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Hugs and Head Pats for those who deal with Government!
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<blockquote data-quote="susiestar" data-source="post: 558702" data-attributes="member: 1233"><p>Credit scores are about the most confusing thing I have ever attempted to understand. I am sure that we are all familiar with the 'free' credit check companies that offer to tell you your credit score every so often. Sounds like a great idea, surely we should ALL know this info, correct? There is one big, fat, stinky problem with those services. EVERY time your credit is checked for ANY reason, it can lower your credit score. Of course it doesn't lower it each time, or by any predictable amount, or in any way let you know if this time is the time it will be lowered. Part of the rationale is that you are trying to get credit from more than one source or you are trying to get credit for something and keep getting turned down. It doesn't really matter why to the credit bureaus, it just is. </p><p></p><p>Medical bills are a major problem for many people. It is possible to do a medical bankruptcy and only put medical bills into the arrangement, but I am pretty sure it acts like any other bankruptcy. in my opinion it is something to think about if you have a lot of bills piling up.</p><p></p><p>DDD, I am so sorry you are having all these problems getting a mortgage. You might speak to a mortgage broker to see if they have any advice. NOT a real estate agent, someone who hleps you find and secure the mortgage. Even with a good credit rating we had trouble getting a mortgage until we worked wth a mrtgage broker. Just be careful to find a broker you like.</p><p></p><p>If you have belonged to a bank for a long time, either from business or personal accounts, have you made an appointment to go and speak to them? Not a phone call, but an appointment where you tell them that difficult child is getting a guaranteed income, with this amt that would be a down pamt, and can they help you with the mortgage? IF you like/trust them, you could lkely even have the bank be his trustee (or whatever the name for someone who holds the purse strings) and that might help b.c they woudl KNOW that the money is there very month and they wouldn't be waiting on a check or whatever. I remember hearing about some arrangements like this when I worked in/with the mortgage/appraisal depts of a bank. Having the relationship with the bank before this situation happened, and making the bank be the trustee, really opened some doors.</p><p></p><p>Making a non family member the person in charge of the money cuold be a good thing in the long run. No hassling you for money, if something happened them there would be no confusion/worry/stress about who would handle the money, etc.... </p><p></p><p>(((((hugs)))))</p></blockquote><p></p>
[QUOTE="susiestar, post: 558702, member: 1233"] Credit scores are about the most confusing thing I have ever attempted to understand. I am sure that we are all familiar with the 'free' credit check companies that offer to tell you your credit score every so often. Sounds like a great idea, surely we should ALL know this info, correct? There is one big, fat, stinky problem with those services. EVERY time your credit is checked for ANY reason, it can lower your credit score. Of course it doesn't lower it each time, or by any predictable amount, or in any way let you know if this time is the time it will be lowered. Part of the rationale is that you are trying to get credit from more than one source or you are trying to get credit for something and keep getting turned down. It doesn't really matter why to the credit bureaus, it just is. Medical bills are a major problem for many people. It is possible to do a medical bankruptcy and only put medical bills into the arrangement, but I am pretty sure it acts like any other bankruptcy. in my opinion it is something to think about if you have a lot of bills piling up. DDD, I am so sorry you are having all these problems getting a mortgage. You might speak to a mortgage broker to see if they have any advice. NOT a real estate agent, someone who hleps you find and secure the mortgage. Even with a good credit rating we had trouble getting a mortgage until we worked wth a mrtgage broker. Just be careful to find a broker you like. If you have belonged to a bank for a long time, either from business or personal accounts, have you made an appointment to go and speak to them? Not a phone call, but an appointment where you tell them that difficult child is getting a guaranteed income, with this amt that would be a down pamt, and can they help you with the mortgage? IF you like/trust them, you could lkely even have the bank be his trustee (or whatever the name for someone who holds the purse strings) and that might help b.c they woudl KNOW that the money is there very month and they wouldn't be waiting on a check or whatever. I remember hearing about some arrangements like this when I worked in/with the mortgage/appraisal depts of a bank. Having the relationship with the bank before this situation happened, and making the bank be the trustee, really opened some doors. Making a non family member the person in charge of the money cuold be a good thing in the long run. No hassling you for money, if something happened them there would be no confusion/worry/stress about who would handle the money, etc.... (((((hugs))))) [/QUOTE]
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Hugs and Head Pats for those who deal with Government!
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