Category Archives: Credit

How can i get a home equity loan or line of credit to pay off debt,i have delinquent payments on some accounts

Posted on April 16, 2010 by admin

myohmysjb63 asked: I was recently divorced, my daughter is in college. I fell behind on some payments on my credit cards in an effort to support my daughters educational needs. I have two homes with approx. $70,000.00 worth of equity. … Continue reading →

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I am applying for a home EQUITY LOAN how does that differ from a regular mortgage & does experian look at it ?

Posted on March 21, 2010 by admin

ANDY777 asked: I am applying for a home “EQUITY LOAN” how does that differ from a regular mortgage? & does experian look at it the same when calculating there “credit scores” ? ( I know they look at “EQUITY LINES … Continue reading →

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Home Equity loan with Co borrower with low credit score?

Posted on December 8, 2009 by admin

dani6121981 asked: I applied for a home equity loan but was denied because of debt to income ratio. I reapplied with a co borrower and this doubled the income. My credit score is 720 and the co borrower’s is only … Continue reading →

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Can I even get a home equity loan wiith a credit score of 630?

Posted on November 17, 2009 by admin

caffeinespike asked: I am looking to consolidate/ pay off my bills with a home equity loan but I only have a credit score of 630! I am afraid that the credit inquiries will LOWER my score more if I am … Continue reading →

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does anyone know if or who will give a home equity loan or LOC if you have been in your house less than year?

Posted on October 2, 2009 by admin

Gregory asked: Just bought home in distress. FHA Loan. Appraised 410k, owe 300k. Need to pay commission to broker who found it for me and need equity to do so. Anyone aware of a lender that will let borrow equity … Continue reading →

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should I buy a car with a home equity loan?

Posted on September 25, 2009 by admin

Justin M asked: Should I buy a car with a standard loan or with a home equity loan?LAVERNE

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Can I transfer a home equity loan from my bank to a credit card offering a lower APR. My banks says no?

Posted on September 17, 2009 by admin

Matthew C asked: Is it possible to transfer my home equity loan balance ( $10,000 at 8.25%APR) thru my bank to a credit card with a lower APR ( say a Balance Transfer Card at 1.9 % APR for 18 … Continue reading →

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My credit score is 500 and i need 10000.00 to pay a debt ,any suggestions other than parents or equity loan?

Posted on December 7, 2008 by admin

Brian E asked: i was unemployed for 15 months and a friend loaned me 10000.00 to keep me going . I am back at work but i need to pay back this debt and now my credit ***** because both … Continue reading →

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Home equity loan a good option to pay off bad debt?

Posted on November 26, 2008 by admin

bejewell asked: We have terrible credit and would like to pay off all of our debt and start fresh. We own our home and have probably about $40,000 in equity. We’d like to refi the house, take the equity out … Continue reading →

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Denied an equity loan. Don’t understand. Help?

Posted on November 13, 2008 by admin

curios_liz asked: I applied for a home equity loan so I can consolidate my debt. I was asking for a lot less than the equity I have for my home available. I was denied because the bank said my DTI … Continue reading →

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