Posts Tagged ‘Debt Loan’

Add credit card debt amount to new home purchase?

Tuesday, January 12th, 2010

I have about 25K in credit card debt. I am planning to buy a 540K house. Currently I have great credit, is it possible to add my credit card debt into the home loan in order to make it a single monthly payment. What is the loan program called? I am shooting for 5 yr. ARM. Me and my wife plan to live there for about 3-4 yrs.
To add I mean to pay off my credit cards with the home loan.

does all debt debt consolidation involve a loan?

Thursday, August 20th, 2009

Ive been looking into debt consolidation and, is there a difference between debt consolidation, and a debt consolidation loan? and if so what?

How can I get a debt consolidation loan? Everybody’s turning my husband and I down for too much credit?

Saturday, August 8th, 2009

My husband and I are trying to straighten out our finances because we have a lot of debt (credit cards mostly) and we want to buy a house. Everyone tells us that getting a a debt consolidation loan will help because we can combine all of our debts into one monthly payment, but we kept getting turned down or offered a low amount because we have too much credit being used. What’s the point of a debt consolidation loan if your too much in debt?

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