Comments on: Auto Loans Bad Credit Online – an Easy Route to Get a Vehicle Despite Inadequate Cash

By: choseluv

choseluv — Thu, 06 Aug 2009 19:18:52 +0000

Hi,
I used "Credit Solution" to settle my home loan and auto loan.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
http://shortlinks.co.uk/4cl

By: Jared K

Jared K — Thu, 06 Aug 2009 15:41:57 +0000

With that much equity, any lender can take your loan easily even you have a bad credit. There are many lenders out there who can give you a different loan program. Regarding your problem, the only chance to get rid of their names is to either refinance the house or sell it. But if you ask me, I'll take the first option because it's hard to sell houses nowadays. If you refinance your house, you can easily get an extra cash out up to $100K, and the bank will be happy to provide you that amount. To get rid of your brother's name and his wife out of the title all they need to do is to sign a quit claim and your lender will do all those stuff, all they need is to sign it.

By: mb

mb — Thu, 06 Aug 2009 07:30:36 +0000

Yes actually. Making an application for credit (aside from promotional offers banks send you) lowers your score.

This is because inquiry into credit is somewhat correlated with credit problems, so banks will become more cautious with you (charge higher rates) if you do that.

By: becky f

becky f — Thu, 06 Aug 2009 05:45:23 +0000

Talk to the bank, but I don't think you will be successful. Do NOT look into a reverse mortgage, they are a scam@

By: wise investment

wise investment — Wed, 05 Aug 2009 03:59:30 +0000

equity

By: Shannon!

Shannon! — Tue, 04 Aug 2009 10:51:24 +0000

She should attempt to improve her credit score first. Sounds like she has some ideas running around in her head, but no real plan or info. She MUST get a copy of her credit report and start working on it. I recommend that she go to a service like CCCS if she cannot afford a credit counselor. There are lots of things to do to fix your credit, first she needs to know if there is anything on there that does not belong to her. Sometimes other socials appear on credit reports and bring the score down, you can have these removed. Many people that hold debts will allow settlement for pennies on the dollar if the charge is old and they just want to make money back. After 7 years of something being on your report, you may have it removed, but REMEMBER that the ONLY THING that needs to be done to keep that debt "fresh" is for you to inquire about it, or for the company you owe money to to re-report it- THIS is something you'll need the help of a credit counselor for… they know how to read this off a credit report, and she probably doesn't. The final option is to start paying things back (if they are new debts, not close to that 7 year mark). You should ALWAYS be paying off whatever has the HIGHEST INTEREST RATE FIRST.

AFTER all this, IF she can re-fi for a decent rate, be sure NOT to get an adjustable rate mortgage!!

By: Just Wondering

Just Wondering — Mon, 03 Aug 2009 19:46:49 +0000

It doesn't sound like you should be turned down. Unless your debt to income is bad. Debt to income is the amount you bring in vs. the amount you pay out in bills. If a lender feels that you are currently unable to pay your obligations, they may not be wililng to take on your loan as a refinance. If this is the problem, you may need to talk to lenders about consolidating your debt with your refinance to lower your overall monthly payments. Since your credit score is good, this should be an option for you.

By: Simsim

Simsim — Mon, 03 Aug 2009 18:44:43 +0000

Maybe you'll find there : http://index-go.com/bad-credit-finance-mortgage.asp

http://index-go.com/debt-consolidation-refinance-loans-mortgage.asp