Bad credit, no income verification LOAN question?

Posted on Oct 23, 2012 in Stated Income Loans

Prospect Mortgage Sees Underwater Refinances Quadruple Following
… Urban Development's Home Affordable Refinance Program (HARP), case cialis 40mg which offers underwater homeowners the opportunity to refinance at today's historically low mortgage interest rates, story have increased HARP refinances at Prospect Mortgage to $ 201 million …
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Learn How To Qualify For The Home Affordable Refinance Program
One may learn how to qualify for home affordable refinance program at Obama-loanmodifications.com which is one of the leading mortgage service providers in the U.S. According to the company's website, there has been a big rise in the total number of …
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HARP Mortgage Program On Pace To Reach 1 Million Households In 2012
In California, homeowners used the Home Affordable Refinance Program to refinance just 19 percent of the time. The report also revealed that borrowers with loan-to-value ratios greater than 105 percent now represent more than half of all HARP transactions.
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Question by libra1128: Bad credit, treat no income verification LOAN question?
Here is my situation: I don’t have good credit….it’s not that bad, buy but not good. I also don’t make that much money a month (hence the no income verification I need). I need to take out a loan for about $ 50, online 000 to pay off my debt. I want to do this to have one monthly payment and I want a loan under 10% interest……I am paying 18-20% interest on my debt (credit cards) right now….so a loan at a lower rate would be better.

Does anyone know of a reliable, reputable company that does no income verification loans with not so great credit. I understand that this would probably mean a high interest rate, but as long as it’s lower than my credit cards….its okay.

Any ideas of a company or place or any ideas at all?
I would be borrowing this money to pay off my current debt though. So I would not be getting myself further in debt by borrowing more money because the loan would go right to my credit cards and I’d still be $ 50,000 in debt. The main reason is to consolidate it all to one monthly payment at HOPEFULLY a lower interest rate. Thanks for the answers so far.
I just don’t understand debt consolidation. They say to get a loan to pay off your current bills and have one monthly payment…BUT no one wants to give a loan to someone so far in debt with not so great credit…..it’s like a lose lose situation.

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