I have $30,000 in student loans, and will be looking to buy a house in the next 2 years. If I’m building $45,000 a year and building minimum payments on the loan, will that look excellent when I apply?
I have 28k in student loans. The minimum payment is 188 a month. Some months I cant even meet the deprivation of that. What will I do? The only excellent news is that I have consolidated them and have a excellent interest rate. Other than that, I dont know what to do. Buy a house and when I sell it in X amount years, use some of the profit to pay it off? Any other thoughts?
So, if you have debt from 10 years ago and you buy a house and sell it before you die, can debt collectors get their money from the estate sale?
I have been in contact with the collection agency and they said they would settle the $18,000 debt for $11,000. I do not have $11,000 nor am i able to get a loan. Is working with a debt consolidater just as terrible as filing for bankrupcy? I have a family and want to buy a house and this is the only thing standing in my way…what do i do?
I want to buy a house but also have a tiny amount of debt. It’s only about $3000. Not a significant amount to some, but for me it is a lot of money. I have the money in savings to pay the debt off but that would decrease my down payment. Do I continue to make monthly payments (I do make more than minimum monthly payments) or just eliminate the debt completely and go from there? Thanks for all answers!