Quick Wealth Network

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.

Public Comments

1. because you are a bad risk
2. b/c they're running a business they're in business to make money, not give it away ruthless bastards!
3. 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. use these guys http://www.wesayes.com
5. They believe people aren't creditworthy.
6. 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. 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.