Compare Mortgage Quotes

Guest

I am in need of a loan to pay off all my bills and to get a place to live
I could make a payment up to 600 a month.
My credit score is not good at all about 505 Sad

raymond · Posted: Sun Nov 01, 2009 1:11 pm Post subject:

That's going to be a tough one - the only place I can think of that could possibly do it is "https://www.credit.com/ufg/aff/ploan"

Are your bills primarily credit cards? Why is your FICO score so low? Are you missing payments?

[Link deactivated as per forum rules. Thanks.]

chrishot85 · Joined: 09 Nov 2009 Posts: 16 3.30 Dollars($)

Hiiiiiiiiiiiii

As per my opinion you can contact to your ender, he will be help you.

Thanks and good luck..... Smile

gmakerley · Posted: Wed Nov 11, 2009 3:27 pm Post subject:

great response chris...you undoubtedly know lenders who will jump in and take this kind of risk.

msawyer, you will, i'm afraid, have to bite the bullet. i don't think you'll find any lenders willing to run the risk of granting your request.

kbkevin2009 · Joined: 28 Jul 2009 Posts: 68 17.69 Dollars($)

msawyer,

Considering your situation, no lender will be interested in working with you... Your credit score is too low and as you mentioned you can pay $600/month, that shows that you don't have such a great income... You should be patient and should work on improving your score... Try to bring your score above 620, so that you can go for FHA loan...

All the best

[Link deleted as per forum rules. Thanks.]

gmakerley · Posted: Sat Nov 21, 2009 2:42 pm Post subject:

the possibility exists, i suppose, that you could obtain a cosigner (family member) and thereby qualify for an fha loan. in that case, all income would be considered in determining what you'd qualify for. if that's a possibility, discuss it with your family members to see if it's viable.

riseabove · Joined: 09 Nov 2009 Posts: 277 11.01 Dollars($)

Looks like if you can't find someone to jump into the laon with you you'd better start looking at credit repair options and look at how you can start getting that debt under control.

You might want to look at your situation in two steps:

1. consididate or settle your existing debts via a debt consolidation, debt settlement or other similar program.

2. Use the savings created by step 1 to fund a deposti on the place you want to live. Granted it'll take you a while, but while you're saving you can also work on improving your credit. Make regular payments on your consolidation loan (if you get one), get a secured credit card and use it wisely - that sort of thing.

Hopefully in a year or two you will have a little cash in your pocket and a better credit score. You may then qualify for a homeloan and could possibly roll any remaining consolidation loan balance into it, saving you some interest there as well.

small steps msawyer, and keep your eye on the long term - you'll get there.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1