Credit - December 2006

I've been dealing with many lenders for the past 30days who gave me empty promises. I understand that my loan is consider somewhat complicated due to the fact that my mid score is appox. 542 & that I had 1X60day late on my mortgage. But why is it so hard trying to find a lender who can do a 85% LTV? I have plenty of equity but yet, I'm having a hard time being approve..is this an impossible loan?

2006-12-31 04:36:32 · 2 answers · asked by mcoopd1 1

2006-12-31 04:23:18 · 15 answers · asked by Anonymous

If I pay it off, will it come off of my credit report? If not, will it say that I paid it? Is it worth paying it off or should I spend the money elsewhere. I want to buy a house in the next year and want my credit to look as good as it can....

2006-12-31 03:37:15 · 6 answers · asked by redsox fan 4

Email address is www.moneysavingexpert.com

2006-12-31 03:36:44 · 8 answers · asked by Sexy Red 4

2006-12-31 03:33:42 · 3 answers · asked by Sexy Red 4

I wasnt responsible for a major credit card in 1999.Bills are the last thing you care about when you are told from a specialist that you are dying .
My bill was maybe $1100 but I wasnt able to pay or work for 13 months due to terminal illness,pain and strong research meds.injections, anyways it was never paid the acct. was closed in 2001. I avoided them after talking to them every week for the first year..The final charge due was maybe $2,100(after finance chgs) but it has been in charge off status for maybe a year now. I avoided them after talking to them all that year many times on the phone when i was ill .I have heard long ago avoiding contact is good if your not going to pay.I am in the very slow process of fixing my credit, or rebuilding it.The debt went into"CHARGE OFF"status /06. after being in late pay status for years but the account was closed in the yr 2000 . *When will the charge off be OFF my record of reporting agencies so that my credit score will be higher?

2006-12-31 03:33:38 · 8 answers · asked by BluShadez 1

2006-12-31 03:09:51 · 1 answers · asked by Jene 2

A real score. not a gimmick. not a report.

2006-12-31 03:06:40 · 10 answers · asked by stephyrose87 3

We are also from Wisconsin. Will I acquire his debt or he acquire mine if we divorce or if "God forbid" he should die or I die?Can my good credit help his credit score? I'm not changing my last name and we have separate bank accounts, separate credit cards, etc. We also will have a prenuptial that what's his is his and mine is mine.

2006-12-31 02:50:32 · 6 answers · asked by Tricia 1

2006-12-31 02:10:55 · 9 answers · asked by Robert C 1

2006-12-31 01:52:05 · 8 answers · asked by Anonymous

I have two car loans, each at about 6%, each maturing in 2011. For the past several months, I've been paying a couple hundred dollars extra of the principal on each loan every month, thinking that I'll save on interest in the long run. But I'm not sure this is really a good idea. Would I be better off putting that extra money into some sort of investment vehicle? If I trade in one or both of the cars for new vehicle(s) before they're paid off, will I have derived any benefit whatsoever from paying down the principal as I've been doing?

2006-12-31 01:23:25 · 9 answers · asked by TnObGyn 1

2006-12-31 00:31:23 · 8 answers · asked by Anonymous

2006-12-30 22:13:55 · 22 answers · asked by spring06 1

2006-12-30 21:58:23 · 8 answers · asked by amira j 1

the one that you can put your name in and it tells you in the corner weather its good, medium or poor?
NOT EXPEDIA
they had an advert on tv a while back with people looking at a wall of lenders names etc...?

2006-12-30 21:58:13 · 5 answers · asked by cadippoz 1

2006-12-30 19:52:42 · 5 answers · asked by hatbrown 1

I am or was in the process of buying a house through a local bank. They told me what I needed to do with the $25,000 equity I had in my previous home to be able to purchase this one. I did it all exactly how it was needed according to the bank. Now, 2 days prior to closing the PMI or mortgage insurance came back at $600/mo almost, raising the payment by 25% and thus not affordable for us. After talking to a few more banks and not telling them the situation, they all told the PMI would be high in the beginning but this bank did not. Now, the builder or contractor of my new home has stock in the bank that he/she reffered me to and the loan officer has discussed our case with he/she in detail and revealed all of our previous problems to them. It's just very frustrating, this would be a new town for us and now word has gotten out about our problems and I know it wasn't us talking. This bank has upset us deeply. What can we do? Sue for Damages or Privacy Act or anything???

HELP!
Thanks

2006-12-30 18:38:48 · 4 answers · asked by ls1_2000 1

I returned an item to each store, and the refund was supposedly credited back to my visa debit card (from bank of america), but they're not showing up on my online statement, not even in the pending transactions. It's only been two days, but I'd like my money back soon. I should've just bought them with cash instead!

2006-12-30 16:57:47 · 3 answers · asked by Anonymous

I had opened an american express credit card and with generousity added my ex( was my bf at the time). Now that we arent together anymore I just want him to pay his side of the bill. He recently quite his job now and he owe about $800 on the bill. I am so upset because this will mess up my credit. I admit it was very stupid of me to do that and I learned from it. I know he has no income but he should have thought of that before he quite. A couple of weeks after we broke up he still charged items on the card and I am upset because he should have paid it out. We are not together jus pay the bill out and I will close it. I dont have any income coming in aswell but if I did i would have pay it out and have him pay me back before I get a bad credit or worse. What should I do?

2006-12-30 16:36:25 · 6 answers · asked by Ally R 1

I was thinking of getting a car through a dealership who deals with bad credit records, in hopes to restore some of my bad record. I am thinking of opening up a new auto loan and having it continued as a open good standing loan for about 6 months to a year. I have the cash to purchase the car in question out right, but would this do the trick instead?

More Answers The Better!

2006-12-30 16:17:40 · 6 answers · asked by knee_deep_in_debt 2

I had a small Christmas bash at the local holiday inn and found out that on dec. 26th they charged me $450 for the room and damages. Since they already have the money from my debit card, is there any way to dispute this and get some money back? I dont see any way that much damage occurred and most of the problem was noise complaints. Is there any such thing as a "charge back" or reversing of the charges? Any help on how to deal with this would be great since holiday inn says they are keeping the money.

2006-12-30 15:48:51 · 5 answers · asked by Anonymous

I am planning to apply for loan from bank. if i apply form different states i will get any good interest rate?? thank you very much and happy new year 2007

2006-12-30 15:44:33 · 6 answers · asked by Dark Moon 1

a person has only 1 payment that is reportable then it could take a long time to raise scores. suggestions please.

also what is the scale for credit rating? thanks.

2006-12-30 15:35:33 · 6 answers · asked by curious2 2

i dont have a paper to reference to

2006-12-30 15:12:52 · 6 answers · asked by ceesteris 6

2006-12-30 15:09:42 · 3 answers · asked by curious2 2

what do i do about this?

2006-12-30 15:04:21 · 2 answers · asked by bluestephaniered 1

what do i do about this?

2006-12-30 15:00:41 · 1 answers · asked by bluestephaniered 1

2006-12-30 14:53:21 · 10 answers · asked by Buttagood4you 3

I'm 27 and started a business when I was 20. I was making over $300,000 per year when I became sick. I lost my business and owe just over $100,000 to creditors for loans that were made to the business which I personally guaranteed. Because of my illness I haven't worked in over 4 years and haven't paid any of my creditors either. I've lost my house and my car (live with a family member), my credit is terrible and all I have left is $25,000 in cash. Should I try and work out a payment plan to my creditors and get a job? Or should I file bankruptcy and just start fresh (I hate the idea of being ruined for the next 10 years) I'm also considering starting another business with the money I have but am not sure how to handle my debt problem first. The first business I started with only $1,000 so I have enough money to start a business and don't need any more capital or credit to do it. Please serious advice only. Thank you.

2006-12-30 14:31:14 · 6 answers · asked by Y Knot 2