Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help

House value at 155K, 130K on first loan, 29K on second mortgage, 30K in credit card debt. Interest rates on credit cards at almost 30% wont move the balance, except up! Total yearly income is 62K, part of that coming from husbands social security and workmans compensation benefits. Banks wont touch us for a personal loan. Two mortgage companies have turned us down. Any suggestions?

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

your LTV is way too high. you%26#039;d might be able to get the two loans consolidated but won%26#039;t have any money left over to pay the cards off. give me a buzz and see if I can help you out. how%26#039;s your credit look? good bad awful etc?

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

call your credit card company and demand a lower rate.

tell them that you will attempt to pay if the rate is lower, but if not, you will be forced to file bankruptcy. see what happens

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

start saving

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

Ask this on this web site. He is the man for consumer related stuff enjoy and good luck

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

Your only hope is that we get an appraiser out to your house that wil lget you the value you need..

Just remember, the appraiser who was out to your house last says it is worth the $155,000...How long ago was that?

the point is that every appraiser goes about determining a value differently...

Depending on your qualifying factors (credit, DTI, reserves) you may be able to qualify for a mortgage refinance..

Just because 2 banks have turned you doen really means nothing... All banks have different guidelines in which they lend out money...

I work with over 80 mortgage lenders, all investors of my company.. I usually have 10-15 of them give me a quote on each file to determine which is the best..So dont feel bad if 2 turn you down...soem clients of mine see 10 or more denials!!

The key here is that if you do the shopping on your own, you have to have a seperate credit report pulled through each and every lender...

I can pull one credit report, and shop it among my many investors to find the best fit for you...

Give me a call, and i will be happy to see what i can help with..

My name is Jason Fry, i work with Providential Bancorp, a nationwide mortgage lender.. call me at 312-264-6448, or email me at jasonf@providential.com

good luck!

Jason Fry

Licensed Mortgage Consultant

Providential Bancorp

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

welcome to the american nightmare.

Chapter 7, you%26#039;re losing the house. but at least you wont owe anybody anything. If your combined house payments are more than 1/4 of your takehome pay, you need to get rid of the house anyhow. you can%26#039;t borrow your way out of debt.

You need to change your life. LIVE ON LESS THAN YOU MAKE.

Call up dave ramsey! his radio show specializes in your type of situation. He never recommends bankruptcy though, so you wont like his answers.

damn I%26#039;m glad I%26#039;m not in your shoes anymore.

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

If what you are looking for is one easy payment every month then you may want to consider a 125% program. There are a few lenders that will loan you 125% of the value of your home. With credit card companies raising minimum payments virtually overnight, you are not alone. This type of program is becoming more popular because of it. I am doing these on a regular basis now and ALL of my clients have saved huge money and received fixed rate programs. I even had a customer save $3500 per month with this very program. Here%26#039;s my email address if you want more help. I am a licensed loan officer as well as a mortgage planner, I assist customers in finding the bank that WILL work with you.

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

debt consolidation

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan

however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is:

http://umgarticles.atspace.com/debt-cons...

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

Hi, these articles will help. read them:

Debt Consolidation - Get Out Of Debt

http://www.askaquery.com/Answers/qn1643....

How to Hire a Debt Counselor?

http://www.askaquery.com/Answers/qn1584....

What is Debt Relief?

http://www.askaquery.com/Answers/qn1583....

Debt Management and Building Wealth

http://www.askaquery.com/Answers/qn1581

How to lower your debts?

http://www.askaquery.com/Answers/qn1576....

How to reduce debt : How to lower your expenses?

http://www.askaquery.com/Answers/qn1577....

Looking to consolidate 30K in credit cards, possible refinance. Too much debt to be considered..help!?

this site may help, they do a free credit analysis