I have two charge offs on my credit with a total of 3000 $. These items will be payed before applying for the new boat. I have a truck that was payed off and not late and I also have an active student loan that I have payed on time for the last 6 months. My Credit Scores range from 515 to 563. I know I cant get a loan alone but I have a family member to cosign for me with a credit score of 750+ He is retired with a 2500$ monthly pention and only has a 500$ mortgage payment and a few credit cards that are open but have low balances and have been payed on time for a long time. I was planning on taking 1000 for downpayment and him to cosign but I was just wondering if I take the payed in full letters for my 2 credit cards that were charged offs if I can get the loan. Those cards were from about 4 to 5 years ago but I am now just paying them back. What do you guys think. I really want this but i’m not sure if it’s even possible or if I should even try. And any suggestions would be GREAT
If I were you. . . in these troubled and uncertain times. . . . . . I would stay away from such an expense! There are very hard times as I have heard from many consultants and analysts. The only way to not lose one’s shirt is to be and stay debt free. Do you really need that boat??? You can’t eat it! If a partial collapse of the economy comes – you lose all including any down payment(s).
Sure. There are many providers who will meet your circumstances and even offer ways to help you out, such as one loan repayment. My profile has more under debt if you like.
Get more information about your loan at: http://www. credit-card-gallery. com/article/268,3_worst_student_credit_card_mistakes_that_cause_most_of_the_credit_card_debt
If you plan to pay back the money , you can ask for a loan at Prosper. More information at http://www. acreditlibrary. com/prosper. html . You can also try your luck at online charities, people may send donations. More information at http://www. laodn. org/
http://www. webloaners. com/