I have been in debt for 6 years abt £2,000 & over maybe, what is the worst that can happen, shall i not open the door? cuz i heard they cant do anything,
Tags:6 years, amp
Greed?
Collapse of world trade centers?
Outsourcing of jobs?
Buying mainly foreign?
Gas prices?
Poor business practices in variable rate home loans without forgiveness?
Conspiracies?
Love of may grown cold?
Personal debt such as credit cards?
& would you agree there are plenty of things to go around… people willing to work & provide services if jobs existed… people willing to attain education if available… schools with openings for students if finances available… plenty of houses… plenty of food… plenty of manufactured goods… plenty of everything except money, cash, denaro, dollars, coinage, liquid funds… but everything else, plenty of? Plenty of resources, Plenty of water, minerals, land to farm, air to breath… etc.?
What do you say? Is it merely a dollar shortage, or how is the whole thing as you see it, in layman’s terms? & can it be corrected by proper reorganization in a way which can benefit the greater good of the people?
Can thinking outside of the box & coming up with new & creative solutions benefit the greater good of the people in any way at all? If possible, what or who will be the greatest opposed?
The reason I ask, is because good communication creates good solutions… please discuss.
Thank you.
I have a credit card with US Bank that is in their collections dept (not an outside agency). I have been paying thru a debt consolidation program a month.
Problem: While I was being set up on the program I incurred late chrgs & overlimit fees totaling 8! Now on my credit report it shows me being 30-45 days past due because of this 8 I have contacted the US Bank personally and they stated that my due date is the 20th of each month (problem here is that I get paid on the 15th-my payment to them is taken out on the 17th-and the program mails the payment to them 5 days after it’s deducted from my account so around the 23rd my payment is recieved by US Bank)-thus according to US Bank making me late each month causing my CR to show 30-45days late. US Bank will not change my due date while in collections and in order for me to get it back to the regular cust svc dept I have to be pay off 8 to be current in order to change my due date, but I can’t make a lump sum pymt
Has anyone experienced this. I want to be current with this company (they are the only company that will not compromise) Any suggestions on how I can handle this. I just want to be current with them but they are no help
I have a 0,000 home with 0,000 in debt (currently 75% LTV).
I have just under 0,000 in revolving debt (a lot on credit cards, had a bad business venture).
I have a verifyable gross monthly income of ,500.
FICOs around 700.
I basically want to get a loan for 0,000 so all my debt is in one single loan. I will not have any other debt after doing this? The problem I see if is I analyze by debt to income BEFORE the loan, there is no chance, but AFTER the loan, I fall well within the guidelines.
The debt I need is 0k and the payment is simple to calculate using P&I. Don’t see the problem calculating numbers.
I have checked the max amount and I fall within the guidelines.
I guess my main question is whether they will consider debt to income ratio before or after.
If it is after, and I get about a 6.5% loan, my debt to income is 30% which is within their guidelines. HOwever, if they assess it before the loan, my debt to income is close to 50% which would put me out of range.
Tags:75 ltv, amp, bad business, business venture, Credit Cards, debt to income ratio, revolving debt
Ok. I think I asked this on the wrong board…I asked on Marriage/Divorce & got lots of people telling me not to do this. It isn’t about if I am going to do this…I AM going to do this…I just want advice about protecting myself as best as I can while I am doing this…so will try it on the legal page. 
Ok. My husband I just separated. We are selling our expensive home. He moved into a free-rent apartment (long story, but it’s free) I started a business recently, so I cannot qualify for my own home loan because my bank requires 2 years of self-employment history for that to qualify. My husband has agreed to help me take a loan for a home for me and the 4 kids. We are going to marriage counseling and not really sure if we will make it or not make it. The new house is nice enough that if we got back together, it’s a decent place, but if we don’t it’s affordable for me on my own (with child support of course).
The bank said they’d just put his name on the loan because my income doesn’t qualify yet. Both of our names will be on the deed. My husband said if we did divorce down the road, then all he would ask is that I help him get a loan (I’m the better business minded part of the couple) for his own place. BUT that could be awhile, since my income won’t qualify for a loan for another 1.5 years.
My question…I think I should have a legal document prepared that says something to the affect of…he is helping me get the loan, but I am using MY savings for the downpayment, I will pay all closing costs, and I agree to repay it. In return, the house is 100% MINE if we split…I don’t repay anything. He can’t kick me out or get a cut. Is this legal to do?
Please help. I can’t get a loan without him and rent for a 4 bedroom house will cost me at least what I will pay on a mortgage and will be a less nice place for me and the kids and am trying to make this easiest for them all around. I want them to have a HOME, not just a house.
Any help is greatly appreciated!!
Oh,and, I don’t plan to default or back out or ruin his credit. I am a mother of 4 and a pretty responsible mother of 4 at that. My bills are always paid on time, and separating from my husband won’t change that. If I have to get a couple part time jobs to make ends meet, then I have no problem with that.
Thanks. Yes, I will consult an attorney. I don’t have bad credit at all. My lender told me that when I called to get pre-qualified, so she hadn’t even checked either of our credit yet. She said she CAN add me to the mortgage, but if I have to help him get a loan down the road, I thought maybe it was better if one of us wasn’t on the loan. But I don’t mind being added. Thanks!
I want to buy my home but my credit score is 446 so I have been referred to a credit repair agency for help. But because I have so many outstanding debts, some very old & some new, the estimated price for their service is 00. Yes, I have tried this process on my own but it takes too long, Should I just go ahead & pay for their service so I can buy my home?
Tags:amp, Credit Repair, credit score, outstanding debts
I’m 21 years old and my previous relationship left me in some debt.
A maxed out credit card of ,000
Old Navy Card 0.00
Verizon cancelled serivice and bill 0
At&t Cancelled service and Bill 0
Dish Network 0
Delinquent bank account of 0.00
So with all of this.. I don’t want to file bankruptcy but I have got to find a way to get this paid off and I dont know how.. help
Tags:amp, bankruptcy, credit card, dish network, maxed out, old navy, relationship, verizon