 Is a 637 an okay credit score? |
How can I make it better. I only have 1 account. which is my car. I got pre-approved for a credit card, but then when I applied for it online, I was declined.
I would really like to ... |
|
 If I pay my credit card one day after the due date can the credit card company report me to the credit bureaus |
If I pay my credit card one day after the due date can the credit card company report me to the credit bureaus?
I've heard from a CPA's assistant that they can only report you if ... |
|
 Bank of America shut down my account for "Fradulent Activity" even though I reported everything to them. |
| Last week, I saw that there were large deposits made to my Bank of America Account via BAD CHECKS.(1 for $2900 and one for $2500), I also saw that my ATM card was being used while I was at work & ... |
|
 Chase changed my apr rate to 27%!? |
| I have an account with Chase and it was at an APR of 17%. I went to their website and got their number, after waiting 15 min. I finally got a 'customer service representative'. I asked if ... |
|
 Did you know that free credit-report.com are liars? |
| I went online to obtain a free credit report for 30 days free trial membership.It is supposed to be free.They charged my account 12.95.How free is that? I called them and inquried about the reason ... |
|
 Someone opened a discover credit card account back in 1989 with my SS# I just got a collection letter.? |
| Saying I owe them almost $8400.00 I had an account with $0 balance which I closed years ago. I got my discover card in 1997. How can I have 2 accounts? They say I opened one 1989. They have 2 ... |
|
 The only income I have now is Social Security Disability, and I am unable to work. Can credit collections sue? |
| I owe a good bit on credit cards I had before I was disabled. I am now unable to pay them. My social security barely pays the bills. I am being threatened and they are calling my parents, whom I ... |
|
 Halifax email: scam or not? |
| Hi I just got an email from halifax saying something about a statement which is funny as I'm not with halifax. Shoul I presume this email is a scam and if it is how, how the hell did they get my ... |
|
 What credit card is best for someone who's never had one? |
| I'm lookin though some stuff on credit cards... seeing that I need one. I have some money saved up, I'm 18 and I've never had a credit card before.. so this whole thing is kinda new to ... |
|
 I dont have very good credit, no bankruptcy, just a couple non payments adding to $800 can i purchase a house? |
| I dont have any collateral, but I have a great job and can definitely afford a home. What are the steps needed to purchase a home. I am going to be a newlywed in Sept. but my husband does not have ... |
|
 How to use a credit card? |
| Say I have $500 that needs to be paid on a credit card. Once the bill comes in the mail does it help my credit score to pay off the whole balance rather than just paying off the minimum payment on ... |
|
 Erh. Im soo mad my parents cancelled my credit card!!? |
| Ok,so they cancelled it b.c I went over my limit by 678$ what should I tell them inorder for them to uncancel it?!!... |
|
|  |
Kelly K | I need advice on my cleaning up my debt? |
I have $8000 in student loans in default, $800 in charged off credit cards and about $2000 in other charges offs....I know this is horrible so please dont insult me as I am really trying to get this better.....what should I do to get started on cleaning this up? |
 |
 
lchardy70
|
This question is hard to answer because there are a lot of factors that are weighed when you try and consolidate your debt. I have worked in banking for almost 17 years and I will tell you that if this is all the debt you have, then you are not too bad off, you just need a little help getting back on track. As a financial counselor, I could talk to you for an hour about how to clean up your credit. Since I really don't have any personal information about you, it's a little difficult to give you pertinent advice. What I can say is to first go to your financial institution and find out if they offer debt consolidation loans. Also, ask them if they offer any kind of credit counseling or if they know of any credit counseling services in your area. I'm from Virginia and we have a state-run, non-profit agency that is specifically designed to help people in your situation. There should be the same type of agency where you live, you just have to find it. Don't get too discouraged, continue to make your payments as you can, and try to find an agency that can help you manage your debt and give you advice on budgeting.
This will not be easy but if you're serious about fixing it, you'll find yourself on the right path soon.
Good Luck! |
|
Lantana
|
There are alot of debt consolidation companies that will work with your creditors to reduce interest rates, remove late fees, and lower monthly payments. They can offer one low monthly payment for all your debt, and they usually work with your income. I don't know if they are all credible, but I used one, and it was much easier to make one low monthly payment on everything. Student loans may or may not be eligible for inclusion, though, but you can always ask the company. If they are not eligible, these should be your first priority. Check with the Better Business Bureau once you've researched different companies to see who would be the best. Then just give them a call, tell them your situation, and see what they say. Good luck to you! |
|
Brian G
 |
Start with bringing the student loans up to date, or as close to it as possible. They have the ability to garnish your tax refunds and wages. Once you have gotten that taken care of, determine how much you can pay on the others. Contact whatever company currently holds those charge-offs, whether it is the original creditor or an outside collection agency, and arrange to start making payments. Make sure all arrangements are in writing or you could find yourself in over your head when they suddently decide to change the terms of payoff on you. |
|
Mopar Muscle Gal
 |
if you work?
start paying on the Student Loans 1st
the Federal Government is cracking down on delinquent loans
they can garnish your wages, keep income tax, file tax liens ..etc |
|
Jay C
 |
debt consolidation is probably the best way to go but it will hurt your credit, but you can always rebuild it.
before you enroll make sure that you keep up with your payments and save your money for a lump sum payment. after you enroll in a program you will stop making payments which will result in late payment fees and interest rates going up so you will end up owing more money, so the quicker you can settle after you enroll the better if you wait all that interest will accrue.
most companies should be able to negotiate around 50% off your debt after all the interest and late charges. which will save you money if you settle quickly after enrolling. |
|
bijan a
|
Change your spending habits
Stop using all your cards
Transfer balances to Lower-interest credit cards
----------------------------
http://www.bestcreditrates.net/ |
|
HoboJones
 |
Pay as much as you can to all of them. Write a letter explaining your situation to all you are in debt to. Work out a payment plan you can afford. If your minimum payment is $170 but all you can afford is $20, it looks a whole lot better than nothing. Late and non payments are the worst. I'm just coming out on top of $15000 in debt. It takes time and money and a whole lot of prayer but if you stick with it, you will succeed. |
|
Toyota Quality
|
1. Analyze current resources and expenses (what is need versus want)
2. Tabulate list on past 3 months expenses to get ideas where $ went? Highlight what is avoidable spending? You will be surprised when you separate need versus want. If you focus spending on "Need" item. you can actually save 20-30% of avoidbale spending.
3. Project next 3 months expending, how much can you save? With this amount, start plan how you can reduce debts.
4. Go to the bank, consolidate the debt into lower % and arrange repayment schedule with loan or credit officier.
5. You are on the road to recovery and keep momentum going by cultivating the same discipline. |
|
curmudgeon
 |
what the counselors will tell you is that there are only 2 things you can do...spend less, or earn more. That's it. |
|
cindy h
|
Here's 2 things I would NOT recommend: 1-going to one of those organizations that consolidate your debt and have you pay them one payment. I cannot recall what those are called at this moment, but I'm sure in your situation you may have already considered that. Bad idea that gets you nowhere fast. The second is chapter 13 bankruptcy. It will not only take forever to pay it off, but it affects your credit the same as chapter 7 and you wouldn't have to pay a penny back on 7. The absolute best way to go about this is to pay more than the minimum payment on those credit cards each month, try your best to get more cards with 0 interest for 6 months and play musical cards for awhile. This way you are paying next to nothing on interest for as long as you can and your money is going toward the principal. I would think, however, that if these cards are charged off, that would mean they aren't expecting you to pay at this point. |
|
Cheese and Rice
|
If the chargeoffs are already on your credit report, you're screwed. Most likely this is the case. Once they hit your credit, you might as well let them go and forget em. They'll drop off in 7 years.
Try not to get in that situation again. I have been through much worst credit problems than you, 10 times worse. And it sucks, so I feel your pain. I don't have any credit cards anymore. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
15 | 4 minutes(s) ago
| | | |
15 | 36 minutes(s) ago
| | | |
15 | 40 minutes(s) ago
| | | |
13 | 52 minutes(s) ago
| | | |
15 | 2 hour(s) ago
| | | |
13 | 7 hour(s) ago
| | | |
15 | 8 hour(s) ago
| | | |
14 | 1 day(s) ago
| | | |
15 | 5 day(s) ago
| | | |
15 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
