I need a bank who will refianance me or offer a credit line. I will have my house for 1 year In may?

I need a bank who will refianance me or offer a credit line. I will have my house for 1 year In may and I currently owe $ 542,865.76 and country wide is saying It%26#039;s estimated for $ 581 and another bank Is saying $561 any suggestions on what I can do b/c I%26#039;m super In debt with credit cards.

I need a bank who will refianance me or offer a credit line. I will have my house for 1 year In may?commericial loan

Unfortunately you might not be able to do as you want at this time.

You might have more mortgage than you have home as indicated by what your Countrywide and another bank has told you.

Not only that you probably have an added weight of a pre-payment penalty, which in your case is probably two years in duration.

There is not lot that this or any other forum can tell you.

About the credit cards you must take care of them someway, credit counseling might be a way. Check out all avenues available to you. When you go to those counseling bureaus or companies the mortgage industry almost count it as declaring bankruptcy for the purpose of getting a loan or refinancing.

Call your card companies and work out something with them. You might have to turn in a few credit cards and keep a few that have the lowest rate. Those that you turn make arrangement to pay a lower monthly payment.

Those that your decide to keep continue paying them.

I hope this has been of some use to you, good luck.

%26quot;FIGHT ON%26quot;

I need a bank who will refianance me or offer a credit line. I will have my house for 1 year In may?

loan

Please be careful. Loans can be very complicated and disclosures not what they should be. Watch for extra fees that are rolled into your loan, penalities for paying off your loan(or refinancing), a fixed rate for only a fixed time(after which your payment will skyrocket), no variable rates!

Pay off your credit cards and quit using them, please. Up the road, you may have consider selling your house if you can%26#039;t afford living without credit card spending. One year and already refinancing is not a good sign-it%26#039;s a signal for you to pay attention to your finances.

Applying online and getting several offers is not a bad idea. If you get several offers from different lenders, you can compare (I think I used Lending Tree years ago?) Don%26#039;t ever give your SS# out until you%26#039;ve decided they are the lender you%26#039;ll use. Get an estimated settle statement from each to compare. Some of them have very high upfront fees rolled into your loan(Ditech used to have very high fees)And good luck with life.|||Try LendingTree.com|||watch out for a pre-payment penalty... that may be where the difference in payoffs is coming from.

also, if you need to borrow the full equity, you may run into trouble. the subprime market is rough right now and it is having an effect on ALL lenders, even the countrywide (conforming) lenders.

http://www.helium.com/tm/226327

Are there any Canadian credit cards available that don't have an extra foreign transaction fee

I have noticed that Canadian VISA and MasterCard credit card companies alike charge a 2.5% extra fee on all foreign transactions for Canadians using their credit cards outside North America. In the US, CapitalOne cards charge no fees and absorbs the 1% fee presented by MasterCard. The Canadian CapitalOne Cards, however, do not offer this. Does anyone have or know of any Canadian credit cards that have less than a 2.5% extra foreign exchange fee. I have already spoke to a few companies (TD, Citibank, CapitalOne, MBNA, ScotiaBank...) and seem to be getting the same 2.5% response. And whats with the lack of competition between Canadian credit card companies that allows for the lot of them to levy such a stupid fee? (But thats a question for another time...)

Are there any Canadian credit cards available that don%26#039;t have an extra foreign transaction fee of 2.5%?emergency loan

i inquired with capitol 1 where my card is and they said i had to pay 2.5% to convert to us dollars.... what a ripoff

Charged off/Paid/Transfert ?

I had about $15,000 in debt. I started payind the debt in full to the collectors, but a friend told me not to pay all in full but instead settle. I settle for about $11000. I keep checking my credit and on the one I paid in full there is the mention pays as aggreed, and the one settle %26gt;Account chargedoff/paid/transfered. My credit score is about 625. What should I do to improve my credit? I do not use credit card a lot and I thought that buying a car and opening a small visa card%26lt;$300 limit will improve it but so far zero. Since I paid all the debt I keep receiving new credit cards offering %26lt;$300-$$3000 (business CC) limit. Do I have to open more card? I only have my car loan as a debt and my loan officer told me to make monthly payments instead of paying off the car. Do I have to argue with the charge off/transfert/pay collector which according to my equifax complaint says that the original creditor ack the charges are true? I would like to buy a house soon, how will it impact me?

Charged off/Paid/Transfert ?tax credit

You settled the $15K debt for less than the amount owed. The report should show that. It should show a $0 balance, but with the note %26quot;Settled for less than full amount%26quot;. If the account was charged off first, then it will show R9 or I9 and yes it is a negative on your account. Keep making payments on the auto loan, keep the balance on your credit card less than 1/2 the credit limit. It will take some time, but your score will improve.

Good luck!

Anybody heard of my credit quote ?

have bad credit told me it was free credit score.. then it offers me a line of credit and a credit card ... that reports to 3 to companys ... i stoped because it askied for my banking information

Anybody heard of my credit quote ?credot siosse

Personally i never heard of that site. I use Experian.com i believe you pay a fee at first to check your credit score, your history with all the three credit bureaus then if you want to sign up experian to send you a statement every month letting you know of any changes on your credit score. You could also dispute items in your credit in this website. They also send you an email the second someone runs your credit. It%26#039;s a good site and it%26#039;s safe. Check it out and Good Luck.

Anybody heard of my credit quote ? loan

I just got an e-mail from them saying this was my second notice of a change in my credit score. When I clicked the link, it went to a page with old information and wouldn%26#039;t go any further. (I don%26#039;t remember having signed up with them.)

As to credit reports, you can get 1 free per yer from each of the main credit bureaus. It won%26#039;t give you a score, just list your credit history.|||dont use them...

Will it look bad on my credit report if I agree to a settlement offer?

I have a credit card debt. I have been offered a settlement of 60%.

The letter says that once paid, they will consider the account settled in full. What will that look like on my credit report and how will it affect it negatively?

Will it look bad on my credit report if I agree to a settlement offer?interest rate

I am a former financial counselor for a consolidation firm in Orlando so I can answer your question. Whenever you get a settlement offer from a collection agency or a creditor, you have to way the pro%26#039;s and con%26#039;s of your decisions. Two big factors determine your credit score: 35% is payment history, and 30% is overall debt. Based on these two factors, by making a setlement you%26#039;re score will increase somewhat because you are satisfying the debt with that creditor, but may not increase as much as if you paid off the entire debt completely. Score may not be your only concern, because future lenders will see the special status of settlement for this debt which lenders frown upon. It%26#039;s as if you borrowed $100 from a friend and only decided to pay him/her back $60! It satisfies your friend who you owed the money that they got anything back at all, but don%26#039;t go asking other friends for money, you already have a reputation!

So in summary, if your financial situation only allows you to pay a settled amount, then by all means pay it. That collector at least will stop calling your house asking for money (PS make sure to get the offer in writing as described above). But remember this, negative credit history can remain on your credit report for a length of 7-10 years. Or your other alternative is to slowly pay off the debt by making smaller payments. If it%26#039;s with a collection agency, then they probably aren%26#039;t charging interest and you are already used to their collection tactics. You may be able to pay it off sooner than 7-10 years, and remember they will show %26quot;satisfied%26quot; on your report instead of %26quot;settled%26quot; which is much better.

Will it look bad on my credit report if I agree to a settlement offer?

loan

If you can accept it, do so.

But do NOT say yes and fall thru with it.

A Settlement Pay Off is still a Pay Off.

If you mess it up....it will be worse.|||Well it won%26#039;t look as bad as it probably does now, as I am assuming you%26#039;re in default (way past due) or you wouldnt be settling. It should show as “settled in full” once you%26#039;ve paid. It will still be a negative listing, but it will show that you made an effort to satisfy the debt.

The best bet for you would be if you could get them to agree to remove the listing completely, but likely they won%26#039;t. I would take the offer (GET IT IN WRITING) and wait a couple of months, pull your credit reports (annualcreditreport.com) and see what the listing shows. After a period of time you can dispute the item through the bureaus. It is possible to get information removed that is %26quot;unverifiable%26quot;, meaning if they dont respond or no longer have the records then the account gets removed. So yeah I say take the settlement. Good luck.|||First of all a settled account is a good thing, as opposed to a collection account.

If you have not settled yet, make sure the wording is %26quot;paid,satisfactory%26quot; and any reference to %26quot;late payment%26quot; or %26quot;charge off%26quot; be deleted from your file. and get it in writing.

And, in some cases, you can get them to delete the information entirely (as I have done)

e-mail me at farrellhi2000@yahoo.com and I will attach a scanned copy of an actual sample %26quot;creditor settlement agreement%26quot; letter. This letter is important because, If they don%26#039;t report correctly to the credit bureaus, you can send this letter to the bureaus yourself.

Put credit repair scams in one sentence.?

Put this into one sentence.

Credit Repair Scams

Credit repair scams offer to erase accurate negative information from your credit file so you can qualify for a credit card, auto loan, home mortgage, or a job.

The scam: The scam artists who promote these services can%26#039;t deliver. Only time, a deliberate effort, and a personal debt repayment plan will improve your credit. The companies that advertise credit repair services appeal to consumers with poor credit histories. Not only can%26#039;t they provide you with a clean credit record, but they also may be encouraging you to violate federal law. If you follow their advice by lying on a loan or credit application, misrepresenting your Social Security number, or getting an Employer Identification Number from the Internal Revenue Service under false pretenses, you will be committing fraud.

Put credit repair scams in one sentence.?auto financing

Good news!!

They%26#039;re not ALL bad, just 99%. There is one REAL company who actually does it very right. He has been in business 13 years AND NEVER HAD ONE COMPLAINT filed against him, which is unheard of in this scam business

He just lives in the town next to me, but he helps people all over the country. All the people I know of who used him have had their records cleaned...legally...at a very reasonable price (if he doesn%26#039;t clear items off your report, you don%26#039;t pay, and he charges only $50 or so for each item taken off). If you want it done, this guy is the real deal. He%26#039;s a friend of mine. He%26#039;ll appreciate your credit problems and really help you. Here%26#039;s his address:

http://www.redeemyourcredit.com/

Put credit repair scams in one sentence.?

loanHi, I have come across a website called www.scamclub.com which is helpfull to get info about scams ! Thanks Anna Report It

|||You can repair your own credit for free! Dispute dispute dispute! Report It

How profitable is it joining a credit union compare to a bank? Houston, TX Credit Unions members adv

After extensive research, for a friend and me, I found out that Credit Unions are the best places to obtain a credit card, and loans. I live in Houston, Texas and found many options for a credit union so I don%26#039;t know which one to choose in terms of getting a good credit card with fraud protection and all that kind of stuff that a credit card from a bank like Chase have, a saving and checking accounts with no or %26lt; $6 fees on each, and good range on loans.

I know the website that tells me which credit unions they offer here in houston, but I am more interested in personal experience with them and how did they work for you in both short and long terms. Most of the stuff I read has been only to praise each union, but which business doesn%26#039;t do that, so I want to know the good and bad of the union yourself have joined and which ones you recommend.

How profitable is it joining a credit union compare to a bank? Houston, TX Credit Unions members advise preferannual credit report

I belong to a credit union and the interest rates are great on savings and CDs. The interest rate on loans is unbelievably low. My son and I (he was 19 at the time and living at home) both had car loans at the same time. If he couldn%26#039;t make his payment I could handle them both (though not for long LOL)The only problem, is I can only write six checks a month on that account.

How profitable is it joining a credit union compare to a bank? Houston, TX Credit Unions members advise prefer loan

Credit unions usually have fewer (and lower) fees for their products and services than conventional banks. That%26#039;s because their not-for-profit status allows them to have a different fee structure than a for-profit bank.

It%26#039;s also often easier for members to get services such as higher risk loans, personal loans, start-over credit cards etc. which many conventional banks no longer offer because of the higher risk.

Again, it%26#039;s because of credit unions%26#039; members- only, not-for-profit status. Credit Unions answer to their members. Publicly owned banks answer to stockholders.

That said, one must be a member to qualify - and members with better credit scores get better rates just like banks. On the other hand, they can be invaluable if you are just starting out or starting over in the world of credit.

Becoming a member usually involves meeting some kind of qualification - such as working for a company, government, living in a particular geographic area etc. You will probably have to pay a fee - usually less than $50 - for your membership. There are also minimum deposit requirements etc.|||Always deal with Credit Unions first. They do not have stockholders to satisfy. Many commercial banks are great places to do business with but for lower fees, and higher rates of return with the same safety, go with a Credit Union. And they are non-profit, too.