Yoli asked:
Lenders are turning people down that have never been late on their mortage, have fico’s in the 600′s, have owned their home for more than 2 years. In the past you could refinance into another loan even if the credit wasn’t the best and you didn’t have 3-6 months worth of mortgage payments in the bank. For those who say these people shouldn’t own a home, I ask what would you have done if no one would’ve given you a chance? Would you have been able to get what you needed or get where you are? Lenders are looking out only for themselves and their investors, but some middle ground must be established. Does anyone have information on what consumers can do to really pressure the government to step in and work something out with the lenders.Are there any organizations pressuring the government to step in and help people that are currently in homes with adjustable rate loans that are going to go up 2-3% raising their payments by $800 or $1000 per month?
I am not suggesting a bail out by taxpayers. I am asking that the government intercede to pressure lenders to come up with a solution
on homeowners behalf.
RUSH
msc44 asked:
I want to get a frequent flyer credit card but I already have 3 credit cards with generous limits. I don’t need these credit cards and I would like to cancel them and have this possible credit to go towards the new card. I heard once that canceling a credit card has a negitive effect on your credit score. Is this true? If so, how do I switch credit cards and avoid affecting my credit score in a bad way?
ARCHER
Keelysmommy asked:
Someone I know recently filed for bankruptcy not even a year ago. And she throws it in my face that her credit score is higher than mine and that she can get a house and I cant. I dont have anything wrong with my credit score and never filed for bankruptcy I just have a couple credit cards. Really how long does it take to increase your score? And dont banks look down on people that file?
TOTH
sunshine asked:
I am a new teacher in TX and was told that the 403b plan could help me pay off my credit card debt. I was told that the tax taken out of my income could be used to help me pay off my debt if I invest it in the 403b plan. I am clueless about this. Any help is appreciated, thanks in advance.
OLEARY
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Brooke E asked:
I have really poor (like a score of 520) credit that I established when I was like 18 and 19 years old, I am now 26 and I want to get a small loan for like $5,000.00-$10,000.00 to pay off some of my debt and get caught up on my bills. I am a single mother of 2 and I need to figure something out. I have been at the same job for 2 years so it’s not like I am just sitting on my butt trying to get money. Are there any legit companies out there that will help me out with getting a loan? I would appreciate any advice that is given.
HARP
Kristi A asked:
I’ve applied in the past like a few years back for various dept. stores and was denied. Ive since quit applying for them and my credit score has risen as well. My credit score is better now in the mid 6′s. What are my chances of getting a credit card with anyone. Ive never had a credit card before can i get one now with my credit score?Who, why, what , when and where?
PROCTOR
jade u asked:
I’m trying to boost my credit score and there are a veiw cards that i have that i no longer want can i cancel them and have the credit comapany bill me, and will that help my credit score? the cards or dillards, visa, and mastercard. Help!
CULPEPPER
