 Have moved to spain but have just been informed of a debt we left behind? |
whats the best way of paying this debt off could we pay in euros through our now local bank in spain
Additional Details
would like to leave it but they have been pestering my mother ... |
|
 Does cancelling a cell phone contract hurt your credit? |
| i got a cell phone in my cousins name (with her permission, of course) and now we're trying to switch the contract over to my name. i don't know if i want to continue with this company, and ... |
|
 Is one credit card enough? |
| I have two credit cards, my first card had a limit of $1000 which I got while in college. Today after five years they have raised the limit to exactly $10000. The second, American Express Gold, which ... |
|
 What happenes if you dont pay your credit card bills? |
does it just go to a credit place or do they take you to court or jail? my bill is 4 thousand dollars?
Additional Details
I am on maternity leave, my baby is very colicky so i cant work ... |
|
 How do i put this into words? |
I have been advised to offer a minimal repayment to a debt collection agency, however i cannot find any sample letters that reflect this.
All i wish to do is briefly explain my circumstances, ... |
|
 What are some things you can do to increase your credit score? |
| My credit score has gone down since last year (I was at about a 750) and I have only been late on making a credit card payment once. ( I am down to about a 630) What are some things I can do to get ... |
|
 I have a check to cash that accidently ran through my printer...HELP!!? |
| I CAN NOT ask the person who wrote it to re-issue. Long story, but I can't. The front of the check is fine. The back has a picture printed on it...it stuck to my printing paper, unbeknownst ... |
|
 I have two collections left on my credit reports? |
| I have contacted both of them asking for a pay for deletion letters, and they both refused. The total of both is only 145.00. If I choose to not pay them until the 7 years is up, how will it reflect ... |
|
 How hard is it to get a mortgage now? What kind of credit score do you need? |
| I've heard that due to all of the foreclosures mortgage companies are getting tougher.... |
|
 What is the billing address mean??? |
| when I go to buy online I give the shipping address and he would the billing address is this mean the address of my bank???... |
|
 School loans? |
| anyone know how to get low interest rate student loans?... |
|
 Looking for online job that pays in cash? |
| I am looking for a online job that i can get paid in cash. I have heard about those prepaid credit cards and that mold also be helpfull information. Do you know of any good website's that have ... |
|
 If someone is claiming DSS benefits but? |
| but their landlord doesn't know, is that classed as fraud. I think my neighbour is running a scam, they rented the property in someone elses name, but they get benefits to make the payments, ... |
|
 I can I get a auto loan with no credit on an $8,000 car? |
| I'm only 19, so I have no credit. Is there anyway to get a loan/money to buy a Jeep Wrangler from a dealership?... |
|
 I have a car loan, I don;t have all the money to pay for, can I make partial payment? |
| I want to know if I can make a partial payment on a car note and not receive collection ... |
|
|  |
franknbeans127 | If I have terrible credit can I still get a New car loan if I put enough money down? |
how much would I need to put down to get a $20,000 dollar loan and what would my itererest rate and monthly payment be? my credit is about as low as it gets. |
 |
 
★Jaileen★
|
you'll definitely find someone to finance you, but probably spend yrs paying it back since your interest rate will be kinda high. Why don't you try cosigning for someone you know (and hey have good credit), of course some one you can trust. Until you can clean up your credit, then remove them. |
|
alicialions
 |
Then the only car loan you can get is one of those for - bad credit, no credit type things and you would have a higher interest rate and higher monthly payments. Go check one out, they can be good, but be sure you are using someone reputable. |
|
now what?
 |
Yes depending on who you get to take the loan. Problem. Don't get a co-signer because this ill cause major problems if you default. if you have enough money thye will finance you at what rate it could be as high as in the teens for an interst rate. Shop around, check your creit and make sure evrything is correct etc. |
|
Randomname83
|
I think the above posters have answered your question with an affirmative answer. Let me elaborate though.
No matter how bad your credit, you can always get a loan for a goods or service (your car) if you have enough equity (money) as collateral. A person with bad credit will get turned down for unsecured loans like most credit cards, but will be able to get secured loans or loans that are covered by some form of capital.
When you take a loan for a car and default, the loan company can take your car as compensation. This will result in them not having a total loss. With a credit card, they have no recourse since the loan is unsecured.
With that said, a low credit score means more risk. If your credit score is really bad, they will expect a lot of money down and charge you a high interest rate. More money down means more equity you have in the car. A higher interest rate means a higher return for them if you don't default (so they will take more risk).
They will generally take the risk and give you a loan if you put down enough money to make your loans less than the value of the car. Let us say you buy a 20k car that is worth 17k the day you drive it out of the lot. They will expect you to pay ~5-8k as a down payment. This will mean that if you default, they can sell your car to cover the loan.
The biggest issue though is the interest rate (APR). If they charge you a high interest rate, it is equivalent to significantly increasing the cost of the car. |
|
gail.bottomley
|
I am sure you can only the interest rate will be so high. Maybe a second hand car would be better until you have more money. It is very bad money sense to loan that much for a car especially when you dont have good credit rating. Loan companies love people like you as they can charge you the highest interest rates. Maybe think about where you wanna be in 3 years, still in debt to a car which is no longer new but very very old. |
|
candi h
 |
Hello. why don't you look into using the money you have for a down payment to clean up your credit? Let's say you want a car for 20k and have 6k to put down and you have 3k in debt. If you were to take the 3k from your down payment, you would see your score increase dramatically in the next 1-2 months and then be able to take the remaining 3k and put down on the car (used or new...recommend used). By doing this you would have increased your score to get a better rate and also be more likely to get approved. By having the lowest score possible as you mentioned...it seems like you wouldn't even get approved for that amount. If you pay off everything and your score is then good, you could possibly get into a car with little or no $$$ down.
I would recommend financing a car for no more than 3 years. The better the score the lower the rate and more money saved. I'm also looking at a new car for about 20k but I plan on putting at least 4k-6k down. |
|
cdrates
 |
if you can get a loan you will pay a high interest rate, you should start repairing your credit, start by reading this article, http://www.monitorbankrates.com/how-to-build-maintain-and-repair-your-credit |
|
Brown C
|
see what i say credit doesn't matter at all if your credit history is good, there are many online sources are there are providing new car for people have no credit or bad credit and also with low interest rates, try to contact them and get your problem resolved, for your reference try http://www.carloan123.net my one of friend had get a car loan with bad credit and also with a low interest rates, you may try them. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 34 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
8 | 5 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
8 | 3 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
8 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
