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 janiehold
Joined: 10 Mar 2010
Posts: 1
1.00 Dollars($)
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 Posted: Wed Mar 10, 2010 5:42 pm Post subject: personal mobile home loan |
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I haven't any mtg's! Live in a 5*park in mesa, az.
My fica is destroyed was 775 now about 560, due to debts owed by my deceased husband, his income for his life time was approx. $5.700 per mo. Which i did not receive!!!!! Took money out of ubs, tried to pay off loans (as my credit report will show), lost over $100,000 in the mkt. I am not delinquent with my debts! Income primarly is ssi $1158.00 and a promisory note of $304 per mo.
I would like a personal loan & giving the title to my mobile for a short time. Pd. 57,000 + $10,000 for upgrades, today's mkt it would sell for $39,000. I would like a small loan of $3500.00 to pay off $1500 car loan/$600 cc/$900 car ins., and of course i would like a long term loan for smaller payments. I should be able to pay off this debt within a year...hopefully.
My title is the collateral!!!!!! |
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smithsussane
Joined: 18 Sep 2008
Posts: 5825
Location: Alaska
256.25 Dollars($)
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| Posted: Wed Mar 10, 2010 8:29 pm Post subject: |
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Hi janiehold!
Welcome to forums!
If you have a free and clear property, then you can use it as a collateral to get a loan. However, as you've a credit score of 560, lenders won't be ready to give you a loan. In case, if you get a personal loan, the lenders would charge you a high interest rate. If you feel that you would be able to afford it, then you can go for it.
Feel free to ask if you've further queries.
Sussane |
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JOE ANN NIEHOLD
Guest
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| Posted: Thu Mar 11, 2010 7:47 am Post subject: TITLE LOAN |
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| JUST FOR MY INFORMATION WHAT WOULD BE THE INTEREST RATE ON $3500 AND THE PAYMENT. JOE ANN |
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Jasmine
Guest
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| Posted: Fri Mar 12, 2010 12:20 am Post subject: |
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| The interest rate would depend upon a lot of factors. For example if you do have a good credit score and have lots of negative items on your report, then you won't be able to get a good interest rate. You should get in touch with a lender and get pre-approved for your loan. This will also help you know the type of rates that you would get. |
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