I am loking to purchase a house by decemember. I am wondering if I should use sallie maes consolidation option that is currently availbale. Do you guys think this will help or hurt me? I am currently disputing a 90 day late from 9/96 as never late, the account was xkered to another lender. I have a 90 day late as of 5/02 with sallie mae which they said the do not do 'good will' on the account. Do you think this will look bad on my report as paid/closed/xferd to another lender with a 90 day late. the mortgage people view this as a new loan and feel I am over my head in debt? THanks in ADVANCE!
I am not sure I can answer your question. What debt are you trying to consolidate? Do you know your credit score? A 90 day late on a mortgage will look dab to a mortgage lender for about 24 months.
