 Why file for bankruptcy when your credit rating is already bad by not paying up in the first place? |
| Example: am in debt of £6,000 for about 6 years now, i keep getting letters saying i must pay for 6 years now, but i know my credit rating is bad so what difference wud filing for bankruptcy make, ... |
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 What should i do get a loan or a credit card? |
I need about 800-1200 ASAP to pay off college buy books and other things.
what can i do to get the money fast with less fees ect.
what do you ... |
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 I am very frustrated, I cannot purchase a home because of my credit scores.? |
| My credit score is in the low 500s. Everybody is telling me I have to have a 620 before they will even consider me for a loan to purchase a house. I pulled my credit report and I have starting ... |
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 Credit cards for poor credit unsecured? |
My husband and I are looking for a credit card for poor credit. We want to use it to rebuild our credit and were told the best way to do it was to get a credit card...
Thank you for real leads, ... |
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 What is the best credit card option for college students? |
| I'm very concerned about my building my credit and I was interested in applying for a credit card with a great rate and a very low spending limit. (I'm intending on just using it for gas or ... |
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 My bank manager has requested to see me? |
| No doubt he wants to borrow some more money. When I last loaned him money, I told him that it was not 'normal' and he said the bank do it all the time - they lend money to people who can... |
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 Which credit card is the best for transferring over balances ? |
| I was looking to change my credit card so I could be interest free for a year, however I was wondering if there was a limit to how much money you can transfer and any costs?... |
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 How is everyone coping with the credit crunch? |
| I am finding that as a college student that prices of food is really expensive and travelling costs are rising so i do tend to walk more these days as i need the money. I find that shopping for ... |
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 Will it be difficult to buy a home if i have excellent credit and not have a job.? |
| i hate my job and i like to quit. but i also want o buy a home in the next six months . need ideas on how to make this work for me.... |
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 Can someone buy a house without owning a credit card? |
I heard that in order to get a mortgage, you need to have a credit card (not for buying, but for the credit). Is it true?
Additional Details
but that's what i mean, is it possible ... |
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 Old Debt collection? |
| I received a letter from a debt collector about an old debt... from about 1999-2000. I believe it should be dropped from my credit report by now but the letter says they have just purchased the debt ... |
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| Please help has anybody else had trouble from world books the book club i got loads of problems from them? |
| they have not honoured the agreement to me and now are telling me that i have not done and put my account to a debt collection agency saying i owe them money which i do not what can i do this will ... |
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 Should i forge my mom's signature for a credit payment? |
i need to fill out a contract and it requires a signature.
Its a housing contract and i need to pay over 200 dollars, i need to send this out today before a certain time but my mom is in a ... |
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| What should my cousin tell the collection agency? |
| My cousins mom passed away about two years ago, her estate didn't even cover all of the funeral and burial expenses. Now some company DCM Services, specializing in deceased collections wants the ... |
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 My first credit card...need help claculating payments? |
| ok ive asked a majority of people this issue. i owe 600 dollars on my credit card i want to pay 100 dollars a month on it til its paid off. my credit card rate is 19%. some people say if u pay 100 ... |
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terry j | I am about 12000 dollars in credit card debt and have maxed out most of my credit and don't know where to turn |
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Grandpa
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may need to look towards bankruptcy not sure that is what you want to do but may be the only thing to do |
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zoiezoe
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I know this may seem obvious and I am not trying to be sarcastic but how did they get maxed?? Are you still charging things?? Did you charge unnecessary things to get it that high?? I see people everyday calling in saying they can't make their payments and need a lower rate, etc...but when I look at their statements they are still charging things like Blockbuster, McDonalds, Macy's, etc...
My first suggestion would be to take a long hard look at what you are spending your money on. If you are truely stuck, start cutting out all but the basics. This means no videos, unnecessary phone bills, call waiting, Starbucks. It may be hard at first but I'm sure there are plenty of things you can actually do without. A part-time job probably wouldn't hurt either, just until things can get under control. Then start negotiating with you creditors and see if you can get a lower interest rate, work hard on reducing your spending and paying down the debt. Even if you could get more credit, I wouldn't because until you can change your lifestyle, the new credit would maxed again soon as well.
If you are truely in over your head go to Consumer Credit Counseling and they will help you with the above mentioned ideas. Good luck. With a little sacrifice you will see a light at the end of the tunnel. |
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Denise K
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First of all, how old are you?
Bankruptcy is not the answer. Find a reputable credit counseling service (check with the BBB in your area) and work with them to establish affordable repayment plans. Then, you need to cut up those credit cards and start learning to live within your financial budget. |
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jack k
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cut up your cards and turn to job# 2 to pay them off. |
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cyberfly00
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do you own a house get a home equity loan
do have a retirement fund you can get money from
do you have anything you can use as collateral to get a loan at lower rate to pay of the high rate credit card orhave someone to cosign on a loan
get rid of credit cards i have not had one for 5 years |
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samoan3d
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All hope is not lost. Hang in there. Debt consolidation can help. But first, you must get control of your spending. You MUST stop using the credit cards now. Then, you have to make sure that you are not spending more than you bring in each month. If this means that you must cut off the cable and stop eating out, then this is what you have to do.
Consolidation loans can be hard to come by if you have maxed out your cards. The low percentage of available revolving credit hurts your credit score. Most banks will avoid giving loans to people in your situation. I suggest your try social lending. This is where you ask for a loan, and a group of people loan you out the money at a fixed rate. Here is the site that I use, https://secure.lendingclub.com/landing.action?referrer=samoan3d . It is free to sign up and get a rate quote, so you don't have to worry about a catch. If you sign up, let me know your username and I will try to help fund your loan. |
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seejadsoza
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In one line i will just say visit - http://www.ezconsolidation.com |
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src50
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Destroy your cards, get a second job until you pay them off. |
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jml619
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Craigslist..... |
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jenn's answers
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Call your parents, grandparents and any other relatives that you haven't spoken to in forever. Now is the time to ask for help, no matter how humiliating. |
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debt-guy
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Have you considered working with a debt consolidation company?
Working with a debt consolidation company does work, they will work with creditors to reduce your rates and balances. My wife and I worked with one several years ago and we were very happy.
Unfortunately it will affect your credit, thats just the way it works! Get your debts paid off and in a couple years your credit score will start to bounce back.
Here is the company we worked with. |
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