 A friend asked me to co-sign for his car loan? |
what are the pros and cons? and is this something i should proceed when i'm interested in buying a new car soon not too mention possible buying a home for the first time???
all your info ... |
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 How can I get out of a $3,000 credit card debit? |
| I have a credit card debit for 3,000 dollars with the interest being at it's all time highest . I canceled my credit card because it seemed to me as if the more I pay the more the interest rate ... |
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 I'm 22 years old and owe about 33,000 in debt, should I file for bankruptcy? |
| I'm currently 22 years old, never been marry, I owed about 23,000 in credit card debt and about 10,000 in collection. Should file for bankruptcy? and how does it affect my credit score in the ... |
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 I AM in USA and a U.K Credit Card Company has issued a CCJ in a Uk County Court,I have heard nothing since.? |
| Former UK Resident,Debts Unsecured and have been in arrears for 3 Years now.I have heard nothing from the Court.... |
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 Paypal is asking for a copy of passport, driving licence and identity card??????????????? |
why is this? and has anyone else had to do this.
Additional Details
I KNOW ITS NOT A SCAN AS ITS ON THEIR SITE ALSO WHEN I LOG ON.... |
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 Is this a scam? |
| i have recently put my car up for sale on two local websites. Today i recieved a call from a person saying they were from a company motor fine and that they loan money to potential buyers of cars and ... |
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 Collections call could it be a scam? |
| Okay, I had a credit card a while ago. To put it simply i went way deliquent. I got ONE letter saying that it was going into collections. I'm aware of this. Now im trying to wait for my stimulus ... |
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 I accidentally signed up for a credit card. what should i do? |
the other day i went to Canadian tire and there was a lady there giving out cards that said you get $10 off gas and i blindly signed up. but as it turns out it was for a credit card!!!!
what ... |
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 If I get a credit card, can I see an online list of my purchases or not? |
| OK, so here's the deal. Say I wanted to get a credit card. Then I would get an online user name or something with, for example, American Express. Then, when I logged into my account, could I ... |
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 Does anybody know where I can apply for a credit card with bad credit? |
Additional Details
i don't have bad credit because of credit cards i have bad credit do to some hospital bills i was unable to pay.... |
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| What happens, when a car is repossesed, if there is a balance owed on the loan? |
| After the car is sold and there is still a balance on the loan, does the bank sue the owner for the difference?... |
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 What the point of having a good credit score? |
I always thought it was just a good idea to stay away from credit cards period. But my friend told me you can't buy a house without good credit and other stuff like that.
What are ... |
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 What does 'take home salary mean?'? |
| My math question says that a woman has a weekly gross salary of $590.20 and a take home salary of $464.90. what does that mean?... |
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 Credit Score!? |
| How much does canceling a credit card lower the credit score?... |
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 In need of a loan? |
| I have been involved in a loan scam which put me behind in my bills now i'm in need of a $3,000 loan that will give me a fresh new start. Does anyone know where I can apply at? I have tried ... |
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 Are you worried about the credit crunch? im 16 and it doesnt seem to be affecting my family directly.? |
it seems over exaggerated by the media, am i wrong?
Additional Details
were not rich...lower to average income. we just know how to SAVE money, unlike some...... |
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its a wonder | How can you buy a house with only a 490 for a credit score, even with 20% down? |
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unclejesse1
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With 20% down there should be a few different options out there. Another angle would be to go through your credit report and see if there are any things you can do quick to get your score going the other direction.
If you are in Wisconsin, Minnesota or Florida I can help you. |
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maci224
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look for a really ugly house |
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Paula M
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Sub prime lenders would love you!! These are ugly, ugly mortgages, but it will be your only choice. |
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RE Investor
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You can buy a house with NO money down regardless of your score or financial history (obviously your options are limited by having a low score however, you still have options)!
I have personally bought over 27 properties with no money out of pocket and have even taken away over $50K at the closing table. You will need to find out how much you CAN borrow and/or find a flexible seller. In the interim, clean up your credit (get a copy and change what is wrong, and even have your good creditors report that you have paid well). I am an active real estate investor/ rehabber/ wholesaler and I have had my own mortgage company.
An excellent program to get is Carleton Sheets "No Money Down" Program, which is where I started and am amazed that I am still on his infomercial after 7 years!!! He has a special right now of $9.95 to try the course. I don't work for him. I tell you this because it is where I started as an investor. If it works for investors it will definitely work for a person looking to live in the property vs. rehab and rent or rehab and sell. Owner occupied financing is must easier to get than non-owner occupied. Feel free to contact me if I can help. |
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deathnight126
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It depends on what kind of insurance you have, so good luck!! |
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Sujit B
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It is very easy. find a property whose owner is willing to hold the mortgage for you. |
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Me
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We are going through the same deal, well our credit is not that low, but with 20% try going FHA. I don't know the details, but with that much down it shouldn't be too hard. Just gotta have long job history and other positive factors and explanations to why your accounts have went bad or the lack of credit, which ever is your case. |
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xburster
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You need a large downpayment on the house, if you can't you need to improve your credit score, or have a cosigner with good credit. |
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lissa7903
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You probbly will not be abl;e to, but I would look for a land contract or a lease to own, even with your credit bad, if you are able to show 12 months of perfect on time payments ( create a paper trail) you will then be able to get a mortgage. Try metro Finance, they do no credit score mortgages as long as you show a good payment history for 12 months
Hope this helps good luck |
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Mama Pastafarian
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With a credit score of only 490, you are a high risk for any lender. It's doubtful that you will be able to get a mortgage. You need to spend a year or two getting your credit score higher before you try for a mortgage. And, until you get your score up to the mid-600's, you'll be paying a super high interest rate.
One option open to you, however, is a home on contract or a lease to own option. You make payments to the seller, and they hold the mortgage. You can also try rent-to-own. If you go these routes, make sure you have an attorney review your contract to make sure that you don't get screwed over, and that you understand the terms of the contract. |
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Sâ• â•£ÐZADAAAâ„¢
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Buy the one that you can afford |
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Quietman40
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Yoicks!!! Your interest rate is gonna be INCREDIBLE. Freakin HUUUUUGE!!. :( Sorry my friend, but, you're lookin at a world of hurt. :( |
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Stacy R
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rent to own |
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HEY boo boo
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just hold off prices are dropping they will look for you |
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fasb123r
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You can't! That is why you have to pay your bills on time and that is exactly why its important to ALWAYS pay and pay on time and build good credit history. If that is you in this situation, don't you feel stupid for not listening to all these collectors, when they were calling you to try to get their money and kept telling you that this will hurt your credit and you just kept not paying them? Who is laughing now? |
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umdanddvd
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check the company that i have a link for on my profile
just click on my pic
here is some text from their site
"We have over 80 Little-known Banks & Companies that offer Bad Credit Loans, Bad Credit Home Loans, Bad Credit Auto Loans, and Bad Credit Personal loans to people with Bad Credit or even a Bankruptcy. Many require absolutely NO COLLATERAL & NO CO-SIGNERS. Home ownership is not required." |
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^v^
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Good luck... |
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Nick T
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I feel ya man... it's possible, as it was for me. But the only thing I was able to get was the dreaded two loans... on loan just for the interest, and another for the principal. So you can see how you would get screwed. After that 'talk', I decided to up my credit... just pay your cards and stuff on time for at least 6 months, and you'll see a HUGE jump in your score.. trust me. |
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