 Just answer the truth, don't preach Is it possible to use my son's SSN to get credit approval? |
| I mean 'bout 3 years ago I was screwed up with my credit trying to help a relative (2 long story) the thing is I'm still working on it but seems its gonna take a while I've try to save ... |
|
 I'm 20, how do I build credit? I pay for a car but that's not really helping all that much. Any ideas? |
| I heard you can get gas cards or something like that to improve your credit. I'm young so I'm not trying to buy a house or anything, I'm just worried about 1 day having bad credit so I... |
|
 Credit card for someone with bad credit? |
| i have applied almost everywhere. when i was younger my mother used my name over some credit cards and screwed it all up. Anyone got a good card for someone with bad credit?... |
|
 I'm buying a home in 6 months and need to clean up my credit. What's the best way to pay off my debt? |
| My debt is low, only about 3k, but it is spread out over 9 cards. Is it better to pay off the low balances first then work on the highes balance or the other way around?... |
|
 Getting a credit card? |
| i just turned 18 and i have been trying to get a credit card, i have no credit history so no one will give me one. Has anyone applied for a credit card with no history and been approved for it. If so ... |
|
 Is Paypal really secure? |
| I only ever use my debit card on Paypal,but in last week there have been several unauthorised withdrawals from my bank account by a mobile phone company and I do not have a mobile phone,has anyone ... |
|
| If you have a outstanding debt which is 8yrs old and not payed it for 6.5 years do you still have to pay it? |
as i have now got a letter from them wanting the money in full
Additional Details
before you start slagging me off as some of you are doing, the debt was not my fault, it was through a ... |
|
 First time credit card? |
I just recently got a credit card and I'm wondering if having the 24% apr that I do have is because this is my first credit card (I'm a student with no credit).
Anyway, I know this is ... |
|
 My credit is ruined? |
My credit score is roughly 435. I have so many outstanding accounts. Not much debt around 7500 including student loans.. Would declaring bankruptcy help me?? I am so screwed lol.
Additional D... |
|
 Is there anyone out there who will pay off my credit card debt for me? |
| its only about 15000, mostly from college. I cant seem to make any ground up on the balance. Just wondering if someone had an extra $15000 they would like to donate.... |
|
 Keep getting refused a bank account cause of credit history, any advice? |
Not had a good credit history so I am being refused by banks. Are there any banks that will help does anyone know. Thanks.
Additional Details
Thanks every1 for your advice. I have just ... |
|
 It is true that your credit history should be delete after 5years regardless the status of the account? |
| let say you have a unpaid account that showed on your credit report. and after 5 years should this unpaid account remove from your credit report?... |
|
 Can anyone moved country and left debt unpaid? |
| I have ,like lots of other , loan (4gr) and credit card.Ive decided to move country and not come back, as my husband family live in other country.Can i just forget about that debt?My bank was riping ... |
|
|  |
badgirl | If I choose to blow off a mortgage loan, how long will it take to regain credit? |
BadGirl has an idea. What if I dump all of my student loans into a refinance and/or home equity (on property I own, but need to unload), and then I decide to bail on that property. It will take me a good 20 years to pay off my large student loan, but how long will it take to recoup my credit rating if I do this? BadGirl thinks it will take longer to pay off the student loan, than rebuild a bad credit rating (and get rid of the student loan debt for good).
Comments/suggestions?
Additional Details
BadGirl was not considering a bankruptcy, just giving the property back to the lender and dealing with the rest. You are right about the fact that I should be smarter, but I actually make about $40K less than I did before I became a teacher, and have more college debt because of it. I was thinking about refinancing with the same shitty company that talked me into the interest only rate to begin with-I thought maybe I could give them some of their "interest" back. |
 |
 
jjayferg
 |
In your next lifetime. |
|
Jack Chedeville
 |
Forget about bad credit, what you are thinking of doing is actually fruad. Don't do it. To take out a loan with the specific intention of not repaying is fraud. |
|
amazin'g
 |
Bad idea! That will be on your record for years. You might need a loan again someday and you'll probably not get it. You shouldn't, that's for sure. You entered into a contract that if you were loaned the money, you would pay it back. Now you want to default? After all that education, you still aren't very smart are you. |
|
seidokan27
|
well i guess you could delclaire bankruptcy but then, you will have bad credit for 7 years after that and then i think you can move on. but I would not chance it cause i am not totally sure, laws may have changed. just try and pay them off if you can. thats your best bet. |
|
Valerie
 |
It takes forever to repair credit damage from a mortgage loan. As a credit analyzer, we also say that if you can't pay any of your bills, always at least pay your mortgage. It can really hurt you in the future, these things are only supposed to stay on your credit for a set period of time, but that is rarely updated. You may never be able to finance anything again or even get approved for services with satellite companies, cell phone companies, and others who will run your credit. Have you checked into this to be sure that anyone would even let you do this? The best think is to speak to the company that holds your loan or to a debt counselor to either put your loan on hold, lower the monthly payment, or increase it to pay it off sooner. |
|
Steve E
|
At least 7 years and maybe as long as 10 years.. Not a good idea. Check with a credit counselor for bettr options. |
|
meg
|
it will take a long time, and do big damage to your credit, it will be almost inpossible to do anything, unless you buy a POS car from jd byrider. |
|
JIM
|
7 years |
|
jaishuntae
 |
a lifetime man depend how much you owe if its 30,000 hire yourself a lawyer and tell him how much you owe dont worry your just asking for legal advice it dont cost. and him or her will talk to the people you owe to lower it down so you wont have to owe them so much later on. email one day in tell me how it work at jaishuntae@yahoo.com if you need a lawyer you didnt know i was one did you. |
|
smiley20903
 |
You have to options..1 consolidate the debt into the mortgage and make the payments that way..or if u stop making payments on your home loan...your house will be foreclosed on and it will take years upon years to reestablidh credit. All lenders frown upon forclosures and mortgage lasts. and it will become very hard for u to get another loan on another home once this one forcloses...also all negative debt such as last on student loans and credit cards will report for 7 years and forclosure 10 years. |
|
Joey K
|
I've never thought of that before. I have a gigantic student loan too, but dumping my home would cost me more, so I'm out of luck.
I think it would take 7 years to clear a bankruptcy, but didn't they toughen the laws on bankruptcy just last year? |
|
babygurl
|
honestly it sounds to me like you need to speak with a financial advisor on how to file for bankruptcy. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 34 minutes(s) ago
| | | |
10 | 38 minutes(s) ago
| | | |
12 | 49 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
11 | 5 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 2 day(s) ago
| | | |
12 | 1 week(s) ago
| | | |
12 | 1 month(s) ago
| | | |
7 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
