 What are little ways to save money in a household? |
| my husband just received a 40% pay cut, and while we'll still be okay (our house is paid off, 2 of our three kids' college is paid for)we'll be saving less than we have before. we are ... |
|
 WAMU: Can I deposit cash through the ATM? |
Does anybody here have a washington mutual account?
Do you know if you can deposit CASH through the atm?
Just got off work and the banks are already closed so this is my first time wanting ... |
|
 Whats a good way for a teenager to make money? |
| Im very responsibe because I don't like asking my mom for money and I don't like people buying me things. I feel more sucessful when I do it myself. The only thing is that I don't get ... |
|
 Northern Rock share price? |
| I bought some Northern Rock shares this morning at 300p. They are now trading at about 270p. Could they slump further? And if so, by how much?... |
|
 I would be inheriting $50,000..................... HELP!!!!!!? |
| OK, here's the story.I've got 3 bros.I'm the youngest the eldest already receive his inheritance he immediately got married & they are now a happy family.The second also got his ... |
|
 How do you tell 25 classmates a trip was cancelled & they lost 100.00 deposit? |
| the trip was cancell due to bankruptcy of the bus company. How do you explain to classmate and still uphold their goodwill toward you.... |
|
 What to do? |
| What would you do if in about a year and a half you were going to move to a different state. You have no money saved up, but your about to get a pretty big amount of money. Would you keep it and put ... |
|
 Ways to make money from home? |
| I am a stay at home mom looking to make some extra money, I don't want to pay to start, any ideas?... |
|
 Are there any legit payday loan companies out there? |
I'm really tight on money and need atleast $1000 by this time next week. If there are anyother options, please let me know.
Additional Details
P.S. The answers so far are helpful, ... |
|
 How can I make sure I get my money back? |
| A friend of mine owes me £2000. It's built up from me lending him money. The problem is I've got no proof that I've lent him this money and everytime we fall out he threatens to not ... |
|
 Do I just not make enough money? |
| I am 34 and I make roughly 65-70 grand a year. I live in a suburban area that has upper price homes compared the rest of the country (I know people who are shocked at how little house you get for the ... |
|
 Any fast ways of making money online? |
| I really need money fast, like by sunday. Please help =]... |
|
 How can I earn money? |
| I need to buy some clothes for school and my parents have to pay a lot of stuff for my brother who's going to college so i shouldn't ask for money. what are some ways to earn money, i'... |
|
 I received a check for 2990.50. I put it in my account, just saw the scams. Now I do not plan in spending it. |
| After viewing the check it appeared to be legitimate. I do sometimes fill things out at the malls and such I never remember so I thought it was a possible win. Something told me to check this ... |
|
 13 year old making money? |
| How can a 13 year old make 150GBP as quickly as possible? (in UK)... |
|
 Ebay question? |
hello!
i have somthing that i want to buy on ebay, but not quite enough funds in paypal (its like 45 dollars and i have like 42). Anyways, my paypal account is not backed by a credit card, ... |
|
|  |
shamelle2003 | If someone has really bad credit, but they pay off all of their debts...? |
and they make close to 50k per year, what are their chances of buying a home without a cosigner |
 |
 
Chane
|
Lenders go off credit scores. So, if your credit is really bad, most banks will NOT be willing to give you a loan.
The fact that you are debt free is great, but the accounts on your report are still negative and will stay on there for about 7 years.
Your income is not bad and will definitely be a positive factor when you apply for a mortgage.
Bottom line...you must work on getting your credit scores up if you want to get a home loan. I repair people's credit on a daily basis, people who don't qualify for a mortgage.
Find out how to do it legally, for free: |
|
Bob
 |
You can do it solo, but you will pay a much higher rate which limits how much house you can purchase.
Be wary of those adjustable rate mortgages or programs which claim to boost your credit score by paying other people to add you as an authorized user to their credit cards - there are too many scams out there. |
|
nemofish
|
you won't need a cosigner, but you interest rate will be a little higher......we bought our house and made 55K together with average credit....our interest rate would have been lower with better credit scores.....look into how much you're approved for (we could only go as high as 90K) so that you know what kind of payment you'll have...also, make sure you get a good realtor..........
good luck |
|
csucdartgirl
|
Depends on how long they have established good history. There is a new law just passed. They talked about it on the news. They are now not allowing people with FICO scores of less than 590 I think...it was on CNN this morning. |
|
jamesPurple
|
They'll be able to borrow in a few years.
They'll have to :
- keep their bills up to date
- save some money
- make sure their credit report is clean of old debts
- earn a regular income
Good luck to all of them ! |
|
sarasvah
 |
Probably good, but you will have to pay a higher mortgage rate... :( Good luck! |
|
starames
 |
past bad credit is better than no credit at all! you may just have to wait a while till all the debt is shown as paid...it may take a while..my fiancee has been waiting along time to have his credit shown right! |
|
The Scorpion
|
You need some time to pass to show a history. Don't rush it, it isn't worth the interest rate, and interest is the whole ball game. One of the basic problems of people with bad credit and financial problems is that they move to fast on to new cost and debt before they are ready and stable. |
|
jenny C
|
Have seen lots of people asking info on bad credits. Well, if you need to get your problem solved on<!--bad credit, you must know to how to confront it. Of course, Even if you have bad credit, you can get loans. Many factors can contribute to someone getting a "bad credit" rating, among these are non-payment of an account or late payments over an extended length of time. Take a look on
http://badcredits.awardspace.com/
You may find want you want. You can easily be labelled as a bad credit risk by financial companies. This can make it more difficult to-->arrange loans or other finance, and usually means you will pay more interest on any loan you take out. |
|
nicshtik
|
Your best bet would be to pay off the debt. Wait the 60 - 90 days until it shows as paid on your credit report, then apply for the home loan. Right now, the mortgage industry is "tightening their belts" and their credit requirements are getting very strict. I know that it requires a 620 credit score to even do a "no-doc" loan right now.
Once the debt is marked as paid on your credit report, and you have had a full reporting cycle go buy where no missed payments, lates, etc have occured, you are going to see a substantial jump in your credit score.
Additionally, they are going to want 12-24 months of cancelled rent checks to verify payment history and 2 years of W2s or tax returns to establish that the income is both steady and verifiable. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 5 minutes(s) ago
| | | |
11 | 6 minutes(s) ago
| | | |
11 | 9 minutes(s) ago
| | | |
11 | 41 minutes(s) ago
| | | |
11 | 43 minutes(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
10 | 8 hour(s) ago
| | | |
11 | 9 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 1 day(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
