Why dont lending institurions believe in giving people a second chance at financial freedom?
BK discharged in 2/02, purchased a new car and a new home since then. Want to do a home equity loan to lower our debt to income level, but keep getting rejected.
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Tags: bk, home equity loan, new car
#1 written by Rich F July 4th, 2009 at 06:30
because you are a bad risk
#2 written by Babumoshai July 4th, 2009 at 06:30
b/c they’re running a business
they’re in business to make money, not give it away
ruthless bastards!
#3 written by couqueze July 4th, 2009 at 06:30
b/c the world doesn’t believe in second changes. the GOVERMENT thinks seconds changes are for losers, but the goverment is the one who is losing.
#4 written by hitmewithyourquestion July 4th, 2009 at 06:30
use these guys
http://www.wesayes.com
#5 written by Maria M July 4th, 2009 at 06:30
They believe people aren’t creditworthy.
#6 written by buckoe59ca July 4th, 2009 at 06:30
By declaring bankruptcy you have demonstrated to the financial institutions your total lack of ethics, credibility, and integrity. It seems you have learnt nothing from your bankruptcy since you have put yourself once again into a position where your income is insufficient to handle your debt payments. Personally I hope you continue to get rejected for many more years.
#7 written by cafe_blue_note July 4th, 2009 at 06:30
Who says they don’t? I am a loan officer and specialize in this typ of situation, my company is approved, with 150 investors, and deals in everything from A paper to sub prime. you may need to Refinance altogether. so I’ll tell you what E-mail me, or im me.
I’ll take your contact info and call you. (I can HELP!) I can be reached by clicking on my profile.