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Debtconsolidationcare.com - the USA consumer forum

Interested in getting a loan in the future

Date: Sun, 07/17/2005 - 11:05

Submitted by anonymous
on Sun, 07/17/2005 - 11:05

Posts: 202330 Credits: [Donate]

Total Replies: 2


Will this program effect my ability to get a mortgage loan in the future?


Hi hhurt

Welcome to debt consolidation care forums.

debt consolidation program helps you to lower your debts together with interest rates and late fees. Further your credit score will improve to a great extent. Improvement in credit score will help you to get a mortgage loan quickly with great interest rates. The lender of the mortgage loan besides judging your credit score will also judge your equity stake in your house, your income debts and credit. So if you have any debts please enroll in the debt consolidation program and clear off your debts as early as possible to improve your credit score to get better interest rates while availing the mortgage loan.

Hope you will find this information very useful.

Regards
Peter


lrhall41

Submitted by peter on Mon, 07/18/2005 - 01:56

( Posts: 285 | Credits: )


Hi hhurt

Welcome to the forums. After all your payments with your creditors which are presently in default are complete, you will be rebuilding your credit. This program will improve your credit ratings and you will acquire new credit worthiness in front of your lenders.

Presently, when you enroll in the debt consolidation program, it will appear in your credit report and your creditor will find that you have taken the help of the debt consolidation program to ease your repayments. The creditors will appreciate your active enrollment in this program because they find you taking this responsibility to clear off the past debt.

After you complete this program, it will disappear from your credit report and you will have a new financial identity. Thus, you will be able to acquire new credit quite comfortably in the future.

Regards
Roxette


lrhall41

Submitted by roxette on Mon, 07/18/2005 - 14:04

( Posts: 4009 | Credits: )