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Yahoo Answers! Credit Repair Forum This is a RSS feed for Topics from Yahoo Answers! That pertain to Bad Credit Repair, FDCPA, FCRA and general financial questions and answers. Feel free to discuss this in the credit discussion Forum. MEMBERS WITH THE DESIGNATION Powered by Yahoo! Answers under their names ARE BOOTS FROM YAHOO ANSWER...! NEW THREADS MUST BE STARTED ON REGULAR FORUMS, MEMBERS ARE HOWEVER ABLE TO ANSWER OR PARTICIPATE WITH CURRENT THREADS...

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Old 10-18-2007, 06:38 AM   #1 (permalink)
rayne
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Can you still buy a house if you have bad credit?

how?
what about rent to own houses.....is it worth it or not?
 
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Old 10-18-2007, 06:41 AM   #2 (permalink)
George Mcfly
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You can purchase a house with no credit or bad credit if you have the full amount. If you need to borrow the money to buy a house you either will be denied or get a really high APR.
 
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Old 10-18-2007, 06:57 AM   #3 (permalink)
matt q
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Technically you could if you had the money to pay off all at once, or had an amazing down payment. However with no credit you will have trouble letting the real estate or bank help you finance with your housing payments. And if so, it will be an outstanding interest rate.
 
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Old 10-18-2007, 06:57 AM   #4 (permalink)
lois c
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sure but the points will kill you and the interest costs also.. they'll give almost anybody a loan even with bad credit but they make you pay more than other ppl with good credit... go figure
 
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