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 Capital One? |
| My partner has an arrangement with capital one to repay his credit card at x amount a month. Although this is in place he is getting phone calls constantly pestering him for the full amount. He had ... |
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 Washington Mutual? |
| Has anyone ever heard of the credit card company "Washington Mutual?" Are they a good campany? and how long does it usually thake them to get your credit card to you?... |
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| I live in Washington state. Sixteen years ago, My husband and I moved from town out into the country, we had our phone transfered from one prefix to another, stayed with the same phone company, just ... |
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i was wondering this for a long time so i finally remember to post it and see if it is true.
i heard that if you send your payments with your personal check you can build credit
is it ... |
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| What a way for stupid, poor people to keep going in debt. These places charge 400% interest. I only see junk cars and stupid people insode getting "loans"... |
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Is it true that this got pulled from air because people were sending so many complaints in about how annoying it was.
(The one with the scotaaahh)... |
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| how do i get a credit card with no credit, im 25 yrs old and paid for my car, education and all other bills in cash since i was 18. so how do i get a card? its not like i cant pay my bills!... |
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| I ran a credit report on myself and they said my credit is so low that i dont have a score. Everything I apply for I'm denied. I dont owe anybody nothing at all. What could I do.... |
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 About credit card? |
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 Need actual advise about money problems.. his account under my name, won't pay. ? |
((((This sounds very stupid, I know I shouldn't have done it. Please refrain from telling me how stupid I am. I am only asking for help and nothing more.. or some advise. ))))
I have ... |
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 Is 708 a decent credit score? |
| My credit score is 708. I would like to know if it is a decent score. Also, if it is, do you think that I could get a ten thousand dollar loan from a company that checks the experian credit agency. ... |
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| My wife and I are being harressed and threatened by a collection agency over the phone at my wife's work to place a lien on our house if we do not make good the debt. Can a lien be placed on a ... |
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 How do I build my credit if I don't have any? |
| I do not have any credit and would like to build it up. I am a student currently so my student loans will not show up until I graduate. Do I have to wait until then to build my credit. No credit card ... |
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| What does it mean if i have negative one dollar in my acct? |
| i have a checking acct that has a balance of negative 1 dollar. i checked my acct a week ago from an ATM, and thought that i had a dollar left, when actually i had a negative balance. I didnt realize ... |
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koki c | I owe about 13000 in credit card debt. I earn about 300 a week and my rent is 600. Should i declare bankruptcy |
Hi. I have owed my creditors money for 6 months. I owe about 13000 and my monthly rent is 600. I have a total of 9 creditors. Two of them, CHASE and Bank of America, have offered to forgive about 3000 of the debt. They are willing to do this if I pay them 4000 right now. I dont have that kind of money now. I just recently became employed again. Should I declare bakruptcy or seek a consolidation agency to help me negotiate further. My family says I should declare bankruptcy but my friends say I should seek credit advisors for help. Is there anyone who has ever been bankrupt or in a similar situation. |
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pharmman
 |
I have been where you are. It shows that you care about your credit and such if you are even asking here. I commend you for that.
No, you should not declare bankruptcy, your credit will be screwed and in case you were not aware, the government recently rewrote the bankruptcy laws so that credit card dept is not affected. The credit card companies can and will still be after you and you will still owe them money.
So that leaves you with consolidating the debt, this is not a bad idea, just look at the different companies and then do a search to find out which may be the best. Check out the Better Business Bureau (sp?) website and search about the company in question. You may want to consider a second part-time job just long enough to get the debt paid off.
Dont declare bankruptcy, stick with it and do all you can to get it paid off as quickly as possible. Keep your chin up about it all and just work at it. It may take a couple of years, but when it is done you will be free from it. |
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Chef Frisbee
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If your debt is fairly recent - you will have a tough time getting a bancruptcy approved - and by your statement - it is recent.
I think you need to look at picking up a second job and start paying off your debts |
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John M
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Before you consider bankruptcy, confer with at least two credit counseling groups. Make sure they are non-profit. They will not only consolidate your credit position they will offer other advice designed to help you get out of your jam. |
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Carl C
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No, you definately shouldn't declare bankruptcy!!!
are you kidding? people who declare bankruptcy typically have 40000-80000$ of unsecured debt, with little prospect of EVER paying it off.
When I once had too much debt, 12 months ago,( more than you I might add), my first step was to consolidate my debts. I thus had only one payment to make and no headache of who do I need to pay tommorow, or next week,ect... Next, cut your spending to bare minimum. be disciplined. Next increase your income. Make a plan, based on pay periods. Figure out how long it would take you in total to pay off everything. STICK TO THE PLAN UNTIL THE END!!!
Once I consolidated, I got a second job, and worked 60hrs or more a week for 11 months. I made some good investments with my little capital which shaved about 2 months off my repayment time. I paid off the last of my debt yesterday actually, and have a cushion in the bank now too. I never considered bankruptcy for myself; it's like saying: "I'm completely irresponsable and incompetent with money, don't give me any or I'll waste it foolishly." Good luck getting a car, a house or opening a business later if you do.
Good luck. I've been there, and I got out by myself. You'll feel good about your accomplishment after you're all paid up, believe me. |
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mommanuke
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Unfortunately, under the new bankruptcy laws, you may not be able to declare bankruptcy. You can try negotiating with the individual creditors to get their interest rates down, but usually you have better luck with credit counseling. It is very rough to go through, and I'm not sure the effect on your credit rating is any better, but that may be the way you have to go.
Be very careful about who you go to though, as there are a lot of scam credit counseling people out there. Check with your local Better Business Bureau before committing to any of them. |
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shiprepairwoman
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Bankruptcy will ruin your financial life for at least 10 years. Earning more is the answer if they will work with you in credit counseling and you can find a job that pays more you can recover from 13K debt. |
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davidmi711
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If I understand your question, you are having difficulties making the monthly payments on your credit card debt.
Bankruptcy is not the answer it used to be either. It is now on your record for 10 years an d you may still end up paying off much of your debt.
There are a bunch of scams out there and a lot of people that will try to rip you off under the guise of repairing your credit. Go with a reputable organization that will help you and not rip you off. I have worked with Consumer Credit Counseling Service for a couple years and they have been great. Check them out at: http://www.cccsintl.org/
They can help you work with your creditors to reduce payments and interest and they have educational information to help you to manage credit better.
Good luck! |
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Pamella A
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No don't do so. Try to repair or fix your credit first. You can get some free help from some websites online on how to repair your credit try to consult with them.
To know more you can visit
http://www.creditcardbiz.blogspot.com
and
http://www.debtconsolidationmanagement.blogspot.com |
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Etta P
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I have direct knowledge of the bankruptcy process and it may be a better idea to file a chapter 13, instead of a chapter 7. You will still be paying your debt back just at very reduced rates. This option will also effect your credit as all types of bankruptcy does, but lenders are quicker to give you another chance later if you dont file for a chapter 7. Also, you could seek out a consumer credit counseling service that will do basically the same thing. Or if you own a home if may be possible to get a debt consolidation that way. good luck:) |
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Explorer
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yes you should declare bankruptcy. |
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