Ramairfreak98ss

one more tidbit to keep in mind. in mid 2006, i was a co-signer on the house were in now, obviously still with the bankruptcy in the history with no thing down on a no doc loan.... so if we got approved 3.5yrs ago, surely the bankruptcy cant be the only determining factor this long later ? And the ING deny letter said my credit score was a 697 and my g/f was a 721.. Hers used to be a 759 prior to moving into the house now. Yet we recently paid off almost all of the CC debt so her number should shoot up in the next few months again. Hopefully mine can top 700 for once in my life lol

yeah. Well my father was a builder, so everything the house needs is minor stuff in his mind. Most of it i could handle myself even if i had to. Wouldnt the banks understand that i cant go bankrupt again for what, 10 years after filing once? So i couldnt do it until 2014 ? Or are they worried that once that time comes, ill do it again? Its a funny situation, anyone that knows me or deals with us in business, trusts us 110% for years now. Yet i know people who SHOULD have filed for a bankruptcy years ago, they still continue to struggle, dont pay all their bills, some never get paid, debt keeps racking up, banks keep hitting them with 35% apr interest and $120598230494 in late fees, is that responsible then? I guess since ive always paid everything back in life, my mentality is that it "really didnt happen" even though it did. Like i said, ive never once not paid for an item i bought or bill i accrued. My g/f at the time bought everything under the sun and i was a co signer on her car which she defaulted on almost immediately, was it smart of me to be involved, no, could i repay $599 a month through debt consolidation at that time in my life? heck no, half of that and i would have tried. Well enough of the excuses. Thanks for giving me a better understanding about the bank only looking at the bankruptcy though, since i assume theyre considering "everything", they really stop looking into the loan application when they see the bankruptcy then. Ill just let the g/f apply then and hopefully someone will finance it with her 50k income alone and a ton of cash down.

We are looking for a 250k loan at most, not 400k. the house costs 400k. Im not sure about everyone, or how they handle their life after a bankruptcy but i had already started my business prior and was working to get it established, an ex girlfriend racked up more in credit cards/loans than i could ever try to pay for by 2003. Since the bankruptcy, ive had several credit cards, never late, all paid off, all of them gone now period. Do the banks only look at LAST years income reports? technically in 2009 we still had a loss because of equipment and all purchased going into 2010. 2010 though we've made good profit already only a few months into the year. How many years after a bankruptcy does it take before a mortgage lender won't disqualify you? 10? The last negative mark on my credit was a car reposession loan from 2003 that was removed finally in December 2009. Ive paid everything on time with multiple companies. The ONLY charge card/credit related card i have currently is a John Deere FSB bank card for small stuff. I've gotten almost a 100k line of credit through Deere Credit in the last year and a half alone. So if John Deere can allow me to put down 5-10% on 50k machines brand new and walk out the door "keep in mind sales tax is 7% alone", then the credit report cant be THAT bad.

Well we found a nice house, its a new house thats not fully finished, looks like a builder did 90% of it and never finished before they ran out of money. Its listed at 400k, originally 499k before the bank took it. Its a Short Sale, now bank owned. It needs appliances, floors, plumbing fixtures, tub, toilets, ac units etc, so not cheap stuff but won't have a final CO until this is completed. It honestly is a 500k+ home even in this economy. Our current house that we've owned for almost 4 years is worth roughly 250k, owe 220k on it and are about a month away from finishing a 1150sq ft 4 car garage with an upstairs 750sq ft office/living room area. Hopefully the 30-40k cost of construction garage, at least adds that to the value of the property but im not betting on it. Current loan is with Bank of America. I make most of the income with a landscaping/construction business but dont pay myself, and have rolled a lot of money back into the business to build the size of it. Had a prior bankruptcy in 2004 though, which seems some banks wont even consider you for the loan then. My g/f has had a full time job making 50k+ for a few years now. The banks are giving her a hard time because she doesnt make enough income. ING doesnt allow a co-signer so ONLY myself or my g/f could get the loan. BOA would allow a cosigner, but only by a relative, which is usually who they are i guess. Hopefully my g/f mother that owns her house has enough income to overcome my g/f 50k salary income amount. I guess most banks dont want to lend money though still. APR rates are pretty low but we cant prove enough income. They asked our monthly gross incomes. Since my company provides commercial clients snow removal services, and this year was busy for December and February in the northeast, my company has already made an average of $44k/mo and thats assuming we made $0 the whole rest of the year. When my g/f puts this down on the application, they ask her if she means $4,000 or $44,000. I have 80k in the bank, a couple clients owe us from big jobs over the last few months including snow removal invoices and we will have enough after expenses etc. to put down at bare minimum $125,000 towards the house thats 400k. We could possibly get as much as 200k+ cash down payment and finance as little as 200k.. yet banks still give you the cold shoulder? Any other banks we could try, credit unions or should we put more or less down or pay down our current house mortgage? A few months ago, over the winter, we had roughly 50k in debts of credit cards for the company, personal and equipment loans. One of our trucks and every single credit card are or going to be paid off within the next week. In 2006 we get a mortage with only 14k, 10k which went into closing costs/pmi points and 4k back into the bank. In 2010, we have over 30% down on a house and cant get approved. FYI, we plan to keep the current house, its not big, not that expensive, simple and have a friend with a small business and his fiancee that plan to rent it from us. This though, is proving to be a sore point with the bank lenders... since they only look at it as a 2k per month liability vs our debt/income ratio.. which our income should far exceed our debt but they only want to use my g/f income of 50k.

i know debits stuck in a few ways, but what is so bad really? theyre 1230803245834 times better than credit anything.

May be confusing but.. I have stopped paying for an account that is through a company called shoppers charge accounts "SCA", theyre a finance company now owned by TD Bank North. We financed at 0% for 36mo plan, a $10k piece of machinery for a business. They constantly had charged us "late fees" every month, i mean every single month for almost a year before i stopped making payments. NJ division of consumer affairs got involved, got them eventually "3 months later" to remove ALL of the bogus charges, phone fees, late fees, they jacked up the APR to 23%+ , charged all back interest etc. I got a letter on the 10th of the month, stating they "made the credits" to the account. The bill was due the 16th of each month. I mailed the payment on the 12th, you cant pay online at all. I call the 17th, they didnt receive it. I call the 19th, the phone system informs me that they have not received it and i've already been charged a $39 late fee, so i went to the bank that same day and canceled my $479.00 check payment. Before the next bill, again, they charged all 23% interest again :/ Here is the deal..... Account is and was opened by my mother. She lost her job years ago and has barely been getting by paying off credit cards, so her credit record or score isnt the biggest factor here. I've always paid on this account, and the bills come to my house instead of hers with c/o "my name". Can TD bank north debit her checking account at "TD Bank" in the months to come for this debt? Can they somehow debit my TD bank checking account or my business checking account? Although the loan was not taken through them or had any dealings with them, but since the parent company is TD bank, id assume they have some control over the SCA account right? Id rather not pull up my business checking one day and find out it was wiped out with over 14k in charges for a finance plan that was 0% They have my checking account #, since i mail them online bill payment checks monthly and name/address but dont have my ss# or anything. What will they do? I went over 5 months prior without paying a dime while consumer affairs investigated the problem, all they'd do is mail past due letters for thousands. Ive spent so many hours, letters, phone calls fixing the problem serveral times only for it to repeat as soon as its fixed. I dont want to pay the amount off since i should have 0% and 36 months to pay it or, at least 26 months left. I thought about suing them and going to court, but for what or how? or what would i actually be suing for? Their false practices or fraudulent credit schemes?

i see peoples signatures with up to date scores, all 3 of them bolded usually. What are you paying for that or is it free? what is the website?

Retroactive rate increases – raise the rate of charges you’ve already made, not new charges. Universal defaults – sneak around, check you credit report, if you fallen behind on some other bill or have made lower payments, they use that as a reason to jack up your credit apr rate.. even if you have a perfect credit report with them. Due date traps, some move the due date around, or due in the morning of due date instead of end of that day Not that this is anything new, but its good to hear it in the news finally. on www.yahoo.com news videos

Most of Januarys credit card bills had balances that were rolled over. Up until then, most were always paid off each month and no interest charges. One card with only a 4k limit i had $3900 on last month, didnt get payments for my business for a delayed amount of time causing me to pay only $100, which was more than the $40 minimum. I paid OVER the minimum on any of these cards, total of 3. I paid off the two highest cards today, but just checked my feb 08 transunion score.... down to 641 I was gradually gaining about 10~ points per month through the end of 08 I thought id finally hit 700 by 2009, but no We financed at JD tractor at 0% with 11k down and a 39k note for 60 months in october Thats the only credit change aside from credit cards i've had in the past 6 months. nov score 668 December score 681 January 661 Feb 09 641 WTF is going on here? By next month before all my payments in full hit ill be down into the 620s OR LESS! Can you credit # go down that fast just because of the drastic change of going from paying off $2-5k a month , payment in full on your CC accounts to only $100? Im so sorry i didnt have the full amount to repay by the end of the billing cycle! It sucks, i pay everything on time, have not had anything late in the last few years and still struggle to get anywhere near 700 :/

5 years ago i went through a bankruptcy. One of the major items was a auto loan through Mitsubishi. The loan was co-signed by me for someone else and they defaulted, i coudlnt pay for it. They then transferred it to hsbc auto then to hsbc bank, all THREE show up on my credit report still as delinquencies and are much worse than just having "one" showing a default in payment for the auto loan. Is there anyway to get the credit reporting agencies to consolidate this into one? There were only a total of 7 accounts that were charged off, most were much smaller amounts, but the car loan was 20k by the time of chargeoff, even though the purchase price was 18k and some payments were made :/ Having 9 negatives is much worse than 7, especially because the whole amounts come up almost appearing as though i defaulted on 3 auto loans

5 years ago i went through a bankruptcy. One of the major items was a auto loan through Mitsubishi. The loan was co-signed by me for someone else and they defaulted, i coudlnt pay for it. They then transferred it to hsbc auto then to hsbc bank, all THREE show up on my credit report still as delinquencies and are much worse than just having "one" showing a default in payment for the auto loan. Is there anyway to get the credit reporting agencies to consolidate this into one? There were only a total of 7 accounts that were charged off, most were much smaller amounts, but the car loan was 20k by the time of chargeoff, even though the purchase price was 18k and some payments were made :/ Having 9 negatives is much worse than 7, especially because the whole amounts come up almost appearing as though i defaulted on 3 auto loans

We were double billed "thousands" of dollars for equipment purchase the day before xmas. It took them a few days to have the credit for this amount show back up on our washington mutual/chase credit card. Since the extra amount was double billed, it went plenty past our limit, the credit card was still approved though and that night showed $150 over. I disputed the charges immediately, merchant issued a credit and within 4 days, was back off our credit card. Almost two weeks later, jan 8th 2009, wamu shows a $39.00 overlimit fee on the account I called them the DAY the double charges were still in pending stages and the guy flat out says nothing they can do. He also said that i will be charged a fee because i went over, although i had no fault or wrongdoing in this situation, they didnt really care. I mailed dispute forms for the double charge and they already sent me a letter back, but since the charge was already re-credited, im sure theyll just wipe it out. I emailed them about the over limit fee. There is no way in hell we should have to pay this! I pay the card off each month since august 08, 16.99 apr, which they also said will default to 28.99apr with the over limit. What could I do?

They're sending us demand letters for months now from an attorney in Ohio. I never dealt with checkfree services, our PNC bank did. I can explain exactly what happened. I shut our PNC account, pnc tells me its still technically active for 45 days after you close them, i swear to god ! Within a week, auto bill payments online are mailed out from pnc, which sub contracts this service to checkfree. Since PNC account has $0.00 available, pnc still has checkfree mail the payment, which it was cashed apparently and then denies checkfree the money, were into the hundreds but less than $1000 here. After a big fight with the bank, pnc decides they dont want to do it legally with our documentation, letters, phone calls, and debits our other/last checking account with them "more" than the checks value, claiming fees etc. I still then start to get letters stating we owe checkfree this huge amount of money for a check they mailed out. PNC denied paying it to checkfree so they try to collect it from me? Could my bank have given them my ss# or any other personal information? They have our company name on their file paperwork too which worries me. Ive spoken with them a dozen times or more, they still call once a week "like a collection agency" demanding this hundreds of dollars at 8:30pm. Theyre pushy and dont want to listen on the phone, i explain that they need to either take me to court so i can just bring all of my paperwork to court and let them decide if they have this bogus case against me or not. They just keep calling, mailing letters. I cant speak to the actual attorney or his listed partner Its from Goodwin & Bryan, LLP po box 26094 Fairview Park, OH 44126 Online, they have NO website or anything and are only listed under yellow pages and as in Cleveland, Ohio. They just sent me a "settlement" letter on january 8th 2009. Look at this, We would like to extend to you an opportunity to settle your account at a considerable savings. Our client has authorized us to accept $700.00 as a "paid settlement" of your account! Thats the EXACT amount that they've been trying to collect the entire time lol. Now if they take $100 just to drop this nonsense since ive spent hours on the phone with the old bank and this company, ill pay it and its done. I wont pay a dollar more though. This checkfree is used by various banks. When we closed PNC and went to Beneficial bank out of Philadelphia, pa. A month later, ALL of our company bill payments stopped and the bank couldnt tell me why. Checkfree had "frozen" our "new" account, and couldnt find this out for 9 days after. I had a large number of checks that were never paid and i was locked out from logging in to even check. Caused us hundreds of dollars or more in late fees, credit rate increases and interest charges. If i have to go to court over this ridiculous thing, i'll counter sue for their neglect in fixing the problem with the first bank correctly.

my brother thats 24 with a 3yr old was in a similar situation. He started making small furniture out of a 900sq ft NJ apartment, he wasnt noisy, but thats a matter of opinion. He'd only "cut wood" and little stuff during the day time but the mid range scale apartment place didnt like it, no complaints though. Then they came in and cited him for owning two cats he adopted for the daughter. place didnt smell at all, and this is from my opinion. They eventually sent him an eviction letter so he stopped paying rent, was barely making it anyway. Rent was $1060 mo, and i think he almost always paid a week behind most of the year so he paid another $90 fee on top of that. I can only see this happening to more and more residents there so not sure why two cats pushed them over the edge. He lost $2350 in deposits from the place for breaking out of the lease 4 mo early, they were there nearly two years. He moved south and rents a townhouse for $850 a month thats twice as big as the apartment in nj and they only requird $300 deposit lol.

sucks im sure this will too, we will see.