In need of some financial advice…credit card debt, mortgage?

Question by aleish: In need of some financial advice…credit card debt, mortgage? A friend of mine and her husband are looking into getting a house next year when their rental lease ends (Jan 08). They plan on spending this year trying to get out of as much debt as possible. They have about $ 14K of unsecured debt. Her credit score is within the 650 range, his is way over 700. They are in desperate need of some advice as to what they should do this year. They’re both contributing to their company’s 401K programs. Obviously,...

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Mortgage Debt to Income Questions/Advice?

Question by Andrew B: Mortgage Debt to Income Questions/Advice? My fiancee and I are getting married and we are selling both of our houses and moving into newly constructed one. Both existing houses are on the market right now, and my hope is that they will sell before the new home is finished. In the event that they do not sell at the time I need to start securing financing on the new house… I am trying to figure out worst case scenario, and need to know what is the highest debt to income ratio a mortgage company will accept for a...

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in need of some financial advice…credit card debt, mortgage?

Question by Kirstin B: in need of some financial advice…credit card debt, mortgage? My husband and i are looking into getting a house next year when our rental lease ends (Jan 08). We plan on spending this year trying to get out of as much debt as possible. We have about $ 14K of unsecured debt. My credit score is within the 650 range, his is way over 700. We are in desperate need of some advice as to what we should do this year. We’re both contributing to our company’s 401K programs. Obviously, we need to focus on paying...

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Q&A: Advice please; I am on welfare and can’t pay my mortgage and I owe $30,000 in credit card debt?

Question by Captain America: Advice please; I am on welfare and can’t pay my mortgage and I owe ,000 in credit card debt? A. should I get affordable housing and pay down my debt and feel good about myself B. should I get a $ 60,000 loan and remodel my kitchen and landscape my yard (just like my president) C. should I ask for more handouts that I know bleeding heart democrats will give me Someone tell dtmustain1 this is Satire Best answer: Answer by Drink WaterA. Give your answer to this question...

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