a collection agency is sueing me for an account i had with a credit card company. The credit card company charged off the debt. Is this legal? can this be done?...
My partner recieved a letter yesterday from a debt collection agency saying he owed £8,136.00! He telephoned them to ask what on earth it was for and he was told it was for a car he got on finance ...
When even prosper says your credit score is to low? I just bought a car for 200 on friday it broke down on monday. Need a car BAD. is there any place that will loan money to people with less then a 52...
I know they always say to pay off the credit card/loan with the highest interest rate. In my case, if I have $1,100 to spend, should I pay off a loan that has a balance of $600 (7.9% interest) and ...
Is there anywhere on the internet where I can go to find out exactly what debts I have in my name? I'm in the process of trying to fix my credit but I have a few things that I'm not even ...
I'm 18 years old, just finished high school and frequently I find myself on the internet wanting to buy cheap things in the $20-50 range, and I was wondering how and if I can get a $500-$1000 ...
Nationwide Credit wants the same amount, they are representing them, I think-I can still access my American Express account online-who do I pay to resolve this matter? Would it make sense to just pay ...
I get these emails about claiming free gift cards if I participate in some offers. If I participate in the offers, would I really receive the gift card? Has anyone ever gotten one?...
My Credit is really bad from long ago. I am trying to pay it off an reestablish credit. Any credit cards i could apply for? Thanks!...
feoa21
3 years ago my credit card account went to a debt collections agency - can i pay it off and get my card back?
Probably havent paid any money for about a year as my circumstances changed and my account went to a debt company. i owe about 800 pound, maybe 1k now with charges. I havent had communication with them for at least a year. I want to know what happens if i pay them the money back. The card is suspended and they never sent me a new one when it expired ( obviously) but if i pay the money to the debt company will the credit card company let me have a new card once its paid off or not? Its with Barclays...
Given that you failed to repay the debt there will be a record of this on your credit history report. Even when you have paid off the debt the fact that you defaulted will still remain on your credit history.
Hence you may have difficulty getting a credit card from Barclays - or any other provider.
If you want to check your credit history report you can do this for £2 - check out their web site www.experian.co.uk
Anjell
You most certainly cannot get your card back. You defaulted on your account and along with it lost your card privileges.
All they'll want from you is what you owe them. They won't be extending credit to you anytime soon and neither will any other card company will with an existing card collection item on your credit report.
Start over with a secured card with Capital One for say $500 or more if you can afford and don't max out your card. Use it sparingly. Pay in full and on time everytime.
retox
Getting any credit is now very difficult - due to the credit crises, companies are very careful who they give credit to. I am confident in saying that Barclays will probably never give you a credit card again. At the current time, you will be extremely luck to get any credit with an adverse credit history.
Doctor Deth
you can pay it off, I doubt they or any credit card company will let you open a new acct any time soon - you'll have to wait for your credit score to go back up AFTER you have paid off the debt-maybe 2-3 yrs
John D
If you have the cash on hand to pay off the debt you can likely settle your debt with them. I used to do this for a living for people...more often than not you can negotiate 45 to 55 cents on the dollar for what you owe. Once you settle the debt, contact the credit bureaus and have them remove the collection. The creditor won't reactivate your account, however, once your credit is cleaned up you will be able to acquire new credit.
stevewiseman
Why not do a runner and get a different card......up here for thinking down there for dancing my son.
ghosthuntergirl
just wait another year & reapply ;)
marie
Well once you pay it off you can regain credit with them be applying for another card they will not activate your old card.
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