Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Personal Finance
Finance Discussion Forum

 I'm a 12 year old child who wants to make, well, some money to save. Please help me. Thank you.?
Please do not say mow lawns, do laundry, or any of that sort because my family does not believe in paying me to help around the house. Thank you very much....


 How do I make money...?
I'm only 13... I want money for an xbox 360. And i live in the middle of nowhere... and im lazy... ...


 Best ways to raise £3000?
I need to raise £3000 to buy a new car, all the money i earn from my job is spent on my day to day living costs. Iam wanting to become a driving instructor and need they money to convert my car to ...


 What are Good Ways For A 13 Year Old To Earn Money?
I need to earn some money for a laptop for school and entertainment what are some good choices? Im 14 in july and i might try and find one then but i need to make money before school starts!!...


 Whats 8% of £25.00? How do I work it out....?
...


 Will you ever finish paying your mortgage off?
Or do you expect to be paying monthly payments till you die?...


 I had to quit my job for school How can I make money now?
I had to quit my job because im going to start college and I have to get ready, How can I make money right now just to have extra cash in school? ...


 How do u....?
Well how do kids age 11-12 make money other than alowance?...


 Will my credit be affected negatively?
my husband and i have a jcpenney account together. however, he left me and im wondering if closing the account will affect my credit. The acct is paid (no money owed and its a joint acct)...


 Is $20,000 a lot of money to you?
lets say you won it, would you be satisfied or wish it was more? do you think you could buy a lot with 20 grand?...


 It happens over a million times every year.?
...


 What steps should a person take if they won a large sum of money pehaps in the lottery?
...


 Is there one thing that you wouldn't do for a million pounds?
...


 Paypal question reguarding selling on ebay?
I want to start selling on ebay. I have a paypal account and I always buy things off of ebay using my paypal account. When I win an auction and pay for it through paypal, it is taken out of my ...


 What is the best way to stop spending money ?
i'm a super spender , i never keep money but i am too old to keep on living that way ......


 What's the best way to make £25,000 work for you?
I really want to know what's the best way of making this money grow as I've been saving it for the last few years and find It's really not worth my while leaving it in a current ...


 Pay car off faster or pay down credit card faster. car is 5% credit is 8%?
My car loan is 1/4 the size of my credit card balance. If I was to pay extra I could have the car loan paid of in about 14 months. If I paid that same extra towards the credit card it would still ...


 How can I get a checking account with a recent bankruptcy?
I am currently in a Ch. 13 bankruptcy. I have a checking account with my husband but we are going through a divorce and I need to separate our finances. One of the debts listed in our bankruptcy ...


 Once a credit card is paid off, is it better to leave it active or should we close the account?
...


 How to make 40 bucks fast! Ages 14-16?
is there a way? can we go to a restruant and ask if we can wash the plates and earn some money for the day? is there any other ways? we dont like to communicate wit neighbors
Additional D...



iamjustawifeandmom
My husband I applied for a home loan and got denied for bad credit, if we file bankruptcy can we get one?
                     
 




teresathegreat
Rating
NO. Bankruptcy will kill your chances for any sort of loan for the next seven years - imagine bankruptcy as a giant skull-and-crossbones on your credit report. Besides, you may not qualify for bankruptcy.
Get a copy of your credit report, and examine it carefully for any errors or warning flags. Then work to correct those, and pay off any outstanding debt. That's the only way to improve your credit and qualify for a home loan.


You get one free credit report from each agency (Transunion, Equifax, and Experian) each year, and for $8, you can get your credit score, which tells you how you rate compared to most people.
FICO credit scores are based on:
Payment history - 35%
Amounts owed - 30%
Length of credit history - 15%
New credit - 10%
Types of credit used - 10%


SLF
if you are bankrupt most lenders won't touch you with a bargepole: if you have bad credit rating now, it will be bloody awful after bankruptcy. You should do what you can to avoid it.


capellancf
Filing for bankruptcy will make your credit worse.


Gary H
Rating
Bankruptcy will NOT help you get a home. In fact it will probably reduce your chances greatly.

But don't lose hope if you're looking to buy a home. There are so many different ways to fund a home now, just about anyone with any kind of credit can get into a home, regardless of credit situation.

Of course, some will cost you more money in the long run, but a home it's still one of the best investments that you can make, so, in many cases, it's worth it, especially for the first year of ownership.

You should shop around, and ask different lenders what kind of programs they have, and if they can help. Try to find a lender that specializes in bad credit mortgages. You can find some bad credit mortgage lenders listed on this page on and off:

http://www.axalda.info/bad-credit-mortgage.html


mldjay
Why would bankruptcy make it better?

I suggest you read The Total Money Makeover by Dave Ramsey and learn how to budget, fix the mess in you are currently in, how to save money and how to deal with your current creditors.

Check out his website too.


Nick
Rating
The most appropriate site for your question –

http://www.legalservices4less.com/bankruptcy.htm

Trust me its good


?
Hi. Bankruptcy could potentially help especially if there is a lot of negative credit on your credit report. While there will be an impact on your credit score, charge offs and delinquent accounts look far worse than a bankruptcy. Rebuilding your credit is not difficult after bankruptcy. First get copies of your credit report from all three agencies and make sure that everything listed in your bankruptcy is reflected accurately on the report. Yes, obtaining credit will be difficult initially, however, right out of bankruptcy, you don't need credit. May people will post responses that bankruptcy is horrible, but I've been in this business for years and have seen the positive benefits. In my experiences, most of our clients state that it takes about 1 to 2 years to rebuild credit after bankruptcy. Just remember that you can recover, despite what you may hear otherwise. Hope this helped!


angela
NO. The best thing you can do is clean up your credit. If you are behind on bills then get caught up. If you have accounts that have been turned over to collections then try to get them paid off. A lot of times they will take a settlement amount. Work on paying your bills on time and getting your credit cleaned up and then you'll be able to get a home loan.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy