Powered by Yahoo! Answers
Approval for loan?*
We need to consolidate our credit...recent circumstances have forced us to acquire about 25000 in debt. The problem is when we apply for a loan to pay this all off we get denied cause of out debt to income ratio. Is there any way to explain to a bank that all of the debt would be in the new loan....rather than having 50000 in debt we would have 25000. We have about 50000 equity in our home....but can we get a home equity loan when are debt to loan ratio is off?
Answers:
There have not been any answers posted to this question. If you would like to provide an answer to this question, you can do so by clicking here.
*The answers on this page are supplied by users of the Yahoo! Answers forum or by visitors to this site. CreditOptions does not necessarily endorse or agree with the answers provided.
Home Articles Tools Credit Quiz Credit Analyzer Contact Us
Credit Cards Credit Counseling Credit Repair Credit Reports Debt Consolidation Identity Theft Mortgage Loans Payday Loans
Credit repair companies are a ...