thanks CASA  – Josh C.

I paid another law firm to help me and they just took my money and did for me nothing. Casa help me to get rid of all credit cards without a bankrupting. Nice pepole and fast to do my case. I am now not having these problems I did.

-Bernice W.

Great company! I had $5600 in credit card debt that was ruining my credit. They eliminated the debt completely and my credit score went up 100 points! -Elvin M.

Great company and really great people.  – Christie M.

THE BEST!!!!!!! CASA stopped the bank from taking my home, put me into a new payment I can afford and saved me $30,000 the bank was overcharging me. Words cannot express, I will tell anyone I know in mortgage or debt trouble to call you guys. Be ready for a lot of referrals!   Lt. William S.

I had a wage garnishment from a Capital One credit card. They got a judgment against me without serving me with any court paperwork or anything. I was convinced that the system was rigged against ordinary people. Then I found CASA and they were able to get Capital One to drop the whole thing. I have no idea how they did it but thank God they did.   Harbilary B.

I was facing foreclosure against Wells Fargo. I had applied for loan modification 5 times in 3 years and Wells Fargo kept telling me that I had too much income. Well it sure didn’t feel like it. I tried multiple lawyers but then I tried CASA. They figured out that Wells Fargo was miscalculating my wife’s social security. They said that because my wife don’t pay taxes on her social security that they had to put it down as a higher number when they figured in my income. CASA called them out on it and the modification went through smooth -David T.

I had student loan debt that no one could help me with. CASA figured out that Navient violated Regulation V by failing to provide me with default notice disclosures. Navient also acted in bade faith when they convinced me to enter into a forbearance program rather than a graduated repayment schedule that would have allowed me to pay as my income increased. CASA threatened them with arbitration and I was able to get the modification I should have gotten. -Dell R.

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Americans owe more than ever before, with household debt hitting a record of nearly $13 trillion. And auto loans, home loans and credit card debt are all still on the rise, according to the Federal Reserve Bank of New York.

That has some economists saying the lessons of the bubble of borrowing in the run-up to the Great Recession have already been forgotten.

The last time borrowing hit a record, the country was in the throes of the financial crisis. That might sound ominous. But the economy is in much better shape now. Home loans — by far the biggest debt category — are made to people who can actually afford them. And much of the borrowing is arguably responsible.

Sasha Gallagher, who lives outside Richmond, Va., says she and her husband have had several major changes in their lives in the past year. They had a baby in February and recently bought a house. They’d spent their savings on a down payment. So they used a zero percent credit card offer to buy things they wanted for their new home: a washing machine, refrigerator and a riding lawn mower.

“We’re at roughly $6,000 and it will probably grow because at this point we’ve got appliances on there but we really haven’t furnished the home yet,” Gallagher says.

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Watchdog: Consumers ‘More Responsible’ With Credit Card Debt

That might sound like quite the credit card buying spree. But, Gallagher says, “we’re still driving both of our old beat-up cars basically into the ground, because a house in a good school district is more important than a new car,” she says.

More importantly, Gallagher just finished pharmacy school and got a good job. She’s gone from being a starving student to being the bigger breadwinner for the family. That means they’ll be able to pay off that credit card pretty quickly, she says.

Likewise, millions of Americans have found work in recent years. And spending money keeps the U.S. economy chugging along. So from that perspective, maybe all this debt isn’t so bad.

On the other hand, some economists don’t like this record borrowing. “The new level of debt is cause for alarm,” says Lucia Dunn, an economist at Ohio State University who has been studying consumer debt for more than 20 years. Her research shows that only about half of credit card debt gets paid off each month. And so she says rising credit card debt suggests more Americans are getting stuck paying high interest rates.

“Being in debt is a very stressful way to live,” Dunn says. “There’s a lot of people who are just in a hole and so stressed out over it. We believe that group is growing.”

Sung Won Sohn, an economist at Cal State, also has watched Americans’ relationship with debt for many decades. He says all this borrowing has him worried.

“We are beginning to forget the lessons learned from the painful recession in 2007 to 2009,” Sohn says. Consumer spending is the largest portion of the economy “and when the time comes for an economic recession, this is going to make the situation worse,” he says.

Americans carry about $784 billion in credit card debt and they owe $1.34 trillion on student loans. Gallagher, who just bought the new house, says pharmacy school was not cheap. In fact, she says it’s like having a second mortgage, though she doesn’t want to say exactly how much she owes.

Still, Gallagher says her degree got her that new job at a pharmaceutical company with a nice paycheck.

Research shows that if you have a college or advanced degree you’re much more likely to own a house and earn a higher salary. But another report by the New York Fed shows that rising student debt is becoming a bigger drag on many Americans’ finances.

But while household debt overall is at a record high, Sohn says it needs to be kept in perspective. “I don’t think this is anything like what we faced in 2007,” he says. For one, the systemic risk of financial collapse — which arose when banks were making huge bets on bad mortgages — has faded.

Also, incomes have been slowly rising. So while overall debt is at a new high, it’s still a lower percentage of people’s incomes than it was when the financial crisis hit.

Consumer Arbitration Services Of America

The U.S. is a massive debt-based economy, with the national debt towering at over $20 trillion (105% of GDP), and a federal budget deficit of nearly $700 billion. However, it’s not only the national debt that has America swamped these days, the U.S. has an increasingly pressing personal debt issue as well. The combined indebtedness of the nation and its citizens appears to have reached epic proportions, and threatens to trigger a major financial crisis the likes of which have never been seen before.

Source: steemit.com

Here are some economic debt figures that may help put the overall debt picture in perspective.

U.S. National Debt: $20.37 trillion

U.S. GDP: $19.35 trillion

U.S. Federal Spending: $4 trillion

U.S. Federal Revenue: $3.32 trillion

U.S. Federal Budget Deficit: $690 billion

Private Credit Card Debt: $1.021 trillion

Private Student Loan Debt: $1.47 trillion

Private Mortgage Debt: $14.755 trillion

Total Private Personal Debt: $18.54 trillion

U.S. Total Debt: $67.92 trillion

U.S. Unfunded Liabilities: $107.78 trillion

Liabilities Per Taxpayer: $893,304

Savings per Family: $6,060

Personal Debt per Citizen: $56,867

The underlying figures show that the U.S. and Americans are more indebted now than they have ever been in history. Moreover, the Trump administration is about to introduce yet more debt through tax cuts and increased deficits; therefore, it appears that the national debt may exceed $25 trillion by 2022-2023.

The problem is that the higher the national debt the more expensive it becomes to service. The U.S. has spent a mind-bending $458.5 billion just to service its enormous national debt over the past 12 months. Not surprisingly, interest payments are one of the U.S budget’s largest expenses and will inevitably balloon further going forward.

Government spending is out of control, deficits are growing larger, tax cuts will drastically reduce government revenue, thus will add to deficits. Trillion-plus deficits in the near term will likely drive the national debt up to about $25 trillion by 2022-2023. Compounding the issue are rising interest rates – as the Fed increases rates, the U.S. will face higher interest payments.