So you think you helped your homeowner out by doing a modification??? THINK AGAIN!!!!! More than 1/2 of borrowers that received help have fallen behind once again. These homeowners have missed at least 2 months of future payments. Lenders have tried to offer payment plans to borrowers to catch up on missed payments but that still isnt working. This is now setting up the borrower for complete failure. We have noticed that a borrower with credit card debt is more likely to get a better loan modification based on the previously incurred credit card debt once the debt is settled. Settle Your Debt before you mod your loan