Have 22k to apply- to ?my car was repo and 17k gets it back conserv bl book19k mort lat 4k homeq late 4k idea

Question

I have 22k on loanI need to move quickly but need to move wisel-my car repo roughly 17k to get it back conserv value 19.4k and I am unable to get approved on a car loan- Other critical info is my mortgage is late- owe 4k now another 2k on the first of Nov. (total 6k)
home equity is at least 60 days late min pay on the 1st Nov will be roughly 3k-
I owe roughly 20k in cc debt and the fees and interest are killing me. One cc is tied to my home eq and regular bank account and the bank is moving money on there own to cover lets say a partial payment to home equ and then they charge me a fee for moving it, being overdrawn and they get me on both sides. I owe 329k for my home The value has reduced due to economy and the range is presently 389-469k. There is
some equity left IF I could sell it quickly.
The money I am using is a loan and need to be paid back.as it is their safety net--I am nowunemployed(temp) I need the car for intervs and a requirment for my field HELP appreciat

Answer 1

You need some professional assistance. Check into this site: http://www.nfcc.org/ . Consumer Credit Counseling Services (CCCS) offers free credit counseling. Take advantage of it.

You should definitely use part of that money to catch up your mortgage. And do something about that home equity/creditcard/bank account. Is the home equity payment debiting your bank account which is overdrafting to the credit card? Pay the home equity current and stop the extra fees.

Pay cash for a cheap car. Use that car to find another job. You may want to get a second job or even a third with the debt you have.

Sell that house if you can. I suspect you are one of the many who bought more house than you could afford and now the actual value is a lot less, probably even less than what you think.

Answer 2

N.M.

thanks for the giggles :-)
FIRST pay your late Mortgages today!!!
2nd Buy a CASH car no more than 5K$
u can get reliable cars to get u throught this manure ur in.
Forget about your repod car ur wasting ur money. Buy a cash car. Save the house 1st. forget the Credit slaver cards unless u want to lose the house.
let's see late fees on c.c. or lose the house ?
visit daveramsey.com to learn ur hard lesson formn others mistakes.
Sell ur house b4 foreclosure comes ur way or pay credit slaver cards.
forget repo'd car and credit cards ur 'i love debt ' score is messed up so save the house.