 Could I get a credit card? |
| I don't know much about credit cards other than the absolute basics. I'm 18, in full-time education and only work 1 day a week so I don't earn much. I'm very careful with my money.... |
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 Credit card worries.? |
| i left uk owing over 25,ooo! Two years ago. I want to come back home.I dont have money to pay cards,no savings,no job.But i no affraid to work.What is best plan of action? I dont want to be paying ... |
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 Do you pay a fee to activate your credit card? |
| I just wanted to know is it normal to have to pay a fee to activate a credit card? I was told if you have to pay its a scam. Thanks in adavance.... |
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 Credit Card courtesy check loophole? |
| I've got a credit card that sends me courtesy checks with 0% interest for a year. What's to stop me from writing a check out to myself and depositing it in my high interest savings account ... |
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 Creditors calling my house, my parents at work, and our cell phones at least 1 to 10 times a day..? |
| I am 25yo student, currently no job and living with my parents. I have accumulated a lot of debt and obviously have one creditor calling my cell, my parents home, their cell phones, and their jobs. T... |
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 Credit card debt...? |
| i have about 4-5 diff credit cards that are maxed out im about 7000 dollars in debt they keep callin me to pay it nd i keep tellin them ill make the minimum but i cant because i have to make the ... |
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 If you had a credit card limit of 25,000,000.00? |
| if you had a credit card limet of 25,000,000.00 what would buy or would u only use it when u really needed it?... |
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| I am trying to get back at credit card companies for sending their useless offers.? |
| I need more ideas. I already stuck trash in the business reply envelopes and stuck priority mail labels on them.... |
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| I want to open an account at the bank, but i not have the money to do so. Do you know any solution.? |
P.S i am from Egypt
Additional Details
i have a job i have a mony but bank account need a namber with 3 zero
Many of the answers are not really answers
It seems that it is ... |
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| I am trying to get a home loan? |
| I am trying to get a home loan and I have about 1400.00 of old debt on my credit that has to be cleared up. I am just findinf this out and we are suppossed to close on Aug 14th. I tried to settle ... |
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 Credit card bonuses, is spending $2000 for $20 a good deal? |
using my credit card, if i spend $2000 worth , i get $20 back, is that considered a good bonus? what are the typical bonuses for credit card the ones without any anual fees
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 I need advice on how to get rid of credit card debt.? |
| i have like 5 credit cards and half of them are nearly maxed out. i want to cut the balances down and then get rid or all but 1. how do i do it?... |
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 I need a unsecured bad credit loan of $6000? |
| i make 48k per and am suffering from bad credit due to old doctor bills when i didnt have insurance. At that my debt is all of $4k and cannot seem to get away from this credit issue. I have 2 credit ... |
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 Can credit checks alone hurt your credit? |
Ok people, this is a bit of a rant so hang in there with me....
I heard from a friend that when your credit is checked for any reason it casues your score to go down. The logic behind ... |
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 If you apply for credit cards and are approved, do you have to pay anything just to have them? |
For example, if i had a credit card and never used would i still have to pay a monthly fee or anything?
Additional Details
only reason why i want one is just in case of ... |
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Brett J | How badly will a collection agency going after $28 hurt my credit? |
I recieved a letter saying I owe the cable company $28 for failure to return equipment. I returned the equipment, but there was a discrepancy they said they'd take care of for me. I can't find that reciept. Its going to be a pain to straighten this out. Will this seriously hurt my credit? |
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Studly
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Crazy's advice is great for most debts....but not this time.
1) The collection agency is NOT going to try coming after this debt. They only get 30% of what they collect, and it's barely worth the cost of the phone calls and letters they will be sending you. They already spent a few dollars putting this on your credit report (if they did already).
2) Demanding validation will be worthless, as this is not a "black and white" issue. The cable company will insist you never returned the equipment, and you lost your receipt. End of case.
3) If you pay this debt and they leave it on your report as a paid debt, it will still hurt your score.
My suggestion is you call the collection agency TODAY and offer to pay this off. They may not have even placed it on your report yet, and that's great.
Get them to send you a letter agreeing not to place anything on your report in exchange for payment. If they will not agree, do not pay it. It makes no sense to pay the debt twice, and you will have ruined credit now.
Remember, a paid debt on your credit report is still a negative mark, and will hurt your score.
Once you have paid this off and are sure it's not going to appear on your report, take your fight to the cable company and try to get your money back. FIND THAT RECEIPT!
Lesson learned....always keep bills, receipts and any important papers for several years. You just never know when you will need it. |
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RD
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once it's been turned over to a collection agency, the amount doesn't matter ..it will hurt your credit regardless ...
I suggest just paying the money |
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65% water
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I would think it would hurt your credit far more than it would hurt you to pay the $28 even though you don't believe you owe it. |
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ronimg
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It's considered a bad mark no matter how much is owed. I would pay the $28, it will be worth it to get it off your report |
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John's mommy
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trust me, it would be easier to pay the $28, than to allow it to even go to collections and be put on your report. When you want to purchase something big, like a house, you are gonna wanna your report spotless |
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Crazyjester9
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First off, a collection account is going to damage your credit score regardless of the amount.
Now the good news is you have a few ways to fight back. First, you can try hitting the collection agency with the 1-2 punch of debt validation and credit bureau dispute. Chances are this will make them go away, as they'd spend more providing the needed documents to validate then the $28. They probably will not fight you much on this.
You can also call up the cable company and demand that they fix this. If you can get them to send you a letter stating the account was paid in full you can send that to the collection agency and tell them to buzz off.
If all else fails, you can work out a pay for delete agreement (in writing) with the collection agency so the negative listing is removed from your credit report. Do not settle for a "paid" listing as that will still trash your score.
Check the links in my profile. Lots of resources there. |
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DeeDee
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it has probably already been reported, whether you pay it or not. |
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Bill C
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Tell them, "in exchange for $28, the account is removed completely from my credit report". Get it in writing. |
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Budlightgurl
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Doesn't matter if you owe $28 or $2800 a collection account is a collection account. They hurt your credit badly. |
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Karen C
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$28.00 is a small price to pay to maintain your good credit. Banks don't care about the reason for a collection item, they just see that you have one that's not resolved. Pay it and forget it. |
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robert w
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The actual dollar amount does not effect how bad it will hurt your credit. Call them and ask what they will settle for. This will hurt your credit. |
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xbluebellax
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Your credit and your good name are worth far more than $28. Pay it, ASAP. |
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Ryan
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PAY IT |
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