Cynthetiq

NoSoup

follow up.... I did apply and was preapproved, but due to the nature of us own in a co-op we need to stay at a 80% borrow level, we cannot get the Aztechs approved until we pay down some of the mortgage. Our accountant suggested we pay for the renovations in cash as the appreication of the property will outweigh the cash value in the future ( my eyes started to glaze over at this point.)

There was another loan that we could get without the approval of the board, but I will take the accountant's advice. Not to mention it will give us time to live in the apartment and use the kitchen and know hot to renovate better in the future.

---

as far as a friend is concerned, he thinks he's got bad credit for no reason or another. I see that you recommend a secured credit card. Does a secured loan give the same benefit? I thought I had bad credit too, and I got a secured loan, put that into another account and had them draw funds to repay the loan from that account. I didn't have to think about it at all, until near the end of the loan when I had to of course add for interest. Does that give the same benefit?

__________________
I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.