 I thought having credit cards would improve my credit!? |
| My credit score is a very low 537 i pay all my bills on time, and have had 3 different credit cards for the past 6 months to a year that i pay in full and on time, so where is the problem, because i&#... |
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 How do debt collectors keep finding my new cell phone number? |
| I have changed my cell phone number 3 times and each and every time collection agencies are able to find it. Is there anything I can do to stop them from being able to get it?... |
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 What happens to someone's debt when they die? |
| I figure that if the person is married, their spouse becomes resposible for playing any debts left behind, but what happens if this person is unmarried? Do their children inherit the debt? Do the ... |
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 How Can I Remove My Name From Bad Credit Scoring??? |
I asked this question:
http://uk.answers.yahoo.
and the first gentleman stated that I can have my ... |
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 Should I take out a 2nd mortgage to pay for my credit card debt? |
| My husband and I are in our late fifties. He is disabled and is on a set income. We only make enough money to pay a our bills. There is very little money left over for gas, groceries or everyday ... |
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 My debit card won't work at stores only atm? |
| why is that. its a student checking account with wachovia. It is always declined or something but I can get money out of the ATM... |
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| How do people get into such deep debt? Like over 10,000 dollars of credit card debt? |
Ok so I have seen questions about how people can get out of over 50,000 dollars of credit card debt. My question is:
How in the world can you get that much credit to begin with? Do they ... |
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 Just got a credit card from capitalone to get my credit started.? |
| I just want to know where i can use my card at b/c i need to buy somethings and was thinkin of using my card but dont know what stores accept it. Does Wal-Mart accept this credit card?... |
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 My credit score is low cause I don't have a credit card but I cant get a card because of low score. Help? |
| I am looking to get my credit score up and clean my credit. They say revolving accounts get your credit better but I have bad credit and can't get approved for a credit card. Even the crappy ... |
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 Does having a credit card cost money? |
I am getting my own credit card soon to help build credit, but I really don't want it to cost me much.
If I have no annual fee, and pay my (tiny) balance every month on time, will there any ... |
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 I NEED A LOAN TO CONSOLIDATE MY DEBT -BUT MY DEBT IS NOT BAD ENOUGH FOR CREDIT COUNSELING---ANY SUGGESTIONS? |
| I have tried to get debt consolidation help but every one just tells me they can't help me because my debt is not high enough!! I have been slowly paying what i can but am starting to sink fast--... |
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 Abbey National - Cutting my overdraft!! Please help? |
My ban k have sent me a letter saying that next month they are cutting my overdraft down from £1700 to £500!!!
I can't afford to pay it all of by the time they cut the overdraft limit and ... |
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 What do you think about payday loans? |
| I am thinking about getting one and would like to hear you advice about them.... |
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 Does it affect your credit score positively to pay off a loan early or not? |
| I have a car loan with a Credit Union that has a year or so left, and I'm curious if paying it off early will significantly effect my credit scores, or it really doesn't matter very much?<... |
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 Where can you find those American Exprees Gift Card things? |
you no like those things that r like temporary credit cards you can use anywhere or w.e.
DONT BOTHER GIVIN ME S**** BOUT MI SPELLING I DONT CARE... |
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 Can collection agencies try to collect a debt that is eight years old? |
| I received a call from a collection agency trying to collect on a debt that is 8 years old, dating back to 1998. My state's Statute of Limitations for debt is seven years. Can they still collect ... |
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pamela f | How high of a credit score do you have to have to buy a house seeing my is only in the 5hundred range? |
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 |
 
Nodor
 |
You don't need a high credit score to buy a house, but the higher your score the lower your intrest on the loan will be. |
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meow
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Depends on the bank or company who will potenially give you a loan and why your credit score is so low, is it bad credit or lack of credit? |
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gtofinancial.tomvoli
 |
There are lenders that provide home loans even in the 500's. The rates are high and require very good income verification.
The right thing to do is improve the scores as high as possible before applying. I coach borrowers on managing credit scores. Check my blog out for some very helpful info to get credit scores up. |
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D lightfully Blessed
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500 is not at the bottom of the barell.You could actually buy a
house with a 650,but for the best rates you would want to have atleast a 700 good luck and God Bless |
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newmum06
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600 |
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boo
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i think that's a little too low. |
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kja63
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You won't get great terms or a good interest rate unless your score is at least in the 700's. |
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jenivive
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depends on how much house is and how much of a loan u are asking for |
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MJ
 |
Also try to contact a lender that specializes in "B" credit lending, like you have. You won't get as good a rate as someone who has a 700 credit score, but 500 is about the minimum to get a mortgage handled. The more down payment you have; the better chance of getting approved. But most people with 500 credit scores don't have bundles of cash sitting around or they wouldn't have 500 credit score, right?
Try The Lending Center/First NLC, or Ameriquest, or Full Spectrum (a division of Countrywide)...they all specialize in B lending/subprime lending. Good luck. |
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ryan c
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The only thing you need to by a house these days is a job. Just find a lender that can do hard money loans. |
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ladee337
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That is considered fairly low, but believe me its not impossible to find someone to finance your loan it will just be at a higher rate. Higher credit usually means that more people will be willing to take a chance on financing you, which means more options and you can shop around. |
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bikeworks
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If you have a score below 620 you can get a mortgage, but you'll need to put around 25% down plus you'll have a very high interest rate...probably 12 to 14%.
There are some brokers out there that will lend you the money with less down payment, but you would have to have an excellent debt ratio, which of course is probably not the case if you have problems paying your current bills. |
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