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Help for People Impacted by Corona Virus

We want to help you get through the financial storm that the Pandemic is sure to create. Your bills won't stop just because your income drops. 

Here are the steps you can take to inform and protect you and your family 

Humphreys Wallace Humphreys has gathered information from various sources for the response you can expect from the big national banks as well as many of the largest banks doing business in Oklahoma. We are also sharing our ideas on what you need to do to secure needed help and to be sure your bank or creditor lives up to their word. 

Step 1: Be Aware

You need to be aware of exactly what is being offered and what that means. There are huge differences in assistance offers. A payment deferral is not a payment forgiveness. You must make up and pay back any deferred payment. The question is:  when is the payment deferral due? If you are given a three month deferral, does that mean you must pay back the entire amount being deferred at the end of the deferral, i.e., in 90 days from now? Are there fees or charges, such as late fees, being assessed? If so, how much and when are they due? Is the deferral going to damage your payment history or credit score?

Step 2: Check Out What Your Bank Can Provide

Click here for information we gathered from the largest national and local banks doing business in Oklahoma. This list and the offers for assistance that are described may or may not be the most current offer available. Be sure to check with the bank or credit union listed to be sure you have the most up to date information.

Step 2: Confirm Your Agreement

Contact your bank and tell them what you need. Be clear and direct. As always, confirm the specific details of the assistance you need. Get the name and email address of the representative you speak with and send an email confirming the agreement. If they won't give you an email address, at least get the employee's full name or employee ID. Be sure to make and keep good notes on what agreement was made. Document in your notes if you were refused an email address to confirm the specifics of your agreement. Consider sending a fax to the general fax number and be sure to include your name, the date and your account number on everything. 

Step 3: Call Us for Free Help if You Hit a Roadblock

Due to the public health crisis, we are offering no-charge consultations to answer your specific questions about your financial obligations to your creditors in Oklahoma and New Mexico, credit reporting and your credit score.

If you run into a roadblock or have questions about your rights or what to do, please contact us contact us for a free consultation.

Be safe and stay at home if you are able! 

Why You Should Inspect the Title BEFORE You Buy a Used Vehicle in Oklahoma

Posted by David Humphreys | May 21, 2020 | 0 Comments

When you buy a used vehicle, you should insist on seeing the actual certificate of title for that vehicle before you agree to sign anything. We explain why you should ask to see the title, what you should look at when you inspect the title. We also explain the differences and meaning of a green, orange, red, yellow. blue and purple title. You will also learn when and how you can rely on a Car Fax or Auto Check Report and why it is not a substitute for the actual certified title history of a used vehicle.

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Buyer Beware! Has This Vehicle Been Wrecked?

Posted by Luke Wallace | Feb 07, 2020 | 0 Comments

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Posted by David Humphreys | Jan 08, 2020 | 0 Comments

After you buy a new or used vehicle from a dealership or a private seller, sometimes the thrill of a new car or truck wears off too quickly. You may just be feeling a little “buyer's remorse,” or it might be something much worse. It could be a nagging sense that you've been had.  Some of the red ...

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Posted by David Humphreys | Dec 30, 2019 | 0 Comments

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Has my car (or truck) been wrecked?

Posted by David Humphreys | Jun 19, 2018 | 0 Comments

Most people know about Carfax and use it or AutoCheck before they buy a vehicle. Neither report is any guarantee that your vehicle has not been in a serious wreck. Did you know that neither AutoCheck nor Carfax does anything to actually investigate the collision history of your vehicle? They simp...

What is a Corporate Advance?

Posted by David Humphreys | Mar 06, 2018 | 4 Comments

You should have a healthy dose of skepticism and concern if your monthly mortgage statement includes a line item charge for a “Corporate Advance.” While the phrase sounds innocent enough, it is not.  What you do not realize is that this phrase “Corporate Advances” may cost you your home. What ...

CFPB Future in Jeopardy

Posted by David Humphreys | Jan 29, 2018 | 0 Comments

CFPB opponents trying to use the spending bill to put the agency's budget under congressional appropriations must be stopped. https://www.americanbanker.com/opinion/congress-should-not-hold-cfpb-hostage-in-budget-talks

Mortgage Servicing Errors Impact Families

Posted by David Humphreys | Oct 02, 2017 | 0 Comments

It can feel like you have nowhere to turn when a bank threatens to foreclose on your home. Often, your lender has a vested interest in seeing you fail, but despite their worst intentions, you can take action to stop predatory mortgage loan servicers from stealing your home. But when you are unabl...

Equifax Credit Reporting Agency Wrongfully Mixes Oklahoma Consumer’s File and is Ordered by Federal Court to Stand Trial October 10, 2017

Posted by David Humphreys | Aug 07, 2017 | 0 Comments

Congratulations!  You passed all of the TSA testing and we are conditionally offering you a job with the TSA with all of its benefits. The final step is a review of your credit history.  This was great news because it offered a much-needed job during a tough financial stretch in Oklahoma.  The ex...

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