The HUD group has long been known for their advice in this area, and they have a great set of resources. You can find them at http://www.hud.gov/buying/comq.cfm
Yes, a bad credit report can cause you to be either be declined for a new home purchase or to have a higher interest rate. Either way, a poor credit report can make it more expensive or impossible to purchase a new home.
A bad credit mortgage is sometimes called a sub prime mortgage. It is for people with low credit rating who wish to purchase a house. Due to the risk of lending to such people, the rate will be slightly higher.
if you can afford it.
Hell NO! thats simple
A truck can be purchase in North Dakota at Ryan Chevrolet. They offer new and used truck for anyone has credit, no credit, or bad credit.
land contract -sort of like renting but the money goes towards the purchase and it's usually simple interest
People who pay for everything in cash have no credit.
Consumer credit can be considered to be a complicated work of art. When a credit purchase is made it affects the credit score. Having good credit is essential to making huge purchase such as a house or a car.
One can purchase a credit card with bad credit by making an application to the following companies: Vanquis, Capital One, Aqua, Barclay Card, Luma. One should note that interest rates might be higher than usual.
Yes there is one book called "Living Well with Bad Credit," which goes into detail about how to deal with bad credit to achieve things such as buying a house, start a business and get a loan with bad credit.
It is almost no way in order for one person with bad credit to purchase cars. However, in some cases, it is still possible for some one to buy cars with bad credit.
Someone with bad credit can purchase an investment property by finding a co-signer with good credit, saving for a larger down payment, or seeking alternative financing options such as hard money loans or seller financing.