Anyone know any service or something that pays medical bills or helps you buy a house with bad credit or something? Before i got sick i had a 720 credit score now its 440. All medical debt
They really did away with most of the subprime loans when the market crashed in 2008. Unless you have a cosigner with good credit, it will be difficult to get a loan with a sub 500 score. My suggestion would be to try and get your medical bills taken care of before looking at purchasing a home.
Best of luck!!!
From what i read paying the bills wouldnt even help my credit score. Plus id have to spend my whole back social security payments in one bill
I agree, I doubt paying medical bills will help your score in the short term. Once you have a bad mark, in most cases, that bad mark will effect your credit score for a number of years. I know in Texas, where I live, it takes 7 years for bad debt (depending on type of debt) to fall off your credit file. It sounds like a daunting task, but I had a sub 500 score at one time. I was able to build my credit file and my credit score is now over 800.
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I think you got to get your score to at least in 500’s. Habitat for Humanity is one place and the fha loans help people that have low scores. But if you get disability payments I don’t think they will do it anywhere because you are not legally responsible to pay them back.
So you cant buy a house with ssdi?
no not usually - I got disabled after we had our house and we could not refinance with me on it because of it. I can’t get cc cards either - because legally they can’t force you to pay it back and shouldn’t have given it to you. You are legally disabled.