Archive for the ‘Credit’ Category
marinesprincess82 asked:
We would like to consolidate all of our debt into one loan but we keep getting denied b/c our debt to income ratio is too high.
Caitlin Ehrenberg
We would like to consolidate all of our debt into one loan but we keep getting denied b/c our debt to income ratio is too high.
Caitlin Ehrenberg
Princessd1010 asked:
I cannot refi my house because of a Prepayment penalty. I spoke to my local bank about trying to get a personal loan but it will be at a 20% interest rate at a $500 a month payment for the next 5 years which is really too high to fit in my budget right now. I am thinking about Credit Counseling but I know it totally ruins your credit so I was trying to avoid but it looks like this might be my only option. Anyone ever been through one of these programs? Was it helpful? Any other suggestions?
Victor
I cannot refi my house because of a Prepayment penalty. I spoke to my local bank about trying to get a personal loan but it will be at a 20% interest rate at a $500 a month payment for the next 5 years which is really too high to fit in my budget right now. I am thinking about Credit Counseling but I know it totally ruins your credit so I was trying to avoid but it looks like this might be my only option. Anyone ever been through one of these programs? Was it helpful? Any other suggestions?
Victor
Me asked:
I have been trying to clean up my credit record by paying off debts that had accrued over the years.I have tried on several attempts to get this particular bill, made in 2003, taken of, but I always received the runaround. I went into the bank and everyone blew me off because the debt had been turned over to a collection agency. About 3 years went by. I tried to contact them again to see about getting this debt paid. I spoke with someone by phone, but again I was blown off because the debt had been turned over to a collection agency. I contacted this particular creditor about a year and a half ago and inquired about how to get that debt paid. This time no one ever returned my calls or emails. October 2010 I contacted the bank. I spoke with someone who said they would contact the collection agency to let them know that I am interested in paying off the debt. The collection agency should then call me to set up a payment arrangement. I never heard from the collection agency. The only collection agency that I dealt with said they no longer have the loan. The original creditors turned the loan over to another agency. In April 2011 I contacted the bank again to attempt to get this debt taken care of. I spoke to the manager. I was told that a voucher would be sent out in order for me to make a payment. I have not heard anything from anyone. It’s crazy to have to run people down to give them MY money. What are my legal rights here?
Audrie Lane
I have been trying to clean up my credit record by paying off debts that had accrued over the years.I have tried on several attempts to get this particular bill, made in 2003, taken of, but I always received the runaround. I went into the bank and everyone blew me off because the debt had been turned over to a collection agency. About 3 years went by. I tried to contact them again to see about getting this debt paid. I spoke with someone by phone, but again I was blown off because the debt had been turned over to a collection agency. I contacted this particular creditor about a year and a half ago and inquired about how to get that debt paid. This time no one ever returned my calls or emails. October 2010 I contacted the bank. I spoke with someone who said they would contact the collection agency to let them know that I am interested in paying off the debt. The collection agency should then call me to set up a payment arrangement. I never heard from the collection agency. The only collection agency that I dealt with said they no longer have the loan. The original creditors turned the loan over to another agency. In April 2011 I contacted the bank again to attempt to get this debt taken care of. I spoke to the manager. I was told that a voucher would be sent out in order for me to make a payment. I have not heard anything from anyone. It’s crazy to have to run people down to give them MY money. What are my legal rights here?
Audrie Lane
Trish asked:
IN 2005 I discovered that my sister (who had been living with us at the time for a few years) had gotten a few credit cards in my name. It was a little out of control- but we paid it all off….3 years later I heard my sister speaking with a man who had knocked at the door and she told him I wasnt home- when I asked her what it was about she was really evasive…I continued to push the topic and it turns out she opened ANOTHER credit card and never paid it off and I was being sued for it. We went to court, explained the circumstances (shes a jerk), negotiated the amount and I paid it off. I knew it would be at least 7 years before my credit would be worth looking at so I never did. OMG was that the second biggest mistake I ever made! (First was letting that ***** head live with me). I have 3 judgements against my house totalling almost $11,000.
I did somewhat learn my lesson- i haven’t spoken to that idiot in 3 years- good riddance to bad rubbish-shes my sister and I love her and I hope she does something good with her life but she ONLY does BAD with MY life so shes out. But I’m still not willing to press charges or anything like that (I’m not even sure I could this late in the game).
How do I pay these off? Is there any chance I can get the amounts reduces? I have SOME of the information- the name of the company that owns the debts and the account numbers, but when I looked up the name of one of the companies to get the number so I could just pay them I read AWFUL things about them. For starters- they will treat me horribly, which I understand- as far as they are concerned I’m just some deadbeat who didn’t pay my bills and am probably an only child making up this sister just to not look like such a scum-bag. Secondly- from what I’ve read they don’t notify the credit bureau once they get paid! Its bad enough that I have to pay financially for HER ignorance- I shouldn’t have to pay with such emotional strain as well!
IN 2005 I discovered that my sister (who had been living with us at the time for a few years) had gotten a few credit cards in my name. It was a little out of control- but we paid it all off….3 years later I heard my sister speaking with a man who had knocked at the door and she told him I wasnt home- when I asked her what it was about she was really evasive…I continued to push the topic and it turns out she opened ANOTHER credit card and never paid it off and I was being sued for it. We went to court, explained the circumstances (shes a jerk), negotiated the amount and I paid it off. I knew it would be at least 7 years before my credit would be worth looking at so I never did. OMG was that the second biggest mistake I ever made! (First was letting that ***** head live with me). I have 3 judgements against my house totalling almost $11,000.
I did somewhat learn my lesson- i haven’t spoken to that idiot in 3 years- good riddance to bad rubbish-shes my sister and I love her and I hope she does something good with her life but she ONLY does BAD with MY life so shes out. But I’m still not willing to press charges or anything like that (I’m not even sure I could this late in the game).
How do I pay these off? Is there any chance I can get the amounts reduces? I have SOME of the information- the name of the company that owns the debts and the account numbers, but when I looked up the name of one of the companies to get the number so I could just pay them I read AWFUL things about them. For starters- they will treat me horribly, which I understand- as far as they are concerned I’m just some deadbeat who didn’t pay my bills and am probably an only child making up this sister just to not look like such a scum-bag. Secondly- from what I’ve read they don’t notify the credit bureau once they get paid! Its bad enough that I have to pay financially for HER ignorance- I shouldn’t have to pay with such emotional strain as well!
Is there anyone out there who has accumulated some debt then used a consolidation company to help them get there credit affairs back in order- a company that treated them with respect and dignity? Thats what I am looking for…a company that doesn’t need to know all the background info- just willing to help me from this point forward.
Ive never done this before, so if you have ANY advise for me please feel free to pay it! Horror stories are totally welcome- the last thing I need to do is pay some other company $11,000 only to find out they kept it for themselves thru some crazy loop hole!
Thank you everyone!!
Kittie Dixey
InDigo asked:
I need some companies that are reliable and trust worthy and work for getting out of debt, paying off my credit cards and other miscellaneous accounts. But i have no idea where to start, or how these work.
Darius Cartmell
I need some companies that are reliable and trust worthy and work for getting out of debt, paying off my credit cards and other miscellaneous accounts. But i have no idea where to start, or how these work.
Darius Cartmell
pprock42 asked:
There are many company that claim that they will help you get out of debt but I have found that they will make it worst for you. Credit report agancy sell your information to other scam artist who will send you things in your e-mail that will check your credit and make your score lower.
Scot
There are many company that claim that they will help you get out of debt but I have found that they will make it worst for you. Credit report agancy sell your information to other scam artist who will send you things in your e-mail that will check your credit and make your score lower.
Scot
AshleyK asked:
We have a loan that is a little over $28,000 and about5 $9,000 on credit cards. We wanted to do one of those credit counseling services but I think they only help you if you are in major credit card debt and are interest rates on our credit cards are zero percent. What should I do?
Ka Aragoni
We have a loan that is a little over $28,000 and about5 $9,000 on credit cards. We wanted to do one of those credit counseling services but I think they only help you if you are in major credit card debt and are interest rates on our credit cards are zero percent. What should I do?
Ka Aragoni
Jennifer asked:
Long story short, after a bad relationship and post natal depression i finally came through it all, and have ended up with around 10.000 in debt, i want to start again and pay everything off, but dont know where to start, any ideas???
Janet
Long story short, after a bad relationship and post natal depression i finally came through it all, and have ended up with around 10.000 in debt, i want to start again and pay everything off, but dont know where to start, any ideas???
Janet
ACV asked:
I am so far in the hole it’s not even funny!! please help, i’m thinking about getting a second job!!
Herbert Coolbaugh
I am so far in the hole it’s not even funny!! please help, i’m thinking about getting a second job!!
Herbert Coolbaugh
professorpippyppoopypants asked:
I recently applied for, and received a credit account with Dell. The account has been open for less than 6 months. I made a purchase with the account, and paid it off before the next billing cycle once I received the bill. When I checked my credit, it said that this was hurting my score because it is a new account, and also because of the credit limit. Closing this account wouldn’t affect my credit utilization ratio, but would it stop counting against me as a new account? Should I close this account? Should I get the limit lowered? Should I do nothing? I don’t have any balances on any credit card or any other revolving accounts. All I have is a car payment.
Kathryn
I recently applied for, and received a credit account with Dell. The account has been open for less than 6 months. I made a purchase with the account, and paid it off before the next billing cycle once I received the bill. When I checked my credit, it said that this was hurting my score because it is a new account, and also because of the credit limit. Closing this account wouldn’t affect my credit utilization ratio, but would it stop counting against me as a new account? Should I close this account? Should I get the limit lowered? Should I do nothing? I don’t have any balances on any credit card or any other revolving accounts. All I have is a car payment.
Kathryn