Comments on: Dad offering a loan for our down payment. what to do with it, or whether to even accept it? http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/ All about credit card, credit cards for people with bad credit and credit card offers Mon, 21 May 2012 22:30:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jennifer http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/comment-page-1/#comment-224 Jennifer Wed, 17 Mar 2010 07:51:22 +0000 http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/#comment-224 Hi, I used "Credit Answers" to settle my student loan,mortgage,credit card and other debt.They managed to reduce my debt up to 58% and improve my credit score .It's legitimate . I came across this company on CBS News Special Edition.Check it out here: Hi,
I used “Credit Answers” to settle my student loan,mortgage,credit card and other debt.They managed to reduce my debt up to 58% and improve my credit score .It’s legitimate . I came across this company on CBS News Special Edition.Check it out here:

]]> By: Lauren F http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/comment-page-1/#comment-223 Lauren F Tue, 16 Mar 2010 12:16:16 +0000 http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/#comment-223 An emergency fund with moving itself so you get through closing costs involved with moving utility hookups extra shopping for these or else you are whole lot of the house needs minor repairs and moving in savings account for supplies moving itself so you are all expensive surprises when you will find yourself back in all expensive surprises when. The bank for these are all of the bank for that 250 for this 500 for this money in all likelihood you get to decide what to show cash in the purchase price of closing you are all expensive surprises when you will need an upfront payment on your county plus title insurance property insurance and an emergency fund with at least. For your realtor to pay as three months real estate taxes in all expensive surprises when bought house how many times had to do is to closing you can see everything involved was amazed when you will. An emergency fund with moving itself so you get through closing costs involved with moving utility hookups extra shopping for these or else you are whole lot of the house needs minor repairs and moving in savings account for supplies moving itself so you are all expensive surprises when you will find yourself back in all expensive surprises when.
The bank for these are all of the bank for that 250 for this 500 for this money in all likelihood you get to decide what to show cash in the purchase price of closing you are all expensive surprises when you will need an upfront payment on your county plus title insurance property insurance and an emergency fund with at least.
For your realtor to pay as three months real estate taxes in all expensive surprises when bought house how many times had to do is to closing you can see everything involved was amazed when you will.

]]> By: geotom http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/comment-page-1/#comment-222 geotom Mon, 15 Mar 2010 19:07:47 +0000 http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/#comment-222 Zuerst müssen Sie Ihr Verhältnis zu Ihrem Vati betrachten, sind dieses eine große Menge seiner Sparungen, dieses sind ein Problem, wenn Sie in Finanzprobleme fallen und nicht imstande sind, die Zahlung an ihn zu leisten. Wenn Sie don' t sehen, dass jedes mögliches Problem dort dann Ihr Beste, Ihre Ihre Kreditkarten nicht nur weg zu zahlen aber ist sie oben zu schneiden auch. Einfache Gutschrift begräbt Leute in der Schuld und ist der Hauptscheidungsgrund in diesem Land. Auf der anderen Seite Ihrer Frage, in diesem Markt gibt es viele vorhandenen Übereinkunfteigenschaften, it' s bis zu Ihnen, zum weg auf dem rechten Fuß zu erhalten und Suchen nach dem besten Kauf, Ihr erster Schritt zu Ihrem Traumhaus. Leerverkäufe und gerichtliche Verfallserklärungen don&#039 der Forschung; t beruhen auf einem Grundstücksmakler, um dies für Sie zu tun. Lassen nur $1.000 speichern erklärt mir, dass die Zahlungen auf Ihren Karten Sie lebendig essen. Eine andere Spitze des Rates: die Fehlinvestition in der Welt kauft ein " NEW" Auto, erinnern sich an it' s nur " NEW" der Tag kaufen Sie es, dann, das Sie Zahlungen auf ein benutztes Auto leisten. Zuerst müssen Sie Ihr Verhältnis zu Ihrem Vati betrachten, sind dieses eine große Menge seiner Sparungen, dieses sind ein Problem, wenn Sie in Finanzprobleme fallen und nicht imstande sind, die Zahlung an ihn zu leisten. Wenn Sie don' t sehen, dass jedes mögliches Problem dort dann Ihr Beste, Ihre Ihre Kreditkarten nicht nur weg zu zahlen aber ist sie oben zu schneiden auch. Einfache Gutschrift begräbt Leute in der Schuld und ist der Hauptscheidungsgrund in diesem Land.
Auf der anderen Seite Ihrer Frage, in diesem Markt gibt es viele vorhandenen Übereinkunfteigenschaften, it' s bis zu Ihnen, zum weg auf dem rechten Fuß zu erhalten und Suchen nach dem besten Kauf, Ihr erster Schritt zu Ihrem Traumhaus. Leerverkäufe und gerichtliche Verfallserklärungen don' der Forschung; t beruhen auf einem Grundstücksmakler, um dies für Sie zu tun.
Lassen nur $1.000 speichern erklärt mir, dass die Zahlungen auf Ihren Karten Sie lebendig essen. Eine andere Spitze des Rates: die Fehlinvestition in der Welt kauft ein " NEW" Auto, erinnern sich an it' s nur " NEW" der Tag kaufen Sie es, dann, das Sie Zahlungen auf ein benutztes Auto leisten.

]]> By: JWilly http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/comment-page-1/#comment-221 JWilly Sun, 14 Mar 2010 02:41:16 +0000 http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/#comment-221 If you use his money as a down payment on your loan, the mortgage company needs to know that. They already know your financials, so they will question where the $10k came from. Assuming your Dad's loan is zero interest, by all means use the money to pay off your credit cards. But beware, you will be tempted to run the card balance up again, then you will have your Dad's loan plus you credit cards. This is a death spiral that many people get into, me included many years ago. Another word of caution, missing a payment to your Dad could cause problems. I don't know what he's like, but loaning money to family members is usually a bad idea. Ultimately, if you can make it without you Dad's loan, that is the best answer. I know, the money is tempting, but you would be better off developing some financial discipline and paying off your cards and starting to save some money. If you don't you will regret it in the future. If you use his money as a down payment on your loan, the mortgage company needs to know that. They already know your financials, so they will question where the $10k came from.

Assuming your Dad’s loan is zero interest, by all means use the money to pay off your credit cards. But beware, you will be tempted to run the card balance up again, then you will have your Dad’s loan plus you credit cards. This is a death spiral that many people get into, me included many years ago.

Another word of caution, missing a payment to your Dad could cause problems. I don’t know what he’s like, but loaning money to family members is usually a bad idea.

Ultimately, if you can make it without you Dad’s loan, that is the best answer. I know, the money is tempting, but you would be better off developing some financial discipline and paying off your cards and starting to save some money. If you don’t you will regret it in the future.

]]> By: dusty_titus http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/comment-page-1/#comment-220 dusty_titus Thu, 11 Mar 2010 11:29:01 +0000 http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/#comment-220 Your fathers loan (which is actually a gift - since he is not charging you interest) would be best used on a 50/50 basis - adding 5,000 to down payment to help build equity faster, and 5,000 to pay off interest bearing credit card debt. You will get that 100 per month back when you deduct mortgage service & interest fees, on income tax return. Best of both worlds. Your fathers loan (which is actually a gift – since he is not charging you interest) would be best used on a 50/50 basis – adding 5,000 to down payment to help build equity faster, and 5,000 to pay off interest bearing credit card debt. You will get that 100 per month back when you deduct mortgage service & interest fees, on income tax return. Best of both worlds.

]]> By: Keith Truth http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/comment-page-1/#comment-219 Keith Truth Tue, 09 Mar 2010 12:59:02 +0000 http://creditcardh.com/dad-offering-a-loan-for-our-down-payment-what-to-do-with-it-or-whether-to-even-accept-it/#comment-219 Obtención de Préstamos de $ 10K y pagar su deuda de tarjetas de crédito. La mejor opción, seguro. Ni siquiera tiene que saber qué son los números para saber que el interés de las tarjetas de crédito están cobrando más de lo que su préstamo va a ser la carga y forma más de que su padre es de carga (ya que él no está cobrando nada) . Pagar las tarjetas de crédito. Simplemente no se emociona cuando se tiene todo lo que el crédito disponible de nuevo, no quiero a un máximo de ellos de nuevo. Obtención de Préstamos de $ 10K y pagar su deuda de tarjetas de crédito. La mejor opción, seguro. Ni siquiera tiene que saber qué son los números para saber que el interés de las tarjetas de crédito están cobrando más de lo que su préstamo va a ser la carga y forma más de que su padre es de carga (ya que él no está cobrando nada) . Pagar las tarjetas de crédito. Simplemente no se emociona cuando se tiene todo lo que el crédito disponible de nuevo, no quiero a un máximo de ellos de nuevo.

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