 Whats the best way to build our credit without getting into a lot of debt? |
| We are young newly weds and niether of us have anything (good or bad) on our credit report. We were able (luckily) to be able to sign a lease for our apartment without a cosigner. I make the payments ... |
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 Why do we give sympathy to those with credit card debt? |
| No, I'm not referring to those whose identity has been stolen. I mean those that have, from their own irresponsibility, have bought so much stuff that they are now in mountains to debt. Why ... |
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 How do credit cards get away with outlandish interest rates? 30%??? |
| I thought there was a law that prevented them from going higher than a certain number. I used to see the highest rate being 21% but now it seems to be up to and over 30%! This is why I don't ... |
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 Does it hurt to Apply for Credit Cards if you have no Credit History? |
| hi, i just turned 18, never had any credit cards, never paid any bills, and i applied online for my bank of america student card, however, i was denied even though i met the qualifications, so i ... |
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 Any doubt counsellors or solicitors with debt experience out there? |
my friend (yes,really, not me (grin)) has arranged
regular payments wh all his creditors which he makes on time - one of them in particular keeps threatening him with legal action or debt ... |
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 Does anyone know where i can get my credit report? |
| i want to get my credit report so that i will know what i owe so i can buy a house for myself and my son for a better life but i actually want to get the report without having to apply for credit ... |
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 Is this a bad way of building credit? |
| I am 18 and I have a $23,000 auto loan that my parents co-signed for me. I also have a credit card. Both payments I pay in full and on time each month. Does this look good as far as building credit ... |
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 Credit Cards? |
| The other day i got my credit card bill in throught the post. I always pay the full amount the i have borrowed. Last month i payed it off on line, but never payed the entire balance by £0.12. M... |
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| What's a credit union? |
| I've been reading the answers on this page and credit union keeps popping up as a source of help, could anyone explain what they do and where they are please.... |
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 I have recently applyed for a cedit card from cgs i had to pay $50 so why havent i been acceped? |
| they said my details have been passed onto virgin i have just been on there and been refused why and what was the payment for if im not gonna get a bluddy ... |
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 I have a credit card qeustion? |
| i have thought about getting 1 of those credit cards seen on tv,the 1 u buy at the grocery store where u can put the amount of money u want on it,wat is those kinds of credit cards called,plz ... |
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 Fixing my credit? |
| how can i find out exactly how much i owe and where to? trying to work on paying off all my old bills. thanks...-... |
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 I am 18 years old but have absolutely no credit, so what type of credit card should I apply for? |
| I am 18 years old, have no credit at all, have nothing in my name, but do have a job. I applied for several credit cars (Capital One, Sears Card, Firestone Credit) and they all denied me. I was ... |
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Darrel R | Bill collector told me if i cant pay him, he could get me fired? |
Hi i have a bill collector after me about a bill 8 years ago from a divorce. it was a credit card for 8k, from my wife... Now he wants 15k to satisfy this, i explained to him it was my wife. He recited my work place and told me he could have me fired for not paying this bill, because that his firm dose business with my company??????? I sell semi-trucks for one of the nations largest dealers. I am conserned? dont have that cash AND i did not see this on my credit reports |
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Mike
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It's illegal for him to tell anyone about the debt, and it is illegal for him to threaten you... except for notification of a lawsuit IF he is really suing you.
Every time he calls and threatens you, politely tell him he is breaking Federal law, and you will not talk to him unless he treats you with respect and follows the law. Then hang up the phone.
People should pay their bills... if this is a legit debt, you should settle. After 8 years, he will probably settle for 10% on the dollar.
The guy is a bottom feeder. Dont worry about it. And if he does violate the law, sue the crap out of him. |
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paigespirate
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At this point, after that period of time, to fire you for a bill is illegal, unless it were determined that the bill was illegally created, such as check fraud ...
This is a case of him needing to be recorded and reported to his company. I cannot put my hands on the info, but this is harassment and is illegal.
The only way your company can fire you for money owed is if you broke the law in creating that bill, then you could be found to be a felon and they could probably say you lied in coming to work for them, since most companies do ask in writing, if you have ever been convicted of a felony.
You have not and it is not, so no, he cannot get you fired.
Truth be told, he works for a company that buys old "paper" or debts for pennies on the dollar and then tries to collect anything on it, for a profit. If you offered him 500.00 he will jump on it, eventually.
Your initial debt, or your ex-wife's debt, was written off as bad debt and a tax write off years and years ago. I would tell him to kiss off. You probably have it covered in your divorce papers, but the point is, he will settle for a little bit of nothing.
Good luck. |
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stan c
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Since the bill has been in collections for 8 years, i'm sure the SOL ran out by now. Also in most states, they can not sue after 4 years but that depends what state you live in. If he calling you at home, call your phone co. and have them put a tracer on it. They will go after him if it's recorded. |
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Sue Him
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After 8 years he legally can't post to your credit report. You also have the right to tell him not to call you at work. He can't ask that much more over the old account. If you do decide to settle before you give a dime get it in writing and deal only with his supervisor. If you cannot speak to a manager no deal. You can get him fired just because of his illegal activity. Don't fall for it. Request no one calls you they can only mail request from now on. |
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drewxjacobs
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Those pesky bill collectors will say or do anything to try and make you pay. He cannot have you fired and I would question the validity of this debt after 8 years and one belonging to the ex wife.
It is against the law for him to contact you at work and if he starts this, ask that he please refrain and if he does not, consult a lawyer. You could sue his company. |
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Pengy
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Tell him first of all the debt is past the statute of limitations, and that means yes take me to court and I'll have it thrown out. Next inform him that what he is doing is illegal, then go to your congressmans website, explain the situation have his name, and his company's name and before you know it they will receive a letter from the Attorney Generals office stating they are under investigation |
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spice2621
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Debt Settlement- Owe $10,000 or more in unsecured debt? Avoid bankruptcy now! Stop the calls and headaches. Get back to your life. Taking care of your Debt 1st. Call 800-673-7741 for a free consultation. Or check out our website mydebt1st.com
We can help settle your debt! |
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Hydrox
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See the links listed as the source -
Next time he calls, tell him you are recording the conversation and you can push "MEMO" on your answering machine and it will record it - tell him that threatening to get you fired is again the Fair Debt Collections Practices Act and you can sue for it.
Were you on the account with your wife? If so, you are just as responsible as she - no matter what your divorce shows. If the divorce shows she is responsible, after you pay it off, you can sue your ex for what you paid. If you were just an authorized card user, you are not responsible. Most collectors- once the account is that old, if you have the money and can offer them half, they usually will accept it. Do not send anything to them until you receive in writing that they agree the amount will satify your entire debt. Make sure it says "PAID IN FULL". Do not give them access to your account - they will clean you out. Once you receive it in writing, send them a cashier's check.
Good luck. |
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Don M
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I would talk to a lawyer and get a cease and desist order written up on this guy. PERHAPS if the debt is not settled AND it was determined after the divorce that you were responsible for paying it off, he could garnish your wages. But the whole business about inviting you over to his place and threatening you sounds unethical and probably illegal.
If you truly do owe this money, talk to a reputable financial counselor of some sort and determine what is the best way to settle the debt, or have it written off if it hasn't already been written off. |
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evaon
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One: Get the collector name, address, and phone.
two: Let him know what he just did is against the law. You can then call the police, this is a form of extortion.
Three: Write the collection company a letter stating that you want them to Cease and desist from contacting my work. Make sure you send it registered mail.
four: Go to staples or office depot and find a area that helps you to write letters for credit/collection companies.
You might want to dig up the proof that its your wife's bill and send it in the letter. What he said is against the law, that's a threat and or extortion. You might want to get a phone recorder, and play it back to him. Then say, I will get you the info that the bill is my wife's OK. |
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shoredude2
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Go to creditinfocenter.com and find out what the statute of limitations for debt is in your state (and the state where it was opened if different). If the statute of limitations has passed, the next time he calls explain to him that the statute of limitations for that debt has passed and if he continues calling that you'll consider it harassment. (Don't threaten to do anything, and don't let him turn your words into that you made a threat).
You shouldn't worry about it. After 7 years, it no longer appears on your credit report. The threat that he could get you fired is just an idle threat. |
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collctor2
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This debt is 8 years old and would have fallen off of your credit report by now. Statute of limitations is 7 years.
No, he can not get you fired.. its illegal.
If you do want to get it taken care of, which they CA
N NOT sue you or garnish wages due to the statute, then see if they will settle the debt with you. Some companies will settle for less that the original balance of $8K.
But for real.. this is ridiculous, he is harassing you. You do have rights. Check out the Fair Debt Collections Act for your rights (link below). It will tell you what a collector can and cannot do.
*EDIT*
Please realize this, lawyers and judges fail to tell people who are getting a divorce this very important rule. If you signed a promisary note or an account agreement for a credit card, that prom note supercedes any judges dission on who pays the debt. You will still be solely responsible in the credit cards companies eyes. If she was joint on the account, she is equally as responsible. |
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