 How do i handle this situation, i used my dads credit card through pay-pal ad he found out? |
| I used my Dads credit card through pay pal, and he just found out, in total i think i wasted about $160, but the money was wasted in breaks trying to see if he doesn't notice. For a while it ... |
|
 Any company that provides loans for bad credit? |
| need to find a company that provides loan for people with bad credit.. no down payment ... |
|
 We are trying to buy a home w/ credit score of 557..... Best way to improve credit quick? |
| We plan on putting 40,000 down in a house priced at 165000. We also have an extra 20000 cash. We currently have 3,400 in credit card debt on a 4000 limit. Is it better to pay the debt down, or ... |
|
 How does this happen? |
| Me and my mom had an account with US bank and I was a minor. My mom racked up 982 dollars in debt with them. For some reason they think I owe the money. I was a minor when this happened. they later ... |
|
 Is a 606 credit score good for a beginner? Im new to this whole credit stuff!? |
| Im 19 years old and im just starting to go in this credit thing. i had a credit card now for a year. I had no problems and have been paying my bills on time. But I was shocked that my credit score ... |
|
 What's the best way to pay off 23G's of debt? |
Current APR varies from 23 to 30%, HELP!!!
Additional Details
Current apr varies from 23-30% but I don't want to consolidate b/c the cards will be closed after they have been paid ... |
|
 How many of you live of credit cards?? and what will you do when you are up to your credit limit?? |
england is very much living off credit and is very much in debt with bank loans etc ..i just wondered what every one who has credit cards and lives of them will do when their credit as run out ??
... |
|
| Is it a good idea to start establishing credit as a college student? |
| I am about to be a sophomore in college. I am not a big spender, but every once in a while I'll make a purchase that either requires a credit card or I would rather not pay with check or cash. I ... |
|
 How do you work out 8.5% interest? |
on a debit card/credit card for monthly payments of car insurance?
say the amount is £353.95 how do you work out what 8.5% interest on top would be?
... |
|
 What are the top 5 ways to build or rebuild your Credit score? |
| I've seen a few suggestions on the board, and put a few up myself as answering another person's question, but out of all the techniques out there, what are the 5 or 6 you find most ... |
|
 My mother has alot of debt...? |
| My mother has alot of debt, credit card, medical everything. When she passes away is all that debt going to fall on me? The only debt I have is student loans and I do not need over 200,000 dollars in ... |
|
 What to do,i have two credit cards with id fraud help?? |
| i have two credit cards,mint and capital one,both have been used with out my knowledge or agreement, i only found this out when statements arrived. neither credit card company will freeze the ... |
|
 How do i clear searches on my credit file? |
| i have recieved my credit file for the first time in my life and found no ccj's or anything like that but have found searches from as far back as 2002. nothing on there says iv'e missed a ... |
|
 Is there a type of debt consolidation for payday loans? |
| I've met with a lawyer to start to file for bankruptcy. The two main components of my debt are a car repo, which for some reason I still owe around $6000, and some payday loans, which I owe ... |
|
 Should I take this offer from a collection agency? |
Recently they sent me an offer for a credit card. Here are portions of the letter that I have edited to keep this short.
Midland Credit Management, Inc. has made an arrangement with J... |
|
 Where can i find a good debt consolidation loan? |
| With not so great credit and do not own home for equity.... |
|
 If BOFA put me on Chex systems because a bounced check for $4k, will it show up on my credit report? |
| Someone had deposited a check into my bofa acct. i used the funds, than realized the check bounced. They put me into Chex systems and closed my checking acct? If i try to apply for a loan, will it ... |
|
|  |
toi711 | Does bad credit ruin my chances of obtaing an auto loan? |
i am applying for an auto loan through hbsc and i currently have a low to fair credit score. i also have a credit card that is closed and still unpaid. does this ruin my chances of being accepted for the car loan. Should I pay off my credit card first, or should i start a payment plan??? pleasssse help ASAP |
 |
 
a1_footer
 |
1. No - you will still get the loan in most cases. Unfortunately, you will pay real high rates.
2.You may want to call the credit card company and see if you can pay it off and ask if they will report your debt as never late... sometimes they do this... sometimes they don't. Its certainly worth a try.
3.If the credit card company is not willing to help you then I would consider disputing thier calculation of your bill total. and be dificult and then maybe they will give you what you want. Most times they will give you what you want - I mean they just want to be paid.
4.I would pay in full if they will remove any negative reporting.
5. Make sure your credit report is clean then your loan will be at a better interest rate.
Good luck |
|
SPIFIMAN1
|
Auto finance is what I do for a living and bad credit doe's not ruin your chances of being approved for a loan.
From what you stated H.S.B.C. most likely will turn you down, (they are one of my largest lenders).
Find a dealer that advertises Special Finance and go talk to the Manager, they can help you. |
|
blklacquer
|
well it doesn't help, but if the credit score is not too low, and you have a good debt to income ratio, you may be able to get your loan. HBSC financed my car, my credit isnt excellent, but it isn't ridiculously jacked up either. Good Luck! |
|
life as we know it
 |
Do not use HSBC they are vicious if you get behind they do not hesitate to send you account to collection lawyers and they use the most vicious ones. There are some car dealers that will help you, just cause your score is low dosen't mean you cannot get a car but i would try to pay on your card it can only look better for you. Any time you pay on a credit card it looks better if you let it fall it looks terrible believe me i have had this happen. It can make a drastic change in your score and can make it go up iw ould hold off and pay on you card first or maybe call the creditor and try to get them to settle for a lesser amount on a payment plan, then go check your score you might be suprised. Good Luck |
|
Pepper
|
It could effect you. You can get a loan but with a high interest rate. I had this happen to me and I had a car loan with 18.95 interest. If you can try to pay off as much as you can before you buy a car. I would also try your bank too. Sometimes there rates are better. Talk to your banker about it. They may have some good ideas for you.
Good Luck! |
|
Gary
 |
If you are to obtain a car loan, your interest rate will be a little high. |
|
Lyn K
|
Your unpaid credit card will not help you at all as it will be seen as an 'Unpaid Default' from a lender...
Generally, lenders will accept small paid defaults from telco companies only.
You can try your luck but be aware that your credit score will be affected if you apply to more than 3 lenders in 3 months or 6 lenders in 6 months.
Can you save for a cheap car first and then start a payment arrangement on your unpaid card and apply for your auto loan after your have repaid this card plus then you will be able to trade in the cheap run about?
Just an idea... Best of luck! |
|
morris
|
There are auto dealers that finance anyone , the ones who say "buy here and make payments here". The downside is that they charge you high rates and they overprice the cars they sell. You should pay cash for an old car untill you pay off your debts, or you'll never get ahead. |
|
Brandon
|
It probably won't ruin your chances, but it definitely will hurt your chances. You will probably pay higher interest rates, you may be asked for a higher down payment as well.
There are many different factors that will make a difference. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 21 minutes(s) ago
| | | |
9 | 39 minutes(s) ago
| | | |
10 | 51 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
13 | 8 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| | | |
10 | 5 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
11 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
