By: executive2642
14/08/2008
2:20 am Yahoo! Profile:
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| Thanks Steve |
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By: fang_181
13/08/2008
2:26 pm Yahoo! Profile:
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Hi
A reverse mortgage may help but you should seek help from a financial planner. Lenders can also show you projections of the debt over a period of time. If you do take out one of these mortgages I would recommend making some repayment on it if at all possible. Some lenders also allow you to draw down monthly rather than taking it all in one lump sum. You should also check with Centrelink re the effect on your pension. Hope this helps you.
Steve
www.MassiveDailyProfits.c om |
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By: executive2642
10/08/2008
12:41 am Yahoo! Profile:
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Can anyone give me an inbiased oppinion on my delema:
My late husband and I old age pensioners between us had 2 pensions and I olso received the carers pension, we got by .but now he has passed and I now receive a single pension only approx $270.00 a week .
My expenses are the same (except for a bit less food ) I no matter how much I go without with my food petrol light power etc rates water etc I just can't keep up with the bills. so I was thinking about drawing down on a reverse mortage on my home, but everyone says it is a very bad idea but I am at a loss as what to do.
Has anyone on this thread had any experience in this way of getting extra finance.
My friends tell me if I do this in 15 years if I draw down 80,000 the bank will own my free hold home |
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By: pol_pak
8/05/2008
2:25 pm Yahoo! Profile:
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Really need list the debts for each contract showing
. balance
. required minimum fortnightly/monthly repayment
. monthly repayments till completed.
Then desired consolidation loan :
. balance (start)
. required minimum fortnightly/monthly repayment
. monthly repayments till completed.
. |
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By: fhann_oldgal.live
13/04/2008
12:20 pm Yahoo! Profile:
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Just from my own personal experiences with financial rip-offs, from lenders, it sounds to be, that what you really require is a debt-consolidation loan.
Have asked your own bank, about such loans? even though it sounds like a cliche, a bank loan might offer less risk, than other types of lenders.
How much are you requiring to borrow? |
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By: vapsap69
9/04/2008
3:23 pm Yahoo! Profile:
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| We are a young family who needs financial assistance. We earn a good income but have some stupid debts. We want to be able to get rid of these and just have one debt. Just wondering if anyone knows of a personal investor that would be interested in helping out. Standard interest rates would be paid and it would be completely legit with lawyers drawing up papers etc... |
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