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need to pay off credit cards before buying a mobile home

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Icon Mini Profile Capri200083





Joined: 13 Mar 2009

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Post Posted: Fri Mar 20, 2009 6:56 am    Post subject: need to pay off credit cards before buying a mobile home
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I have about $16000.00 in credit card debts. I want to purchase a mobile home. I need to borrow 20,000 in order to pay off my credit debts I need a low interest rate and 20 to 30 year loan. If I could get this with close to $100. monthy would be great. Can you help asap.
Joanne thank you for your time
Icon Mini Profile gmakerley
gmakerley
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Post Posted: Fri Mar 20, 2009 8:07 am    Post subject:
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joanne, i am afraid you won't be able to find someone who could give you a personal loan for a 20 or 30 year term. even the most liberal of lenders would choke on that.
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Icon Mini Profile devidas_padir





Joined: 01 Mar 2009

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Post Posted: Sat Mar 21, 2009 3:53 am    Post subject:
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It really is difficult for such a long term. What option I see, is to wait for the time till you save on the installments you would be saving and take a small amount of personal loan that you can afford. Both these options cummulatively will help to pay off your credit cards.
Icon Mini Profile Garysnober





Joined: 17 Mar 2009

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Post Posted: Tue Apr 07, 2009 8:59 am    Post subject:
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Hi, Yes it is going to be near impossible to get a loan for 20-30 years. Most only offer 1 year is the most common and ive seen the most is 72 months or 6 years.
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