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 If I die, will my husband inherit my student loan and credit card debt?

Additional Details
The reason I ask is that we are looking into buying life insurance and wanted to know what each of us would be liable for so that we know how much life insurance we ...


 Will it help my credit score to finance a car and to pay it off immediately?
I am trying to build credit so that my husband and I can get a homeloan. I am used to live within my means and to save until I can afford to buy what I need. I have enough money to buy a car in cash. ...


 How many numbers does a credit card number have?
and can i have some ...


 Can adding a person who has bad credit on my credit card help them improve their credit in the long run?
can adding a person who has bad credit on my credit card help them improve their credit in the long run? do the credit report agency count that?

please reference any sources you may know ...


 Credit Cards??? Please Help...?
Okay so I am trying to get my first credit card... I want to build up good credit considering I currently have NO credit...
My problem is that I have applied for a couple of credit cards and got ...


 How do u actually get a free credit report without using a credit card?
...


 Payday loan advise?
My husband and I defaulted on a payday loan and now the company called us and told us that it was bank fraud. does anyone know if they are just throwing out "big words" at me or are they ...


 How soon after an account has gone into collections were you issued a judgement?
I have an account on my cred. report. Last date of activity was October 2002. It is listed under the collections area of my report - and it is listed as a 'current delinquency'. I get a ...


 Halifax are crap?
my other half had a account with halifax. he used his halifax card to pay aol through direct debit. we was getting a really crap service from aol so we went into the bank and asked one of the guys ...


 A collection agency is demanding payment for a credit card I never had!?
Federal Pacific Credit Company of Utah is demanding payment for a credit card I never had. I wrote to them and asked for verification directly from the "supposed" creditor and they sent me ...


 Am I the only person who makes two payments on their credit card bill in one month?
I've done this once before and only because I have a bit of a balance. Guess I figured if I have the money in my account right now, might as well make another payment on the credit card, before ...


 Can I open a checking account and get a credit card if I'm only 16?
I have a job and everything and I want to but my dad says the legal age to do that is 18. Is that true, or does he just think I'm irresponsible and is just telling me that to prolong me getting ...


 Credit cards, please only answer if you know, how do I shut it off ?>?
Ok, I already have bad credit. I have 2 credit cards and they just keep adding fees like crazy, I will pay them, but what I want to know is can I contact them in any way and document that I will pay ...


 How do you get a credit card with no credit rating?
...


 Can you file chapter 13 twice in a 10 month period?
A family member filed ch 13 last summer to protect from foreclosure they fell behind on payments an now needs to file again is that possible ?...


 I am 19 yrs old and severly in debt.... i need to know how to consolidate and get rid of it?
I have about 4 payday loans out and a credit card that i have never paid for... i also have two kids a car note and rent every month plus the upkeep of my apt and car! i really want help.... i am ...


 Where & How to start to to clean up ALL unpaid bills/debt?
I have some unpaid medical bills,
a few regular unpaid bills
and broken lease.

Maybe about $6,000-$7,000 total or so.
I have been wanting to wanna clean this up for a long ...


 I have bad credit and am low income my mortgage payment is to hogh and i cant get anyone to help lower it help
i talked to my mortgage holder but they jsut said yea right. i feel helpless does anyone have any ...


 Creidt card help!!?
Im looking 4 a credit card. does anybody know a credit card company the approves u no matter ur credit score?...


 What are the causes of bad debts?
...



avi21
Does 580 score from equifax could qualify me to get a home loan?
                     
 




Sherri C
Rating
You probably could, but it would be at an absolutely horrible interest rate and considered subprime. It would depend on what is knocking your credit score down (charge-offs, repossessions, things like that), your debt-to-income ratio, length of employment..lots of factors. I would try to prequalify first to see IF you would possibly qualify and for how much.

Let me give you a bit of friendly advice...watch your credit report like a hawk after you prequalify. There are unscrupulous agencies who will all of a sudden put "phantom debts" on your credit, hoping that you will pay it out of desperation to get it off your credit. We had that happen and successfully sued for damages and FCRA violations. They paid our closing costs for us. :-)

Also, SCH is right about subprime lenders; they do not want your money..they want your house AND your money. Stay away from lenders like Homecomings Financial, Fairbanks, OCWEN, and Countrywide.


SCH
Rating
Most likely until you can get your score over 650 you will only qualify for sub-prime or predatory lendors such as Ms. Moscato. Beware of these lenders as they really don't care what you can afford or what your payments are, they just want to sell you a loan (they get their money when they sell the loan off!)


tygerlily8888
Rating
You will pay really high interest.

See if you can do a lease conversion. Repair your credit and have your rent go toward the payment of the house.

Good luck.


Miss L
LOL!

SCH said it best! See her post above.


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