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HELP Would I be able to get a loan from my credit union to consolidate my rather high (8,000) credit card debt?

June 7, 2010

First off, I am a full-time college student. Ok, here’s my situation–I’m a little over $8,000 in credit card debt. My monthly payments from all my cards combined add up to about $180, and every one of my cards (with the exception of one at 8%) have rather high interest rates (19%, 20%). Most of [...]

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Will I be able to get a home equity loan if I am currently in a forebearance agreement with my mortgage?

April 28, 2010

We will be listed as “entering foreclosure” until September, but have already made 5 consecutive payments into the forebearance plan, including a large down payment. However, in order to get our finances in order and pay education costs, we need to take out a home equity loan. Will lenders approve the loan (if we have [...]

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