You just refi with hfc a few months ago and did not have enough to pay the bills so went to a loan company and they want to refi can I the house is 96000 and they will give me 111000 to pay bills?

Answer 1

It sounds like you need to take care of learning money management skills as soon as possible. Set up a reasonable budget. My guess is that your income is much less than your costs. You need to figure out what you need to do to live within that boundary or you will always be short of money. You may have to give up the cell phone minutes, cable, new clothes, entertainment, the newer car, or whatever it is that is causing your spending to be so out of whack.

Rather than going for another loan, it might be worth getting credit counseling from a reputable company and solve the issue.

Many people are going to be seriously upside down on their homes since the refinancing boom enabled them to use the equity as a savings account. That is because the property values are fluctuating.