Nicole D
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You should first know your score. Then you should be able to figure out why you have bad credit.
If you have unpaid or closed accounts it makes your score fall. Pay these and call your account holders and tell them that you are trying to clean up your accounts. Usually they will help you if you ask to get into an assitance program and they do have them just ask! |
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bianca
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go to the mortgage broker and see if they can do something for you. they have new tool to help people to improve them credit and this way you will know what you need to do to obtain a mortgage. maybe you don't need to do anything? |
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Michael A
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Hello,
My name is Michael and i work in a fiancial company which specialized in Loans,credit restoration and repairs, I might be able to help you. If you are interested please reply back @ m.asrat@yahoo.com. |
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james c
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ive got a huge cardboard box i can sell you very cheap. it could easily fit two if youre married |
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Brittany H
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If you apply for a mortgage now with bad credit, you will pay dearly for it over the next 30 years. If there's any way you can wait for 1-2 years on the purchase of a house, use that time to repair your credit - take out small personal loans and pay them back on time, every month. Also, try to open up some credit card accounts, as those raise your available credit, which looks good on a credit app. Good luck |
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annie
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depends on what type of bad credit. if it's all medical, they tend to forgive that more easily. so if it is, i would claim medical bankruptcy and get on with life. if not, your going to have a tough time. |
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gimmefuel2
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You should fix your credit.
First go to www.myfreecreditreport.com and get your latest credit report for free. (Anyone who pays for this is getting ripped off). Next review your report and find out what is causing your bad credit. Once you have identified the problem, contact these companies to arrange some form of onetime payoff or payoff schedule. Note: Most companies after you have had a non pay debit with them for sometime will settle this debt for less than the actual value simply because it costs more for them to keep it on the books. You should be able to arrange a low payment schedule to pay off these old debts and with the lower owed amount, be able to pay it off quicker too. If you have a credit card you will need this as you have to have established credit to get an affordable rate. You can repair your credit by using this card once a month for a small purchase and paying the balance in full every month. This will take about a year but you will be able to raise your credit score greatly by doing this.
Now you should be able to get a mortagage with a rate that won't hurt your wallet later and should allow you some flexability in refinancing later. |
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DaMan
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I have bad breath and want girls to love me long time. What should I do? |
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tito tito tito
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by with cash> |
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MJ
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Actually, it depends upon your credit score, verifiable income, other factors. In the old days, only people with "great" or perfect credit got mortgages. Now, with FICO, anyone can get a mortgage almost, provided they have the needed factors for underwriting....it's just those with poorer credit scores pay higher rates. A lot of it depends on what you mean by bad credit. If your credit score is at least 500-550, you can probably get a subprime loan, IF you have been paying your mortgage/house payments or rent payments. It will NOT be at the rates you see advertised. You will need to contact loan specialists experienced in what they call B lending. |
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saulg21
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This isn't going to be an overnite remedy. And it's going to be a sacrifice. Take 10% of each paycheck and stick it in a bank savings account. Don't touch this money for the next two years. With interest, you'll have yourself a nice down payment for a house. While you're saving your money start making payment arrangements with your creditors. Paying slowly is better than not paying at all. Start with the smallest bill first and get it out of the way. Good luck. |
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trickedb'tch
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Sorry you will either find you cannot get one without a cosigner or you will pay very high interest rates on your mortgage, I know because my husbands credit was poor so we had to put everything in my name only even though he was the one with the big income paying for it. |
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lodnem
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your first step should be cleaning up your credit.
to do that dispute everything over the internet. you get one free credit check per year and when you sign up at equifax your account will allow you to dispute things easily.
this can take quite a few weeks to get all 3 of the majors to remove items from your history, but don't worry about that because currently interest rates are not rising.
do not pay companies to remove things from your credit history. this is a waste of money because all they are doing is what you can do over the internet for free. it's easy.
DO NOT APPLY FOR A MORTGAGE UNTIL YOU'VE ATTEMPTED TO CLEAN UP YOUR CREDIT.
if you continue to run your credit applying for loans or to get pre-approved or whatever, you risk lowering your score further.
finally, get a good loan and if it means waiting, wait. do a fixed, put 20% down, have a comfortable mortgage payment that won't double or triple when the rates start going up next year. |
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arthurbel33
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Hi, here is an address of a site that you can see if they can help you out. There is a form you fill out and they will get back with you. The address is http://territhomas.bettercreditpro.com |
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personal_finance_101
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Start working on fixing your credit. You should start by getting all three credit reports from annualcreditreport.com. Then, you should read the forums at creditboards.com to learn how to get some of the bad stuff off and how to rebuild good credit.
It's going to take time. You didn't ruin your credit over night, you can't fix it over night.
Good luck! |
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who cares
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fix your credit! |
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Gone fishin'
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Go to a mortgage broker. They can arrange something private for you at a higher interest rate. |
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