Information for WVHDF
customers click here

If you find yourself having financial difficulty, here are some links and
information you may find beneficial:

• Call your creditors - they may be able to help you
• Consumer Credit Counseling Service (CCCS)
  • CCCS Brochure
  • CCCS Web Site
• Helpful Info For WVHDF Customers
• Neighborworks - http://www.foreclosurehelpandhope.org
• PowerPay.org
• 1-888-995-HOPE
• In West Virginia call 211 for information by County to help with other financial needs.

Suggestions for Every Homeowner

• Increase Savings - A family should have savings equal to 2 or 3 months of mortgage payments to protect their ability to work through a short term financial crisis.
• Track Monthly Expenses - A family should closely monitor monthly expenditures. Many families have no idea how much money they spend each month. Click here to see an example of a monthly spending plan.
• Reduce Credit Card/Consumer Debt - Do not use credit cards for monthly expenses and stop the use of consumer credit for any purchases. Outstanding balances for consumer credit should not exceed your ability to payoff the total debt in 6 months. (Savings and Income). Families should save money to pay for purchases.
• Understand Home Maintenance - No home is free of repairs. Monthly action must be taken to prevent small problems (water drip under a sink) from becoming a large expense (flooring and a new cabinet). Extra care to the exterior of your home will help maintain the value of your home.
• Be Proactive - Call your creditors - Understand the terms of all your credit obligations, how to reduce fees and who to call if you are unable to make a scheduled payment. You have the power to stop collection calls - make the first call at your convenience. Open your mail, read and ask questions if you do not understand information or notifications regarding your credit accounts.
• Find Supplemental Income - There are only 2 ways to improve your financial condition: Spend Less or Increase Income. If you already work 2 jobs then cutting expenses may be your solution. If not, a second job, if only for a year, could improve your financial condition. This solution ONLY works if expenses are held to prior monthly levels.