 I need a £10000 unsecured loan fast,as in this week.any suggestions? |
| my credit score is ok but not great but i need to get my hands on this money fast without too much fussing about with forms and phone calls.... |
|
 How long does it take to clear a Bankrupcy? |
Hey there, I declared bankrupcy in 2004 how long will it clear ..meaning out of your credit history ?? I heard 7 years and also 10 years ..does anyone know? THANKS
Additional Details
OOP... |
|
 Does anyone know how i can go about consolidating my debt? |
| i have bills i owe and some that went to collections.. i want to clean my credit and so i want to consolidate my debt (where they put all your debt together and combine them in one payment) and i can ... |
|
 If you had cash would you payoff your car loans or would you use the money for other things? |
| I currently have two car's and I have a combined loan for them with with a low interest rate. If you had just enough money to pay the loan off would you or would you use the money for home ... |
|
 Can creditors withdrawl money from my account? |
| Last week, I received a call from a collection's agency, Nelson & Watson. I owe them money from 8 years ago and I know it's my responsibility to repay it, but I'm a college student ... |
|
 A credit question? |
| I am in the process of repairing my credit report on my own. I have paid off 3 accounts listed on my credit reports this year. I noticed that everyone saying that one cannot remove negative items ... |
|
 Which card is better? |
| A debit card or a pre-paid credit ... |
|
 Cash Call.Com wants to put $1,900 into my moms? |
| checking account. They told her she would have to fax a bunch of information over to them and her repayment plan would be $150 a month and she could re-pay it with no penalty.. Is this true? Does ... |
|
 In financial ruins....please advise? |
| No excuses, I probably have the worst credit history ever. Credit company has summoned me to court for past due bill. 5 to 6 yrs old. Court date not until Feb '07. Is there any way I can ... |
|
 Do you cancel a card that has been paid off especially if it has a high interest rate? |
| example: to pay off credit card you should payoff the one with the highest interest rate. This advice was on Yahoo finacial page, but it did not say what to do with the card after it was paid off. I ... |
|
 Am I responsible for my fiances credit card debt after we marry? |
| I am currently engaged to a man who has ran into a lot of financial problems. He is trying to get out of debt however, I am concerned I will be held responsible for his previous debts once we are ... |
|
| What's better to pay off car loan faster? |
| Is it better to put money in a savings account until you reach the amount that you owe on your car.. then pay it off.. Or is it better to just pay over your minumum payment each month?... |
|
 You always see credit cards for people with bad credit, but what about if you have AWESOME credit? |
| We are constantly seeing credit cards and loans directed at people with no or bad credit. What about cards for people with an 800+ credit score? What cards are most attractive for people with good ... |
|
|  |
lovebnjenn | I'm in debt? |
I just found out that my credit card went from 6% to 32% and I have a balance of 7000.00. I want to scream. I'm thinking of debt settlement through credit solutions, but they said it will affect me credit. is this something good to do. |
 |
 
White Collar Ruckus !
|
Debt settlement, if I take you to mean settle the debt for less than the full amount owed, will affect your credit and probably screw you up worse than not paying at all.
When you settle a debt for less than the amount owed, the amount that you did not pay is treated as income and reported to the IRS as such. So, if you owed $12000 and settled at $6000, then the credit card company will report $6000 of income in your name to the IRS, which will then hit you up for taxes and put you further in the hole.
If by debt settlement you mean credit counseling, then make sure that the counseling agency will be paying your bills. Really, credit counseling does not do anything that you could not do yourself. They only act as a middleman, but if you communicate your inability to pay to your credit card company, they will afford you the same breaks as if you went through credit counseling.
The White Collar Ruckus
http://whitecollarruckus.libsyn.com |
|
Someone with a free answer
 |
Boy, a person doesn't have a chance of paying of a loan with 32% interest. I wonder if that doesn't violate usery laws. Anyway, you need to borrow $7000 at a lower rate and pay this off.
To get stuck with a rate this high, you must have done something wrong. If your credit is bad and you cannot acquire the money from another lender, you need to work with the creditor to develop a more reasonable payment plan. I attached a web page published by the FTC. If you scroll down the FTC page, you will see a section entitled, "Solving Your Credit Problems." Check this out, and good luck with this. Cut up this card. It is bad news. |
|
Olugbenga O
|
if you have other alternative, don't do it. If not your only choice is to do it, but be reaady for the consequence of having to tight budget to enable you come out of low or no credit state after placing your debt with Cedit Solution. Your interest rate went up because somehow you delayed or defaulted in payment.
You cannot eat your cake and have it. There must be sacrifice. |
|
CreditMan
|
What happened to you is known as "rate jacking". Let me guess Chase did this to you right?
I am sorry your in this position as I know it is tough. You can try using http://www.planetfeedback.com/ to contact the company and complain and see if they will adjust their rate.
If you can i would tough it out and just pay it as quickly as possible. At first you will be paying at least 180+ just in interest every month. This might be a small price to pay compared to the effects of a debt settlement program being on your credit report for about 7 years. Some people say it almost looks as bad as bankruptsy on your credit report.
You can take a look at the 3 articles I have about debt management. I hope they can help you out. Good luck!
http://www.creditfamily.com/articles/debt-management.htm |
|
rhett_madison
|
YES THERE IS READ HJR-192 AND THEN ASK ME A FEW QUESTIONS. |
|
nova50
|
Try to switch to Washington Mutual, they treat me right, 12%. You must have had a run in with Chase. They raised my interest to 31% too.
At last resort if you can't find another choice, CitiFinancial borrows for 19.99% kind of high but not as high as 31%
You right be able to get a personal loan at a bank or credit union for 10% I did that for part of my debt.
Best way now is get out of debt and never go back into debt. |
|
dreamscorporation
 |
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is:
http://umgarticles.atspace.com/debt-consolidation.htm |
|
tommygirl69
 |
same thing that happened to me. I went up to 32% because I missed a payment & was late, back to back. I never knew they can do this. I was so devestated, I owe them BofA 12,000. Dont know how I will ever pay it back... I betta buy a lottery ticket...LOL
I have one more month of $436. payments then I will go down to 17% wow real break. |
|
lizella
|
just get yourself declared as bankrupt |
|
sexytrojan
 |
Those BASTARDS!
Get another credit card with 0% interest on balance transfers. There will be a one time fee (usually 3%), and the 0% is usually for a year. If you don't pay it off in the year, do it again. |
|
jerry c
 |
Win the lottery. |
|
David D
|
There is some useful advice here. |
|
Jessie P
|
What happened to jump the interest rate so high? Were you late on payments? I would try to either get a bank loan for that amount or another credit card and transfer the balance. Those credit help companies are a sham. |
|
kay S
|
If you have decent credit, I would apply for a personal loan to pay it off. Another option may be to find a deal with a bank that offers balance transfer options with a low rate on those transfered balaces.
If all else fails, seek credit counseling. I did it and I had my debt paid off in five years. You cannot use credit while using their services, but it really teaches you to live without it. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
14 | 20 minutes(s) ago
| | | |
12 | 46 minutes(s) ago
| | | |
14 | 58 minutes(s) ago
| | | |
6 | 3 hour(s) ago
| | | |
13 | 4 hour(s) ago
| | | |
13 | 9 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
5 | 2 week(s) ago
| | | |
15 | 1 month(s) ago
| | | |
15 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
