Yes. The government has an inusred mortgage program called FHA. If you have paid off all collections and are at least two years out of bankruptcy, you may qualify for this type of financing. The Victory Financial Group has specialists that deal with just this type of situation. There are also many credit repair specialists that can clean your credit and delete bad records withing months for a minimal fee. Check out www.vfgllc.com or www.creditphysician.com or www.mortgageratesolution.com or www.vabankloan.com
To qualify for debt mediate you would work with your credit counseling organziation. They in turn will work with the creditor to see if they are willing to negotiate.
Many different types of debts qualify for consolidation, including credit card debt, store card debt, personal loan debt, utility bills, and so forth.
A credit counseling agency is a good bet for anyone who is struggling with debt, no matter how much debt is on the books. The service they provide if only advice is good and sound.
If you are being sued by a credit card company can they take your house?
Most debt consolidation companies advertise that you need $10000 in debt. There is actually no real amout, but less than $10000 and you are generally advised to pay it off yourself to save your credit.
You cannot take any credit card debt or interest as a deductible on your taxes. Credit card debt is considered personal debt and does not qualify for tax breaks.
One can qualify for Toyota Motor Credit Corporation if one has no debt, has owned cars previously, and have a good FICO score. One can inquire about Toyota Motor Credit by asking at local Toyota stores.
Medical debt does affect your overall credit score. However, when buying a house or car, most of the time medical debt is not factored into the equation.
You can qualify for a mortgage with a bad or poor credit rating at your local bank or credit union. You may have to do certain things such as eliminate all other forms of debt you currently have or finding a co-signer first though.
You have to, it is a debt...it is just a secured debt...by the lien on the property.
For example, if your score is 600 and you have three credit cards with a house, your score may not change much because you are just exchanging one debt for another. The longer you pay on any debt, can help you increase your credit score. Increasing your credit score is a time sensative project.
Companies that specialize in Christian debt services are Christian Credit Relief, Trinity Credit, Family Life Credit and Christian Credit Consolidation. Another company that provides this service is Family Credit.
Yes, the house will probably have to be sold to pay off the credit card debt if there are no other assets. The alternative might be for those that live there and are to inherit to take out a mortgage and buy the house from the estate for the amount of the credit card debt and pay off the credit card bills. This would eliminate the credit card companies placing a lien on the house and allow them to get clear title.
Your dead spouse's estate is responsible for the credit card debt. In practice, this may amount to "you are responsible for it."
depends on how you use the word credit. So the answer is yes, for one usage. Another opposite of credit is debt.
Use a credit restoration and education provider. Another idea would be to use a service that matches you with credit cards that you qualify for. +++ But would you really want to live in permanent debt? If you go down that road you may find it harder and harder, and more and more expensive, to obtain loans in future.
A consumer's responsibility for a debt is a separate issue than credit reporting. If you owed a debt 5 or 6 years ago, and never paid it, you still owe it. There is a statute of limitations for how long a debt can be collected, another for how long a consumer can be sued over a debt and another for how long a debt can show on your credit report.
Yes. It shows up on your credit report as a co-signed loan. The up side is you will receive credit for a good loan on your credit report. The down side is if you apply for credit they will usually count that debt as yours since if the maker does not pay you are responsible and if they use any type of debt to income ratio to qualify that will increase your debt %.
It is balance transfer.
He was in debt because of the house. This is a sentence containing the word debt.
no credit card debt is unsecured they do not normally go after you home but it depends on which state you live in, they can file a lawsuit to collect the debt, which can turn into wage garnishment.
You must have both a good credit score (600 or more) and little or no debts, you may qualify for a Barclays credit card. There are different categories that allow you to qualify for a Barclays credit card, which can be helpful for people with high credit scores but low debts or people with average credit scores with low debt. Remember that you might be denied a credit card even if you have a high credit score, due to high debts.