 How the heck do I get out of debt??!!!? |
| I don't know what to do! Any sugestions would help!... |
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 A debt collector called today about a debt included in a bankruptcy 10 years ago. What do I need to do? |
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 What helps your credit score more? |
| Paying off collections, or opening a new line of credit? I have medical bills in collections ... but qualify for a credit card. Obviously both would help the best, but it will take me a while to ... |
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 Is it possible to talk to my bank and ask for a lower payment in order to avoid foreclosure ?/? |
what are the odds of my bank giving me a lower payment in order to avoid going into default ??
My payments are $3100 per month, MY retirement is only $2000 per month , the money that I ... |
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| Ok so im going to be buying a cell phone (i already have one, but i want a new one). My dad gave me his credit card to do so, as i dont want to use bills to pay for a 300$+ phone, a cc is a whole lot ... |
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 I owe 6000.00 on my American Express Credit card and I dont have a dime to pay on it.? |
| I havent made a payment in 3 months and I dont know what to do because the money is not there to pay it. Please help. I am desperate. They are calling me like crazy and I need to know what is going ... |
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 English grammar problem, pls help.? |
Currently, I am attached to a bank as an credit analyst
or should it be..
Currently, i am attaching to a bank as an credit analyst
which 1 is correct or both of them ... |
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| i really cant pay this debt right now and i always thought they wouldnt sue over such a small amount. but they are threatening to.... |
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| ill allways paid my bank of american visa on time and in advance now there takeing my card is this fare?... |
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 What happens to you, when you quit paying your credit cards?? |
| Hi everyone. Im 19 going on 20, and I have 14 credit cards. For a long time my ex boyfriend was paying the minimums each month and now that we have been broken up for a long time, he no longer ... |
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| I have a couple too many credit cards and I'm having difficulty keeping on top of the bills for them. If I want to cancel a couple of them do I need to have the balance paid off first or can I ... |
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| my mother has open various account under my name and now they are into collections. i dont know what to to becasues i couldnt live with that in my concious all my life......but then on the other ... |
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 I have received a letter address to my name but to the wrong address accusing me of being in debt and taking? |
legal action - the postman has given me it based on my surname - do i have to pay the debt?
Additional Details
It is not my debt - I have never been a customer of this company.... |
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 What is "APR" in reference to my credit card? |
I just got my first credit card, and it says my APR is 21.99%.
My boyfriend tells me that whatever I buy, I have to pay 21.99% of whatever I bought to the credit card company...which ... |
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acman07033 | How good of a mortgage rate can someone get for having an excellent credit score? Over 800? |
I recently got a quote for a 30 yr. fixed rate mortgage of 6.75% and was wondering if that was a good rate considering I have an excellent credit score. I simply thought it would have been lower, and did not know if it were negotiable. |
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Quicken Loans
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There are several factors that decide what mortgage rate you qualify for. They are:
*credit score - your's is very good and should qualify you for almost any program
*down payment - if you have 20% to put down, you'll get the best rate possible
*your income - your ability to prove your income (and basically show that you can pay back the loan) has an effect on the rate.
*your assests and debts - how much do you have and how much do you owe?
That said, based on what you report in your question, 6.75 does sound high for today's rates. A score over 800 is very good and should (assuming everything else is in order) get you something closer to 6 percent.
And you can absolutely shop around and look for better rates. And definitely ask your current mortgage professional why your rate is high. If he or she can't fully explain and give you sound financial reasons for the rate, go somewhere else. Ask your family and friends who they have worked with and who they liked. Get referrals. It's the best way to go.
Hope this info helps.
You've done your part by keeping your credit good and building a credit score over 800. Make sure your mortgage professional is doing their part to get you the best deal possible. I've included a link below to the Quicken Loans (where I work) mortgage rates page. You can get a good idea what rates are available. |
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Stephanie Denise
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It wouldn't hurt you to check out a couple of different lenders just in case. I think it's possible to get lower than that. Keep looking. |
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beauty s
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Thats a great rate. Good for u.. |
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jimobasa
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Are you asking about mortgage rates or simply bragging about your credit score |
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cmira4
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With such a good credit score, you can negotiate. However the current rates are in the 6-7% range, compared to 4-5% a couple of years ago.
Still, if the rate can be lowered another .25 to .5%, it translates to a lot of money. so try to negotiate further. |
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Sue
 |
Your income and the amount of downpayment (percent of the home value that you intend to finance) can also play into the mortgage rate. Some lenders sell 'points' where you pay up-front money to buy a lower interest rate. |
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Ray
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Rates depends on a combination of a lot of factor not just credit score. There's also Loan to value ( amount of loan vs. your house value), Stated or Full income doc, if you could provide proof reserve..... etc. If you are paying points and fees.
Everything is negotiable, go to lendingtree.com for a qoute. |
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cbagc2002
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Based on what I've seen and read over the past few months, that seems a bit high if your credit score is as high as you say. I would have thought you would have gotten something closer to 6% or 6.25% |
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See Saw
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Mortgage rates differ a lot and are based on your credit rating and the value of the home. Before approving your loan, your lender will scrutinize your credit history. There are two types of mortgages according to the type of rate: fixed or adjustable. Consult a mortgage broker or contact the lender directly asking for quotes. This lets you decide between both the varieties of mortgages. |
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rdbianco4
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30 yr fixed @ 5.875
15 yr fixed @ 5.5
ps i am a mortgage broker...
the factors that will greatly affect that is your loan to value and your debt ratio... |
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mibanker
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You must have something else going on.... Manufactured Home?, Acreage?, No Income Verification?.....
There are a lot of things that go into rate. The 800 credit score just allows for a approval of a loan, and not necessarily a "fantastic" rate. Also, the loan to value has a great deal to do with it. You should have 20% down on a purchase, in order to qualify for the best rate. |
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Blunt Honesty
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That's pretty good. It is somewhat negotiable but it depends on who you got the mortgage through. Always get a second opinion if you aren't sure of the first. |
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