debt relief for the money I owe for my Mortgage

Hi Misty

Welcome to the forums. Calculate the total amount that you spend in a month and divide them under different heads. Also calculate the total earning which needs to be higher than your expenditure.

Once you have done a proper budgeting and follow it religiously, you will be able to achieve a debt free life soon.

You can also take expert counseling from the trained consultants who will solve your debt related queries.

Regards
Roxette

Does taking out a debt consolidation loan affect me getting a mortgage later on?

Hi Julfish1945

Before any creditors will lend you credit, the three digit credit score is the most important factor to analyze your financial worthiness. Based on these credit score, loans or credit can be acquired from the creditors and other lending agencies. When the credit score is evaluated, extensive research is conducted on the following areas of your credit report.

• Your payment history is analyzed.
  
  
• The amount that you owe is taken into consideration.
  
  
• Length of your credit history is determined.
  
  
• They look out for the types of credit that you have used so far.
  
  
• They will look into your new credit.