 We are drowning in debt......dont know what to do? |
| We have been hit so hard with car problems, hospital bills, medication, etc. I have bipolar disorder, and also fibromyalgia, my boyfriend has a terrible back problem and has had to miss tons of work. ... |
|
 Why is it when you want a "free credit report" its never free? |
| all i really want is a free credit report, not anything to do with a credit card, if i had one i wouldn't need a credit report.... |
|
 I received a demand for payment of money today in relation to a 7 year old catalogue debt that I cannot even? |
remember accruing.
I rang them but the company were not very helpful. What on earth can I do? Surely 7 years is not a reasonable time in which to demand payment.
I live in S... |
|
 When one bank buys another bank out and sends someone in your family a credit card you didn't authorize what |
can you do. i had no knowledge of this and now they are taking me to collections.
Additional Details
can i do? the person that got the card did use it but the card was in thier name but ... |
|
 Am I responsible for my dead mothers mastercard bill? |
| the account was in her name only but she applied for a supplementary card for me. The credit card company says I am liable for the unpaid ... |
|
 I am in debt about 2,500 or a little less and currently unemployed for the time being. What should I do? |
| There are 3 credit cards I am going to fall behind on two of them this month and the other one of I already am behind on.. Also, my bank account is overdrawn about 981.00. I know that this isn't ... |
|
 How do I redeem my iTunes gift card? |
| I recently bought a 25$ iTunes gift card in the US and I live in Canada. When I go to redeem my card in the US store, it says my account is only valid for purchases in the Canadian iTunes store and ... |
|
 Can the credit card company , cancel my account for no reason? I made all my payments on time !? |
| the credit card company just sent me a letter saying that my acount was now closed and I know I made all my payments on time , can they just close my account for no good reason ????... |
|
 If I check my credit history, will it make my scoring worse? |
| As in, if i do a credit check and then if a company do one after, will it be worse? Heard that the more checks you do the lower the scoring.... Please help XX... |
|
 Cancellation a loan? |
| i got a loan. can i cancel it after 9 ... |
|
 How can i clear my debt and raise my score? |
| how would I go about clearing my debt? I have about 2,000 dollars that I owe to an apartment complex that my roomate and i use to live at. they claim we messed up a lot of stuff at the apt..which is ... |
|
|  |
Justin W | Does a creditor have to notify you before they turn an account to a collection agency? |
|
 |
 
rukidden99
 |
Depends on where you live.... This is the fair credit reporting act... All the info you need is there. |
|
Pengy
|
No, but the collection agency will let you know, continuously |
|
Space493
|
No, most will because they use it as a threat to get you to pay but there is no law to force them to. Once a debt becomes past due it is up to them what they want to do about it. |
|
cyn99di
|
Yes. You have to be aware of where you need to send the payments to. Be careful if the debt is sent to collections, however, and you intend to pay it as debts are often bought and sold to companies that specialize in collections. It can sometimes be hard to track it down once this has happened. |
|
j g
 |
Have you read all the fine prints when you signed up your credit account? Creditor does not require to ask for your permission when you become delinquent to assign your account to a collection agency. You are financial responsible for the loan or credit you owed. The creditor has their rights to assgn your balance plus collection fees or legal fees. You should paid off the creditor and have them recall your account from the agency.
Good luck! |
|
Classy Granny
|
No, but they usually do. They want you to have every opportunity to pay before it goes to collection, because they loose money if they have to pay a collection agency to collect for them. |
|
Beth
|
No, they assume that all the unpaid bills and past due notices sent to you are notice enough. |
|
crapaudblanc
|
They will send you a letter threatening to send the bill to a collection. If you don't want to pay you will have to tell them and write them that you dispute the charges. However once they decide to send the bill to a collection agency they do not have to notify you and when the collection agency call it is usuallly to late. Now a little secret: anything is negotiable with a collection agency because they bought the debt or account receivable at a discount. So anything that the agency makes above the price they pay is their profit not the company who had the debt with you. Tell them you can only pay $X, then negotiate with them. Their argument it that if you do not pay the entire amount they will report to your credit score, which is true but they will report it anyway even if you pay the full amount. |
|
Dr. Shakar
|
Creditors do not require to notify you before they turn account to CA. |
|
wayalook
 |
the creditor usually tells you if you dont make arrangements itll go to collections. after that that ca will notify you. nonstop. if you dont pay they will sell it to a ca lower on the ladder. this will go on forever. the farther down the ladder it goes and the more time passes the better off you will be. check the sol in your state. if you can drag it out past that they cant do anything legal against you. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 41 minutes(s) ago
| | | |
10 | 49 minutes(s) ago
| | | |
10 | 2 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
10 | 6 day(s) ago
| | | |
10 | 2 week(s) ago
| | | |
10 | 1 month(s) ago
| | | |
10 | 3 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
