Is there car lease/financing help like mortgage companies are helping lower payments in hard times?

Dec 022011
 

I lost my job, and my mortgage company is willing to refinance me and work it out so I don’t miss a payment or lose my house. Is there help like that for my car lease? I have a lease for $ 370 on a minivan that is too expensive for me now, and I don’t want to voluntary-repo it.

Help! I just don’t know anymore…

Aug 172010
 

BRAND new to all of this.. 

 

My username reflect my credit score.. I am not a criminal..

 

My DH and I have had a very bad couple of years and scores are in the toliet.. We tried very hard to stay current on everything but experienced hours being cut, etc.. Last FICO (auto ) check was 569 for DH and 492 for me. Since then my DH has had 2 voluntary repo’s, many late payments, etc. I had a “foreclosure intitiated” in 2007 but short saled the home. Right now we cannot finance a piece of gum. DH has current car and motorcycle loan with late pays in last year. I have nothing open other than a student loan which i sent in forbearance paperwork for but the are still reporting over 90 days late on. I do have positive auto loan history, no late pays and was paid off 2 years early. 

 

We are considering a BK but really unsure if it would benefit or not.. All of the items on my report are aged.. My DH on the other hand has recent negative activity. Are we best off filing BK or should we venture down the long road of rebuilding?? We are going to need a vehicle soon and at this point I don’t think there is anyway anyone will give us financing…

 

Any thoughts from anyone would be appreciated.. I am just so lost with this whole thing.. I work for an auto dealer so I can pull auto FICO’s relatively easy.. 

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PFD-Deletions

Aug 112010
 

I have a question.  I have a voluntary repo that is falling off my cr’s next month, i have 3-4 others that have come off my cr in the past month because of the 7-7.5 year period. The repo is the oldest showing right now.  Will this hurt me, credit score wise, when these are removed? This will make my credit file a lot slimmer as this occurs, right?

If I pfd, that can hurt also, right?  

I’m jut trying to get a better understanding. I do have a mortgage. 

Credit Score Changes

Jul 012010
 
I have debt that is set to be deleted from my credit report over the next 2-3 months, (voluntary repo, 1 medical, another that is past the 7year period).  Will this help my credit scores and if so , how much would you guesstimate?  The repo is one of my oldest accounts.

 

Thanks

Newbie here

Feb 232010
 

Hi Everyone,

 

I am new to this site and I am ashamed to say this has now replaced my facebook addiction  :smileyhappy:

 

I am very ashamed to admit that we had a BK discharged January of 2006 and dug ourselves right back into a hole over the last several years. We had a voluntary repo from Crap 1 January of 2009, and a short sale from CW mortgage June of 2008, numerous cc charge off’s, and several collections. This year we made the decision to take financial control of our lives. We used our income tax refund and paid off (settled) the repo with Crap 1, paid off all of our collections, and we are now in the process to where we are disputing all of our items that we settled on.  I have been majorly blessed with a great job making twice the money I made last year, but we have no credit right now because we are a little gun shy. We will be in the market within the next year for a new home.

 

Basically, I said all of that to ask a few questions. Mainly, how do I get these items which we “settled” to be deleted from our credit report. I have read through the forum so do you suggest that we use the GW letter or should I simply call the companies back. I did receive letters from everyone we paid off that the item would be updated as “paid in full” but wouldn’t it be better credit wise to have this deleted. What about the Crap 1 account? Do you think they would remove the repo?

 

Right now DH’s Equifax score is 588 and I am ashamed and embarrased that my credit score with Equifax is 488. It’s so pitiful.

 

Any help would be much appreciated!

Thanks guys!Â