Tag Archives: Rent

What Do Lenders Look for When Giving Out Car Loans?

4
loans

I want to buy a car, and am considering applying for a car loan.
What do lenders look for as a bare minimum to get a loan?

I have no possibilities for a co-signer, I have been in the same job for 3 years, so I have steady income, and I live at home so I don’t pay rent/mortgage.

Also, what lenders are usually more willing to give loans? Banks, credit unions, etc..?

Thanks!

Is There Any Possible Way to Combine Federal and Private Student Loans?

5
loans

I wish to God they told me in college that I wouldn’t be able to consolidate them all down the road.
I have federal through ACS at a total balance of 20K- fixed rate of 7.25% with monthly payments of $130 (But scheduled to go up again soon).
I have private through AES at a total balance of 34K-variable rate of 9.97 (which seems really high) with monthly payments of $285 (Not scheduled to go up for another year now).
I pay $400/mo in just student loans and with my car payments, credit cards, and rent- it’s not cutting it.
Everyone I’ve talked to said there’s nothing you can do. Fannie Mae said they can consolidate them but only to make it once monthly payment of the total I’m paying now. How can I consolidate the two into one lower longer term payment? Or if I absolutely cannot- should I reconsolidate my 9.97% Variable rate loan? Note: I’m on that plot where they assume you’ll have a excellent job over time and the payments gradually step up. But I still don’t have that excellent a job!

How Do I Find Out Which Debt Collection Agency Is Holding My Old Debt?

2
debt



I had a rough time a few years ago, and stopped paying my credit cards and cell phone to be able to keep paying the rent and then i lost my job, it was all sent to debt collectors. I’m ready to get this taken care of so I can rebuild my credit somehow, but I don’t know which companies hold the debts. How do I find out? I haven’t heard from any of them in nearly a year.