We just moved into a new house 4 months ago. Unfortunately, my husband was laid off right as we were moving in. We've been struggling to maintain or mortgage over the last couple of months while he searched for work. Now, he is employed and we're fine, but we have a backlog to catch up. We talked to our lender and they made arrangements to stretch our past due amount over the next 9 months; however, we have a tremendous amount to pay out this month to seal this arrangement. We need to secure a short term loan to help us out in this situation. The only problem is, our credit is not the best, though we are in the process of repairing it. Please offer some creative solutions for raising the money this month. If we were able to secure an additional $3,000 to add to our income, we can still have Christmas this year. We are not concerned about buying a lot of gifts as much as just enjoying the holiday in our new home.
2007-12-04 02:36:42 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Please offer any suggestions you have for raising money for this month. We'll be fine at the new year. We just need to get over the hump of December. We want to enjoy the holidays, not so much through gift giving, but through peace of mind and lack of stress. Every ounce of our earnings are going toward fixing this problem.
2007-12-04 02:47:05 · update #1
Let me clarify once again. $3,000 is not petty money to go out and buy Christmas gifts with. We are looking for funding sources that will help us survive out the month. With the $3,000, we still will not be buying Christmas gifts. This is not a situation we asked for. We can afford our home, but 4 months with half an income has run its toll and now we're playing catch up. If you know of any sites that we can go to where we can get a short term loan, please let me know. I appreciate the suggestions I've already received.
2007-12-04 02:52:44 · update #2
You might want to look at www.prosper.com. That site looks to be ideal for short-term loans at interest rates lower than what you'd find at a bank. Clark Howard has even talked about it on his radio program.
2007-12-04 02:44:51 · answer #1 · answered by Honky Kong 4 · 0⤊ 0⤋
You mention having Christmas - figure that Christmas this year will be modest. Consider the house as your gift to each other. If you have kids, keep the gifts under control. Depending on their ages, you might get out very cheaply there. As to family and friends, let them know now that you won't be exchanging gifts this year - they know you just bought a house, and most of them probably know about the layoff, so they shouldn't be surprised - they might actually be relieved, since gift-buying is often out of hand.
Contratulations on his getting a new job, and getting into a position to get dug out from under all the bills. Good luck.
2007-12-04 02:44:13 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Please I will use this medium to advice does who is in need of loan. This Christmas or new year, i will kindly say this with my experience There are many pretending Lender who promised to give out loan, there are scams,becuase I got scam once last week.
Thanks God I find a man called James who introduced me to a company where I got a loan witting 4 days. I am telling you all this because I am a victim, I will not allow same happen to you.
if you really need a legit lender, I will advice you to try Mr. Mark McDonard
mark_mcdonard@yahoo.com . I believe they can help you out, they did it for me. And I believe they will do so for you.
My Advice
2007-12-07 20:42:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Seriously, why worry about Christmas when you could worry about getting your life back together and paying your bills. You have to get your priorities in order. If not, it will not be long until you will be in the same predicament again.
My advice would be to take every dime extra you have and spend it on getting your bills paid up instead of "enjoying the holidays." I know it doesn't sound like as much fun, but in the long run, you will be glad you did it.
Good Luck!!
2007-12-04 02:42:55 · answer #4 · answered by Jazzy, I Miss U Love! 6 · 1⤊ 0⤋
Sell stuff you have, sell one of your cars (you probably have at least two), work as a santa-claus or as a checkout lady at a shop.
2007-12-04 02:40:18 · answer #5 · answered by psychopiet 6 · 1⤊ 0⤋
$3000. would make my Christmas more enjoyable too. You need to get your priorities right!
2007-12-04 02:47:51 · answer #6 · answered by Anonymous · 1⤊ 0⤋
well wat are we gonna do about it
2007-12-04 02:39:34 · answer #7 · answered by bavery42289 3 · 1⤊ 1⤋