 Where can i get a credit card....? |
| Where can a student with bad credit get an approved non-prepaid credit card?... |
|
 Debt Collectors Called me, Im scared |
| I don't know the name, but they said theyre a debt collector company, and wanted me to call their main office. I'm scared, I don't know what to do. My mom doesn't know what it is (... |
|
 Does it help your credit score to have more then 1 credit card and if so how many should a person have? |
| I was just curious if I should get a second credit card. right now i have a visa and was thinking of also getting an amex.... |
|
 Is having a credit card a good idea to get a good credit rating? |
| If i get a credit card and set up a direct debit to pay it off everymonth will it make my credit rating good? is this neccessary for things like morgarges in the future?... |
|
 Closing a credit card....??????? |
Hey guys,
I was wondering if closing my credit card will hurt my score. It was my first card, I've had it for a year. It has a horrible interest rate, a low credit limit (200), annual fee,... |
|
 If I have a credit card open with zero balance is there harm to my credit keeping it open? I will never use it |
| I have a victoria secrets credit card. I have paid it in full and have no credit available anymore. I like to keep it open because I receive benefits each month & coupons. Does it harm my credit ... |
|
 How can i sell on eBay without a credit or debit card? |
| been a member for long time and i can buy things but when i try to sell they tell me i need a credit or debit card and i dont have one and im not getting one can anyone ... |
|
 I am unable to pay my credit card bill? I ve been jobless since last 5 months?Help? |
| With an outstanding of 25K the customer service agent told me to pay some money per month. Over last 5 months I ve paid alreday 10K and instead of being (35-10K=25K) my Balance is coming upto 55K!! H... |
|
 I need a personal loan for $3,500....have bad credit.? |
| I have looked online, and gotten nowhere. My credit score is too low for prosper.com due to a recent bankruptcy (divorce!) and my current AmEx debt (keep reading). I don't have a co-signer. I ... |
|
 Ok Please be honest with Me Does Bad Credit Prevent me from becoming Employed? |
| I am asking because I have a feeling that it does and it makes it hard on People to do things with bad credit on their credit report.... |
|
 Problem with dept collectors... HELP!!!? |
| Ok, so... I'm 20 years old and I was being a moron when I was 18. I got three credit cards and went out of control. So now I have to pay for the mess I made. Well, Last month I couldn't pay ... |
|
 Does this seem like a scam or not. this guy is offering me a loan at 2% interest rate.? |
| Thanks for your loan inquiry and yes, i am a private money lender an approve and license by the Government, i can help you and i give out loans at an interest rate of 2% i really want to help you ... |
|
 I think someone used my credit card...please help? |
| I was at the club, and was ordering drinks for my friend...I started 2 tabs through out the night, and I have 2 receipts...One is 10 bucks and the other is 15. I closed the 10 dollar one out at 15 ... |
|
 Can 13 years old get there own credit cards? |
| im 13, and i want to start using ebay, but i need a credit card. do i need like my moms or dads credit card or can i get my own connected to there bank or something.... |
|
 Someone just called me from the hospital saying that .....? |
| if I don't send to them 6 months worth of monthly payments and give them my account info they will ruin my credit. Is that true? I have been sending payments every month. The account has not ... |
|
 Do you use you Credit Card for Luxuries or Survival? |
Additional Details
Funky, i hate your guts too you Slag !!... |
|
|  |
cabezadecaca | After going to collections, do I still have to pay? |
I have just a little over $20,000 in credit card debt. Its about 5 different credit cards and I havent paid them in 4-7 months. Some are in collections already and I have received a letter from an attorney. I called a few consolidation places, and debt settlement places but they want a payment of $500 a month and there is no way I can afford that. Does anyone know what I can do? |
 |
 
joecseko
|
Yes.If they've gone to collections or an attorney then they're on your report(s) and marked key derogatory or 30,60,90,120 days late.Sometimes the creditor will sell these written off accounts to resurgent companies.At that point you should contact the resurgent company and dispute with all three bureaus.
Once you dispute an account that's sold or written off the creditor has no claim to it anymore and will not reply to the dispute.Then the bureaus will remove the information.I did this very same thing and am paying Capital Management only 2477.00 back on 7079.00.They buy these accounts for just a few cents on the dollar and don't report to the bureaus.Resurgent companies don't want your credit ruined.
Bankruptcy is the very last resort.It screws up your credit almost as badly,and yes these bankruptcies go on your reports.
Barring any of this contact an agency(like the ones you see commercials for) and they can help reduce your payments.I have to do this with my evil ex-wife because I unknowingly married into 27,000.00 of credit card debt.I think we used Credit Guard but I try to think of that experience as little as my failed marriage |
|
Glee
|
The best thing to do is call and be honest. Let them know you can't pay the bills. They should work with you and put you on a payment plan. Even if it went to collections, you still have to pay the debt. Debt doesn't disappear. You can ignore it, but it doesn't go away.
This is very very bad for your credit. Now you also have to clean up your credit. Go to experian and pull your credit report. See what you have to pay off. Get in touch with each company and tell them you want to pay off the debt, but don't have the money. You can ask them to lower the debt to. Some times they are willing to get a partial payment then nothing at all. I encourage you to take care of this matter right away. This is going to cause you lots of problems in the future if you want to buy a house or get anything having to do with financing. |
|
smm
 |
your probably just better off dealing directly with the various collection agencies (which is irritating). They're ususally willing to settle for something and work with you to get thier money. Don't let them frighten you. If you can't pay, you can't pay. After you've explained the situation with them and tried to hash out a deal, there's not much you can do. If it gets really desperate, try filing for bankrupcy (but that's if it's really bad) |
|
lorraine12937
|
if you have never filed bankrupcy you can file but its very bad to do cause your credit is ruined for life ,
you should look around and get one co to put them all together and make one pyt. they will work with you and give you a low pyt that you can afford. |
|
tygernside
 |
1) Destroy all cards.
2) Make yourself a monthly "realistic" budget.
3) Contact each card & inform them of situation you are in but you want to handle this debt by paying instead of filing Chpt 7.
4) Ask each one to suspend the account. Make sure this will stop the fees & sometimes interest (depending on company but YOU need to address it).
5) Make your payments by money orders (NO checks).
Otherwise if you can't do this then you will either file Bankruptsy or go through the consolidation company. But the above out line is basically what they do. The $500 monthly fee is used to make the payments for you after they have contacted everybody & did what I layed out above plus a nominal fee for their assistance. |
|
Mark T
|
If you write to each one, explaining that you are no longer able to service the debt at present and offer them the following choice, they will almost always take option 2.
1. Explain that you cannot afford to pay the amount - nor do you have any assets that can be sold. You regret this but unless they are prepared to consider option two, then your only way forward it to go for bankruptcy. Explain that this will result in little if any money being released (assuming this to be true) once preferential creditors are paid (IRS etc, secure loans etc)
2. they agree to remove ALL interest charges from the account, freeze interest indefinitely and you will then agree to pay off what you can reasonably afford to do - perhaps a token payment of $25 per month "until such time as things improve".
In a surprisingly high number of cases, they WILL agree to this - especially if you explain that you are in a position to make a payment immediately if they agree. The only point then is you MUST keep your word and maintain the agreed minimum payment.
Other than that, see if there are any "debt advice" services that are operated by charities etc that might give you free impartial advice. |
|
jqdsilva
|
probably not. let this be a lesson to you and to anyone who think they can spend so much in credit cards without having the actual money to back it up. |
|
Skuya!!!
|
You have to pay, the debt will never go away, just pay $50/mo to each one, they cant really do anything if you are making an effort, but get them paid and try to save your credit. |
|
bradschuman
 |
Well, if you want to get out of paying it, you're screwed. The only LEGAL option i know of to get debt excused is by declaring bankruptcy. Otherwise, you need to make some sacrifices in your spending. If you try to blow it off, you'll screw up your credit for a very long time. |
|
SadToday22
 |
Yes you do have to pay it....and then some after it goes to collections. Why did you not pay? This is going to effect you for years to come if not taken care of quickly. I don't think the Debt Consolidation places are very good....I've heard that if you pay your $500 per month, sometime they "forget" to pay your creditors. If an attorney is trying to contact you, they very well may try and sue you (and win) and garnish your pay checks. Advice I can give you....call your credit cards and try and work out a "settlement" with them (if you can afford it) and pay them off for a certain amount less than you owe, OR make monthly payment arrangements. Most will work with you because they would rather get SOME money from you than pay an attorney to sue you and then they only receive a portion of it. If you still can't afford it, maybe consider a 2nd job? Bankruptcy should be your last option and it's very hard to file now days (credit cards are considered a "luxury"). Good luck, I wish you the best |
|
Jack
 |
You either have to pay, or declare bankruptcy - you did incur these debts, after all.
Bankruptcy is not a panacea. In the USA, it puts a black mark on your credit history for seven years, making it more difficult to get a loan that you really need.
Have you spoken to the collection agencies? See if they will agree to payments that are affordable to you, and, stop using the cards! |
|
♥♥♥ Pink ♥♥♥
|
You have to pay them off. You will need to write a letter if you are being sued and tell them how [usually a money order so they dont have access to your account info] and when you will pay. As far as them being in collections you can make arrangements if you desire but be sure to stick to them or you will be sued again |
|
BPSKI
 |
You should first consult with a bankruptcy attorney and discuss your problem and you do owe that money unless you have bankruptcy proceedings |
|
Jennifer
|
Why did you stop paying them during 4-7 month? You should call
more consolidation place and find one that can give you a lower payment plan. |
|
d h
|
Ring one of those credit companies with the REALLY annoying adverts like LoanDirect...we could consolidate all of your debts into one low affordable monthly payment! AHA! maybe u dont have those in america but...yeh. |
|
mystic_eye_cda
|
Contact a Bankrupsy lawyer and see if that is an option.
And yes once they are in collection you have to pay either the original company or the collection agency otherwise they will take you to court and may garnish your wages, clean out your bank accounts, etc, etc.
You owe them money you really think they are just going to go away? Do you think you don't owe them the money? Are you nuts? |
|
Jenny K
 |
If you cannot work something out with each individual company, then I am afraid bankruptcy is your only solution. You will never get that much credit card debt paid off after you add on interest, attorney fees, etc. |
|
Asigma W
|
Bankruptcy filing. |
|
Rachel Bitchface
|
You could get another job to pay them off you will have to pay them off!! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
19 | 2 minutes(s) ago
| | | |
19 | 19 minutes(s) ago
| | | |
19 | 20 minutes(s) ago
| | | |
19 | 53 minutes(s) ago
| | | |
16 | 56 minutes(s) ago
| | | |
20 | 1 hour(s) ago
| | | |
19 | 5 hour(s) ago
| | | |
19 | 10 hour(s) ago
| | | |
19 | 11 hour(s) ago
| | | |
19 | 1 day(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
