 Has anyone ever used a debt settlement company and if so, what was your experience? |
| I'm not talking about credit counseling, I'm talking about the firms that go to your creditors and offer to settle the debt for a small percentage of the total owed. If you have, tell me ... |
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 What is the Cheapest way to improve a credit score by 90 points by the end of the year? |
Preferably without getting in more .debt
Additional Details
I have a 610, with no latefee's or bad marks on my score.
I just have a high debt to available ratio. - 70%... |
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 How to use credit card? i am not sure.? |
hi there.
i just bought a desktop computer by my credit card.
now i have the computer. but i am not sure that how the payment happened? i just gave the credit card number which can be done ... |
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 Exceed credit limit on a credit card by a lot? |
| This is going to sound weird... but... lets say your credit card had a limit of, say, $3k, and you went $15k over that limit. I'm not talking about spending $15k on one purchase. I'm ... |
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 Does an unpaid credit card get forgiven in 10 years? |
| Hi. Someone I know just got a letter about an account she owed money on 20 years ago. She thought she paid it off. I thought if you owed money on a credit card, that the debt is forgiven if you ... |
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 Do you like credit cards? |
| i know there handy - but does it give you a ... |
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 Whats the best credit card to apply for? |
| I haven't had income for a long time, but is there any chance I could be accepted?... |
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 What is the best way to deal with a collection agency on a debt aquired from citicard? |
| This account had an original ballance of $4700 and has not been paid on for over 3 years. The agency wants $3800. Is this negotiable? By how much?... |
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 I need to find out who an 800 number belongs too? |
| some one is taking money from my bank account and all i have is a 800 number and they don't answer when i call. No company name is give on the automated system ... |
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 What credit card is perfect for people with bad credit? |
| I am looking for a credit card but I have bad credit, and I can't afford them expencsive deposits for a credit card so what should I ... |
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 Can't pay credit card payments! Please help!? |
| Ok, so I know I have messed up my credit big time. Not to mention that my fiancé’s car got reposed (I co-signed). I am not working like I was a month ago and I can not afford to pay my credit ... |
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 Is the credit crunch going to spoil Christmas? |
| I hope not because I am a big lego fan and I want the newest sets.... |
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 Anyone no of this person?? |
Mr Richard Walters
Richards Loan Agency
United Kingdom
Tel Num:+447011137447
Fax Num:+447005978351
I have been approved by this person, for a loan, and was wondering if ... |
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 Is it easy to get a loan in USA if you never been there? |
| A thought crossed my mind.. So I got curious. I'm sure the interest rates in the USA is cheaper than Australia. So how easy (or hard) is it for a non resident to borrow money from a USA bank?... |
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| How do i find out about my credit? |
| ive gone 2 some web sites but they all need credit cards theres no site out there that dont need one 2 check your ... |
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 How do debt collector works? |
I have an international friend who stayed for 3 months with me and now she left for her country with a bill from debt collector coming to my apartment.
She had a car accident which was her at ... |
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 What's the best credit card to get? |
I have a Capital One right now but I want to know about different benefits and rewards they have. Im not too worried about the interest rate because I pay it off every month.
Additional D... |
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Christy P | Credit Card Debt Help!!!? |
Here's the story.. I had 5 credit cards that I have been paying off.There was one big one for 7000.00. I tried to work out a payment plan and the collection agency would not work with me. Now I got a call from a lawery's office and they are going to take action against me. The person I talked to said payoff would be 5,000.00. There is no way I can do this. I want to pay off this debt but I don't know how. I can't come up with that much money. Would it be better to just let them take me to court? I don't have any assessts either. I would be grateful for any help! |
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Kourtnie D
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Here is the skinny. There is no such thing as debtor prison. So going to jail is not going to happen. The worse that could happen? judgments, liens, garnishments.
I would like to know what state your in?
can you email me the info privately? also there is a huge difference between being threaten to go to court and actually going to court.
Email me with the info and I will email you back with the rules in your state and what to expect / and do
Kourtnie
debthardship.com |
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tonalc1
|
Avoid court. Here's some info that may help:
http://www.ftc.gov/bcp/conline/pubs/credit/kneedeep.shtm
Add: As noted on this site, be very careful about debt management companies; many are scams (especially those that advertise on TV). |
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Sgt Big Red
 |
You don't want them to take you to court, this would give them the power to garnish your wages (although they can't get more than 25% of your weekly pay) and would be bad for your credit report.
Try using a debt counseling agencie recommneded by the FTC. This will put a stop to them harasing you and give you some breathing time.
Here is a link to companies qualified by the FTC. There may be a small fee and in some cases they will waive the fee depending upon your income.
http://www.usdoj.gov/ust/eo/bapcpa/ccde/cc_approved.htm
Govt approved credit counseling agencies. |
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Joe B.
 |
There are agencies that can help you deal with your creditors and credit card debt. Unfortunately the names escape me now. There is one that always advertises nationally on TV all the time.
Try looking in your yellow pages under "credit" or other similar listings.
Sorry I couldn't be more help. |
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ko
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Did you try telling them what you could offer at the moment. (cna you come up with any large sum like maybe 1000 just to start then start paying monthly.) If maybe you show some good faith, they will work with you. I also heard somewhere that as long as you are paying something they cannot bring action against you. Just start sending checks for 20 a week. Maybe they will back off. Then renegotiate the amount due after you have paid some. |
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John
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I would not risk going to court. You do have an asset with your paycheck. If you lose (which you will) they can garnish your wages. Also, it will go onto your credit report. I would do my best to pay them off. One option would be to borrow the money via a website like http://www.prosper.com/join/CaliforniaSun . You might be able to get a loan that has a lower interest rate then your credit card. It cost nothing to apply and if you get the loan there is only a $25 fee for the loan. |
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mycredit wealth,com
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It depends on where you live. In if you lived in Texas they could do nothing. Also if it dose go to court it will be in their county and they will not expect you to show. you will not go to jail either. worst case you can pay it latter.
Any questions let me know
ryan@robertscreditgroup.com |
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Mossespa
 |
Ok, as far as I know, the bank will insist that you pay, but in time, about two or three months they will sell your account to a collection agency and consider your debt to them as a loss, then the collection agency will call you to try to make you pay, but they can't take anything from you nor get you into prison, all they can do is put a very bad mark on your credit report and that's not the end of the world coz you can restablish your credit by using a "second-chance" credit card, like the ones Orchard Bank has, there is a whole "high risk" market where you can get a new card and if you couldn't pay the other one, get one with a lower credit line and tke care of it as if it was a child. Problem solved |
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