 Why the heck?! (Credit Report question)? |
| I have had a capital one card for years now, it only has a $500 limit w/ a high intrest rate and I have NEVER been late on it. After significantly improving my credit (years of work) I applied for ... |
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 Who should I go to refinance my house if my credit score is 535.? |
| my credit is 535 my first loan is 148000 and second for 42000 and I need to pay some credit cards for 12000 my house is worth 253000 and I make about 3000 a month. Do you know of any companies or ... |
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 How to apply for a credit card? |
ok... so i have a few questions about credit card....
1. what is the difference between a visa and a master card?
2. can i apply a credit/master card if i have no job?
... |
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 What happens if I stop paying my credit card entirely? |
No BS here
We're severly in debt after my wife quit work to have our children be a stay at home mom 5 years ago. I work 2 jobs but its not enought. She has few job skils at any rate
T... |
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 If you pay of a credit card, and then get a refund, what happens? |
| So I have a credit card with a fairly high APR with a $200 balance on it. If I pay it off completely, and then end up getting that money refunded to me, what happens to my account? does it make my ... |
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 Is it illegal to charge a consumer more more if he or she would prefer to use a visa/mastercard over cash? |
I work for a company who has independent contractors that are always trying to get our customers to pay with cash vs. credit. I am wondering if this practice is illegal.
Our company ... |
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 Could my wife be affected if i file bankruptcy? |
| We don't share any credit card and checking accounts, and the propety doesn't has my name on it.... |
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 Do I need a credit card? |
| I just graduated from a graduate program. I have never had an actual credit card, just a bank account with a credit/debit card. My BF told me I needed to get a credit card to establish my credit to ... |
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 Obama now wants to go after "predatory credit card" companies? |
| because they are the ones responsible for putting Americans into debt. In my opinion, Americans' lack of personal responsibility is what is getting them into debt. Keeping up with the Jones... |
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 Credit check for a job? |
| i have been offered a job pending a credit report on myself so i cant get excited about the job offer because i might not get it. Can anyone tell me what type of debt they look for? i have been late ... |
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 Does the average American really have 8 credit cards? ? |
| There is a debt consolidation company that has a commercial which claims that the average American has 8 credit cards in their wallet. I find this totally ridiculous, and hard to believe. Do you ... |
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 How should i deal with my debt? |
| im currently with Scottish power for my gas and elec, and have been unable to keep up with the payments so have a debt of £915 with them(wont bore u with the details). They have now passed me on to ... |
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| Should I settle my debt of pay it in full? |
| I am 10 k in debt and haven't paid on any of it for over a year. I know that if i make a settlement that it will show on my credit just as that and not paid in full. I think i can cut the amount ... |
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 What does "Principle" mean when dealing with loans? |
It's hard to find the definition. I have looked it up before posting here, but can't find it.
Thanks in advance.
(I do vote best btw)... |
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 When a credit card had "check ID" on the back, what do I need to look for on the license? |
| I know that the face need to match the person, and the name on the credit card needs to match the name on the ID. Is that it? Or do I need to check anything else?... |
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 Hey can anyone tell me where i can get a loan for 3000 dollars please help? |
| hey im unemployed have good reefences but bad credit rating im after a loan of 3000 dollars does anyone know where there a website that will loan me the ... |
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liza | Bad credit help? |
hi i am 33 years old and over last years i have had bad credit cause of losing my job having a loan with no security ,unable tp pay loads of debts having thins for my partner wich he never payed i couldnt afford to pay etc,i would say am in debt for about 17.000 im currently unemployed but am looking for work is thier a way forward,what can i do with all these debts can i declair bankrupcy or get some written off ,how do i improve my credit for the future i want to be rid of this debt help ,i dont want to get into anymore debt so debt consolidation is not a option.
Additional Details
not a good answer cutting my legs off ,i am admiting im in the wrong is this not the first step to helping yourself some people gods sake,dont tell me you never fallen inlove with someone thats a idiot am paying big time so please dont intimidate my intelligence a am in the wrong |
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Tyson boy's dad
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If debt consolidation isn't an option then Bankruptcy is your next step.
After that then you can work on rebuilding your credit. |
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firefly
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You have my sympathy, if it is as you say not self inflicted.
The only thing I can suggest is the citizens advice people, but ask for an appointment with a financial specialist, sorry can't be of any more help than that.
Good luck! |
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alatoruk
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and now for some practical advice.
citizens advice bureau. they have some wonderful debt people. They might recommend banruptcy, but it will only be as a last resort. What they can do is come up with other options.
if your creditors know you are taking it seriously (the citizens advice ringing them up to discuss it tends to prove that point to them) then they will bend over backwards to stop you going bankrupt. After all if they help they get some of their money, if they dont they could lose the lot.
and 17,000 isnt alot, you want to look at bankruptcy when you have another 0 on the end.
bankruptcy is hard, I know it no longer has the stigma attached to it it used to have, but you lose EVERYTHING.
you lose your home, your bank account, your ability to live you own life. if you have a nice car, you sell it and buy a nail, the money goes to the receiver to divvy up between your creditors. if someone (god forbid) dies and leaves you a legacy (parents tend to do this) you see none of it, it goes to the receiver who divvys it up between your creditors. need i go on.
CITIZENS ADVICE - NOW !!!!! |
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JJ
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Try to avoid declaring bankruptcy at all costs as that will negatively effect your credit for years to come. Contact the companies you owe and see if they can come up with a new repayment schedule for you - maybe lowering the interest rate for a period of time? Other than that contact the Citizen's Advise Bureau to see if they have any debt advice for you or if they know of any free debt counselling services. |
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shilpa s
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Below link will certainly help you. refer bad credit section. |
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monty
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Change you name and go live in a caravan at the coast they`ll not find you there. |
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:-(
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you could also look into a whats called a IVA your citizens advice bureau could explain about this option, but an Iva does take any assets in account, try to avoid bankruptcy |
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Edward
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Well you have probably made up your mind for you. First question would be is what kind of jobs are you capable of getting. If you are capable of making more 15/hr then I would say you should consolidate your debt and work out a payment plan. Another option is to contact your creditors once you have some money then offer to settle your debt for a reduced amount. You send them a check for a reduced amount, usually 20% of the debt and mark the check "Payment in Full", by law if they cash the check then they are accepting the terms. Also request that they make an entry into your account stating that you paided the debt in full. If you do not see yourself making 15/hr or above then the best thing to do is to declare bankrupty. I'm sorry but I hope you are not in this category. Third, credit card debt only remains on your credit report for seven years. So as long as you haven't made a payment or told them that you were going to pay then I would wait it out. Later... |
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beauty s
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Pay off all your bills, and make sure u pay off bills each month.. and if u don't have the money don't use the credit cards.. |
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pollywallydoodle
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The stigma that was attached to bankrupcy has faded somewhat. You would probably be discharged after one year and if you have no income you would not be expected to make any payments. It will cost you I think £485 to file. Your other option could be a debt management plan until you get yourself back earning again, if you dont have too many creditors you could write to them asking to make token payments to an amount you can afford and freeze interest, but this wont stop them chasing you if they want to.
As for credit it will rebuild itself but may take some time after bankrupcy but in all honesty and I too have learnt to buy what I can pay for and if you have no debt you can save. |
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yaff
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What I'm going to tell you know is the best advice you will get.
Go to www.consumeractiongroup.co.uk
Its a completely free service full of people that are / have been in debt just like you, the only difference we now how to put these creditors in their place, we know more about consumer law than the creditors themselves.
There have been people on CAG that have thousands of pounds written off because creditors are trying to enforce debts with incorrect paperwork. 8 out of 10 creditors are pursuing debt illegally.
Register which is free and anon. Post your question like the one you have posted here and you we will help you get your head above water again.
When your there look for yaffsimone1 in the debt forum and we can go from there. |
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steracrudy
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I thought I would never advise someone to file bankrupcy but here is a scenerio: my husband is 44 I am 39. This is our 2nd marriage for both of us. He and his first wife filed bankrupcy, I never have! He has wayyyyyyyyyyyyyyyyyy better credit then I do! Thats just something I don't understand and don't think I ever will. My as well file, doesn't seem like it hurts people anymore............but good luck to you no matter what you choose because you'll wonder what if with regards to the choice you don't make! |
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Succes
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Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan. |
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benbardot
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Nothing is impossible. It is possible to consolidate your debt if you are diligent. Best thing is to phone your creditors and explain your situation and see if you can change your payment terms to suit you.
Visit http://www.cheap-credit-cards.org for more info |
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MANAX
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Well, obviously the most reasonable thing to do is cut your legs off. Yep. Cut your legs off. |
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brian p
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Hi.
If you want FREE advice about iva's, bankruptcy or no credit check loans, take a look :
http://bestukloans.co.nr |
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