Also had a chp 7 in 2002, plus a car repo the same yr. I only knew
when we were looking at her credit report. I say no.... maybe I am
wrong.
2006-10-03 20:17:42 · 7 answers · asked by daysinn 2 in Business & Finance ➔ Credit
Depends. . . if you friend is a sucker to go out there in the market AGAIN and look for another house and another car, I am pretty sure he will find a wolf ready to tear his "sheep" behind up ONE MORE TIME.
The funny thing is, your friend has to take an inventory of himself and see the pattern of behavior that is leading to such disastrous consequences. Once your friend fixes the bad habits, the poor money management traits, and the related character issues, then he can come to the credit game and have a decent chance of survival.
It seems your friend wants champagne and caviar dreams with beer and tuna fish credit.
This is not a good scenario.
Insanity is doing the same 'ish over and over again and expecting a different result.
We have therapists for that.
2006-10-03 22:00:06 · answer #1 · answered by DaMan 5 · 0⤊ 0⤋
It won't be easy, but there are places and consultants that work with people who have problem credit. It depends on what she is wanting to buy. A car is fairly easy and a lot of car dealers have direct special financing programs. A new home would NOT be very easy, and would almost REQUIRE that you use a consultant or some type of credit repair program in order to get approved. Also, anyone who does issue her credit will charge an inflated interest rate to cover her "risk factor".
Do some searches on Credit Help and Credit Repair. And check carefully any consultant you might want to work with. SHOP AROUND and make an INFORMED decision.
2006-10-03 20:27:49 · answer #2 · answered by DangerMom 3 · 0⤊ 0⤋
Libs are people who don't comprehend the impact this would have on the economic gadget. they only see the sign with unfastened government supply AWAY written on it. This to me is largely a smaller version of the housing industry crash. government placed tension on the banks to grant out loans to low earnings families that they knew they won't discover the money for. Now the government is giving incentive directed extra to the low earnings to expire and purchase a motor vehicle they can not discover the money for. basically decrease type each and every physique is making use of older gas guzzlers that are paid for because of the fact they can not discover the money for from now on valuable. Majority of center type have already got a extra recent motor vehicle with pmts and don't qualify for the money for clunkers. So, now those low earnings families have traded of their paid for motor vehicle for one with pmts and whilst it gets repo'd they are able to have none and it is going to be harder to get yet another one considering the fact that they are being overwhelmed. sure, the government has inspired this in simple terms as they did with the housing industry. it rather is a fabulous jester if we lived in a fantasy land the place money grew on timber and each little thing became into all rosey.
2016-10-15 12:15:16 · answer #3 · answered by Anonymous · 0⤊ 0⤋
sounds like your friend needs to learn how to manage her money better
2006-10-03 21:21:27 · answer #4 · answered by justme 4 · 0⤊ 0⤋
Would you want to lend someone like that any money?
2006-10-04 02:02:05 · answer #5 · answered by hunter6543 2 · 0⤊ 0⤋
Not for a very long time...
2006-10-03 20:30:53 · answer #6 · answered by Meg 5 · 0⤊ 0⤋
Not unless it is cash
2006-10-04 01:27:41 · answer #7 · answered by Anonymous · 0⤊ 0⤋