 Is there a way for someone on disability and has bad credit to get a personal loan? |
| i need a loan and i have no income except for my son's disability check and help from the state and i have bad credit is there anything i can ... |
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 Bankruptcy question? |
| i am contemplating filing chapter 7. i have an investmemt condo in miami in my name and my wife's name. will this be exempt from my creditors? ... |
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 Is it good to have a balance on your credit card? |
I'm new to credit cards.
I was always under the assumption that paying the full amount that you put on your credit card that month, at the end of every month (right before the due ... |
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 I'm 48 . Is that too old to start getting a Ph.D? |
| I mean most people my age are thinking of retirement. I feel like Rip Van Winkle.... |
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 Need help dealing with a collection agency? |
| These big Turds from Allied interstate collection company is calling my cell phone every hour looking for my wife. They are trying to collect a credit card she stoped paying 10 years ago in ... |
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 I checked with 2 credit scores sites. my equifax fico score is different. one is 518 and the other is 621 ,? |
| how do i know which site / and score is correct. i think this some bulls*** , unless someone tell me otherwise. please help me let me know, also what can i do to get credit score up. i have one line ... |
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 What credit card can I get if I have bad credit ? |
| I have bad credit and need a credit card. I need one that I can use to withdraw funds from the atm or use to make a money order. This is to pay my rent thats why I need either the cash or the ability ... |
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 Is this a scam? |
| someone claims to be a gov't official and wants to give me a $5,000 grant that i have to never pay back because i'm qualified. All the info he wants is my bank name and bank account #. He ... |
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 What is the best credit card for college students? |
| Can anyone tell me what the best college student credit card is? What's usually the credit card limit for students? I'm planning to get it just in case I need it when I go to South Korea ... |
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 Would you live in a van for 3 months to become debt free? |
How about in a small car?
Author and millionaire Robert Kiyosaki (sp) wrote that he was living out of his car for awhile.
Additional Details
Maybe 6 months is more realistic.... |
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 How can I remove charge off's from my credit report? |
| Can someone please advice some good advice on this matter.... |
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 Can I legally do this? |
I have a paid $10,000 federal tax lien on my credit. The IRS placed the lien on there last year and just a few months ago, I was finally able to pay them off. On my credit it shows as released.
<... |
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 I don't know how to fix his credit!?!? |
| my fiance has a credit score of about 550.we would like 2 buy a house soon,but i'm sure its pretty obvious that wont happen if we dont fix the credit problem.i have a few ??.i know this is going ... |
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 Credit card help buying fleshlight but 17? |
| Im 17 and have a pre paid master card im buying something that you ned too be 18 for if i just check off the verify that your 18 box on the site will they be able too find out im 17???... |
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 Is Capital one a good credit card to start with? |
| I want a credit card for just emergencies and I have a good steady job. If capital one is not good what is a good credit card to start with?... |
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 What is the biggest amount of debt you ever paid off? |
| I am currently writing my story on my blog. On Christmas Eve 2008, I was unemployed with $647,000 of debt. I have since read Dave Ramsey's My Total Money Makeover and I am intensely focused on ... |
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 I would like my automobile repo and would like to know what is going to happen after? |
| I let a person use my name to purchase an automobile and his negative equity on his prior automobile cause the loan to be 45k. The car is worth 25k and the loan is still 40k. The person split and now ... |
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 Credit Card interest rate went through the roof, why? |
| Can someone help me? I got my 2 credit card bills the other day one is HSBC Bank and the other is CITICards, both showed an interest rate 19.99%. I paid both balances off in full and am considering ... |
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 Pay one off or put a little towards all? |
| With my tax refund Im going to pay credit card bills, however, which is smarter? Put the refund all on one card or put a little on each card?... |
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Laszlo D | A $50 medical bill from my old insurnce co. in 2005 went into collections. my credit is 819, will they sue? |
-I got a Collections letter today for $50!? It's an overpayment from a past insurance company. Date of service was 11-6-2005 for a medicine prescription.
--------------------------------------... Nobody ever informed me of coverage termination prior to my pharmacy visit on 11-6-2005, but THEY WIN because even though I did not terminate coverage, they have proof of my employer (mistakenly) terminating coverage.
--------------------------------------... I can't sue my Federal Employer ( the TSA) , but I won't pay a dime!
-- Can anybody tell me:
----------------------------------------... Will they serve me papers to go to court for $50 Will I have to get a lawyer? How much will I be spending on lawyers and court costs?
--------------------------------------... If I have nothing to worry about legally; will my credit score of 819 realistically be hurt |
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Brian G
 |
They can sue if they want to. They probably won't for that small of an amount, but you never know. Paying for a lawyer would be a waste of money, because you don't have a case you can defend. To protect your credit score, just pay the $50 and try to get your employer to reimburse you. |
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OrangeKitten
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Hate to break it to you, but if it's really gone to collections and not just a nasty letter from the company you have not paid, then it's already going to impact your credit rating. No sense in paying up either as either way, you're already taking the fall regardless.
Also, you can sue whomever you want, but that still wont change your credit rating.
No idea on how much your rating will drop as it's dependent on a lot of things. Do expect a hit however, and minimize the blow by not opening any new inquiries for the next few years. |
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GUS
|
They can sue - however it is unlikely they will for $50. Most creditors will just put it on your credit report and wait. They will wait until you need a mortgage and the lender requires you to pay it off. If it's a government agency they may just deduct it from your federal tax refund next year if they can get the IRS to play along. Good Luck |
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mrsjanejetson
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just pay the $50. They most likely wont sue you but in most states. the legal costs to do so would fall on you. so if they spend 10,000 on their attorneys and court costs you now owe 10,050. Just pay the $50 its not worth the stress |
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beauty s
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yes it can hurt u but not that much and pay it |
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lilpuppy6
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Pay the $50.00. Trust me,You will sleep better at night. |
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aj485
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They may sue if you do not pay, so it is better to deal with it before it gets to that point. You will need a lawyer if they sue; if you can't get this resolved, you may want to talk to a lawyer anyway to see if they can help you get it resolved.
You need to go back to the insurance company and ask them why this is going into collections, since you were supposed to have coverage at the time. They need to prove that you didn't have coverage and that you should have to pay. If they did not accept your proof, then you need to find out what else is needed to prove it to them.
If it has not already hit your credit report, and you do not get it resolved before it hits your credit report, you will probably take a 50 - 75 point hit on your score. Above 720 or so is usually considered prime, so you should be okay for borrowing money if you need to, but it does affect your score.
It may be more expedient and cheaper in the long run to pay the $50, but only if they agree to not report the paid collection on your credit reports. You need to get this agreement in writing before you send them any money.
Try www.creditinfocenter.com for more information. |
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starfairy181
 |
Go to the forum section of http://creditboards.com and READ READ READ |
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PEGGY S
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Pay the $50 and go to the credit bureau and have it cleared from your record. If you explain what happened, they will indicate it on your credit file. |
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