Credit - November 2006

So we went to look at a condo today and fell in love with it! We are wanting to move around June or July (next summer). We know that we can more than afford it. They are asking around 150,000 and our combined income for a month is around 100,000. We have little debt which consists of a car payment, a student loan payment, a credit card with a balance of $500 and a loan payment for a bed that I purchased. Our concern is our credit. It is not perfect due to late payments in our past. The realtor says that it is a buyers market and mortage companies will compete more for customers due to it being a buyers market. Any suggestions?

2006-11-12 15:42:33 · 3 answers · asked by Anonymous

eg getting cash out of the atm

2006-11-12 15:11:58 · 7 answers · asked by wheelie 1

I'm looking to repair my poor credit rating. I owe 10k+ to various creditors. I'm married, we both have a decent paying jobs. My spouse has credit problems as well. Here are my concerns:
1. Are there any immediate steps that I should take to get started?

2. What is considered a "good" score to have when buying a house?

3. What short term steps (6 months to 1 year period) can I take to bring my rating up to a "moderate" level?

4. What long-term steps can I take to make for the future so that I do not fall back to where I am now?

5. I know that some credit counselling services are predatory in nature, and actually put people into more trouble than they had to begin with. Are there any reputable credit counselling services out there (preferably non-profit)?

2006-11-12 15:05:46 · 8 answers · asked by gds_ny2003 1

2006-11-12 14:11:00 · 6 answers · asked by drenessa2104 2

2006-11-12 13:58:24 · 3 answers · asked by dewbellows2004 1

Can I use a Visa or American Express Gift Card for purchases on Amazon.com or on PayPal? Thanks bc I'm a little skittish about using my real credit card online.

2006-11-12 13:23:19 · 5 answers · asked by tellmeplease 1

2006-11-12 12:27:54 · 5 answers · asked by mellylaine80 1

i have a question about apr. is it automaticly charged when you make a purchase? say i buy something for 100 dollars and my apr is 12 percent. so i would really be paying 112 dollars for the item? or is it if pay off the 100 dollars within a month they dont charge apr? is there any other "main" fees i should know about before applying?

2006-11-12 12:06:37 · 7 answers · asked by joetrangmoneymaker 1

2006-11-12 11:45:25 · 4 answers · asked by loretta l 1

I have an unsecured loan with my work at a low interest rate and we agreed a monthly repayment rate. I wish to pay back more than the monthly rate. Do i have a legal right to do this?

2006-11-12 11:41:40 · 2 answers · asked by Ebony H 1

I was at the store and was purchasing a pack of gum, I handed the clerk my credit card to pay for it and she examined it, looked it all over, showed it to all the employees, then demanded ID saying that the name on the card doesnt look like its my real name when she doesnt even know me, this is the second time this has happened and im sick of it, is this an invasion of privacy? this happened in NY so what laws were broken? I could use links to a law website stating this is legal or illegal please.

2006-11-12 11:26:35 · 8 answers · asked by LettersRfun1 1

2006-11-12 11:15:57 · 1 answers · asked by gagermamamoo 1

2006-11-12 10:46:15 · 5 answers · asked by Susan E 3

My wife and I are planning on moving to Texas and when we do we want to buy a home as opposed to renting.
My wife has a 630 credit rating and I have a 625 credit rating. However, I had a bankruptcy discharge in my name only one year ago.

Will we qualify and what should we expect a monthly payment to be on a $140,000 home. Can we get zero down? What kind of interest rate should we expect?

Any help would be appreciated.
David

2006-11-12 10:09:05 · 4 answers · asked by yanks006 3

i think i need to file bankruptys but im not sure i owe a lot more than i can pay and at the time i cant pay my bills on time so ive messed up my credit so im thinking bankrupty but not sure ? the way it is i cant get any thing not even 500.00? so should i start over or what ? if i have to go 7 years or so im ok (or) mite as well be i cant get what i need /want what would you say ????????????????

2006-11-12 09:50:53 · 5 answers · asked by runninglate 2

If I am 19, have never had a credit card before, have never been in debt, don't really have a credit record (I presume), am planning to pay off my balance every month, and am planning to use it for online purchases?
How can I compare interest rates, etc? What are some good questions to ask when getting a credit card?

2006-11-12 09:23:24 · 9 answers · asked by Jellystar 2

My friend is losing her house due to foreclosure. She had a hard enough time telling me out of embarrassment, so I didn't want to ask alot of questions. How many months behind do you usually have to be to be foreclosed on and I am assuming if the mortgage holder cannot sell or auction the house for at least the loan pay-off, they later garnish her for their loss?

2006-11-12 08:12:09 · 9 answers · asked by Sheila 6

When I went to lease a vechile, I could not get the car due to lack of credit history. I had my mom put the vechile lease/loan in her name, and I made the payments on the car. Now that I'm establishing credit in other ways, I was wondering if it would be possible to refinance the lease in my name?

2006-11-12 07:25:09 · 1 answers · asked by tall m 1

I'm thinking about getting a credit card to build my credit, and I was just wondering if anyone out there knew if you can use your debit card to pay off a credit card bill? I've always just used my debit card to pay for my purchases, and that way I always knew I didn't spend more than I had. That hasn't helped me build any credit though.

2006-11-12 07:14:30 · 13 answers · asked by Terry W 3

I had my debit card stolen a two months ago. I did report it and made a claim to Wells Fargo. They told me that they were going to give me credit and returned my money. Well, a month later they send me a letter telling me that they are going to reverse that credit cuz they had serious doubts about my debit card being stolen and so now my account is over -$2,000 and they want me to pay them by the end of this month. I told him there was no way I could pay them all that money cuz I'm pregnant, not working, and have a loved one in jail. This account was for college. The lady told me that if I didn't pay that they were going to have to report me to the credit bureau and their checks system. They told me that system will close my bank account and won't let me open any new account at any bank for 5 years. I wanted to know if anyone has experienced this and if its true about not being able to open another bank account?

2006-11-12 06:55:41 · 5 answers · asked by perfectly_unperfect5 1

I rent, and pay all my bills on time including electric, phone, etc, and I paid off all my student loans in full. I have a 403b at work where I contribute 10% of my pay check. But what else can I do? I haven't been able to open a line of credit because of past delinquency on a card (which is now paid in full and closed). My credit score is right around 620.

2006-11-12 06:37:01 · 7 answers · asked by scrambledeggs 1

I await the replies in my bunker

2006-11-12 06:25:50 · 13 answers · asked by Anonymous

2006-11-12 05:01:08 · 4 answers · asked by natasha 2

2006-11-12 04:49:36 · 10 answers · asked by natasha 2

that guy told me that if I want to sue him,do it.He never care.How can I accuse him as fraud?

2006-11-12 03:44:04 · 3 answers · asked by arion902 1

mate of mine is being charged 19% interest by BC is this right when they advertise at a much lower figure.surely this is misleading

2006-11-12 03:14:00 · 7 answers · asked by zanny 2

2006-11-12 00:41:46 · 5 answers · asked by SheRa 3

i want to be able to clear my debt. no one will lend the money to someone way behind on pmnts. i would like to make 1 monthly payment without struggling to make ends. but at the same time i would like name cleared after i repay the creditors. i dont want to do bankruptcy. the debt is around 8000

2006-11-11 22:48:40 · 3 answers · asked by daJoker 1

Sometimes new clients of a particular company ask for the company's "credit rating". What is the supplier supposed to provide and what is to be done in the case of a newly established business when this information might not be available ?

2006-11-11 20:55:44 · 1 answers · asked by shlomy_it 2

I was planning on mailing it today, but i totally forgot today was Veterens Day and there was no mail today.

2006-11-11 15:28:50 · 11 answers · asked by JA+JH 2