Comments for How To Eliminate Debt - Eliminate Credit Card Debt http://www.howtoeliminatedebt.org Learn how to eliminate credit card debt from your life Wed, 27 May 2009 23:18:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on I have no present debt. I have old issues on my credit report. How do I eliminate that debt? by FlyASAGuy2005 http://www.howtoeliminatedebt.org/how-to-eliminate-debt/i-have-no-present-debt-i-have-old-issues-on-my-credit-report-how-do-i-eliminate-that-debt/#comment-459 FlyASAGuy2005 Wed, 27 May 2009 23:18:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-debt/i-have-no-present-debt-i-have-old-issues-on-my-credit-report-how-do-i-eliminate-that-debt#comment-459 Start writing letters. I am in a similar situation that you're in I think. When I was younger, I had a credit limit on an old bank account and went over it and never paid the money. The bank defaulted the account and wrote it off as a charge off which is very bad. Since then, i've had nothing on my record and I have one credit card that i've been in good standing with for almost a year now. My credit score is o.k. but that charge off is a huge black eye so I wrote to the bank colletions department (they haven't sold it to a colletions agency yet) and I told them that I am prepared to pay the debt in full including all interest fees. They wrote me back and said that was fine and it was now in black and white. I went a step further and asked to have the charge off completed removed from my credit report. This was on the advise of a financial advisor. He told me having your charge off changed to "charge off - paid/settled" is better than the charge off but still bad. Surprisingly, they agreed! They figured they rather get their money than me possibly not pay them<br><b>References : </b><br>Personal Experience. Start writing letters. I am in a similar situation that you're in I think. When I was younger, I had a credit limit on an old bank account and went over it and never paid the money. The bank defaulted the account and wrote it off as a charge off which is very bad. Since then, i've had nothing on my record and I have one credit card that i've been in good standing with for almost a year now.

My credit score is o.k. but that charge off is a huge black eye so I wrote to the bank colletions department (they haven't sold it to a colletions agency yet) and I told them that I am prepared to pay the debt in full including all interest fees. They wrote me back and said that was fine and it was now in black and white. I went a step further and asked to have the charge off completed removed from my credit report. This was on the advise of a financial advisor. He told me having your charge off changed to "charge off – paid/settled" is better than the charge off but still bad. Surprisingly, they agreed! They figured they rather get their money than me possibly not pay them
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Personal Experience.

]]> Comment on I have no present debt. I have old issues on my credit report. How do I eliminate that debt? by v b http://www.howtoeliminatedebt.org/how-to-eliminate-debt/i-have-no-present-debt-i-have-old-issues-on-my-credit-report-how-do-i-eliminate-that-debt/#comment-458 v b Wed, 27 May 2009 23:04:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-debt/i-have-no-present-debt-i-have-old-issues-on-my-credit-report-how-do-i-eliminate-that-debt#comment-458 A credit history is just that--history. You cannot change it. In the USA, it may be 7 years before an item agest off of the credit history.<br><b>References : </b><br> A credit history is just that–history. You cannot change it.

In the USA, it may be 7 years before an item agest off of the credit history.
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]]> Comment on I have no present debt. I have old issues on my credit report. How do I eliminate that debt? by Johnny http://www.howtoeliminatedebt.org/how-to-eliminate-debt/i-have-no-present-debt-i-have-old-issues-on-my-credit-report-how-do-i-eliminate-that-debt/#comment-457 Johnny Wed, 27 May 2009 22:22:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-debt/i-have-no-present-debt-i-have-old-issues-on-my-credit-report-how-do-i-eliminate-that-debt#comment-457 Your credit rating lasts for 6 years in the UK so whatever you were doing 72 months ago drops off this month. If there are errors on your file you can get them corrected or have a note appended to them.<br><b>References : </b><br> Your credit rating lasts for 6 years in the UK so whatever you were doing 72 months ago drops off this month.

If there are errors on your file you can get them corrected or have a note appended to them.
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]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by the dream http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-456 the dream Tue, 19 May 2009 13:33:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-456 If all else fails, you may consider a hardmoney loan. That would get you into the house; could probably get you into a free credit repair program with that as well. Fill out the free situation evaluation form at : www.totaldebtsolutionsllc.com<br><b>References : </b><br> If all else fails, you may consider a hardmoney loan. That would get you into the house; could probably get you into a free credit repair program with that as well. Fill out the free situation evaluation form at :

http://www.totaldebtsolutionsllc.com
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]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by peters c http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-455 peters c Tue, 19 May 2009 12:50:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-455 Hello there, I am Mr chris peter.A legit loan lender.Are you into debts? Do you have a bad credit?Are you financialy down.I give out loans at low interest rate of 3%.I give out loan to Business,Auto and personal loan to Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US and SGD the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,000 pounds and US$ and SGD so if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories: Manager of a company A private Holder A broker in banks A director in any office or company A high investor of and compay If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon. NAME:............................ PHONE:........................... COUNTRY:......................... LOAN AMOUNT NEEDED.....................send these info it is important. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now at cpc_consultant@yahoo.com<br><b>References : </b><br> Hello there, I am Mr chris peter.A legit loan lender.Are you into debts? Do you have a bad credit?Are you financialy down.I give out loans at low interest rate of 3%.I give out loan to Business,Auto and personal loan to Men and women who are into Business transaction, I give out long term loan for three to five years maximum with your interest in this you can as well tell me the amount you need so that I send to you the terms and condition that is if you are realing interested in getting a loan from me, Loan is given out in Pounds and $US and SGD the maximum I give is 5,000,000 both in pounds and $US and the minimum 1,000 pounds and US$ and SGD so if really you are interested mail for more info on how the loan can be transfered to you. There is one Question i have to ask are a serious individual that we take a loan and pay back after duration with the interest, if you are honest I will trust you because I like to do business with Honest people if you are one you will get the loan with out problem and for your information if you should more loan like $10,000,000m I can give only if you are one of these cartigories: Manager of a company A private Holder A broker in banks A director in any office or company A high investor of and compay If you are one of the following you can get $10,000,000US as loan or if personal loan you can request for 5,000-5,000,000 as loan. hope to here from you soon. NAME:………………………. PHONE:……………………… COUNTRY:…………………….
LOAN AMOUNT NEEDED…………………send these info it is important. Mind you loans is given to every part of the world only if i see you to be honest and will pay back after duration. If you are interested you have to send the amount you need as loan so that i can give you the terms and condition on the loan for your information loan are given to every part of the world on honest people so if you are honest apply for the loan now at cpc_consultant@yahoo.com
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]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by Frank Castle http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-454 Frank Castle Tue, 19 May 2009 12:04:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-454 No.<br><b>References : </b><br> No.
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]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by SEO http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-453 SEO Tue, 19 May 2009 11:49:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-453 The answer is at your fingertips. Do some searches and see if you can find what you are looking for then make an informed decision.<br><b>References : </b><br>http://psychic-aus.com/finance Loan strategies and tips The answer is at your fingertips. Do some searches and see if you can find what you are looking for then make an informed decision.
References :
http://psychic-aus.com/finance
Loan strategies and tips

]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by Floyd B http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-452 Floyd B Tue, 19 May 2009 11:04:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-452 25% down is a good sign. Your income & over all debt come in to play. I don't know the exact % but if you house payments & your credit card payments or any other outstanding debts are over say about 35% you may not get a loan. Homes mortgages can be had with less that 25% down. You can get loans for no money down. The best would to have no debts & 20% down. I would say pay down your debts as much as you can. Save some more & keep looking for your home. Buying a home is only the first part. You will need money to keep it up. Less than $50,000 houses can need lots of work.<br><b>References : </b><br> 25% down is a good sign.

Your income & over all debt come in to play.

I don't know the exact % but if you house payments & your credit card payments or any other outstanding debts are over say about 35% you may not get a loan.

Homes mortgages can be had with less that 25% down.

You can get loans for no money down.

The best would to have no debts & 20% down.

I would say pay down your debts as much as you can.

Save some more & keep looking for your home.

Buying a home is only the first part.

You will need money to keep it up.

Less than $50,000 houses can need lots of work.
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]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by LaurenElyse http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-451 LaurenElyse Tue, 19 May 2009 10:31:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-451 Yes, you will be able to. What you need to do is pay off the debt first. If the house you want is under 50,000 you will not require more than $2,000 down. Please pay off the debt before you seek a loan. It will show good faith on your part that you are cleaning up your credit. Please do not settle for a loan that has an Adjustable Rate. Unless you see a cap within reason and that is your only,only option. Let me tell you why you do NOT want to carry over that Credit Card debt on your mortgage. Your mortgage will be a 30 year, I assume. You will be paying on that Credit Card debt for 30 years as well. By the time it is paid off you will have paid around $32,000 for that $6,000<br><b>References : </b><br> Yes, you will be able to. What you need to do is pay off the debt first. If the house you want is under 50,000 you will not require more than $2,000 down. Please pay off the debt before you seek a loan. It will show good faith on your part that you are cleaning up your credit. Please do not settle for a loan that has an Adjustable Rate. Unless you see a cap within reason and that is your only,only option. Let me tell you why you do NOT want to carry over that Credit Card debt on your mortgage. Your mortgage will be a 30 year, I assume. You will be paying on that Credit Card debt for 30 years as well. By the time it is paid off you will have paid around $32,000 for that $6,000
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]]> Comment on can i get a mortgage with 25%down with bad credit about 6000.debt house is under 50.000.what can i do? by CiCi Elder http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do/#comment-450 CiCi Elder Tue, 19 May 2009 09:43:59 +0000 http://www.howtoeliminatedebt.org/how-to-eliminate-credit-card-debt/can-i-get-a-mortgage-with-25down-with-bad-credit-about-6000debt-house-is-under-50000what-can-i-do#comment-450 Probably better to pay off the 6000 (or at least anything which will improve your credit ) and have a lower down payment for the house. I don't understand, if you have 25% to put toward the house, why do you have bad credit? Talk to a reputable lender before doing anything. Every situation is unique. You can only borrow extra if the house is worth more than you're paying for it.<br><b>References : </b><br> Probably better to pay off the 6000 (or at least anything which will improve your credit ) and have a lower down payment for the house. I don't understand, if you have 25% to put toward the house, why do you have bad credit?
Talk to a reputable lender before doing anything. Every situation is unique.
You can only borrow extra if the house is worth more than you're paying for it.
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