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Can a get a mortgage while i am with debt finance or with bad credit record? |
Can a get a mortgage while i am with debt finance or with bad credit record? You can, but you'll probably end up with a higher rate than others with a good credit record. If that's okay with you, look for a company who will lend to people with low credit scores. Very hard to get . Where possible your repayment rate would be very high Please be more specific. It really depends on the numbers and the amount of the mortgage. No. Banks won't touch you with bad credit history. IT WILL BE VERY DIFFICULT TO GET A LEGAL ONE, YOU CAN GET DODGY ONES BUT YOU WILL PAY A LOT MORE. How will you pay it back or get the mortgage deposit? There are a number of firms who may be able to help. Kensington Motgages are one. You do pay a bit more in interest but maybe by only 1 - 2%. They took me on when I had CCJs and about 拢35k of debt. I'm self employed so it was also self-certified. |
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Debt usually involves loan and debenture. The advantages of debt finance from the view point of company are: 1It does not dilute the shareholders right means it does not give right to the lender... looks good to me ...Dude you need to get on a money plan - generally a consolidation loan will get you further behind because you will go into more debt later. Your issue is spending more than you bring in - so solvi... Not really an option for you. The bottom line is you have to pay down your existing debit to lower your DTI. Sorry! ...Idle threats - ignore them, they are just trying to scare you. No actions by any party in a 6 year time period invalidates any claim that they may have. ...They will put it as a write off, then sell it to a collection agency who in return sell it again. They do this to keep it active. They can sue you and it doesn't matter where you lived or live... so far no one has actually answered you question in full. When Wall Street refers to cheap debt they are not speaking about it in the way most every day joe's look at debt. Companies routine... no they cannot, only the lender with the lein on the car can repo it as far as i know ... |
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