I was watching tv one night and saw a comercial for some sort of program that would help you do just that. Or is this just a pipe dream? The tv ad also said that people with poor credit would be able to get rid of their other debt. Please help if you can.
211361
Your can buy a house with poor credit owner finace and pay 54% interest and never pay it off its nothing more than a scam.*\n\nWhen you get behind they put you out than turn around and sell it again but they keep you large down payment. Its legal instead of being a sum-lord they or sum financers.\n\nI bought a home through Coldwell Reality last year and the bank they back track your rental and credit history 10 years a house is the hardest thing in this world to buy.
489573
A credit card company will solicit customers to open a new account, sometimes at a lower rate than their current card or cards, and offer to transfer the balances from the customer's old cards over to the new card at some reduced rate.  This sounds like a good idea because the customer gets a lower interest rate and the new company gets a new account (usually with a substantial balance).  The trick here also is that it frees up credit on the old cards and tempts people to recharge on those cards which yes, it does give more available credit, but that is not necessarily a good thing.  In this country most of us are bogged down in credit card bills as it is, and the last thing that many of us need is more available credit.  I will get off my soapbox now!  I just think that credit - though necessary and a wonderful thing at times can so easily be abused, usually by the people least able to afford that and you end up paying thousands for absolutely nothing.  Just be wary and careful.
565592
yes I do that type of loan, How is your credit score? Can you prove your income (W2 etc)?What is the buy back price?Please email me the answer and I will tell what you can get. Johng@oldmerchants.com
464356
Have you checked out Oprah's "Debt Diet"?  I do not have the link off hand (sorry).\nI usually advise clients to do some or all of the following (depending on how far in debt they are):\n1) cut up all but 2 credit cards and use those only for emergancies (also call the companies and cancel the cut up cards)\n2) create a livible budget that you can adhere to\n3) chart all purchases/expenses and see where you can create "free" cash\n4) withdraw only a certain amount of money each week.  That is all the cash that you have for the week - keep in mind any activities that you have occuring said week and spend your cash appropriately.\n5) get a personal accountability partner - someone that you share your weekly spending with (like a list) and will give you additional encouragement/punishment (for lack of a better word) when needed\n6) create a savings account that is only for your "wants" - you can not overdraw a savings account and you can only use what is there.\n\nFor the clients that are seriously out of hand, I usually recommend that they make their account "2 singatures for withdrawal" - that way you are not able to withdraw funds without the second account holder present.\nI hope I was able to help!
169915
I work for a debt management company. I have heard of them they are a genuine creditor. If they are a good company or if that is a good deal I don't know. What they are offering is typically called a pre-paid or partially prepaid credit card. they are very common when you are rebuilding your credit. there are more well known companies that you could go through- talk to your bank, and I think paypal offers one
543357
been there done that. I don't know how legal this is but what the hay.   Anyway, get a credit card from anywhere. Then get another one from anywhere. then get another one from anywhere. The ones advertised in magazines are the easiest. When you have these credit cards, you run them up to a $100 each and make the payments. You do this for three months. Then you look for one of these consolidation offers [usually in your junk mail from any bank] then you consolidate your three cards into one and that will bring down interest dramatically. One word of advice. If you are climbing out of a bad credit situation you have to make the low interest card payments on time and at least two times the minimum payment. You have to do this for one year. been there done that  I now have a 10,000 dollar credit limit. go slow.
502863
I am ever so slowly working on repairing mine. I went from having bad credit to no credit and now I have recieved offers from about 4 different places (two of which are department stores, the other two are regular credit cards), so I am just at the bottom, but I am going the right way! (My bad credit was caused by my getting married too young and having an ex who got me to sign checks that we knew would bounce...I'm just damn lucky I didn't end up in jail!) But I don't know how good your credit score has to be to get one of those home loans. I'm not to that point yet. My personal near future worry is paying off student loans since I will be finishing up a masters degree, so I won't be able to think about a house for a while yet. But it sounds like you (and me) are going the right direction! Good Luck!
217881
It's probably not the answer you were seeking, but I would have to say that infomercials are not the best place to go looking for a home loan. More than likely you will be charged a much higher interest rate than if you simply take a year and repair your credit. Pay off old debits, settle with your creditors and then go find a good lending company. Try smaller local banks first - they will often be more willing to work with you than big corporate banks. Infomercials sell items that seem to be to good to be true for a reason…they usually are.
309401
well you might be able to get nice loans, But I don't think there is free money, unless you count wellfare and unemployment and stuff like that.\n\nWhatever you do, don't buy those stupid books that that hippie with the question marks all over his suit sells on T.V. There are other ways to find out about the opportunities.
632069
I was in the same situation but I'm pretty much out of debt because I consolidated my credit cards.  I'm in a program with Ameri-debt.  If you need the phone number contact me.  They have actually helped me alot and I've gotten a lot of my family members to join and they have felt alot of relief.  Hope I helped.
10097
Either _Total Money Makeover_ or _Financial Peace_, both by Dave Ramsey.  My daughter (21, college student) took the ideas he has and is debt free, no college loans, and has already saved the cash to cover the 2006-2007 year including an off-campus apartment.  It works.\n\nGood luck.
362899
Yes you can it you find someone to help you with your credit.  Go to this web page that can help you.\nwww.fdirep.com/runningover click on the video
266922
I wish that all of us single parents could team up and help each other out... a single parent watches another single parents kids while they work, vice versa... single parents that carpool... single parents buying food in bulk and splitting between the families... even living in the same households if possible... \n\nIf only I ran the world... but since I don't, I can only provide this suggestion that I provided to another person on these Yahoo! answers:\n\nIt would be a wise idea to do a credit check on yourself first to clear up any concerns before hand. Law states that you are allowed one free credit check per year by the three major credit entities --> Equifax http://www.equifax.com Experian http://www.experian.com & Transunion http://www.transunion.com\n\nGive yourself one to two months after clearing up any "questionable" items on your report, if you needed to in the first place. Then go in for the loan.\n\nI would go to your bank to inquire about a personal loan first... but they may have a cap on what you can borrow (for example, $4000 and looks like you're needing up to $7500).\n\nCitifinancial may have a local branch in your area (check them out and see if there is one near you --> http://www.switchboard.com\n\nJust walk in with a copy of your latest paystub, a list of all your monthly debts and what you owe. If you don't have a branch near you, then call them or visit their websites:\n\nCitifinancial http://www.citifinancial.com\n\nBeneficial is another place... very similar to Citifinancial.\nBeneficial http://www.beneficial.com\n\nGood luck! :)
12219
Why ?  Do you not have cash ?  Do you want to have debt ?\n\nStop using your credit cards.\n\n \n\n“People change their lives only when they say, ‘I’ve had it!’” – Les Brown\n\n \n\nThink you can’t exist in the 21st century without credit?  Do you have at least one credit card?  Did you sign up just for the bonus miles or cash back?  Sounds like it’s time for you to perform a plasectomy.  (That’s what Dave calls cutting up your credit card.)  You’ve heard all the lies, now here are a few facts about credit.\n\n \n\nMyth: No on can live without credit cards.\n\nFact: Actually, 24% of American households are getting by just fine without any type of credit according to a Federal Reserve survey of consumer finances.  Try using your debit card or cash instead.  If millions of Americans can live without credit, so can you!\n\n \n\nMyth: Credit cards help me get airline miles, cash back and other discounts.\n\nFact: Yeah, credit cards also help you get into debt.  Consumer Reports say that only 25% of airline miles are ever redeemed – and credit card companies know it.  Earning a few airline miles is not worth thousands of dollars in debt.  \n\n \n\nMyth: I can just pay off the balance at the end of every month.\n\nFact: You’ll be in the minority.  According to CardWeb.com, only 40% of credit card users pay off their balance when they receive the bill.  Plus, overspending is inevitable when you use a credit card.  It’s just easier to swipe a piece of plastic than it is to flash the cash.\n\n \n\nMyth: “Ninety days same as cash” is the smart way to buy.\n\nFact: “Ninety days same as cash” is a scam.  Retailers know that most consumers won’t pay their balance in 90 days, which means you get stuck with outrageous interest rates and back charges to boot.\n\n \n\nMyth: I’m required to have a credit card to buy a house.\n\nFact: Several quality mortgage companies provide underwriting which allows you to purchase a home without a credit card.  If your mortgage lender requires a credit card for your home loan, run – don’t walk – to a lender who will actually help you achieve freedom from credit.
59276
Good answer ybhviper... very astute analysis\n\nI might add there are ways that COULD help.... some conventional, some unconventional...\n\nThere has been some weird talk of a national Lottery... with procedes going directly to debt relief... but then Gambling would have to be embraced by the Fed.... dunno how likely that will be\n\nTax on something other than income, where people readily spend and would not stop spending because of an additional 5% or so tax.... but that makes for a popularity nightmare\n\nCalling on those that do owe us money... or even asking those we have assisted in other ways to wipe out portions of debt we owe them (Japan, China, etc), in exchange for favorable decisions in their favor (Trade wise, treay wise etc)... \n\nBut in all reality, we will never be free of federal debt... the debt helps the economy roll to an extent.... I could see severe effort towards debt reduction.. but I don't know how the Dems and Reps can work together on that, when they are on each others heels about even the smallest things, like stink on a monkey... riders, pork barrel add ons, government as charity relief, government handouts, etc need to be seriously eliminated to bare minimums... I just doubt that with any politician, we will see it
427268
I can save you the money by giving my answers to his questions:\n\n    * A dirty little trick that credit card companies use to lower your credit score to keep their competitors away from you; learn if you're a victim of this, including how to fix it.\n\nThis trick is cards like CapitalOne don't report your credit limit, only your high balance.  This can make your utilization appear higher.  To see if you are a victim of this look at your credit report and verify that the reported credit limits match your actual credit limits.  Fix it by either getting rid of those cards or disputing the information with the credit bureau.\n\n    * Which errors on a credit report are a waste of time to fix and which are a high priority (helping you to raise your score by 5, 10, 15, 20 points at a time).\n\nBad advice, if you see an error go ahead and get it fixed.  The low priority items are inquiries greater than 6 months ago and pretty much any incorrect but positive item.  Negative items are obvious, late pays, etc.\n\n    * How to build credit (if you have none) and rebuild credit if you've gone through a divorce, bankruptcy, or other major delinquency.\n\nSmall secured bank loan, secured credit card, small car loan.  Make sure they report.  \n\n    * Why you should NOT become a cash-only citizen; at the same time, learn how to keep credit active without putting yourself into debt.\n\nCredit is handy, no reason no to keep some credit cards around, no need to do more than place an occassional charge on them to keep them active.  No need to ever pay interest.\n\n    * How paying collections can HURT your credit score.\n\nIt re-ages your account.\n\n    * How to prepare for a loan by improving your credit score.\n\nReduce utilization (either increase limits or pay down cards), age off inquiries (more than 6 months and they don't matter).  Dispute off negative items.\n\n    * How to maintain a high credit score for the rest of your life!\n\nPay your bills.
251833
Debt consolidation is not a good idea.  It doesn't solve the problem which caused them get into debt in the first place.\n\nIf you want to help this other person then help them understand how to manage money so that they can get themselves out of debt. \n\nCheckout 'Total Money Makeover' book and/or 'Financial Peace University' (13 week course) at www.daveramsey.com.