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Debt Financing
Help- credit card debt!!!?

First CUT UP THOSE CARDS!!!!! Next you need to try and cut down the debt. If possible refinance and consolidate- though I see you have a Debt Consolidation Loan... so if you can, do it. If yo...

What should I do about my debt?

If you are current on your credit card payments, your creditors have zero incentive to offer any type of settlement.....This is why debt settlement firms deliberately let your accounts default...to...

Are you debt free/ on top of your finances? How did you do it?

I don't know if I would say I was in a *bad* situation, but things were starting to get out of hand. It's like I woke up one morning and saw that I had more debt than I realized. I crea...

Why is debt a comapratively cheaper form of finance than equity?

Hey, just bringing this old question up for a vote. If you have not found the answer you are looking for, please, feel free to use one of the following links from my personal collection: ...

Why is debt a comparatively cheaper form of finance than equity?

It is cheaper for the company in two respects. First the interest payments from the debt is a business expense and is tax deductable. Dividend payments on equity is not an expense item and is not ...

What debt product could I use to finance the purchase of a car?

a personal loan will be higher than if you get a secure loan and let the car be the security!!!

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What counts as debt in the Debt management ratios?

You're in deep water here. Rewarding employees through share-based compensation is a common business practice. Share-based payments are classified into three categories: 1) equity-settled, ...

If a relative dies no will or estate, no finances to talk about but has a debt on their credit card, who pays?

As long as no one else is on the account, slam the door shut on the debt. Do not encourage the debt collectors, just tell them the person is dead, don't call us. The credit card companies ma...

Best ways to get out of debt?

Write letters to the credit agencies and demand that they check all the negative reports on your statements. By law, they have 30 days to verify or the reports get dropped. That can help. Other tha...

How can I deal with my credit card debt?

For buying a house Credit History is much more important than credit score. Often, the lack of credit history is equated with bad credit. You should be aware that lenders will go through your credi...

Opinion on girlfriends debt?

She has caviar tastes on a McDonald's bufget, in my opinion. IF she can get financing at all (auto loan companies are loathe to lend money to people with auto reposessions, can you imagine......

Bankruptcy 1999 Ch. 7. Car financing now? Autoscores?

I would think you'd get good financing. I'm not sure what you mean by kind of financing though. I just know that there is always someone willing to give a car loan. I have a few cred...

Elective Surgery Financing???

Try Care Credit, www.carecredit.com They helped me out! Good luck!

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Mortgage Debt to Income Questions/Advice?

Just make sure your lender is NOT using a subprime company that has a DTI limit of 55.49%. You don't need that, and it wouldn't be much of a benefit since their rates are very high. A...

Will a debt counseling affect my credit report?

I run a real estate title agency. The Mortgage Broker's I've spoken to have one answer to that. Dont' do it. Even tho you eliminate debt and multiple credit accounts which should ...

Debt Consolidation or Bankruptcy?

I suggest you both get on a plan to get out of debt. Him filing for bankruptcy won't help you both get a house and debt consolidate or relief programs can look like a bankruptcy. He needs t...

Can anyone advise me about how to get debt written off without going bankcrupt.I am with a finance company on?

Hi there bankrupcy looks like the solution for you. A dmp will take years and years to pay off, an iva not viable because of income, therefore bankrupcy would wipe the slate. As said you would not...

Should my fiancee and I pay off our credit card debt before we purchase a new home?

I'm going to make a guess here.... You are being offered a mortgage with a fairly decent interest rate....and in "several" years, they are going to increase your mortgage interest...

100 % Financing Mortgage Interest rates?

You're getting a good rate for a 100% ltv loan- especially without PMI. Low 6 rates are for 80% ltv loans on a 30 year term. Make sure it is a FIXED rate for the life of the loan so you don�...

Why do dot com companies finance in the form of convertible debt? Is this a good idea?

well always convertible debt is a good idea because it is much easier to handle in case of a default.

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First time home buyer financing question?

If you have a checking acct, the bank where you currently bank. Ask to speak to a loan officer. It is best to be pre-qualified before you make an offer on a house. If you pre-qualify, you fill o...

550 credit score need financing for 3-flat unit?

Under current conditions, I would suggest that you use some of the savings to pay the remainder of your cc debt. That will raise your score. Because of the number of defaults nation wide, you may ...

Any one get approved for auto financing with bad credit?

Auto finance is what I do for a living and with the scenario you describe there should be no problem getting you approved. Your score is sub-prime so the interest could be higher then you like, ...

In debt n need advise plz plz help.....?

go bankcrupt then will all be cleared off you wont owe anything dont take notice of people on here that say you cant because i know you can.nothing they can do to you also everything will be paid o...

When applying do they use debt ratio or credit score?

Actually lenders look at both. If your score is sub-prime (under 640) You most likely will not qualify for a second open auto without a co-signer. If your husband credit is not bad just limited, yo...

Financing decision question?

Yes

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How can I get a debt consolidation loan? Everybody's turning my husband and I down for too much credit!?

Hi friend getting loan is one of the fighting challenge in our life.Go to different banks if you are denied at one bank.Don't ever rely on the online loan providers sometimes they wil surely s...

What is the best type of construction loan/permanent financing?

Most lenders will not like the fact that your husband will be acting as his own general contractor, even if he is very qualified. If he has a friend who could be the contractor (at least on paper)...

How has leveraging debt helped you create wealth?

Levering is where you borrow to invest. For an investment property you could borrow perhaps 70% of the value of the property. If the property goes up by 10% in value because you only put down...

$Savings & $Investments vs. $Credit Card Debt?

With $30k in credit card debt paying $600 per month, it will take you over 12 years to pay it off! Not only that, but you're paying over $20,000 just in interest!!! The best thing to do is...

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