We have poor credit and trying to repair it; however we want to purchase a home by the end of the year. Will it adversely affect my chances of getting a home loan if we take out a consolidation loan to kick start the credit pay offs?
So if I can not get a loan, how do I pay off $7000 of dept in less than one year?

Best reply by leslie:

You probably will not qualify at the end of the year unless you pay off all your debts in full. Can you even qualify for a consolidation loan? Doubtful and PLEASE do not respond to these idiot SPAMMERS who come here just to sucker people in trouble, such as yourself, into givinging money up front for anything!

Read the original question here
If I get a consolidation loan will it help or hinder me getting a home loan for a first time buyer?

We have poor credit and trying to repair it; however we want to purchase a home by the end of the year. Will it adversely affect my chances of getting a home loan if we take out a consolidation loan to kick start the credit pay offs?
So if I can not get a loan, how do I pay off $7000 of dept in less than one year?

Best reply by leslie:

You probably will not qualify at the end of the year unless you pay off all your debts in full. Can you even qualify for a consolidation loan? Doubtful and PLEASE do not respond to these idiot SPAMMERS who come here just to sucker people in trouble, such as yourself, into givinging money up front for anything!

Read the original question here
If I get a consolidation loan will it help or hinder me getting a home loan for a first time buyer?

Also, Do debt consolidation companies include federal educational loans into the consolidation?

If you have a federal student loan, and the loan company offered a 1800 # for a consolidation company to take the loan and pay it?

Best reply by Found-1:

Your chances are prob pretty good to consolidate federal student loans. Don’t consolidate federal student loans in any non-student loan consolidation loans, your interest rate will likely be higher and the interest you pay would no longer be tax deduct able.

Read the original question here
CURIOUS: What are your chances of getting approved for Federal student loan consolidation?

Also, Do debt consolidation companies include federal educational loans into the consolidation?

If you have a federal student loan, and the loan company offered a 1800 # for a consolidation company to take the loan and pay it?

Best reply by Found-1:

Your chances are prob pretty good to consolidate federal student loans. Don’t consolidate federal student loans in any non-student loan consolidation loans, your interest rate will likely be higher and the interest you pay would no longer be tax deduct able.

Read the original question on Yahoo! site
CURIOUS: What are your chances of getting approved for Federal student loan consolidation?