If someone has held a job for more than 3 years, but has a bad credit history (hospital bills, a credit card bill from the past, one accidental bad check from 4 years ago, and a utility bill owed), does this disqualify the person from being eligible for the USDA Rural Development Loan program?
2007-02-05 14:03:41 · 4 answers · asked by vachic276 1 in Business & Finance ➔ Renting & Real Estate
There you go for info : http://simple-credit-cards-and-loans.com
2007-02-06 08:06:30 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!
2007-02-06 23:26:27 · answer #2 · answered by gabriel jones 4 · 0⤊ 0⤋
depends on the specifics of the loan and the mortgage firm who takes it. usda make direct grants, and loan guaranteed loans which is a mortgage from a lender which the usda guarantees, but makes no direct loan.
2007-02-05 14:10:41 · answer #3 · answered by de bossy one 6 · 0⤊ 0⤋
You need to call a qualified lender to find out. I would suggest you email a friend of mine, Michael Campanaro of Wells Fargo Home Mortgage at michael.campanaro@Wellsfargo.com and ask about his credit program to see what you can qualify for. That's the safest bet. good luck.
2007-02-05 14:08:38 · answer #4 · answered by Denise B 1 · 1⤊ 1⤋