Under Clinton, mortgage qualification rules were loosened to enable everyone, no matter how poorly qualified, to be able to get a mortgage. The democrats partnered with their major campaign donors in Fannie Mae and Freddie Mac (Major Obama connections in both of these) to loosen restrictions to get their democratic voters (typically poor people with bad credit) into houses.
Now the democrats are placing all of the blame on the republicans and deregulation. It was not deregulation, but regulation forcing the elimination of restrictions that caused this messWere democratic and liberal policies to blame for economic crisis?
Congress has the oversight not the president, and check out who runs it.
http://en.wikipedia.org/wiki/United_StatWere democratic and liberal policies to blame for economic crisis?
Pretty much. Too bad the liberal media still thinks it's Bush's fault.
No but ! Thank you for promoting Obama, come again.
Absolutely.
You're freakin kidding me. It's the republicans who got us into this mess, going all the way back to Ronald Reagan and his famous voodoo ';Reaganomics.'; Republicans have been slashing services in favor of their favorite lobbies for so long I can't remember anymore. In addition, they've been eroding our civil rights as well. The dems are not that much better, nowadays, either. They're two pigs in a poke, if you ask me. They're all bought and paid for by large corporations, and that's the problem.
Absolutely not. The blame goes to the economic policies of the Bush administration because it was a policy that virtually helped with the spread of dishonesty. Since Bush has been president, a lot of his closest contributors were eventually caught and arrested and put in jail or indicted for one crime or another because they were literally following their leader's example of greed and disregard for the rights of the people of the United States of America...
The Republicans have been in power for almost 8 years. We used to have
a surplus. We now have an astronomical deficit. We owe the whole world vast amounts of money. The Democrats have ';controlled'; the Congress for almost 2 years with a MAJORITY of ONE vote. And then, of course, there's Libermann.
The so called housing boom began in 2003, the price escalations began and soared for the next 2 and a half years. Who was in charge of the Treasury, the Congress, the Fed during those years?
Republicans. Fact. The real down turn began around August 2005 before the Democrats won the mid term elections.
So, if the President of the US and the Republican majority for 6 years
are not responsible for the loss of thousands of jobs, the devaluation of
the so-called dollar, the fact that the average American is earning less now that 20 years ago in adjusted income, that it costs more to feed the children, that education has become too expensive for most middle class Americans, and the terrific lack of job creation, who is? The Democrats?
Where does such information come from? Read the paper.
Look it up.
The American public has been bamboozled and doesn't even know it.
Sunday, November 21, 2010
Had bad credit problems 4-5 yrs ago. How can I remortgage?
Due to suffering from depression, me and my husband ran up major debts of 拢30k+ 4-5 years ago. We have made a huge effort to get everything under control and have cleared all our personal debts apart from 拢5k (plus a 拢120k mortgage). We still have a bad credit rating and we remortgaged almost 4 years ago with a sub-prime lender. Due to increasing interest rates, we are now paying 9% APR with a mortgage payment of 拢935 per month on a 拢120k interest only mortgage. Although we both work full-time, we have 3 children and are finding it increasingly difficult to keep up the repayments. There is currently a redemption penalty of 拢7k which reduces to 拢1200 in July 07. Should we remortgage now and pay the 拢7k or wait till July but struggle till then to make the repayments? I am worried we will go crazy locked into these repayments and be off work with stress before then and be unable to make the mortgage payments and risk losing our house? Please help...!Had bad credit problems 4-5 yrs ago. How can I remortgage?
There you go : http://simple-credit-cards-and-loans.comHad bad credit problems 4-5 yrs ago. How can I remortgage?
if you have a job then you should be able to refinance your mortgage, every person has had things that reflect your credit report, sometimes it is better if just one of you use your credit due to medical bills our credit had a few blemishes and we found that our credit together was lower then my husbands alone. don't worry you will still have your name on the mortgage and the house.
Send me an e-mail hilton.ms2000@talk21.com with your contact details I run a financial services business, and I can pass you to a local independant mortgage broker who should be able to help you.
Try www.surefirefinance.co.uk they may be able to help.
check with big house morgage in knoxville tennessee on chapman highway. Reputable and nice.
Helped me buy a house
I've come accross this website and they helped me. They are loan experts and mortgage specialists. The ydeal a lot with bad credit cases. Not only they provide valuable advice, but they also shop around on your behalf and come up with 10 offers to chose from in your area. Go to http://mortgage.yeyeyup.com/form.html
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons
if it helps kindly remember me in your voting!.. cheers!connect computers through cable hair cutting
There you go : http://simple-credit-cards-and-loans.comHad bad credit problems 4-5 yrs ago. How can I remortgage?
if you have a job then you should be able to refinance your mortgage, every person has had things that reflect your credit report, sometimes it is better if just one of you use your credit due to medical bills our credit had a few blemishes and we found that our credit together was lower then my husbands alone. don't worry you will still have your name on the mortgage and the house.
Send me an e-mail hilton.ms2000@talk21.com with your contact details I run a financial services business, and I can pass you to a local independant mortgage broker who should be able to help you.
Try www.surefirefinance.co.uk they may be able to help.
check with big house morgage in knoxville tennessee on chapman highway. Reputable and nice.
Helped me buy a house
I've come accross this website and they helped me. They are loan experts and mortgage specialists. The ydeal a lot with bad credit cases. Not only they provide valuable advice, but they also shop around on your behalf and come up with 10 offers to chose from in your area. Go to http://mortgage.yeyeyup.com/form.html
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons
if it helps kindly remember me in your voting!.. cheers!
ARE THEIR PLACES THAT GIVE PEOPLE LOANS TO FIX THEIR BAD CREDIT?I need help with my bad credit where doistart?
I AM 23 AND I HAVE HOrriBBLE CREDIT BUT THE CHANRGES EQUAL LESS THEN 5000 ALL TOGETHER-ITS STOPPED ME FROM REDNTING NICER HOUSES/BUYING A HOME I DONT HAVE ONE CREDIT CARD OR BANk ACCOUNT AND ITS STARTING TO AFFECT EVERYTHING I LIVE IN CALIFORNIA DOES ANYONE KNOW IF THEIR IS SOMEWHERE I CAN GO TO HELP ME ORGANIZE MY BILLS AND PAY THEM?HOW ARE PEOPLE DOING THIS I WANT TO GET MY CREDIT BACK IN CONTROL!PLEASE HELP ME!!!ARE THEIR PLACES THAT GIVE PEOPLE LOANS TO FIX THEIR BAD CREDIT?I need help with my bad credit where doistart?
If you plan on paying back the five grand, best place to go is a non profit group called Consumer Credit Counseling or CCCS. They call each of the creditors and negotiate a smaller payoff than you currently owe. For the creditors, it's better than nothing. You will send CCCS a monthly check and they take care of paying each creditor until you pay it in full. During this time, you agree not to borrow any additional money until debts are paid.
Contrary to what most people say, you don't need to open up more debt in credit cards to establish credit. If you currently work, ask your employer if they belong to a credit union. These ';banks'; are generally easier to deal with than regular commercial banks and open a checking or savings account. Talk to one of the loan officers and tell them your current situation. Build a relationship with them for any future needs.
To offset the poor credit history, make sure you have at least one year of no late payments with your rent or mortgage and have the same job for at least one year.
Lastly, you really need to ask yourself how you got yourself into this situation and truly change your spending habits and please don't file bankruptcy on the five thousand. It's not worth it. Best of luck to you.ARE THEIR PLACES THAT GIVE PEOPLE LOANS TO FIX THEIR BAD CREDIT?I need help with my bad credit where doistart?
You need to contact a credit counselor. Taking out a loan to fix your credit (especially since they equal less than 5000$) would probably not be the best solution. Many times, your bills can be consolidated into one low payment to help you get back on your feet faster.
Try reading this...it will help you understand credit counseling and why going to it can be a big step on your way to financial stability!
http://www.ftc.gov/bcp/conline/pubs/cred
Good luck!
It really depends on your timetable and how much you are willing to pay. Check out the source website and their free evauation form. They offer credit repair programs from $20 to $2500. Good luck.
If you plan on paying back the five grand, best place to go is a non profit group called Consumer Credit Counseling or CCCS. They call each of the creditors and negotiate a smaller payoff than you currently owe. For the creditors, it's better than nothing. You will send CCCS a monthly check and they take care of paying each creditor until you pay it in full. During this time, you agree not to borrow any additional money until debts are paid.
Contrary to what most people say, you don't need to open up more debt in credit cards to establish credit. If you currently work, ask your employer if they belong to a credit union. These ';banks'; are generally easier to deal with than regular commercial banks and open a checking or savings account. Talk to one of the loan officers and tell them your current situation. Build a relationship with them for any future needs.
To offset the poor credit history, make sure you have at least one year of no late payments with your rent or mortgage and have the same job for at least one year.
Lastly, you really need to ask yourself how you got yourself into this situation and truly change your spending habits and please don't file bankruptcy on the five thousand. It's not worth it. Best of luck to you.ARE THEIR PLACES THAT GIVE PEOPLE LOANS TO FIX THEIR BAD CREDIT?I need help with my bad credit where doistart?
You need to contact a credit counselor. Taking out a loan to fix your credit (especially since they equal less than 5000$) would probably not be the best solution. Many times, your bills can be consolidated into one low payment to help you get back on your feet faster.
Try reading this...it will help you understand credit counseling and why going to it can be a big step on your way to financial stability!
http://www.ftc.gov/bcp/conline/pubs/cred
Good luck!
It really depends on your timetable and how much you are willing to pay. Check out the source website and their free evauation form. They offer credit repair programs from $20 to $2500. Good luck.
How bad is a house foreclosure?
my husband and i have had our home for 2 years now and in april our payment went up and we have had other bills pop up aswell we have never gone bad on our loan but we are afraid it might happen or just not be able to pay other bills we have no money left after paying everything and thats if everything got paid we have a plan to get out of our financial trouble by moving back in with my mother and sharing he bills together this helps not just us but m mother aswell saving everyone from financial hardship the problem is getting ride of our home without making are credit go bad is foreclosing that bad on your credit or does anyone knwo someone that wants a house ofr 173,000 right now? please help!!!!!!!!!!!!!How bad is a house foreclosure?
Creditors look at a foreclosure like a felony. It is a serious offense in the bank's eyes. It will show on your credit report for 10 years or more. Sell the house if you can, foreclosure is as bad as a bankruptcy on your credit report.How bad is a house foreclosure?
idk sorry i can't help u
Contact a realtor and get it on the market. A foreclosure on your record will haunt you for 7 to 10 years easily. Better to sell it than to have it on your credit report.
Best of luck.
It is very bad and will ruin your chances later on with trying to get another home. The least it will do is cause your new mortage co to make you pay pmi plus a hefty interest rate. Try selling it at what you owe and walk owing and gaining nothing. Also see if you can rent it for the time. Good luck
very very bad...you should list it for sale ASAP. Better for you to sell it than the bank out from under you..good luck.
no way, put the house up for sale, ask the bank to take a short pay if necessary, but foreclosure stays around along time. It effects your credit scoore huge. Try getting a pt job for the amount your payment went up, call the lender and see if they can lower your rate to compensate for the increase. Get on it, be proactive.
A foreclosure is not something to take lightly at all. In certain states you are required to pay the attorney fees and any monies that your lender lost between the loan balance and the amount that they received.
Find a great agent that knows about short sales potentially as well and find out how much your home is worth now. Get it on the market as soon as possible and try to avoid this catastrophic event.
Ensure that you have a sellers net proceeds to look at. Make sure that you either have enough with the projected sales price to break even or that you have enough money in the bank to bring some to the table with you.
Good luck!
Creditors look at a foreclosure like a felony. It is a serious offense in the bank's eyes. It will show on your credit report for 10 years or more. Sell the house if you can, foreclosure is as bad as a bankruptcy on your credit report.How bad is a house foreclosure?
idk sorry i can't help u
Contact a realtor and get it on the market. A foreclosure on your record will haunt you for 7 to 10 years easily. Better to sell it than to have it on your credit report.
Best of luck.
It is very bad and will ruin your chances later on with trying to get another home. The least it will do is cause your new mortage co to make you pay pmi plus a hefty interest rate. Try selling it at what you owe and walk owing and gaining nothing. Also see if you can rent it for the time. Good luck
very very bad...you should list it for sale ASAP. Better for you to sell it than the bank out from under you..good luck.
no way, put the house up for sale, ask the bank to take a short pay if necessary, but foreclosure stays around along time. It effects your credit scoore huge. Try getting a pt job for the amount your payment went up, call the lender and see if they can lower your rate to compensate for the increase. Get on it, be proactive.
A foreclosure is not something to take lightly at all. In certain states you are required to pay the attorney fees and any monies that your lender lost between the loan balance and the amount that they received.
Find a great agent that knows about short sales potentially as well and find out how much your home is worth now. Get it on the market as soon as possible and try to avoid this catastrophic event.
Ensure that you have a sellers net proceeds to look at. Make sure that you either have enough with the projected sales price to break even or that you have enough money in the bank to bring some to the table with you.
Good luck!
Help how to get name off the house?
A friend of mine separated from his wife. It has been 2 years now that he has not been with her. He has three kids by his wife and they live with the mom. She does not work and she lives in the house they lived in he makes payments on the house. He wants to divorce her and he wants his name off the house she cannot refinance the house because she has bad credit. He does not know how go about refinancing the house since she will not be approved because she does not have a job and she has bad credit. Is there anyway he could go about getting his name off the house?Help how to get name off the house?
I think that they will just have to sell it. He can give her the option of getting it refinanced, and putting it in her name, she needs to be approved for mortgage on her own then, or sell it.Help how to get name off the house?
That is a question to ask your divorce lawyer.
The house is considered marital property. If he wants the property issue dealt with, he can do it through a divorce action.
Really, he should be talking to a lawyer.
I think that they will just have to sell it. He can give her the option of getting it refinanced, and putting it in her name, she needs to be approved for mortgage on her own then, or sell it.Help how to get name off the house?
That is a question to ask your divorce lawyer.
The house is considered marital property. If he wants the property issue dealt with, he can do it through a divorce action.
Really, he should be talking to a lawyer.
How can my girlfriend evict her father?
MY girlfriends name is not on the deed but she is on the loan. Her mother is divorced from her father. Yet her mother feels inclined to keep him around and take care of him. Old traditions die hard. He was kicked out by police after threatening his children. Yet the mother brought him back home. The mother will not go along with my girlfriend to get rid of him and police say she has equal right to keep him there. House is going to be lost. Need to try and fix for best sell possible. Mother is out of country for time being. Father remains. Destructive with garbage, sanitation you name it. House impossible to fix up as long as he remains. WITH her mother out of touch to U.S. Could my girlfriend evict this man to try and possibly salvage the house in time to sell? If yes then please how? It pains me to see her go through all this just to help the one person who is now abandoning her with the house and bad credit that will soon follow. HER MOTHER!!! If it is relevant this man has no ties legally to the house. Has no documented medical reason for not working. Meaning no mental or physical disabilities. As well as not being a senior citizen. And the house is located in San jose CA.How can my girlfriend evict her father?
It AIN'T your girl friends house. It is her mothers. As such, only SHE has the right to ';evict'; him. BUT! there is a SMALL problem here. The laws concerning eviction are for people ';traveling'; (a legal term meaning the adoption of a particular or novel legal strategy) under the terms of a lease contract. Violation of the terms of the lease are certainly grounds to bring a dispossessory proceeding.
In this case, (legally divorced) he is essentially a squatter or an intruder. The latter being no better than a bum, your friends mother COULD have him dispatched straight away with a police action. But, as a squatter, the law would extend SOME legal rights to him if a dispossessory where filed against him.
Those ';rights would be the right of notice. In all states the law requires a property owner who wants a tenant/squatter out must give written notice to ';quit the tenancy'; (again, a legal term applying to the person occupying the property). This notice can (by state) be of any length of time but generally it is 60 days. Once the notice period has expired, and he has not left, a written demand for the property can THAN be given and a five day period to comply is tolled. Once this has past, she (the property owner) can than seek a disspossessory action.
The dispossessory is served on him either directly or by posting on the door of the house or by the mails. He than has 7 days to respond (answer) to it and a court date is set upon the court having received an answer or upon no answer being received, the dispossessory is considered awarded by default.
If a court date is set, all parties must appear and a hearing is given. The judge will issue a ruling that he is to be evicted (if your friends mother prevails) and an order is entered to that effect.
The order will not take effect for some 5-7 days to permit him to appeal the ruling (in most jurisdictions the party wanting to appeal must post a bond of three months rent otherwise the judge throws the gavel then and enters the order). Once that 5-7 day period has elapsed and no appeal is requested, the person seeking the dispossessory can than apply for a ';writ of premises'; from the court. She can than take this writ to the county sheriff and ask that he be evicted.
The sheriff will place her writ on his calendar (lots of foreclosures going on today) and give her a ';Round Toit';. And as soon as he gets around to it, he will show up at the premises and proceed to escort Mr. Squatter out to the curb along with all of his earthly belongings.
But your friend hasn't got a prayer of having legal standing to do this unless she has her mother declared an Incompetent, and she is awarded Legal Custodian with Power of Attorney to conduct her legal business. Without that, no argument of imminent disaster or loss of assets will persuade a court to let your friend conduct business on her mothers behalf.
Your friend would be well advised to ';back off'; and let the opera continue to play itself out. It don't end 'till the fat lady sings'. How can my girlfriend evict her father?
you can't
Call the Sheriffs department...They will be able to help..
If you make it unpleasurable for him he will probably leave: turn off; cable, phone, electricity. Don't keep food in the house. Make the house hot in the summer and cold in the winter. Take away all forms of comfort, remove couches and beds. He'll eventually get the hint.
If she signed the mortgage but her name does not appear on the deed, then her only tie to the house is the obligation to pay. She has no more interest in the house than a stranger. She cannot sell it, or give permission or deny permission for anyone to live there, any more than the fellow down the street could do those things. If the GF is a child, then there might be concerns about child neglect, but if she is an adult she should stop paying, let it be foreclosed, and move on with her adult life.
You need to contact either a real estate attorney or family law attorney. They know about evictions. I know lots of couples whose names don't show up on certain documents but do on other things related to the property. I believe if her name is on the house loan, she can evict him, but it might take 30 days or more.
If the house is in the mother's name, regardless of whose name is on the loan, the daughter cannot evict him. The mother has to. Sorry. But if you do not own the property, you cannot evict him. If the mother is concerned about the property, which it doesn't sound like she is, and her credit, she should step in. Meanwhile, keep this in mind, as a lesson for the future, DO NOT SIGN FOR A LOAN FOR PROPERTY THAT WILL NOT BE TITLED TO YOU! I know you didn't do it, but remember that. She may be able to get a good lawyer, and judge to order her name onto the deed, but with advertising and court delays, this may take a while. May I suggest though, that if the mother is not in the picture, and no one can reach her, that when the father does something that damages her interest in the property, she call the police and have him charged with vandalism?
Don't matter if the mom is in the country and at home, or if she's out of the country.. Its not up to the daughter to remove her father from the home.. fact her mom could turn and around take the father's side and press charges on the daughter. Its a tuff call.. But I'd say legally the daughter don't have a leg to stand on, its not up to her, its up to your mom..
i think she would have to give him a written 30 day notice to leave. If he doesn't she will have to evict him thru the courts. She has allowed him to live there so in a way he does have a legal right to live there.
It AIN'T your girl friends house. It is her mothers. As such, only SHE has the right to ';evict'; him. BUT! there is a SMALL problem here. The laws concerning eviction are for people ';traveling'; (a legal term meaning the adoption of a particular or novel legal strategy) under the terms of a lease contract. Violation of the terms of the lease are certainly grounds to bring a dispossessory proceeding.
In this case, (legally divorced) he is essentially a squatter or an intruder. The latter being no better than a bum, your friends mother COULD have him dispatched straight away with a police action. But, as a squatter, the law would extend SOME legal rights to him if a dispossessory where filed against him.
Those ';rights would be the right of notice. In all states the law requires a property owner who wants a tenant/squatter out must give written notice to ';quit the tenancy'; (again, a legal term applying to the person occupying the property). This notice can (by state) be of any length of time but generally it is 60 days. Once the notice period has expired, and he has not left, a written demand for the property can THAN be given and a five day period to comply is tolled. Once this has past, she (the property owner) can than seek a disspossessory action.
The dispossessory is served on him either directly or by posting on the door of the house or by the mails. He than has 7 days to respond (answer) to it and a court date is set upon the court having received an answer or upon no answer being received, the dispossessory is considered awarded by default.
If a court date is set, all parties must appear and a hearing is given. The judge will issue a ruling that he is to be evicted (if your friends mother prevails) and an order is entered to that effect.
The order will not take effect for some 5-7 days to permit him to appeal the ruling (in most jurisdictions the party wanting to appeal must post a bond of three months rent otherwise the judge throws the gavel then and enters the order). Once that 5-7 day period has elapsed and no appeal is requested, the person seeking the dispossessory can than apply for a ';writ of premises'; from the court. She can than take this writ to the county sheriff and ask that he be evicted.
The sheriff will place her writ on his calendar (lots of foreclosures going on today) and give her a ';Round Toit';. And as soon as he gets around to it, he will show up at the premises and proceed to escort Mr. Squatter out to the curb along with all of his earthly belongings.
But your friend hasn't got a prayer of having legal standing to do this unless she has her mother declared an Incompetent, and she is awarded Legal Custodian with Power of Attorney to conduct her legal business. Without that, no argument of imminent disaster or loss of assets will persuade a court to let your friend conduct business on her mothers behalf.
Your friend would be well advised to ';back off'; and let the opera continue to play itself out. It don't end 'till the fat lady sings'. How can my girlfriend evict her father?
you can't
Call the Sheriffs department...They will be able to help..
If you make it unpleasurable for him he will probably leave: turn off; cable, phone, electricity. Don't keep food in the house. Make the house hot in the summer and cold in the winter. Take away all forms of comfort, remove couches and beds. He'll eventually get the hint.
If she signed the mortgage but her name does not appear on the deed, then her only tie to the house is the obligation to pay. She has no more interest in the house than a stranger. She cannot sell it, or give permission or deny permission for anyone to live there, any more than the fellow down the street could do those things. If the GF is a child, then there might be concerns about child neglect, but if she is an adult she should stop paying, let it be foreclosed, and move on with her adult life.
You need to contact either a real estate attorney or family law attorney. They know about evictions. I know lots of couples whose names don't show up on certain documents but do on other things related to the property. I believe if her name is on the house loan, she can evict him, but it might take 30 days or more.
If the house is in the mother's name, regardless of whose name is on the loan, the daughter cannot evict him. The mother has to. Sorry. But if you do not own the property, you cannot evict him. If the mother is concerned about the property, which it doesn't sound like she is, and her credit, she should step in. Meanwhile, keep this in mind, as a lesson for the future, DO NOT SIGN FOR A LOAN FOR PROPERTY THAT WILL NOT BE TITLED TO YOU! I know you didn't do it, but remember that. She may be able to get a good lawyer, and judge to order her name onto the deed, but with advertising and court delays, this may take a while. May I suggest though, that if the mother is not in the picture, and no one can reach her, that when the father does something that damages her interest in the property, she call the police and have him charged with vandalism?
Don't matter if the mom is in the country and at home, or if she's out of the country.. Its not up to the daughter to remove her father from the home.. fact her mom could turn and around take the father's side and press charges on the daughter. Its a tuff call.. But I'd say legally the daughter don't have a leg to stand on, its not up to her, its up to your mom..
i think she would have to give him a written 30 day notice to leave. If he doesn't she will have to evict him thru the courts. She has allowed him to live there so in a way he does have a legal right to live there.
Rentals with bad credit in Beaverton, Or?
So, my husband and I have terrible credit. Yeah, I know, it's going to make finding an apartment/house hard, so there's no need to answer just to reiterate that.
What I want to know is is anyone has any ideas about how we can find a new place (ours is really overpriced) without paying an arm and leg to get into it.
We live in Beaverton, OR so if you have any area specific info that would be great. Thanks!Rentals with bad credit in Beaverton, Or?
小redit repair work械d fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - buildcredit.ifastnet.comPDA curly hair styles
What I want to know is is anyone has any ideas about how we can find a new place (ours is really overpriced) without paying an arm and leg to get into it.
We live in Beaverton, OR so if you have any area specific info that would be great. Thanks!Rentals with bad credit in Beaverton, Or?
小redit repair work械d fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - buildcredit.ifastnet.com
My son bought a house...?
My 21 yr. old son bought a house when he was 20. I told him at the time, he was too young for such a responsibility, but he did it anyway. He has an $800.00 house payment, and never has any money now. His bank account is always overdrawn, and I am constantly giving him money. I see him staying home, when he should be out having fun with his friends on the weekends. I am starting to go broke myself. How can I stop giving him the dough, without him losing the house, and getting bad credit?My son bought a house...?
sell house...My son bought a house...?
sell the house
Let him make his mistakes. He'll learn, he's young and his credit will come back.
choose one or bear
He bought the house, he made the decision, it is his responsibility. He needs the get another job, or some other form of income. If he cannot afford the house he needs to sell it.
If you stop giving him money he will be forced to sell the house to save his credit.
Have him sit down with a banker and find a solution. Maybe he should take on a boarder or roommate to help defer the cost, or maybe the only solution is to sell the house and try when he's more finacially ready. I have to wonder how he got the loan for a house at 20.
First of all, he's 21. You aren't obligated to pay for anything for him. I know that you want to, since he is your son and all, but if the fact of the matter is that you can't afford it...it's time to stop. You are his mother. Not his employer. If he's struggling, maybe he should think of getting another job to help him out. You did more than you should have. But if he ends up losing the house, you did what you could. Also, suggest to him that he sell the house and downsize to an apartment until he gets more financially stable.
put it up for sale, he can't afford it, and stop giving him money, if he is old enough to buy a house, he is old enough to pay for it
tough love....
Just stop it!! You told him not to get the house, and he felt that he was adult enough to do it. Let him deal with the consequences of his actions...his choice, his house, his credit, his problem!! He doesn't NEED to be out with his friends, he needs to be earning more money to pay his mortgage. You WANT him to be hanging out with his friend, but he chose this path. You can only offer advice, and stop bailing him out. Does he plan to pay you back?
ASk him to have roomer and that would give some money to him to pay the bank, that will also allow him to have sometime outside.
I agree tell him to sell the house .
roomies man, heck yeah, bring the friends to him!
Sit him down. Tell him that you are going broke from helping him out all the time. Tell him that the money tree has died and he needs to get another job or sell the house or just get bad credit. Stop hovering over him. He bought the house against your advice. You have helped him but there is only so much you can do. He is grown and wants to be a mature person so let him make his mistakes or hopefully find his own solution. good-luck.
Convince him to rent out the house for steady income, and find an affordable apartment. Teach him to stay with in a budget and begin to invest in the future. Selling is another option depending on the market in your area.
Help him explore all the options. He could sell the house, rent it out until he can save enough money to get back to it again, or he can just continue the road he is down but without any more help from you. He bought the house so it is his decision with avenue he takes. I know it might hurt you to see him fall, but he got himself into it and he can get himself out. I had the exact same predicament except I was 18 when I bought my house and my mortgage is only 555 a month. My mom helped me ALOT through it all and I was finally able to pull myself out of the whole. This was only after I rented the house to a friend for 6 months. It has been 5 months since I have been back into the house and things are going good.
well mom, he just may have to loose the house. You can't and aren't going to always be there to clean up his mess. He is going to have to go through this in order to reevaluate some things in his life.
sell the house and make him live in a appt.
you need to stop enabling him to continue is this manner. He needs to be working extra or something and you need to simply back off. right now he figures that you'll take care of it. You need to read a book called Boundaries.
if he doesn't change, then he may just lose the house. remember that if the bank forecloses, they are going to sell it for what they can get for it, then come after him for the rest. I would sell it now for whatever I could get for it.
sell house...My son bought a house...?
sell the house
Let him make his mistakes. He'll learn, he's young and his credit will come back.
choose one or bear
He bought the house, he made the decision, it is his responsibility. He needs the get another job, or some other form of income. If he cannot afford the house he needs to sell it.
If you stop giving him money he will be forced to sell the house to save his credit.
Have him sit down with a banker and find a solution. Maybe he should take on a boarder or roommate to help defer the cost, or maybe the only solution is to sell the house and try when he's more finacially ready. I have to wonder how he got the loan for a house at 20.
First of all, he's 21. You aren't obligated to pay for anything for him. I know that you want to, since he is your son and all, but if the fact of the matter is that you can't afford it...it's time to stop. You are his mother. Not his employer. If he's struggling, maybe he should think of getting another job to help him out. You did more than you should have. But if he ends up losing the house, you did what you could. Also, suggest to him that he sell the house and downsize to an apartment until he gets more financially stable.
put it up for sale, he can't afford it, and stop giving him money, if he is old enough to buy a house, he is old enough to pay for it
tough love....
Just stop it!! You told him not to get the house, and he felt that he was adult enough to do it. Let him deal with the consequences of his actions...his choice, his house, his credit, his problem!! He doesn't NEED to be out with his friends, he needs to be earning more money to pay his mortgage. You WANT him to be hanging out with his friend, but he chose this path. You can only offer advice, and stop bailing him out. Does he plan to pay you back?
ASk him to have roomer and that would give some money to him to pay the bank, that will also allow him to have sometime outside.
I agree tell him to sell the house .
roomies man, heck yeah, bring the friends to him!
Sit him down. Tell him that you are going broke from helping him out all the time. Tell him that the money tree has died and he needs to get another job or sell the house or just get bad credit. Stop hovering over him. He bought the house against your advice. You have helped him but there is only so much you can do. He is grown and wants to be a mature person so let him make his mistakes or hopefully find his own solution. good-luck.
Convince him to rent out the house for steady income, and find an affordable apartment. Teach him to stay with in a budget and begin to invest in the future. Selling is another option depending on the market in your area.
Help him explore all the options. He could sell the house, rent it out until he can save enough money to get back to it again, or he can just continue the road he is down but without any more help from you. He bought the house so it is his decision with avenue he takes. I know it might hurt you to see him fall, but he got himself into it and he can get himself out. I had the exact same predicament except I was 18 when I bought my house and my mortgage is only 555 a month. My mom helped me ALOT through it all and I was finally able to pull myself out of the whole. This was only after I rented the house to a friend for 6 months. It has been 5 months since I have been back into the house and things are going good.
well mom, he just may have to loose the house. You can't and aren't going to always be there to clean up his mess. He is going to have to go through this in order to reevaluate some things in his life.
sell the house and make him live in a appt.
you need to stop enabling him to continue is this manner. He needs to be working extra or something and you need to simply back off. right now he figures that you'll take care of it. You need to read a book called Boundaries.
if he doesn't change, then he may just lose the house. remember that if the bank forecloses, they are going to sell it for what they can get for it, then come after him for the rest. I would sell it now for whatever I could get for it.
Home loan with bad credit?
i live in house i want to buy i have 3000.00 down with 553 credit score house in small community house price is 36900. how do i get a loan with credit like this some neg on report help fastHome loan with bad credit?
That credit score may make it very hard to get a loan right now with anyone.Home loan with bad credit?
if first time buyer go to FMHA loan company and see if the can help they do for people with first time home owners and people with bad or no credit
My mortgage company helped me to write letters of explanation for some of the negative items on my report. They also assisted me in contacting the reporting parties for other items which had been resolved but not posted as such. Talk to a mortgage company about getting pre-approved,and they will give you the best advice.
I found The best info about your Question HERE:
(VERY good loans - c.cards - credit repair %26amp; score; info)
http://new-loans-center.blogspot.com
Good luck!
Although FHA does not have a min credit score requirement, it does require an established history of willingness and ability to repay a mortgage loan. Adverse credit within the last 12months may cause a negative impact. I am unaware of a loan available with bad credit, at least in todays ';credit crunch';. Sorry, I wish I could be more help.
Good Luck
need a home loan but having bad credit.don't worry its better for you to try for an online loan.lot of abnks in online lend home loans even you have a bad credit.i think that the below website will help you to find right solution.
Hi.
I am Clara and i saw your question about needing a loan,In the internet they are alot of scams out there.I decided to answer your question to prevent you being scammed. I got a loan of $150,000 from an agency online and i was lucky not be scammed. Contact them at email:globaly_aquinted_org@yahoo.com interest rate of 0.2% is simply great.they use a yahoo email account on our request because its makes contacting them easier
That credit score may make it very hard to get a loan right now with anyone.Home loan with bad credit?
if first time buyer go to FMHA loan company and see if the can help they do for people with first time home owners and people with bad or no credit
My mortgage company helped me to write letters of explanation for some of the negative items on my report. They also assisted me in contacting the reporting parties for other items which had been resolved but not posted as such. Talk to a mortgage company about getting pre-approved,and they will give you the best advice.
I found The best info about your Question HERE:
(VERY good loans - c.cards - credit repair %26amp; score; info)
http://new-loans-center.blogspot.com
Good luck!
Although FHA does not have a min credit score requirement, it does require an established history of willingness and ability to repay a mortgage loan. Adverse credit within the last 12months may cause a negative impact. I am unaware of a loan available with bad credit, at least in todays ';credit crunch';. Sorry, I wish I could be more help.
Good Luck
need a home loan but having bad credit.don't worry its better for you to try for an online loan.lot of abnks in online lend home loans even you have a bad credit.i think that the below website will help you to find right solution.
Hi.
I am Clara and i saw your question about needing a loan,In the internet they are alot of scams out there.I decided to answer your question to prevent you being scammed. I got a loan of $150,000 from an agency online and i was lucky not be scammed. Contact them at email:globaly_aquinted_org@yahoo.com interest rate of 0.2% is simply great.they use a yahoo email account on our request because its makes contacting them easier
How do i find some one who needs their morgage taken over?
i am in victorville, ca and i have heard that you can take over peoples mortgage's and it saves them and gets you a house even with bad credit, how do i find someone who needs to get rid of their house?How do i find some one who needs their morgage taken over?
Find a property you would like to buy that has an assumable mortgage. This will take lots of footwork. Generally, an owner or agent will advertise that a property has a loan that is assumable. The only types of mortgages that are assumable are adjustable-rate and FHA mortgages.
Here is the rest of the answer via this link:
http://www.ehow.com/how_7228_mortgage.ht
Good luck!How do i find some one who needs their morgage taken over?
To ';take over'; a mortgage it must be assumable. Those loans are far and few these days. Only thing I can say is search the internet for sellers with assumable loans. You still have to qualify with the homeower's current lender.
Jill
jt@firstmmc.com
If Victorville is in the USA, someone told you wrong. Mortgages are not assumable. If you just take over payments, they will find out rather quickly and call the entire note due. If you cannot refinance, you will lose it .
Some of that is true, there are mortgages that can be assumed but what they failed to tell you is that you have to fill out the paperwork and qualify to have the mortgage assumed. What you can do since you have bad credit would be to find someone who is offering a lease option home. Basically you would be renting the house and part of your rent would be saved and considered as part of your down payment. Once the lease option is up you are required to purchase the home with your own mortgage, hopefully by that time you could have improved your credit to obtain your own mortgage. Hope this helps!
Find a property you would like to buy that has an assumable mortgage. This will take lots of footwork. Generally, an owner or agent will advertise that a property has a loan that is assumable. The only types of mortgages that are assumable are adjustable-rate and FHA mortgages.
Here is the rest of the answer via this link:
http://www.ehow.com/how_7228_mortgage.ht
Good luck!How do i find some one who needs their morgage taken over?
To ';take over'; a mortgage it must be assumable. Those loans are far and few these days. Only thing I can say is search the internet for sellers with assumable loans. You still have to qualify with the homeower's current lender.
Jill
jt@firstmmc.com
If Victorville is in the USA, someone told you wrong. Mortgages are not assumable. If you just take over payments, they will find out rather quickly and call the entire note due. If you cannot refinance, you will lose it .
Some of that is true, there are mortgages that can be assumed but what they failed to tell you is that you have to fill out the paperwork and qualify to have the mortgage assumed. What you can do since you have bad credit would be to find someone who is offering a lease option home. Basically you would be renting the house and part of your rent would be saved and considered as part of your down payment. Once the lease option is up you are required to purchase the home with your own mortgage, hopefully by that time you could have improved your credit to obtain your own mortgage. Hope this helps!
How can I get a mortage in Canada?
Yes need to a get mortage to buy a house but have bad credit now I know you get a loan even with bad credit but where in Canada can you help a Lady outHow can I get a mortage in Canada?
I have great credit but I know my brother doesn't and he was able to get a mortgage through Royal Bank. Banks love giving you money as long as it is in your means. If your mortgage is worse than average you will probably not get as much money as someone else off the street. The CMHC does not allow you to mortgage more than 40% of your monthly income. For example, if you make $1000/month your mortgage payment cannot be more than $400/month. With a bad credit rating you may seem them lower that percentage so you may only be able to mortgage 30% of your monthly income. You should also look in the yellow pages under mortgage brokers, they will find you the best mortgage based on your current situation. Be careful though, a lot of mortgage brokers get perks from banks and based on the number of mortgages they sell the broker will get incentive rewards. Kind of like air miles for brokers. I would suggest getting at least 3 quotes from brokers or ask around, not sure what area you are in so I can't help you with good brokers. My broker is great, but i'm in Calgary and he's not going to do you any good if you are in Flin Flon or Cape Breton :)How can I get a mortage in Canada?
only thing i have for you is this canadian mortgage calculator...good luck
A good mortgage broker. www.gatorlaon.com is the guy I use.
You need to be at the same job for at least 6 months.
I have great credit but I know my brother doesn't and he was able to get a mortgage through Royal Bank. Banks love giving you money as long as it is in your means. If your mortgage is worse than average you will probably not get as much money as someone else off the street. The CMHC does not allow you to mortgage more than 40% of your monthly income. For example, if you make $1000/month your mortgage payment cannot be more than $400/month. With a bad credit rating you may seem them lower that percentage so you may only be able to mortgage 30% of your monthly income. You should also look in the yellow pages under mortgage brokers, they will find you the best mortgage based on your current situation. Be careful though, a lot of mortgage brokers get perks from banks and based on the number of mortgages they sell the broker will get incentive rewards. Kind of like air miles for brokers. I would suggest getting at least 3 quotes from brokers or ask around, not sure what area you are in so I can't help you with good brokers. My broker is great, but i'm in Calgary and he's not going to do you any good if you are in Flin Flon or Cape Breton :)How can I get a mortage in Canada?
only thing i have for you is this canadian mortgage calculator...good luck
A good mortgage broker. www.gatorlaon.com is the guy I use.
You need to be at the same job for at least 6 months.
How can i raise my credit score or get a loan with bad credit?
my husband is applying to buy a house but we cant because he has very little credit and mine is about 515 but we dont know how to fix it and raise his fast or who will let us borrow with poor credit plz help us out greatly appreciatedHow can i raise my credit score or get a loan with bad credit?
Credit is something you have to build over time. One think they are looking for is your proven ability to pay off debts over a long period of time. You can establish this by getting small loans of a grand or so for about a year or two. By making regular payments over time, your credit score will rise. If you cannot get a loan on your credit, you can either get a co-signer or go for a secure loan if you have savings. In a secure loan they will hold some of your savings a collateral for the loan but you will get it back when the loan is paid off. Another thing they are also looking for your ability to maintain a line of credit i.e. a credit card. I generally keep two credit cards. One I use for every day purchases and pay off at the end of every month. I do not use this one unless I have the money in my bank account. The other I use for large purchases such as furniture, appliances or electronics. This one you want to pay a set amount on (higher than the minimum payment other wise it will never be paid off) and pay it over the next 3-12 mos. depending on the size of the purchase. Also, if you have some extra credit cards that you do not use, close the accounts. When they look at your credit, even though they do not have a balance, they do represent the possibility of owing that much.
Most importantly you do not want to over extend your credit beyond what you can pay. Your credit is like your financial reputation. It takes a lifetime to build and a second to destroy.
I know it's probably not the answer you were looking for but I hope it helps.How can i raise my credit score or get a loan with bad credit?
The way to fix the credit is to stop doing whatever got you in this place. I don't know if you had a misfortune or you were spending more than you earned. For most people who have bad credit, the reason is that they spent more than they earned, and then they could not pay their loans.
You can start paying off your loan. Make sure you don't miss any bills. Get rid of any expensive item for which you are paying installments. For example if you own a luxury car, get rid of it and buy a cheap used car so that you don't have to pay monthly installments for the luxury car. If you and your husband don't work, start work. I know it is hard in this economy, but that is reality. Without work you can't get your credit up.
There are some companies which promise to repair credit. Be very careful in dealing with them. Some of them may be good, but there are some which show a shortcut. Remember, that shortcut is the longest way from point A to point B. If any company promises that you can get great credit fast without doing anything, rutn 180 degrees and run away from them. If a company lays out a plan that includes responsible spending, getting a job, paying out your loans, they might be credible. Of course, check about companies on BBB.cross lips places a teenage girl
Credit is something you have to build over time. One think they are looking for is your proven ability to pay off debts over a long period of time. You can establish this by getting small loans of a grand or so for about a year or two. By making regular payments over time, your credit score will rise. If you cannot get a loan on your credit, you can either get a co-signer or go for a secure loan if you have savings. In a secure loan they will hold some of your savings a collateral for the loan but you will get it back when the loan is paid off. Another thing they are also looking for your ability to maintain a line of credit i.e. a credit card. I generally keep two credit cards. One I use for every day purchases and pay off at the end of every month. I do not use this one unless I have the money in my bank account. The other I use for large purchases such as furniture, appliances or electronics. This one you want to pay a set amount on (higher than the minimum payment other wise it will never be paid off) and pay it over the next 3-12 mos. depending on the size of the purchase. Also, if you have some extra credit cards that you do not use, close the accounts. When they look at your credit, even though they do not have a balance, they do represent the possibility of owing that much.
Most importantly you do not want to over extend your credit beyond what you can pay. Your credit is like your financial reputation. It takes a lifetime to build and a second to destroy.
I know it's probably not the answer you were looking for but I hope it helps.How can i raise my credit score or get a loan with bad credit?
The way to fix the credit is to stop doing whatever got you in this place. I don't know if you had a misfortune or you were spending more than you earned. For most people who have bad credit, the reason is that they spent more than they earned, and then they could not pay their loans.
You can start paying off your loan. Make sure you don't miss any bills. Get rid of any expensive item for which you are paying installments. For example if you own a luxury car, get rid of it and buy a cheap used car so that you don't have to pay monthly installments for the luxury car. If you and your husband don't work, start work. I know it is hard in this economy, but that is reality. Without work you can't get your credit up.
There are some companies which promise to repair credit. Be very careful in dealing with them. Some of them may be good, but there are some which show a shortcut. Remember, that shortcut is the longest way from point A to point B. If any company promises that you can get great credit fast without doing anything, rutn 180 degrees and run away from them. If a company lays out a plan that includes responsible spending, getting a job, paying out your loans, they might be credible. Of course, check about companies on BBB.
How can I get a 16k home loan with no credit score?
I have little or no credit score since last year I paid off all my bad credit. I want to buy a house in another state but no one can give me a loan for that small of amount, any suggestions?How can I get a 16k home loan with no credit score?
credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.How can I get a 16k home loan with no credit score?
COOLER SOLOMON LOAN FIRM.
GRANT LOANS TO PEOPLE HERE WITH BAD CREDIT FOR JUST 5% INTEREST RATE.
WE TRANSFER YOUR LOAN FUND TO YOU WHEREVER YOU ARE.
OUR LOAN PROCESS IS VERY EASY AND COMFORTABLE.
WE ARE A REGISTER LEGITIMATE PRIVATE LOAN FIRM.
ALL KIND OF LOANS ARE AVALIABLE FROM AUTO LOANS TO PERSONAL,UNSECURED,EDUCATIONAL,
HOME LOANS,CREDIT LOANS,BUSINESS LOANS AND HEALTH LOANS.
YOU CAN MAKE YOUR LOAN REQUEST TO OUR PRIVATE EMAIL.coolersolomon@yahoo.com
Hello everyone,
My name is Mrs Rose Smith and i am talking as the happiest person in the whole wild world today and i told my self that any lender that rescue my family from our poor situation, i will tell the name to the whole wild world and i am so happy to say that my family is back for good because i was in need a loan of $58,000 USD to start my life all over as i am a single mum with 2 kids and the whole world seemed like it was hanging on me until i met the GOD sent loan lender that changed my life and that of my family, a GOD fearing lender, Mr Steve Davidson of Davidson loan Financial Incorporated, he was the Saviour GOD sent to rescue my family and at first i thought it was not going to be possible until i received my loan of $58,000 USD and i will advise any one who is in genuine need of a loan to contact Mr Steve Davidson via email stevedavidsonloan32@yahoo.com because he is the most understanding and kind hearted lender
I'm posting this message everyday on yahoo answer, in order to express my everlasting gratitude to Mr.Steve Davidson
Please i need you all to pray for this man for me.
If you need 16 k home loan than it wont be an issue
you will find it here with us
visit us now and get your things done
credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.How can I get a 16k home loan with no credit score?
COOLER SOLOMON LOAN FIRM.
GRANT LOANS TO PEOPLE HERE WITH BAD CREDIT FOR JUST 5% INTEREST RATE.
WE TRANSFER YOUR LOAN FUND TO YOU WHEREVER YOU ARE.
OUR LOAN PROCESS IS VERY EASY AND COMFORTABLE.
WE ARE A REGISTER LEGITIMATE PRIVATE LOAN FIRM.
ALL KIND OF LOANS ARE AVALIABLE FROM AUTO LOANS TO PERSONAL,UNSECURED,EDUCATIONAL,
HOME LOANS,CREDIT LOANS,BUSINESS LOANS AND HEALTH LOANS.
YOU CAN MAKE YOUR LOAN REQUEST TO OUR PRIVATE EMAIL.coolersolomon@yahoo.com
Hello everyone,
My name is Mrs Rose Smith and i am talking as the happiest person in the whole wild world today and i told my self that any lender that rescue my family from our poor situation, i will tell the name to the whole wild world and i am so happy to say that my family is back for good because i was in need a loan of $58,000 USD to start my life all over as i am a single mum with 2 kids and the whole world seemed like it was hanging on me until i met the GOD sent loan lender that changed my life and that of my family, a GOD fearing lender, Mr Steve Davidson of Davidson loan Financial Incorporated, he was the Saviour GOD sent to rescue my family and at first i thought it was not going to be possible until i received my loan of $58,000 USD and i will advise any one who is in genuine need of a loan to contact Mr Steve Davidson via email stevedavidsonloan32@yahoo.com because he is the most understanding and kind hearted lender
I'm posting this message everyday on yahoo answer, in order to express my everlasting gratitude to Mr.Steve Davidson
Please i need you all to pray for this man for me.
If you need 16 k home loan than it wont be an issue
you will find it here with us
visit us now and get your things done
How do rent an apartment with bad credit in california.?
My credit is horrible and I have a rental collection on my credit. I am in desperate need to find an apartment or house to rent in riverside california. Does anyone have any ideas of how i can get a place?How do rent an apartment with bad credit in california.?
it really hard to rent with bad credit especially if you have a rental collection. most renters would run from that. you might need a co-signer. if a renter does decide to rent to you your security deposit will be very high.How do rent an apartment with bad credit in california.?
Find a roommates shared an apartment. Maybe, co-sign by your parents.
it really hard to rent with bad credit especially if you have a rental collection. most renters would run from that. you might need a co-signer. if a renter does decide to rent to you your security deposit will be very high.How do rent an apartment with bad credit in california.?
Find a roommates shared an apartment. Maybe, co-sign by your parents.
HOW DO YOU GET A PERSONAL LOAN WITH BAD CREDIT?
I need 10,000 to pay house taxes soon.HOW DO YOU GET A PERSONAL LOAN WITH BAD CREDIT?
You're in a house that's accumulated $10000 in taxes, and you don't have enough income to pay that? Sounds like you're carrying too much house to me.
Bad credit on top of it... Bad credit is usually a sign of lack of skill handling money. Three things:
First - you have to make some kind of progress on your property taxes or your house will be sold on the Courthouse steps for back taxes and you will be out on the street still owing the bank for the unpaid balance on a house you don't live in anymore.
Second - sell the house and get into something smaller.
Third - find and attend a Dave Ramsey ';Financial Peace University'; class. Classes are inexpensive, don't take much time, and you will learn valuable skills for managing your finances to stuff like this doesn't bite you in the backside anymore.HOW DO YOU GET A PERSONAL LOAN WITH BAD CREDIT?
Perhaps, family will give you the 10K. I really would ask now. If you wait until the last day, it really creates a bad taste in the mouth of the people who are being asked to give you this money. By asking early, you preserve some personal credibility. If you do not have the ability to repay the money extended to you, it would be the decent thing to be upfront with the family who you are asking to pay your taxes.
You're in a house that's accumulated $10000 in taxes, and you don't have enough income to pay that? Sounds like you're carrying too much house to me.
Bad credit on top of it... Bad credit is usually a sign of lack of skill handling money. Three things:
First - you have to make some kind of progress on your property taxes or your house will be sold on the Courthouse steps for back taxes and you will be out on the street still owing the bank for the unpaid balance on a house you don't live in anymore.
Second - sell the house and get into something smaller.
Third - find and attend a Dave Ramsey ';Financial Peace University'; class. Classes are inexpensive, don't take much time, and you will learn valuable skills for managing your finances to stuff like this doesn't bite you in the backside anymore.HOW DO YOU GET A PERSONAL LOAN WITH BAD CREDIT?
Perhaps, family will give you the 10K. I really would ask now. If you wait until the last day, it really creates a bad taste in the mouth of the people who are being asked to give you this money. By asking early, you preserve some personal credibility. If you do not have the ability to repay the money extended to you, it would be the decent thing to be upfront with the family who you are asking to pay your taxes.
How can I manage my credit debts on my low income!?
I am 22. I recently had surgery at a hospital and now I owe $3000 on bills that have all gone to collection agencies. Right now I have a credit score of 730. I spoke on the phone with the collection agency about payments and they told me that I could continue making my $20 payments but that my credit score will drop because of the outstanding payments and low amount.
She suggested opening a credit card, but if I charge $3000 on a credit card... the payment minimum will probably be $103 or so anyways - so I'm no better off then just paying the collection agency.
I am a full time college student and only make about $200 a month. That is for gas and food. I don't know what to do.. I don't want to invest all my time into college just to get a great job then not be able to get a house due to bad credit. I dont know what to do to fix this problem and how to not lose credit.
Help!!!
Thank you,
David.How can I manage my credit debts on my low income!?
Simply: work more. $200 a month? Is that like 5 hours a week? I know people who work over 30 hours a week and take a full course load!!! Get a second job if your job won't give you more hours. Try to find someone to carpool with. Eat ramen and seasonal fruits and vegetables for a year.How can I manage my credit debts on my low income!?
Apply immediately for student loans. With your low income you should qualify for low-interest Government loans like the Stafford Loan. Fill out the FAFSA form and see if you qualify.
Use the loan money to pay off the medical bills. You don't have to pay the loans back until your graduate, and this gives you time to get a better job to pay down the loan.
Remember, even if you do lose your credit, you can get it back. I think that obviously the thing you should aim for the most is to cut back on unnecessary expenses and pay off the $3000 as soon as possible. Paying as quickly as you can handle will keep your credit score higher, and will decrease the amount of interest (and thus, total amount) you pay.
As for your worries about after college: if you have a good job and are making a lot of money, and spend responsibly, your credit score will rise, and then you can get a house. Plus, you'll already have money saved up for it.
She suggested opening a credit card, but if I charge $3000 on a credit card... the payment minimum will probably be $103 or so anyways - so I'm no better off then just paying the collection agency.
I am a full time college student and only make about $200 a month. That is for gas and food. I don't know what to do.. I don't want to invest all my time into college just to get a great job then not be able to get a house due to bad credit. I dont know what to do to fix this problem and how to not lose credit.
Help!!!
Thank you,
David.How can I manage my credit debts on my low income!?
Simply: work more. $200 a month? Is that like 5 hours a week? I know people who work over 30 hours a week and take a full course load!!! Get a second job if your job won't give you more hours. Try to find someone to carpool with. Eat ramen and seasonal fruits and vegetables for a year.How can I manage my credit debts on my low income!?
Apply immediately for student loans. With your low income you should qualify for low-interest Government loans like the Stafford Loan. Fill out the FAFSA form and see if you qualify.
Use the loan money to pay off the medical bills. You don't have to pay the loans back until your graduate, and this gives you time to get a better job to pay down the loan.
Remember, even if you do lose your credit, you can get it back. I think that obviously the thing you should aim for the most is to cut back on unnecessary expenses and pay off the $3000 as soon as possible. Paying as quickly as you can handle will keep your credit score higher, and will decrease the amount of interest (and thus, total amount) you pay.
As for your worries about after college: if you have a good job and are making a lot of money, and spend responsibly, your credit score will rise, and then you can get a house. Plus, you'll already have money saved up for it.
Trying to buy a house?
my boyfriend, our daughter and i are renting an apartment right now. we are planning to buy a house in the westchester county of NY,preferably port chester area. here's the thing: we don't know where to start, how much to put down and what would be the monthly payment for the house. it's really all new to us and i hope soemone will explain to us. plus he has weak credit due to student loans and credit card collections that has appeared out of nowhere. can we still get a house with his bad credit? he is the sole income for us 3. is it a good time to buy a house now? please help us!Trying to buy a house?
You probably won't be able to afford a house in that area, let alone have enough for the down payment. Keep in mind you also have to pay property tax and property insurance in addition to the mortgage payment. If his credit is below 680, expect to pay a very high rate that is probably not worth it.
A 200K house will be at least $1,800 a month ($1,460 payment + taxes + insurance).Trying to buy a house?
Unless you have a good down payment (at least 20% of the selling price) no one will talk to you if you have bad credit. You would be better off to rent for awhile and get your credit cleaned up.
http://getinthis.iiiii.info
you can get much information in this website,stay a minute in website and check anyone link at a time,you can aslo get your answer in Google Search in this website, which has helped me alot
Those bills must have been ignored by your boyfriend, or you, depending on who they belonged to. If you owe a lot of money and don't have an excellent income, your chances of getting a house are pretty slim.
well without good credit, you may have a problem securing a mortgage, or even a mortgage with a reasonable intrest rate, also westchester is the most highly taxed county in NYS.., putting down 20% of the home purchase price would be ideal, but how many people have 40K lying around, you must calculate every expense you have, and will incur if a home is purchased, ( mortgage, taxes, insurance, utilities, etc) then subtract it from you monthly net income, if you come up with a negative number, forget about a house, sorry and good luck
Go to your bank for a pre-qualifying loan. They will tell you exactly how much, if any, you can qualify for and how to fix any problems that stand in the way.
Sit with a mortgage lender. For a small fee, they will pull a credit report. That credit report will determine your eligibility for consideration. You will be asked to contact all listed creditors with balance(s); judgements; chargeoffs, etc. and have an opportunity to pay off balances. Most often, those in ';collection'; have been bought by another company and you can offer a ';settlement'; which is often much less than the original amount. Once your debts are resolved, the mortgage lender will determine the amount of the loan and terms of payment. Meanwhile, don't apply for credit cards or try to buy a car - remain totally focused on repairing the credit report.
Please note -- the process is lengthy and will take a few months.
I would start looking into an FHA loan. I am in the process of going with them, and the agent told me that they don't necessarily look at the credit score; however, ALL collections must be paid off. She let me know that they are more concerned with the debt to income ratio.Birds What is a Quilt and a Duvet covers
You probably won't be able to afford a house in that area, let alone have enough for the down payment. Keep in mind you also have to pay property tax and property insurance in addition to the mortgage payment. If his credit is below 680, expect to pay a very high rate that is probably not worth it.
A 200K house will be at least $1,800 a month ($1,460 payment + taxes + insurance).Trying to buy a house?
Unless you have a good down payment (at least 20% of the selling price) no one will talk to you if you have bad credit. You would be better off to rent for awhile and get your credit cleaned up.
http://getinthis.iiiii.info
you can get much information in this website,stay a minute in website and check anyone link at a time,you can aslo get your answer in Google Search in this website, which has helped me alot
Those bills must have been ignored by your boyfriend, or you, depending on who they belonged to. If you owe a lot of money and don't have an excellent income, your chances of getting a house are pretty slim.
well without good credit, you may have a problem securing a mortgage, or even a mortgage with a reasonable intrest rate, also westchester is the most highly taxed county in NYS.., putting down 20% of the home purchase price would be ideal, but how many people have 40K lying around, you must calculate every expense you have, and will incur if a home is purchased, ( mortgage, taxes, insurance, utilities, etc) then subtract it from you monthly net income, if you come up with a negative number, forget about a house, sorry and good luck
Go to your bank for a pre-qualifying loan. They will tell you exactly how much, if any, you can qualify for and how to fix any problems that stand in the way.
Sit with a mortgage lender. For a small fee, they will pull a credit report. That credit report will determine your eligibility for consideration. You will be asked to contact all listed creditors with balance(s); judgements; chargeoffs, etc. and have an opportunity to pay off balances. Most often, those in ';collection'; have been bought by another company and you can offer a ';settlement'; which is often much less than the original amount. Once your debts are resolved, the mortgage lender will determine the amount of the loan and terms of payment. Meanwhile, don't apply for credit cards or try to buy a car - remain totally focused on repairing the credit report.
Please note -- the process is lengthy and will take a few months.
I would start looking into an FHA loan. I am in the process of going with them, and the agent told me that they don't necessarily look at the credit score; however, ALL collections must be paid off. She let me know that they are more concerned with the debt to income ratio.
How can i buy a house?
I am very interested in buying a house with my boyfriend. He has bad credit and I really don't have any. I know there has to be a way for us to buy a house or even rent to own, which is what we are looking for. I know people that are able to get houses who have worse credit than me or my boyfriend. There has to be some way we can get a house as well. Does anyone have any advice? Is there diffrent methods, if so what are they? We really want a house and know there has to be a way. He works I don't. What about houses through banks, what is the story on that?How can i buy a house?
Right now there are an abundant numbers of houses on the market and sales are few and far between. Its a buyers market but with bad credit it will be near impossible to get an approved loan. I suggest you look for a house that you could lease option on where much of what you lease it for is put toward a down payment toward a home purchase. There are also land sales contracts where you buy the house from the owner on monthly payments. The main thing is you both work and have good jobs so you can guarantee payment otherwise you could put thousands toward the purchase and if unable to pay, the owner could take the home back, keep your money, and resell it to someone else...good luck to you.How can i buy a house?
firstly improve your bf credit score and than look at buying house.
few links which may be of help to you.
http://loans-guru.com/healthy-debt-alter
http://loans-guru.com/things-you-should-
They are many programs for first time buyers, my answer to you would be to talk to a lender or mortgage company to see if anything can be done to help you, they could even tell you what to do to fix your credit in order to get a loan.
Gilbert Aguilar
Keller Williams Realty
210.548.3893
gaguilar@kw.com
www.gilbertaguilar.com
How To Get The Best Mortgage to Buy Real Estate
Mortgages come in many different shapes and sizes, each with their own advantages and disadvantages. In this article you'll be able to find out about current rates, along with advice from a home loan expert. So what is a mortgage anyway? Well mortgages are used by people and businesses to make large purchases of real estate without paying the entire value of the purchase up front. Mortgage lending is the primary way banks in most countries to finance private ownership of homes. Generally with a mortgage, the debtor must meet the conditions of the underlying loan or other obligation and the conditions of the loan
Right now there are an abundant numbers of houses on the market and sales are few and far between. Its a buyers market but with bad credit it will be near impossible to get an approved loan. I suggest you look for a house that you could lease option on where much of what you lease it for is put toward a down payment toward a home purchase. There are also land sales contracts where you buy the house from the owner on monthly payments. The main thing is you both work and have good jobs so you can guarantee payment otherwise you could put thousands toward the purchase and if unable to pay, the owner could take the home back, keep your money, and resell it to someone else...good luck to you.How can i buy a house?
firstly improve your bf credit score and than look at buying house.
few links which may be of help to you.
http://loans-guru.com/healthy-debt-alter
http://loans-guru.com/things-you-should-
They are many programs for first time buyers, my answer to you would be to talk to a lender or mortgage company to see if anything can be done to help you, they could even tell you what to do to fix your credit in order to get a loan.
Gilbert Aguilar
Keller Williams Realty
210.548.3893
gaguilar@kw.com
www.gilbertaguilar.com
How To Get The Best Mortgage to Buy Real Estate
Mortgages come in many different shapes and sizes, each with their own advantages and disadvantages. In this article you'll be able to find out about current rates, along with advice from a home loan expert. So what is a mortgage anyway? Well mortgages are used by people and businesses to make large purchases of real estate without paying the entire value of the purchase up front. Mortgage lending is the primary way banks in most countries to finance private ownership of homes. Generally with a mortgage, the debtor must meet the conditions of the underlying loan or other obligation and the conditions of the loan
Bad credit with an eviction on the credit from a friend orange county cali?
i have bad creidt due to identity theft plus an eviction becuase of a friend on my credit. i have me and my wife and we need to get into a house or a apartment condo whatever how can i get into one that is farly decent that i can live in wth these problems my baby is going to be born in about 2 months and im getting nervous im from orange county california, if anyone can help with this situation that would be great. i make great money and alot of it so that is not the problem i just need a place to live please someone help i can afford the rent no problemBad credit with an eviction on the credit from a friend orange county cali?
am an independent associate for a company. I can help. It sounds like you need your credit restored. Am I correct? Let me know and I can send you info!Bad credit with an eviction on the credit from a friend orange county cali?
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons
if it helps kindly remember me in your voting!.. cheers!
am an independent associate for a company. I can help. It sounds like you need your credit restored. Am I correct? Let me know and I can send you info!Bad credit with an eviction on the credit from a friend orange county cali?
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons
if it helps kindly remember me in your voting!.. cheers!
How to get a car with bad credit even though i pay my car payment all the time?
my grandmother signed for a mortgage for a House for my dad 4 yrs ago and she bought a car 2 and a half yrs ago at the time of her buying the car she had a credit score of 670 her payments are $169 a month and the bank she pays to is m%26amp;t bank she never missed a car payment was never late with one she was always on time last year my dads house that my grandmother signed for went into for-closer my dad and grandmother ain't talking anymore so nothing was done about the house her credit went down the drain so to speak and she still owes $5600 on her car but wants a new one if she sells her car gets enough to pay it off she wants to buy a 1998 chevy blazer for $4600 with a $1000 down payment her payments a month would be $75.68 a month for 5 years if she went back to m%26amp;t bank my question is would they accept the loan? under the fact that she has had a loan with them for a car and was never late and always on time with the payments even though she has bad credit (would they do it because of there previous business with my grandmother that they never had any problems)How to get a car with bad credit even though i pay my car payment all the time?
If she co-signed, the house payment falls on her since your dad didn't pay for it. Yes, it affects her credit rating. That's why you NEVER co-sign for someone. Even the Bible says not to accept responsibility for other's debts.
Also, more than likely, she will not get a 1998 vehicle financed for more than 3 years.
It sucks, but that's life.
If she co-signed, the house payment falls on her since your dad didn't pay for it. Yes, it affects her credit rating. That's why you NEVER co-sign for someone. Even the Bible says not to accept responsibility for other's debts.
Also, more than likely, she will not get a 1998 vehicle financed for more than 3 years.
It sucks, but that's life.
I want that beautiful dream house i saw, HELP!?
After ALOT of hard work %26amp; determination, I am almost out of financial debt. It hasn't been an easy task. But I was %26amp; am determined, and i am half way there. I work overtime, cut expenses, budget tightly, fiercly and well. I have saved, saved, saved! The rate that i am going i will be completely debt free no later than June 2008! Armed with that info, i recently was browsing a real estate site, and fell in love with the house of my dreams. I want that house so bad! the mortgage is 4 thousand dollars a month. the down payment is flexible. i have had a run in with bad credit history. my credit history looks like a bomb. I am wondering, does anyone foresee me getting this beautiful house i so desperately want. I desire it so much. I'd do anything to obtain it. any suggestions? this house is so everything i want! any consults out there on how, ifs and where abouts and steps i could take? i dont think that i will be hitting the lottery, but i'd love to buy this house %26amp; call it my own! :)I want that beautiful dream house i saw, HELP!?
why dont u go with something a little less and give your self enough time to save save and save some more and maybe you will save enough to flat out buy the house with out having to get a loan!!I want that beautiful dream house i saw, HELP!?
I'm concerned with the following: ';The mortgage is 4 thousand a month. The downpayment is flexible.'; The monthly mortgage payment is dependent on the amount financed and the interest rate. The amount financed is dependent on the selling price and the amount of the downpayment. How can you know the mortgage payment without knowing the downpayment?
That would be tough, you would be very lucky to get a loan. $4k is a lot of money ';Per Month.'; Shoot I can't even afford it. My husband and I are looking for a house, and we think a $2k p/mo is a lot, and we have a good downpayment. Think of $4k mortgage plus all utilities and expenses for the month that you would have to pay and then consider how much income you bring home? Do the math. Then you would know if you could afford it. You would have a dream home, and all your hard work would be paying the house and you wouldn't be able to do anything else like buy furniture, save decently, or go on trips. When you get paid, try paying yourself first by putting that $$ into a savings account and not touching it and use what you have to to pay your other bills. Someday you will have saved up a lot for what you want. Be patient. We are.
Hope this helps. Don't mean to rain on your parade. ;)
Marty, from Premium Loan Sharks, looks for victims, mostly newbies like you, here. He is a scammer victimizing some of the naive people here. Yahoo routinely kicks him out, but he continues.
Do not contact him, he has no intention of helping you anyway. Unless of course you count helping you out of your life savings.
Sadly, I think you are not beign realistic. For starters you need to keep in mind that taxes and insurance on a house that expensive will be another 1,000 a month, at least, most likely more.
You will need to have a household income of about 12,000 a month to qualify, ignoring your credit score.
Also, as pointed out already, your information sounds like someone running a scam. There is no possible way to determine a monthly payment with the downpayment beign a specific amount AND the loan for a specific interest rate. There is no rate that all people qualify for or will accept.
ONLY FOOLS BUY NOW. Prices are dropping by 10k a month here in California. Why would you pay 400 for something that will be 300 in one year? The point is BUY LOW AND SELL HIGH. Anyone who thinks this is the bottom is a TOOL.
Pray on it honey. God gives you the desires of your heart. I wish I could afford it--G 4000 is a lot.God bless
why dont u go with something a little less and give your self enough time to save save and save some more and maybe you will save enough to flat out buy the house with out having to get a loan!!I want that beautiful dream house i saw, HELP!?
I'm concerned with the following: ';The mortgage is 4 thousand a month. The downpayment is flexible.'; The monthly mortgage payment is dependent on the amount financed and the interest rate. The amount financed is dependent on the selling price and the amount of the downpayment. How can you know the mortgage payment without knowing the downpayment?
That would be tough, you would be very lucky to get a loan. $4k is a lot of money ';Per Month.'; Shoot I can't even afford it. My husband and I are looking for a house, and we think a $2k p/mo is a lot, and we have a good downpayment. Think of $4k mortgage plus all utilities and expenses for the month that you would have to pay and then consider how much income you bring home? Do the math. Then you would know if you could afford it. You would have a dream home, and all your hard work would be paying the house and you wouldn't be able to do anything else like buy furniture, save decently, or go on trips. When you get paid, try paying yourself first by putting that $$ into a savings account and not touching it and use what you have to to pay your other bills. Someday you will have saved up a lot for what you want. Be patient. We are.
Hope this helps. Don't mean to rain on your parade. ;)
Marty, from Premium Loan Sharks, looks for victims, mostly newbies like you, here. He is a scammer victimizing some of the naive people here. Yahoo routinely kicks him out, but he continues.
Do not contact him, he has no intention of helping you anyway. Unless of course you count helping you out of your life savings.
Sadly, I think you are not beign realistic. For starters you need to keep in mind that taxes and insurance on a house that expensive will be another 1,000 a month, at least, most likely more.
You will need to have a household income of about 12,000 a month to qualify, ignoring your credit score.
Also, as pointed out already, your information sounds like someone running a scam. There is no possible way to determine a monthly payment with the downpayment beign a specific amount AND the loan for a specific interest rate. There is no rate that all people qualify for or will accept.
ONLY FOOLS BUY NOW. Prices are dropping by 10k a month here in California. Why would you pay 400 for something that will be 300 in one year? The point is BUY LOW AND SELL HIGH. Anyone who thinks this is the bottom is a TOOL.
Pray on it honey. God gives you the desires of your heart. I wish I could afford it--G 4000 is a lot.God bless
Need to move so daughter can go to a good district but we have bad credit?
This was my daughters last year at a private school. Our plan was to move before she started the new school year. We made a terrible mistake a few years ago %26amp; and refinanced our house with an adjustable rate mortage. Our payment changes now every six months. We always make our house payment so now credit card bills have not been paid. So, we now have bad credit, we cannot refinance our house and we certainly could not finance a new or used home. You have to have good credit to rent a house. We do not have any family to help us finance another home in a good school district. We live in a very bad school district %26amp; we cannot afford to send my daughter to private school anymore. I hate that my daughter is having to pay for our mistakes. She was so excited about moving. I am constantly being asked where my daughter will be going to school %26amp; I am constatnly being told that I have to do everything I can not to send her to the school in our district. I don't know how to get out of this messNeed to move so daughter can go to a good district but we have bad credit?
I can't believe I'm even going to suggest this, but do you know anyone, family, that lives in a school district that you would send your daughter? You could possibly use that address. This is not honest, I know, but we do all we can for our children. As far as your house goes. You've got to get yourself on a budget, talk to someone about getting a fixed rate. See a credit councilor. Some of your credit card companies will take less than the balance owed. You'll never know until you ask. Good Luck.Need to move so daughter can go to a good district but we have bad credit?
NO You did not make a mistake!
You were lured into a bad loan that was not a fit for you long term. This practice over the years is causing family's such as your undue heartache.
You need to file a predatory lender claim, citing RESPA and TILA violations. You also file a ';qualified request'; for production (of documents) to keep them busy. Then, get your file audited by a professional firm and begin the process.
Your working towards a negotiated settlement. You may reduce the mortgage by as much as half the current balance and payment Maher Soliman
Do it...for your daughter. (Your neighbor did) www.borrowerhotline.com [References always]
Your daughter is now suffering for your mistake.
LIFE LESSON FOR EVERYONE:
DON'T GET AN ADJUSTABLE RATE MORTGAGE.
Have you looked at moving to a different city?
Nashville has good public schools and a low cost of living.
Looks like you will have to make the best of it and send her to a school in the district you are now living in until you can fix your credit.
First, spending your time filing for Respa violations is a waste of time if your only complaint was that you got an adjustable rate mortgage. If there was fraud on the lenders part, that is a different thing.
FHA may have a program for you if your bad credit is due to an ARM adjustment. If we can show this, then your credit would most likely not hold you back from getting another loan. Your maintaining your mortgage payments is good however I've refinanced people into FHA with multiple 30 and 60 day lates caused by an ARM adjustment. Your should be significantly lower than you currently have if your ARM has been adjusting.
So if staying in your home with lower payments as your objective, I would take this route.
If you want to move to another school district, then you may be able to qualify for a loan with a good letter of explanation for the reason your credit is currently bad. Underwriters are open to letters of explanation especially if it was caused by an ARM adjustment. You would have to put down 3%, less using a down payment assistance program.
However, a key question is would you be able to sell your house and would you get at least enough to pay off the mortgage?
Have your credit looked at by a lender and to see if either of these routes is available to you.why can't i burn cds games
I can't believe I'm even going to suggest this, but do you know anyone, family, that lives in a school district that you would send your daughter? You could possibly use that address. This is not honest, I know, but we do all we can for our children. As far as your house goes. You've got to get yourself on a budget, talk to someone about getting a fixed rate. See a credit councilor. Some of your credit card companies will take less than the balance owed. You'll never know until you ask. Good Luck.Need to move so daughter can go to a good district but we have bad credit?
NO You did not make a mistake!
You were lured into a bad loan that was not a fit for you long term. This practice over the years is causing family's such as your undue heartache.
You need to file a predatory lender claim, citing RESPA and TILA violations. You also file a ';qualified request'; for production (of documents) to keep them busy. Then, get your file audited by a professional firm and begin the process.
Your working towards a negotiated settlement. You may reduce the mortgage by as much as half the current balance and payment Maher Soliman
Do it...for your daughter. (Your neighbor did) www.borrowerhotline.com [References always]
Your daughter is now suffering for your mistake.
LIFE LESSON FOR EVERYONE:
DON'T GET AN ADJUSTABLE RATE MORTGAGE.
Have you looked at moving to a different city?
Nashville has good public schools and a low cost of living.
Looks like you will have to make the best of it and send her to a school in the district you are now living in until you can fix your credit.
First, spending your time filing for Respa violations is a waste of time if your only complaint was that you got an adjustable rate mortgage. If there was fraud on the lenders part, that is a different thing.
FHA may have a program for you if your bad credit is due to an ARM adjustment. If we can show this, then your credit would most likely not hold you back from getting another loan. Your maintaining your mortgage payments is good however I've refinanced people into FHA with multiple 30 and 60 day lates caused by an ARM adjustment. Your should be significantly lower than you currently have if your ARM has been adjusting.
So if staying in your home with lower payments as your objective, I would take this route.
If you want to move to another school district, then you may be able to qualify for a loan with a good letter of explanation for the reason your credit is currently bad. Underwriters are open to letters of explanation especially if it was caused by an ARM adjustment. You would have to put down 3%, less using a down payment assistance program.
However, a key question is would you be able to sell your house and would you get at least enough to pay off the mortgage?
Have your credit looked at by a lender and to see if either of these routes is available to you.
How do i clear a bad credit record?
my boyfriends brother had a home phone bill in my boyfriends name and never payed the bill we are tring to get a home loan and we found this out. So he moved from this house and its been yrs and the phone co. no longer exists. so we dont know how to (pay) take care of this bill. we tried calling the phone co that they joined with and they dont know how to help us. and we're not sure who the collections agency is that has the claim please help.How do i clear a bad credit record?
Get a credit report from all three of the credit bureaus, they are free if you havent gotten one in last year from AnnualCreditReport.com (make sure it is THIS site, others will charge you). Once youve gotten the reports, find out the collection agency, make a deal, make a payoff. Unfortunately you may be stuck with it for 7 years after it has been closed, but you can write a letter to each company to attach to this account explaining the situation.
Also, make sure your credit reports are accurate, that everything is up to date. Fix those things that are 7 years plus, etc.
This will begin to get your score back up. Also get a lawyer and get your phone $$ back...How do i clear a bad credit record?
How old is the phone bill?
If it's more than 6 years, it's going to be erased soon from the credit report.
And I don't think your bank will refuse a mortgage for this situation - if it's the only bad item in the credit report.
Get a credit report from all three of the credit bureaus, they are free if you havent gotten one in last year from AnnualCreditReport.com (make sure it is THIS site, others will charge you). Once youve gotten the reports, find out the collection agency, make a deal, make a payoff. Unfortunately you may be stuck with it for 7 years after it has been closed, but you can write a letter to each company to attach to this account explaining the situation.
Also, make sure your credit reports are accurate, that everything is up to date. Fix those things that are 7 years plus, etc.
This will begin to get your score back up. Also get a lawyer and get your phone $$ back...How do i clear a bad credit record?
How old is the phone bill?
If it's more than 6 years, it's going to be erased soon from the credit report.
And I don't think your bank will refuse a mortgage for this situation - if it's the only bad item in the credit report.
Need info on buying a house.?
My husband and i are looking at buying our first house. We have found three we love. We have never owned a house only rented different houses for the last five years. We had a repossed car three almost four years ago. How do we get approved for a house mortgage with bad credit. If any one has any suggestions it would help. Also one of the houses we would have to have the money for in two weeks.Need info on buying a house.?
Contact a Mortgage Broker they have access to many lenders for good and not so good credit.
RealtorNeed info on buying a house.?
I've read that you go to the bank or mortgage company and tell them what you plan to do and see what they will offer in the way of a mortgage. They may still want you to bring a specific house for them to consider.
Since this is your first house: 1. get advice from your parents if they have bought houses. 2. read up on this online 3. have a lawyer look over the paperwork. Our lawyer found some discrepancy both times we bought. 4. Make your offer contingent on a home inspection. There's no sense committing yourself to buying something for $50,000 or more and trying to save $200 by not getting an inspection. Go through the house with the inspector and listen to everything you are told and ask questions. You'll learn a lot. 5. There are plenty of good houses out there. You do not have to rush to get the money in two weeks. Let that one go. This is a buyer's market. 6. Deal with a realtor. Find one you trust and listen to that person's advice.
It is better not to buy if your finances are at all shaky. Any house you buy, no matter how well made or new, will have things that are wrong with it and a lot of little repairs that will have to be done. Something always stops working once you move in. Instead of rushing, rent cheap and save, save, save. Then go out with a realtor (not agent) and look at loads of houses in your price range. Buy something less than you can afford, a lot less. You have to be able to live a decent life and not be weighted down by a mortgage. Remember, the mortgage company will not wait around for your late payment. Do not buy unless you are in jobs you expect to be able to keep for years and years.
Do not buy because the furniture in the house is cute. It goes with the seller. Make sure you can live comfortably if you break a leg and can't get upstairs or down to the basement, things like that. Try to make as few bad decisions as possible because you will live with them every day until you pay off or sell the house.
Good luck. Home ownership is great but can bankrupt you if you don't think ahead and save.
Contact a Mortgage Broker they have access to many lenders for good and not so good credit.
RealtorNeed info on buying a house.?
I've read that you go to the bank or mortgage company and tell them what you plan to do and see what they will offer in the way of a mortgage. They may still want you to bring a specific house for them to consider.
Since this is your first house: 1. get advice from your parents if they have bought houses. 2. read up on this online 3. have a lawyer look over the paperwork. Our lawyer found some discrepancy both times we bought. 4. Make your offer contingent on a home inspection. There's no sense committing yourself to buying something for $50,000 or more and trying to save $200 by not getting an inspection. Go through the house with the inspector and listen to everything you are told and ask questions. You'll learn a lot. 5. There are plenty of good houses out there. You do not have to rush to get the money in two weeks. Let that one go. This is a buyer's market. 6. Deal with a realtor. Find one you trust and listen to that person's advice.
It is better not to buy if your finances are at all shaky. Any house you buy, no matter how well made or new, will have things that are wrong with it and a lot of little repairs that will have to be done. Something always stops working once you move in. Instead of rushing, rent cheap and save, save, save. Then go out with a realtor (not agent) and look at loads of houses in your price range. Buy something less than you can afford, a lot less. You have to be able to live a decent life and not be weighted down by a mortgage. Remember, the mortgage company will not wait around for your late payment. Do not buy unless you are in jobs you expect to be able to keep for years and years.
Do not buy because the furniture in the house is cute. It goes with the seller. Make sure you can live comfortably if you break a leg and can't get upstairs or down to the basement, things like that. Try to make as few bad decisions as possible because you will live with them every day until you pay off or sell the house.
Good luck. Home ownership is great but can bankrupt you if you don't think ahead and save.
Lendingtree.com, how reputable is the site? can i really get a loan with bad credit?
i'm looking to buy a house but my credit score is 511, i need at least 600 to get approved. I heard about this website that will give your information to hundreds of banks and you will receive loan offers according to your information. I want to know how reputable is the site? Does it actually work and is it easy as it sounds? I understand that the loans will probably be bad loans with high interest but i don't mind to refinance once my credit score improves. Is there any catch?Lendingtree.com, how reputable is the site? can i really get a loan with bad credit?
Hey G,
Ive heard good things about lending tree, I have never dealth with them though. check google for reviews.
http://extracash.weebly.com/Lendingtree.com, how reputable is the site? can i really get a loan with bad credit?
Need money?
I suggest you to try project payday, simply because you don't need any money up front and you can start making money within minutes. I average around 2,500 dollars every month with it. Check it out at http://riskfreedeal.com/payday.htm
Bad Credit Does Not Mean You Cannot Get A Loan.One of the most popular resources for researching bad credit loans is the internet. Almost all lenders have web sites that provide guidelines and information about their bad credit loan programs, and some even offer online application processes.You may find a bad credit loan here,
http://www.worldbestloans.com/
Do some research before you submit any loan applications. Check out several lenders, ask about their interest rates and loan terms, and find out more about their loan process. Be careful, though, not to submit a flurry of applications in a short period of time.
Hey G,
Ive heard good things about lending tree, I have never dealth with them though. check google for reviews.
http://extracash.weebly.com/Lendingtree.com, how reputable is the site? can i really get a loan with bad credit?
Need money?
I suggest you to try project payday, simply because you don't need any money up front and you can start making money within minutes. I average around 2,500 dollars every month with it. Check it out at http://riskfreedeal.com/payday.htm
Bad Credit Does Not Mean You Cannot Get A Loan.One of the most popular resources for researching bad credit loans is the internet. Almost all lenders have web sites that provide guidelines and information about their bad credit loan programs, and some even offer online application processes.You may find a bad credit loan here,
http://www.worldbestloans.com/
Do some research before you submit any loan applications. Check out several lenders, ask about their interest rates and loan terms, and find out more about their loan process. Be careful, though, not to submit a flurry of applications in a short period of time.
How can I get a loan with bad credit.?
I'M TRYING TO BUY A HOUSE, WHEN I WAS YOUNG AND STUPID I JUST DECIDED NOT TO PAY A CREDIT CARD AND A CELLPHONE AND NOW, WELL AM SCREWED, BUT KNOW I HAVE 2 KIDS , AND THE BANK TOLD ME THAT I NEED TO PAYOFF WHAT I HAD IN COLLECTION, WITCH IS LIKE 5000.00, BUT NOBODY WILL GIVE ME LOAN, AM JUST TRYING TO PUT A ROOF FOR MY KIDS, COME ON, SOMEBODY KNOW ANYTHING AND HOW TO GET A LOAN WITH BAD CREDIT, SO I CAN FIX MY CREDIT.
RIGHT I MAKE GOOD MONEY, I WORK FOR A BIG FINANCIAL INSTITUTION, SO EVERYTHING IS SOLID, PLEASE HEEELLLPPPPPPPPPPPPPPPPPPPPPPPHow can I get a loan with bad credit.?
Loansharks or the mafia. It will be hell-to-pay if you default.How can I get a loan with bad credit.?
Get easy loan.Bad credit? no problem..I think the below website helps you.
try http://www.igotmymoney.com
they specialize in bad credit loans, thy them first because they have several loans available.
if everyone turns you down then try http://www.cashcall.com
interest will be higher but you should definitely get the $5,000 that you need
good luck
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons
if it helps kindly remember me in your voting!.. cheers!
I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.
A good loan officer will help you with financial planning to get your credit score boosted up. Try different companies, don't go to the big banks. Try Bristol Home Loans, or Pinnacle Financial.
If you own land,your home or your vehicle,you can use them as collateral.Maybe try a fianance company instead of a bank and try to get somone to co-sign for you.
';At some point of time people dol have bad credit record. If you are worried about your poor credit history then you will not get any credit. There are many lenders who provide loans to people whose credit record is bad, but at a higher interest rate. You can get bad credit loans from some lenders quickly and easily.
Before you apply for a bad credit loan, there are some points you should first take into account. The only eligibility for the bad credit loan is poor credit history. To increase your credit score, ensure that the details of your loans are sent to major credit bureaus. ';
RIGHT I MAKE GOOD MONEY, I WORK FOR A BIG FINANCIAL INSTITUTION, SO EVERYTHING IS SOLID, PLEASE HEEELLLPPPPPPPPPPPPPPPPPPPPPPPHow can I get a loan with bad credit.?
Loansharks or the mafia. It will be hell-to-pay if you default.How can I get a loan with bad credit.?
Get easy loan.Bad credit? no problem..I think the below website helps you.
try http://www.igotmymoney.com
they specialize in bad credit loans, thy them first because they have several loans available.
if everyone turns you down then try http://www.cashcall.com
interest will be higher but you should definitely get the $5,000 that you need
good luck
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-cons
if it helps kindly remember me in your voting!.. cheers!
I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.
A good loan officer will help you with financial planning to get your credit score boosted up. Try different companies, don't go to the big banks. Try Bristol Home Loans, or Pinnacle Financial.
If you own land,your home or your vehicle,you can use them as collateral.Maybe try a fianance company instead of a bank and try to get somone to co-sign for you.
';At some point of time people dol have bad credit record. If you are worried about your poor credit history then you will not get any credit. There are many lenders who provide loans to people whose credit record is bad, but at a higher interest rate. You can get bad credit loans from some lenders quickly and easily.
Before you apply for a bad credit loan, there are some points you should first take into account. The only eligibility for the bad credit loan is poor credit history. To increase your credit score, ensure that the details of your loans are sent to major credit bureaus. ';
How to get a home loan and start paying on bad debit?
My spouse and I are wanting to purchase a home. We pay our rent every month so we should be able to pay a house payment. We have some very bad credit issues in the past and would like to take care of them either by settling or paying the debt off slowly. But how does one go about this? I know I can get a government loan if I start paying on the bad debt, but companies want lump sums and dont want to work with us. They demand payment now and dont' care otherwise. Any suggestions?How to get a home loan and start paying on bad debit?
Hello, I檓 pretty sure you know that your credit score and credit history are very important factors when it comes to obtaining a mortgage that best works for you.
I do not recommend you take out a loan to pay your debts, however, I do recommend you and your husband consider taking some steps to re-build your credit such as slowly paying your bad debts off in order to increase your credit score. It檚 going to take time, but it will be worth the wait when you consider that youl most likely receive a much lower interest rate on your mortgage loan when you're ready to purchase a home.
Finally, it's not typical for creditors to refrain from working out a payment plan. I suggest you continue to call and ask for a supervisor if you need to. I'm sure someone will work something out with you.
I hope this ansers your question. Good luck!
I have included a link with great information regarding help with improving credit scores.
I hope this answers your question. Good luck!How to get a home loan and start paying on bad debit?
There are hundreds if not thousands of websites on the internet enumerating the ways to apply and receive home loan when you are plagued with bad credit issues. These sites help consumers with bad credit scores to increase the viability of their existing credit scores and set up loans regardless of their credit history.Companies that specialize in bad credit home loans; usually offer a wide range of options for consumers with bad credit%26lt;!--These options include Bad Credit Home Loans, Home Equity and Line of Credit (HELOC) Loans and different options for Mortgage Refinancing, making it possible for those with bad credit to realize the dream of owning their own home.You can find Home Loans here,
http://badcredits.awardspace.com/homeloans.htm
They also offer a debt consolidation offer which helps the home owner organize a comprehensive program for controlling their spending. Many consumers with bad credit are grateful for the opportunity to receive a second chance, sort to speak--%26gt;Bad credit hasn't stopped them from purchasing a home. There are several programs available for people with bad credit that helps to restore their credit status and to live debt free lives.
I've worked hard to have excellent credit on a very low, low income.
Get yourself out of debt before you get into a home or you are likely to just have more and more debt.
One, if you are trying to work with creditors and they refuse to work with you, take their phone calls so you can show that in court. Refuse to talk to them unless they allow you to take the call. There are new laws that say that any reasonsable offer to work on reducing your debt, must be accepted. Working with a state agency for credit reduction is best. Go online for your state and look up: State Assisted Debt Reduction. DO NOT, DO NOT pay some company to help you. If you go with a state one, the fee per months is like usually 12 to 20 dollars. All that does is pay the person who does all the work for you. They charge you one fee per month for all your debt. They then get each creditor to agree to not add any more interest, to accept so much on the dollar. Most will attempt to get your debt down to where it won't take mroe then two years to pay it off. Doing this also saves your credit rating and actually as you pay on time it ups your score. I had a friend who had 1,000 in outstanding debt. She was charged through the state agency 100 per month, and only 12 of htat was a fee, the remaining 88 dollars went to paying off her debt.
You will be expected to sign a paper saying you will not take out any credit of any kind, in store or other until you are out of debt.
I'd recommend learning to budget as well. Poeple just don't live within their incomes. I live on 700.00 per month and pay 465 in rent, yet I stay out of debt. It means learning to go without things you do not need. People often think they need dinner out once or twice a week. A coke or coffee each day. Something new to wear each month.
YOu'll find if yoiu learn to make a budget that both you and your husband can live off of, get out of debt, you'll actually save a lot. Learning to sasve for things you want and paying cash, means when you buy something it's yours, without interest and no one can come and take it away if you don't pay off a loan.
After you get out of debt, learning the key that you never buy a home that the monthly payment will come to more then 1/3 of one persons income, not two incomes. That way, if something happens to one of you, you've learned to live off the one income when it comes to the inportant things. If you can't live off one income for all your major things, Rent or Morgage, Food, Clothing, Water and Gas, Lights, Phone, Internet, Car, Gas and money budgeted for car repairs so you have some set aside when things go wrong with the car, so you won't have to go into debt to fix the car.
So get in with someone and get out of debt before you go into a home. Then when you think of buying a home, you can't say becuas eyou can afford rent, you can afford a home. You have to add into monthly expenses once you own a home. Money for repairs that always need done. Money each month to pay your taxes on the home each year. Renters normally do not have to have insurance, so you'll need to add in home owners insurance. You'll need to add in yard care, water, buying a mower and other yard care tools. You'll have the added bill of sewer and garbage, water, etc. All these you should consider that in addiction to the house payment, you'll be spending about 400.00 more each month, at least, for the added expenses of owning a home. That 400.00 is on the low end, most when they add up all the expenses, average out between 800.00 and 1,200 more per month. You do not want to wait until taxes come due each year and wonder where the money is going to come from. Also, taxes usually increase each year.
Good luck. Get out of debt, then really look at every bill you'll have once you own a home. Do not get an adjustable rate, get a fixed, that way you are not going up and down with the market. Make sure you can take care of all necessary expenses, including food and personal necessities on just one income. If you can't, consider saving at least 1/4 of what you'd pay on a home, so that when hard times come, you an still pay the house payment.
Take care and I hope it all works out for the two of you.
So you wantr to GET A LOAN TO PAY A DEBT? Isnt that what a loan is? a debt. Depending on the debt, you can send them payments. They will send you a cash pay offer for a lower amount eventually but they will want cash as you said. Just tell them you can pay $xxx monthly. If the debt is a medical. it wont count a lot on your home loan unless it is a large amount.advice my marriage relaxers for summer
Hello, I檓 pretty sure you know that your credit score and credit history are very important factors when it comes to obtaining a mortgage that best works for you.
I do not recommend you take out a loan to pay your debts, however, I do recommend you and your husband consider taking some steps to re-build your credit such as slowly paying your bad debts off in order to increase your credit score. It檚 going to take time, but it will be worth the wait when you consider that youl most likely receive a much lower interest rate on your mortgage loan when you're ready to purchase a home.
Finally, it's not typical for creditors to refrain from working out a payment plan. I suggest you continue to call and ask for a supervisor if you need to. I'm sure someone will work something out with you.
I hope this ansers your question. Good luck!
I have included a link with great information regarding help with improving credit scores.
I hope this answers your question. Good luck!How to get a home loan and start paying on bad debit?
There are hundreds if not thousands of websites on the internet enumerating the ways to apply and receive home loan when you are plagued with bad credit issues. These sites help consumers with bad credit scores to increase the viability of their existing credit scores and set up loans regardless of their credit history.Companies that specialize in bad credit home loans; usually offer a wide range of options for consumers with bad credit%26lt;!--These options include Bad Credit Home Loans, Home Equity and Line of Credit (HELOC) Loans and different options for Mortgage Refinancing, making it possible for those with bad credit to realize the dream of owning their own home.You can find Home Loans here,
http://badcredits.awardspace.com/homeloans.htm
They also offer a debt consolidation offer which helps the home owner organize a comprehensive program for controlling their spending. Many consumers with bad credit are grateful for the opportunity to receive a second chance, sort to speak--%26gt;Bad credit hasn't stopped them from purchasing a home. There are several programs available for people with bad credit that helps to restore their credit status and to live debt free lives.
I've worked hard to have excellent credit on a very low, low income.
Get yourself out of debt before you get into a home or you are likely to just have more and more debt.
One, if you are trying to work with creditors and they refuse to work with you, take their phone calls so you can show that in court. Refuse to talk to them unless they allow you to take the call. There are new laws that say that any reasonsable offer to work on reducing your debt, must be accepted. Working with a state agency for credit reduction is best. Go online for your state and look up: State Assisted Debt Reduction. DO NOT, DO NOT pay some company to help you. If you go with a state one, the fee per months is like usually 12 to 20 dollars. All that does is pay the person who does all the work for you. They charge you one fee per month for all your debt. They then get each creditor to agree to not add any more interest, to accept so much on the dollar. Most will attempt to get your debt down to where it won't take mroe then two years to pay it off. Doing this also saves your credit rating and actually as you pay on time it ups your score. I had a friend who had 1,000 in outstanding debt. She was charged through the state agency 100 per month, and only 12 of htat was a fee, the remaining 88 dollars went to paying off her debt.
You will be expected to sign a paper saying you will not take out any credit of any kind, in store or other until you are out of debt.
I'd recommend learning to budget as well. Poeple just don't live within their incomes. I live on 700.00 per month and pay 465 in rent, yet I stay out of debt. It means learning to go without things you do not need. People often think they need dinner out once or twice a week. A coke or coffee each day. Something new to wear each month.
YOu'll find if yoiu learn to make a budget that both you and your husband can live off of, get out of debt, you'll actually save a lot. Learning to sasve for things you want and paying cash, means when you buy something it's yours, without interest and no one can come and take it away if you don't pay off a loan.
After you get out of debt, learning the key that you never buy a home that the monthly payment will come to more then 1/3 of one persons income, not two incomes. That way, if something happens to one of you, you've learned to live off the one income when it comes to the inportant things. If you can't live off one income for all your major things, Rent or Morgage, Food, Clothing, Water and Gas, Lights, Phone, Internet, Car, Gas and money budgeted for car repairs so you have some set aside when things go wrong with the car, so you won't have to go into debt to fix the car.
So get in with someone and get out of debt before you go into a home. Then when you think of buying a home, you can't say becuas eyou can afford rent, you can afford a home. You have to add into monthly expenses once you own a home. Money for repairs that always need done. Money each month to pay your taxes on the home each year. Renters normally do not have to have insurance, so you'll need to add in home owners insurance. You'll need to add in yard care, water, buying a mower and other yard care tools. You'll have the added bill of sewer and garbage, water, etc. All these you should consider that in addiction to the house payment, you'll be spending about 400.00 more each month, at least, for the added expenses of owning a home. That 400.00 is on the low end, most when they add up all the expenses, average out between 800.00 and 1,200 more per month. You do not want to wait until taxes come due each year and wonder where the money is going to come from. Also, taxes usually increase each year.
Good luck. Get out of debt, then really look at every bill you'll have once you own a home. Do not get an adjustable rate, get a fixed, that way you are not going up and down with the market. Make sure you can take care of all necessary expenses, including food and personal necessities on just one income. If you can't, consider saving at least 1/4 of what you'd pay on a home, so that when hard times come, you an still pay the house payment.
Take care and I hope it all works out for the two of you.
So you wantr to GET A LOAN TO PAY A DEBT? Isnt that what a loan is? a debt. Depending on the debt, you can send them payments. They will send you a cash pay offer for a lower amount eventually but they will want cash as you said. Just tell them you can pay $xxx monthly. If the debt is a medical. it wont count a lot on your home loan unless it is a large amount.
Remortage bad credit how can i do it?
pls help i need to remortgage and get money out of my house i need 11,000.I have very bad credit and cant even get loans iv missed a few mortgage payments but im up to date now.i want to stay with my mortgage company as im still have a fixed rate till next yearRemortage bad credit how can i do it?
You can use credit repair agency to fix your credit - for example this one - http://creditreport.undonet.com - They can clean lots of bad stuff from your credit report - and do it much faster than yourself, so your credit will go up fast.Remortage bad credit how can i do it?
Not sure. The market is so crappy right now that even people with GOOD credit are having issues. You may have to wait for the market to improve.
But on a positive side... ';where theres a will, theres a way';. There are always loop holes, you just have to find them.
So you have $11,000 in CC debt? I know that sounds like a lot, but there are plenty of ppl out there who have MUCH more than that. The average is $20k, and if its not CC debt, its student loans.
The best thing to do is just pay your credit cards.
Pay more than the minimum balance.
Try to do a balance transfer of a high interest card to a low or 0% interest card.
Pay the high interest cards first to get rid of them
See if you can get a home equity line of credit %26amp; borrow against that if you absolutely have to pay off your CC
You already have $10,000 --- you just need help finding it. Slow down, breathe and relax. Print this article and use it to find the money without stressing. No scam, no money down, just good common sense and self control.
http://www.ehow.com/how_2318991_pay-off-
You can find a remortgage even with that situation. You just need to shop and ask around.
Try Loan-Com.info and search for ';bad credit mortgage';. They have dozens of offers for that kind of thing.
You can use credit repair agency to fix your credit - for example this one - http://creditreport.undonet.com - They can clean lots of bad stuff from your credit report - and do it much faster than yourself, so your credit will go up fast.Remortage bad credit how can i do it?
Not sure. The market is so crappy right now that even people with GOOD credit are having issues. You may have to wait for the market to improve.
But on a positive side... ';where theres a will, theres a way';. There are always loop holes, you just have to find them.
So you have $11,000 in CC debt? I know that sounds like a lot, but there are plenty of ppl out there who have MUCH more than that. The average is $20k, and if its not CC debt, its student loans.
The best thing to do is just pay your credit cards.
Pay more than the minimum balance.
Try to do a balance transfer of a high interest card to a low or 0% interest card.
Pay the high interest cards first to get rid of them
See if you can get a home equity line of credit %26amp; borrow against that if you absolutely have to pay off your CC
You already have $10,000 --- you just need help finding it. Slow down, breathe and relax. Print this article and use it to find the money without stressing. No scam, no money down, just good common sense and self control.
http://www.ehow.com/how_2318991_pay-off-
You can find a remortgage even with that situation. You just need to shop and ask around.
Try Loan-Com.info and search for ';bad credit mortgage';. They have dozens of offers for that kind of thing.
How can I fix bad credit fast?
Just to give everyone a quick synopsis of my situation, my mother opened some cards in my name and maxed them out (without me knowing), I have almost $40,000 in student loans and a $7000 hospital bill on my credit due to no insurance. I have paid one of the credit cards off, but still have two on my credit and am working on taking care of the other crap that's on my credit report. I am 23 years old now and am trying to take care of this early in my life so that I can get loans for a car, house, credit card, etc. I asked about this one Yahoo!Answers about 6 months ago and someone suggested that I get someone that is very good with there credit to add me as an authorized user. My question is if this person has more than one card and has very good credit and pays on time every month, would it help if I ask them to add me as an authorized user to more than one of their cards? I am trying to get my credit up as fast as possible and I know it will take some time but I can't get a credit card, loan, or anything (not to mention the economy makes it even harder). Also, how much does it hurt my credit when I apply for some loan or credit card and they run a credit check? Thanks for all of the help and advice!How can I fix bad credit fast?
小redit repair work械d fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - credit-report-free.totalh.comHow can I fix bad credit fast?
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I would be very upset with mom. She used you to her advantage.
1. Request all documents on the accounts that your mom supposedly opened.
2. Review those documents for forged signatures.
3. Here's the hard part. File criminal charges against mom. She committed fraud and identity theft.
Otherwise, you're stuck with the debts and poor credit until they are paid off (in about 40 years).
If you can find someone stupid enough to add you as an authorized user, good luck. I would never add anyone to my account as an authorized user (except my wife). Not even my kids. As an authorized user (NOT a co-owner), your credit will not be impacted nor will the debt show on your reports. So, it won't help your credit one iota. I have two church credit cards and neither appear on my credit reports as I am an authorized user of the accounts.
Every time you initiate a credit check via loan application, your profile takes about a 10 pt hit. Individually, not much. But put 5 of them close together in a month and you've go a 50 pt hit.
Every time someone runs your credit in response to a credit application it dings your score a few points. But scores generally rebound quickly, provided you not applying for multiple credit lines in short periods. Then it takes a bigger bite. However, based on all the negatives on your credit report, the dings from credit checks is the least of your worries.
You were misinformed about the authorized user accounts. FICO changed how authorized user accounts are calculated in scores over a year ago. Authorize user accounts only count for spouses and children. This was specifically changed to stop folks with excellent credit 'piggybacking' folks with poor credit for a fee.
Obviously, you decided to not prosecute your mother for the ID theft and are now stuck with paying those bills. If those credit cards are in default, paying them off won't improve your score at all. The damage is done and will remain for the balance of the 7 year reporting period.
Hopefully, those student loans are not in default. That is what you should concentrate on. Make sure those payments are on time. If you are in default, check to see if there's a program to rehab the loan.
Second, deal with that hospital bill. Depending on how old it is, you might be able to settle for 25%to 50% and get a pay for delete agreement -- you pay and they delete the item from your credit report. Lump sum gets the best deal. Payment plans must be short term. Get any settlement agreement in writing and do not give the collector direct access to your bank account.
The last thing to deal with would be those credit cards. Once again, you may be able to settle for 25% in a lump sum if the accounts are in collections.
Have your tried getting a secured credit card -- you pay a deposit which is held as collateral against the line of credit? Check with your bank. Start small -- $200 -- $300. Use the card and pay in full every month. In about a year, you should be able to convert to a regular credit card.
You really need at least 24 months of consistent, on time payment history to improve your score. It will take years to rebuild your credit. Don't even think about buying a house till all that debt is resolved.
Looking this mess over... I only see one way out of it:
File Bankruptcy on your unsecured debt and wipe the slate clean.
You said that one of the cards is paid off...yet you claim that you don't have a credit card.
The only explanation I have is that this account was closed by the lender because of delinquency (nobody making payments on time).
You are obviously not willing to prosecute your mother for the identity theft and a bankruptcy does not affect student loans at all. You will not be able to discharge the student loans in BK.
Paying off delinquent or charged off accounts has little effect on your credit score. most of the time it prolongs the misery because as long as you make payments the account is considered active and the Statute of limitation does not start. You can spend the next 3 years paying off the accounts and then look at them for another 7 1/2 years on your credit report. At which point they finally drop off.
The remaining two card balances and your hospital bills could be wiped out if you qualify.
Otherwise... you will have to pay them off first and then try to establish credit again.
You are looking on spending the next 10 years on fixing this mess.
You can do it the hard way... by paying off the credit card accounts, the hospital bill and your student loans... or... you can do it the other way. File bankruptcy on the credit cards and hospital bills and have more money available to pay off your student loans.
Either way your credit will be shot for up to 10 years.
There is never any quick fix when it comes credit. It takes time and then it is always important to maintain it, thereafter. I used this company called the Credit Clean-up Crew and they were very professional in helping me with credit issues and also I only paid $799 total. The contract was six months long and I only paid $199 upfront. My EQ went from 503 to 718 EX 498 to 703 %26amp; TU 512 to 653
it was well worth it.
1. Having someone add you will do nothing to your score. It is their account, in their name. Your just a signature. I found this out when I tried to add my mother to my account to build her score.
#2. As harsh as this may sound, you might need to sue your mother and/or press charges against her for identity theft. She stole a massive amount of money from you without your knowledge (which is why they call it stealing). I'm not sure what your relationship is with her- and if you're willing to eat this debt she racked up to preserve your relationship (however that is) with her, thats your choice.
#3. You probably want to approach your bank first, before applying for loans etc. Sit down and talk to someone. Be clear that you just want information, BEFORE anyone goes and checks your credit. Most of the time, people can tell you if you'll be given a loan or not. If they say no, don't bother trying. You'll just damage your score. Chances are they might have some advice for you too.
On a side note, I have heard that each inquiry damages it about 5 points, although thats heresay so I can't be certain.
Have you tried to get a Loan from your Local Financial Institution and
you were not granted one due to your poor credit?
Have you tried to Expand your Business but Finance seem to be a set back for you?
Do you want to go for a Holiday Abroad and Finance Seem to Hinder your
plans?
What is Actually your problem?
Smithloanfirm is the ANSWER to
your worries. Whatever that is bordering you, contact us on
Smithloanfirm23@gmail.com for more inquiry. we give out loan with 3%
interest rate and our service is fast.
Contact us today and get your long desired loan
Thanks
Contact us today via our e- mail at smithloanfirm23@gmail.com
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I would be very upset with mom. She used you to her advantage.
1. Request all documents on the accounts that your mom supposedly opened.
2. Review those documents for forged signatures.
3. Here's the hard part. File criminal charges against mom. She committed fraud and identity theft.
Otherwise, you're stuck with the debts and poor credit until they are paid off (in about 40 years).
If you can find someone stupid enough to add you as an authorized user, good luck. I would never add anyone to my account as an authorized user (except my wife). Not even my kids. As an authorized user (NOT a co-owner), your credit will not be impacted nor will the debt show on your reports. So, it won't help your credit one iota. I have two church credit cards and neither appear on my credit reports as I am an authorized user of the accounts.
Every time you initiate a credit check via loan application, your profile takes about a 10 pt hit. Individually, not much. But put 5 of them close together in a month and you've go a 50 pt hit.
Every time someone runs your credit in response to a credit application it dings your score a few points. But scores generally rebound quickly, provided you not applying for multiple credit lines in short periods. Then it takes a bigger bite. However, based on all the negatives on your credit report, the dings from credit checks is the least of your worries.
You were misinformed about the authorized user accounts. FICO changed how authorized user accounts are calculated in scores over a year ago. Authorize user accounts only count for spouses and children. This was specifically changed to stop folks with excellent credit 'piggybacking' folks with poor credit for a fee.
Obviously, you decided to not prosecute your mother for the ID theft and are now stuck with paying those bills. If those credit cards are in default, paying them off won't improve your score at all. The damage is done and will remain for the balance of the 7 year reporting period.
Hopefully, those student loans are not in default. That is what you should concentrate on. Make sure those payments are on time. If you are in default, check to see if there's a program to rehab the loan.
Second, deal with that hospital bill. Depending on how old it is, you might be able to settle for 25%to 50% and get a pay for delete agreement -- you pay and they delete the item from your credit report. Lump sum gets the best deal. Payment plans must be short term. Get any settlement agreement in writing and do not give the collector direct access to your bank account.
The last thing to deal with would be those credit cards. Once again, you may be able to settle for 25% in a lump sum if the accounts are in collections.
Have your tried getting a secured credit card -- you pay a deposit which is held as collateral against the line of credit? Check with your bank. Start small -- $200 -- $300. Use the card and pay in full every month. In about a year, you should be able to convert to a regular credit card.
You really need at least 24 months of consistent, on time payment history to improve your score. It will take years to rebuild your credit. Don't even think about buying a house till all that debt is resolved.
Looking this mess over... I only see one way out of it:
File Bankruptcy on your unsecured debt and wipe the slate clean.
You said that one of the cards is paid off...yet you claim that you don't have a credit card.
The only explanation I have is that this account was closed by the lender because of delinquency (nobody making payments on time).
You are obviously not willing to prosecute your mother for the identity theft and a bankruptcy does not affect student loans at all. You will not be able to discharge the student loans in BK.
Paying off delinquent or charged off accounts has little effect on your credit score. most of the time it prolongs the misery because as long as you make payments the account is considered active and the Statute of limitation does not start. You can spend the next 3 years paying off the accounts and then look at them for another 7 1/2 years on your credit report. At which point they finally drop off.
The remaining two card balances and your hospital bills could be wiped out if you qualify.
Otherwise... you will have to pay them off first and then try to establish credit again.
You are looking on spending the next 10 years on fixing this mess.
You can do it the hard way... by paying off the credit card accounts, the hospital bill and your student loans... or... you can do it the other way. File bankruptcy on the credit cards and hospital bills and have more money available to pay off your student loans.
Either way your credit will be shot for up to 10 years.
There is never any quick fix when it comes credit. It takes time and then it is always important to maintain it, thereafter. I used this company called the Credit Clean-up Crew and they were very professional in helping me with credit issues and also I only paid $799 total. The contract was six months long and I only paid $199 upfront. My EQ went from 503 to 718 EX 498 to 703 %26amp; TU 512 to 653
it was well worth it.
1. Having someone add you will do nothing to your score. It is their account, in their name. Your just a signature. I found this out when I tried to add my mother to my account to build her score.
#2. As harsh as this may sound, you might need to sue your mother and/or press charges against her for identity theft. She stole a massive amount of money from you without your knowledge (which is why they call it stealing). I'm not sure what your relationship is with her- and if you're willing to eat this debt she racked up to preserve your relationship (however that is) with her, thats your choice.
#3. You probably want to approach your bank first, before applying for loans etc. Sit down and talk to someone. Be clear that you just want information, BEFORE anyone goes and checks your credit. Most of the time, people can tell you if you'll be given a loan or not. If they say no, don't bother trying. You'll just damage your score. Chances are they might have some advice for you too.
On a side note, I have heard that each inquiry damages it about 5 points, although thats heresay so I can't be certain.
Have you tried to get a Loan from your Local Financial Institution and
you were not granted one due to your poor credit?
Have you tried to Expand your Business but Finance seem to be a set back for you?
Do you want to go for a Holiday Abroad and Finance Seem to Hinder your
plans?
What is Actually your problem?
Smithloanfirm is the ANSWER to
your worries. Whatever that is bordering you, contact us on
Smithloanfirm23@gmail.com for more inquiry. we give out loan with 3%
interest rate and our service is fast.
Contact us today and get your long desired loan
Thanks
Contact us today via our e- mail at smithloanfirm23@gmail.com
Getting pre approved for a mortgage loan with BAD credit?
Im trying to buy a house and I know which house I want. I tried to get pre approved and they told me that I needed to pay off my bills first....(im using sony mae mortgage loaning) and I just want to know why or how I cant get the house without paying off my bills first. I know theres a way and I really want the house!Getting pre approved for a mortgage loan with BAD credit?
Hello Dear,
I saw your question and I decided to inform you on how i got my loan credit from Ultimate Lenders. I am Mrs. Rose Smart, six months ago my only son took ill, he was
diagnosed of a heart disease, i was told by the insurance company, that
my insurance won't cover my sons medical care.
As a mother, i was devastated, owing to the fact that i just lost
my husband a few years ago, so i started looking for money, because my
job was not paying enough to cover my son's bill, i looked for help from
family and friends but there was non coming, i went to the bank and
was told that, they could not grant me a loan, because i had no
collateral.
Finally, just as i gave up hope on lenders on the Net because of
scams, i met a lady chaitu from China who told me of Mr. Frank Smith, i
tried him and he gave a loan for $80,000usd, today my baby boy is doing
well, i am not telling you this for you to feel sorry for me, rather i
am telling you so that you can help me thank him and if you are ever in
need of a loan you can contact him via e-mail:ultimate.lenders@yahoo.com
Thanks for reading my testimony, and God bless all the good people.
Best regards,
Mrs. RoseGetting pre approved for a mortgage loan with BAD credit?
Hello Dear,
I saw your question and I decided to inform you on how i got my loan credit from Ultimate Lenders. I am Mrs. Rose Smart, six months ago my only son took ill, he was
diagnosed of a heart disease, i was told by the insurance company, that
my insurance won't cover my sons medical care.
As a mother, i was devastated, owing to the fact that i just lost
my husband a few years ago, so i started looking for money, because my
job was not paying enough to cover my son's bill, i looked for help from
family and friends but there was non coming, i went to the bank and
was told that, they could not grant me a loan, because i had no
collateral.
Finally, just as i gave up hope on lenders on the Net because of
scams, i met a lady chaitu from China who told me of Mr. Frank Smith, i
tried him and he gave a loan for $80,000usd, today my baby boy is doing
well, i am not telling you this for you to feel sorry for me, rather i
am telling you so that you can help me thank him and if you are ever in
need of a loan you can contact him via e-mail:ultimate.lenders@yahoo.com
Thanks for reading my testimony, and God bless all the good people.
Best regards,
Mrs. Rose
You have bad credit because either (1) you have too much debt, or (2) you have a history of not paying your bills on time.
In either case, why would you expect someone to loan you $150,000, knowing you were in that situation?
Sounds like you have too much debt. Unless you get a co-borrower to apply with you, I think you will have to pay down your debt. Good luck.
BAD credit? no mortgage loan. won't happen. creditors look hard @ yer credit %26amp; want 2 know how much of a risk u r. if u have BAD credit they'll deny u a loan. mortgages r VERY long term, %26amp; u MUST B VERY $$$ stable 2 afford it.a mortgage is the hardest loan 2 get
u have bad credit try an fha loan credit score required 620
Hello Dear,
I saw your question and I decided to inform you on how i got my loan credit from Ultimate Lenders. I am Mrs. Rose Smart, six months ago my only son took ill, he was
diagnosed of a heart disease, i was told by the insurance company, that
my insurance won't cover my sons medical care.
As a mother, i was devastated, owing to the fact that i just lost
my husband a few years ago, so i started looking for money, because my
job was not paying enough to cover my son's bill, i looked for help from
family and friends but there was non coming, i went to the bank and
was told that, they could not grant me a loan, because i had no
collateral.
Finally, just as i gave up hope on lenders on the Net because of
scams, i met a lady chaitu from China who told me of Mr. Frank Smith, i
tried him and he gave a loan for $80,000usd, today my baby boy is doing
well, i am not telling you this for you to feel sorry for me, rather i
am telling you so that you can help me thank him and if you are ever in
need of a loan you can contact him via e-mail:ultimate.lenders@yahoo.com
Thanks for reading my testimony, and God bless all the good people.
Best regards,
Mrs. RoseGetting pre approved for a mortgage loan with BAD credit?
Hello Dear,
I saw your question and I decided to inform you on how i got my loan credit from Ultimate Lenders. I am Mrs. Rose Smart, six months ago my only son took ill, he was
diagnosed of a heart disease, i was told by the insurance company, that
my insurance won't cover my sons medical care.
As a mother, i was devastated, owing to the fact that i just lost
my husband a few years ago, so i started looking for money, because my
job was not paying enough to cover my son's bill, i looked for help from
family and friends but there was non coming, i went to the bank and
was told that, they could not grant me a loan, because i had no
collateral.
Finally, just as i gave up hope on lenders on the Net because of
scams, i met a lady chaitu from China who told me of Mr. Frank Smith, i
tried him and he gave a loan for $80,000usd, today my baby boy is doing
well, i am not telling you this for you to feel sorry for me, rather i
am telling you so that you can help me thank him and if you are ever in
need of a loan you can contact him via e-mail:ultimate.lenders@yahoo.com
Thanks for reading my testimony, and God bless all the good people.
Best regards,
Mrs. Rose
You have bad credit because either (1) you have too much debt, or (2) you have a history of not paying your bills on time.
In either case, why would you expect someone to loan you $150,000, knowing you were in that situation?
Sounds like you have too much debt. Unless you get a co-borrower to apply with you, I think you will have to pay down your debt. Good luck.
BAD credit? no mortgage loan. won't happen. creditors look hard @ yer credit %26amp; want 2 know how much of a risk u r. if u have BAD credit they'll deny u a loan. mortgages r VERY long term, %26amp; u MUST B VERY $$$ stable 2 afford it.a mortgage is the hardest loan 2 get
u have bad credit try an fha loan credit score required 620
How do I get a house to flip with no money or horrible credit?
How do I find an investor or get a loan on a home I am going to flip with the worst credit in the world and no money what so ever? With the drop in economy I lost everything and want to start flipping but have no idea where to start as far as loans etc.How do I get a house to flip with no money or horrible credit?
Horrible credit = no house right now. Find someone that could have the means to buy a flip home.How do I get a house to flip with no money or horrible credit?
Home loans are now available to many people for whom they would have been out of the question just a few years ago. You檇 be in much better shape to bargain for better interest rates if you had a more impressive credit history, but if the house you want is the deal you%26lt;!--believe it to be, a bad credit home loan can still work to your advantage.Your best bet in assuming a bad credit home loan is to pay as much cash up front as possible, and see if by doing so you can negotiate a lower interest rate.
http://best-loans.awardspace.com/homeloans.htm
http://mortgage-loans.awardspace.com/
Youl save enough money over the term of the loan to compensate for the sacrifices you had to make in handing over the down payment.
The bad credit home loan can be a win-win proposition for both lenders and borrowers; the lenders, thanks to the higher--%26gt;interest rates, get bigger returns on the money loaned, and the borrowers get a homes in which to build equity, and chances to restore their credit records so that the first bad credit home loans they take will also be the last!
Horrible credit = no house right now. Find someone that could have the means to buy a flip home.How do I get a house to flip with no money or horrible credit?
Home loans are now available to many people for whom they would have been out of the question just a few years ago. You檇 be in much better shape to bargain for better interest rates if you had a more impressive credit history, but if the house you want is the deal you%26lt;!--believe it to be, a bad credit home loan can still work to your advantage.Your best bet in assuming a bad credit home loan is to pay as much cash up front as possible, and see if by doing so you can negotiate a lower interest rate.
http://best-loans.awardspace.com/homeloans.htm
http://mortgage-loans.awardspace.com/
Youl save enough money over the term of the loan to compensate for the sacrifices you had to make in handing over the down payment.
The bad credit home loan can be a win-win proposition for both lenders and borrowers; the lenders, thanks to the higher--%26gt;interest rates, get bigger returns on the money loaned, and the borrowers get a homes in which to build equity, and chances to restore their credit records so that the first bad credit home loans they take will also be the last!
How can you buy a decent car with bad credit- without being taken to the cleaners on interest?
(sorry this is so long) My husband lost his jobs 2 years ago. Since then he's started a new job- and we are getting back on track. Unfortunetly we got SO behind in those 6 months without him working (I was having a difficult pregnancy and couldn't work)that we ended up losing our house and car due to bankruptcy. Our car we were driving died 4 weeks to the day after the warranty expired (it only had 59,000 miles on it and it was going to cost over $3000 to fix the engine)- so we just kind of gave up on it and surrendered it (and that was after paying on it for a year while it was dead)Anyway- we are now driving 2 late 1980's cars and they are dying pretty quick- we need to get something that we can drive across town with the children and not worry about them starting on fire (which did happen to me) or breaking down. I refuse to get a car with a huge interest rate just because we had a couple of rough years. I think we've paid and suffered enough...any ideas?How can you buy a decent car with bad credit- without being taken to the cleaners on interest?
Credit has always been an important factor when buying a car but there are more and more lenders now have special finance program for customer who has less than perfect credit.
Due to the slow market, most car dealers will work extra hard to get you approved as long as you have job.
We would suggest you to shop on the interest rates first before selecting a vehicle, here are some good lenders who can help you through the process:
https://www.harborcredit.com/partners/Au
http://www.capitaloneautofinance.com/PubHow can you buy a decent car with bad credit- without being taken to the cleaners on interest?
Save up until you can buy a decent car outright without borrowing. It saves you a lot of money and puts you in control, rather than some paper-pushing accountant. There are a lot of cars out there from the '60's and '70's that will keep going strong for another 20 years and can be picked up cheap.
You prolly cant. They look for any reason to increase your interest...bad credit means you might skip out on payments...like you did before. Friends or family members might be looking to sell. They may be more flexible on your payments.
You may be able to borrow against your home...but it doesnt sound like you would have been in it for long. =\
your only chance is with a credit union most credit unions will except you if you have family that are members credit unions have a little more flexibility than banks or you need a cosignor the do not finance older cars they break down and you do not want to fix a car and pay note.messenger connection web hosting servers
Credit has always been an important factor when buying a car but there are more and more lenders now have special finance program for customer who has less than perfect credit.
Due to the slow market, most car dealers will work extra hard to get you approved as long as you have job.
We would suggest you to shop on the interest rates first before selecting a vehicle, here are some good lenders who can help you through the process:
https://www.harborcredit.com/partners/Au
http://www.capitaloneautofinance.com/PubHow can you buy a decent car with bad credit- without being taken to the cleaners on interest?
Save up until you can buy a decent car outright without borrowing. It saves you a lot of money and puts you in control, rather than some paper-pushing accountant. There are a lot of cars out there from the '60's and '70's that will keep going strong for another 20 years and can be picked up cheap.
You prolly cant. They look for any reason to increase your interest...bad credit means you might skip out on payments...like you did before. Friends or family members might be looking to sell. They may be more flexible on your payments.
You may be able to borrow against your home...but it doesnt sound like you would have been in it for long. =\
your only chance is with a credit union most credit unions will except you if you have family that are members credit unions have a little more flexibility than banks or you need a cosignor the do not finance older cars they break down and you do not want to fix a car and pay note.
How do i get a loan with bad credit?
we paid off most of my husbands collection accounts and want to buy a house and we need to build our credit fast. we bought a car last year and did an in house finance and they dont report it on our credit. which we have been on time every month. how can we build our credit fast? and how do we get a loan with low credit scores?How do i get a loan with bad credit?
Check it out here. It檚 an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://best-online-loans.info/
http://loan--house.blogspot.com/2008/03/
Good Luck...How do i get a loan with bad credit?
You cannot build credit fast. The only direction in which credit can go fast is down. The only way in which to build credit is to try to build it slowly, without trying to build it fast.
You do not get a loan with low credit scores. If you have low credit scores, then you do not get a loan until you have built your credit slowly.
Applying for a loan while you still have bad credit will make your credit worse.
Trying to build it fast will not help, and might make it worse. The only way to build it is to try to build it slowly.
Pay your car monthly repayment in time. If your incomes meets the banks mortgage requirements you can.
credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.
Most lenders would willingly give a loan to someone with bad credit who has a job or collateral because
they can charge you a much higher interest rate than someone with good credit and if you did default then they could
take any collateral you pledged.
for loan quotes
https://www.loansandinsurances.com/
credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.
To build your credit make sure you make all payments on time for your accounts that report to the credit agencies. Try to get your debt ratio down. If you do not have anything being reported to the agencies open a credit card with a low limit then buy only gas with it then pay it in full every month (this helped me). Try FHA loans more than likely you will have someone that will give you a loan if your credit score is over 600. Good luck %26amp; happy house hunting.
Check it out here. It檚 an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://best-online-loans.info/
http://loan--house.blogspot.com/2008/03/
Good Luck...How do i get a loan with bad credit?
You cannot build credit fast. The only direction in which credit can go fast is down. The only way in which to build credit is to try to build it slowly, without trying to build it fast.
You do not get a loan with low credit scores. If you have low credit scores, then you do not get a loan until you have built your credit slowly.
Applying for a loan while you still have bad credit will make your credit worse.
Trying to build it fast will not help, and might make it worse. The only way to build it is to try to build it slowly.
Pay your car monthly repayment in time. If your incomes meets the banks mortgage requirements you can.
credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.
Most lenders would willingly give a loan to someone with bad credit who has a job or collateral because
they can charge you a much higher interest rate than someone with good credit and if you did default then they could
take any collateral you pledged.
for loan quotes
https://www.loansandinsurances.com/
credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.
To build your credit make sure you make all payments on time for your accounts that report to the credit agencies. Try to get your debt ratio down. If you do not have anything being reported to the agencies open a credit card with a low limit then buy only gas with it then pay it in full every month (this helped me). Try FHA loans more than likely you will have someone that will give you a loan if your credit score is over 600. Good luck %26amp; happy house hunting.
My boyfriend has bad credit, will his credit go up if I put him on a card with me? (It didnt ask for his SS#)?
His credit score is in the 500's. He called the company's to clear the late payments, will that help? and how long till we see numbers go up. We really want to get a house, my credit is 742, will we be able to get a decent loan with just me, in good credit?My boyfriend has bad credit, will his credit go up if I put him on a card with me? (It didnt ask for his SS#)?
You have an excellent credit score, and you are advised to KEEP it that way by not involving your boyfriend in any financial transactions with your name. Do NOT co-sign any loans for him, and do NOT take out a mortage in both your names.
All you need to do is read the assorted question in this forum about such transactions which have gone sour and have ruined the good credit scores of folks like YOU.My boyfriend has bad credit, will his credit go up if I put him on a card with me? (It didnt ask for his SS#)?
No, him being an authorized user will not help him at all. It could hurt him if you defaulted but it can't help him. Not like you would default though considering you have been pretty responsible.
He needs to get any deals he makes with creditor's in writing.
Depending on your financial situation it may just be better to get a loan in your name only. I also would not put him on the deed, because even if he helps out, you have done him a favor with the great mortgage rate.
I hope that he is a long time boy friend that you plan to stay with for much more time. I hope that you really know him well, not just think that you know him.
Love has a way of making all of us do unwise things sometimes, and It is possible that he could use your card and run it up really high. He could possibly end up doing that and then skip out , thus destroying your credit.
I would advise you to wait until you are married before you put him on any card.
No, he will just be the authorized user (meaning he can use the card, make payments, and maybe make inquiries to the lender) on the card you get with him.
Though he cleared his payment history, it will not reflect any changes on his credit for a little while depending how late the payments are made.
** late payments are reflected on your credit score as following (30,60,90+) until that account is cleared from history (7yrs)
I would reccommend buying the house yourself. Your credit score is exceptional (especially for current market). You may actually get worse offers applying with him.
Its either you wait about 2-4yrs for his score to increase or buy a house yourself.
You have a great credit score. Do not try and clean up HIS mess. That's his job.
You will be able to get a home loan with that credit score at a very good rate, provided your debt-to-income ratio is not out of whack. If you do have debt, I recommend cleaning it up BEFORE buying the house.
And like the other poster said - do NOT cosign a loan/card or anything for anyone.
Also - you may want to check out this website: http://www.daveramsey.com
No. In the past, this would have made a difference, but then some people found a way to scam the system by selling ';authorized user'; slots for cash, but not actually giving the person a card. FICO caught on to this and has changed their formulas to ignore authorized users.
I agree with Txdavid. Don't do this.
I would keep your credit separate as long as possible. You may want to reconsider a house payment with him. His credit shows that he is unreliable in making timely payments. I have seen bad credit pull down good credit many times. Getting into joint debt with him could be hard on your credit and finances especially if he jumps ship and leaves you holding the mortgage. His credit history proves that he wouldn't worry about not making the payment. At least that is how the bank and loan officer is going to look at it. It also takes months sometimes years to get a bad score to rebound.
If you are both on a loan odds are your rate will be a lot higher than if you are just taking out a loan individually. You may not even qualify with him as a co-borrower. I would ask that you take a serious look at the entire picture and not rush in to a mortgage with the current credit situation with the boyfriend. It will cost you thousands more in interest at minimum. Wait until his credit does rebound and he has some payment history. Good Luck.
Nationwide credit repair company: $500 Good for one full year of service. See informative video, faq page and sign up today at http://www.credit-report-repair.us
Bad credit is one of the worst problems to have... however there exists a solution. I will hereby talk from my personal experience. I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details, if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times,
I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is astraight to the point ebook with question and answer I found : http://www.counselingcreditcarddebt.com
You have an excellent credit score, and you are advised to KEEP it that way by not involving your boyfriend in any financial transactions with your name. Do NOT co-sign any loans for him, and do NOT take out a mortage in both your names.
All you need to do is read the assorted question in this forum about such transactions which have gone sour and have ruined the good credit scores of folks like YOU.My boyfriend has bad credit, will his credit go up if I put him on a card with me? (It didnt ask for his SS#)?
No, him being an authorized user will not help him at all. It could hurt him if you defaulted but it can't help him. Not like you would default though considering you have been pretty responsible.
He needs to get any deals he makes with creditor's in writing.
Depending on your financial situation it may just be better to get a loan in your name only. I also would not put him on the deed, because even if he helps out, you have done him a favor with the great mortgage rate.
I hope that he is a long time boy friend that you plan to stay with for much more time. I hope that you really know him well, not just think that you know him.
Love has a way of making all of us do unwise things sometimes, and It is possible that he could use your card and run it up really high. He could possibly end up doing that and then skip out , thus destroying your credit.
I would advise you to wait until you are married before you put him on any card.
No, he will just be the authorized user (meaning he can use the card, make payments, and maybe make inquiries to the lender) on the card you get with him.
Though he cleared his payment history, it will not reflect any changes on his credit for a little while depending how late the payments are made.
** late payments are reflected on your credit score as following (30,60,90+) until that account is cleared from history (7yrs)
I would reccommend buying the house yourself. Your credit score is exceptional (especially for current market). You may actually get worse offers applying with him.
Its either you wait about 2-4yrs for his score to increase or buy a house yourself.
You have a great credit score. Do not try and clean up HIS mess. That's his job.
You will be able to get a home loan with that credit score at a very good rate, provided your debt-to-income ratio is not out of whack. If you do have debt, I recommend cleaning it up BEFORE buying the house.
And like the other poster said - do NOT cosign a loan/card or anything for anyone.
Also - you may want to check out this website: http://www.daveramsey.com
No. In the past, this would have made a difference, but then some people found a way to scam the system by selling ';authorized user'; slots for cash, but not actually giving the person a card. FICO caught on to this and has changed their formulas to ignore authorized users.
I agree with Txdavid. Don't do this.
I would keep your credit separate as long as possible. You may want to reconsider a house payment with him. His credit shows that he is unreliable in making timely payments. I have seen bad credit pull down good credit many times. Getting into joint debt with him could be hard on your credit and finances especially if he jumps ship and leaves you holding the mortgage. His credit history proves that he wouldn't worry about not making the payment. At least that is how the bank and loan officer is going to look at it. It also takes months sometimes years to get a bad score to rebound.
If you are both on a loan odds are your rate will be a lot higher than if you are just taking out a loan individually. You may not even qualify with him as a co-borrower. I would ask that you take a serious look at the entire picture and not rush in to a mortgage with the current credit situation with the boyfriend. It will cost you thousands more in interest at minimum. Wait until his credit does rebound and he has some payment history. Good Luck.
Nationwide credit repair company: $500 Good for one full year of service. See informative video, faq page and sign up today at http://www.credit-report-repair.us
Bad credit is one of the worst problems to have... however there exists a solution. I will hereby talk from my personal experience. I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details, if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times,
I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is astraight to the point ebook with question and answer I found : http://www.counselingcreditcarddebt.com
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