 When applying for a bank account....? |
| ...can they uncover unpaid debts from over 6 years ago, and if so what could the creditors do?... |
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 PLease Help? |
| I went to a free credit report website and look on my husbands credit report; but I just don't want to let him know that I'm checking his credit report and score. Can he ever know that I ... |
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 What would you do ??? (very sensible question, so pls only sensible answers ) thnx? |
| my bf has not worked for the past 6 months (he was a business man and went bankrupt)now, he has gathered all the money he can and paid a deposit for the place he is renting. now, he is suffering bcs ... |
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 Is this even POSSIBLE? |
| for this month, I only have $19 charged to my credit card from buying school supplies, but tonight I got a call from my credit card company asking if I made a transaction of $190..... 10 times more ... |
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 How do I cancel my credit card with Citibank? |
I don't understand how or why it is so difficult.
I have this citibank credit card that I signed up for about 5 years ago, I have no idea what security code I used when I signed up. S... |
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 I am 24 with 19,000 of debt mainly 4 credit cards and hospital bills i just got garnished what can i do? |
| I am 24 years of age with 2 kids i work for a supplier of the big 3 (Ford, Chrysler,GM) i just started getting garnished from a credit card from 2002 i am wondering should i try debt consolidation or ... |
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 Debt - how can I begin to clear it when I dont know how much it is? |
| My partner has several debts from before we were together. We had massive problems (not debt related) and went off travelling, I think at the time he wasnt in any state of mind to worry about debts ... |
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 Is bad credit something to be embarrassed about? |
| My credit is not good. I am trying hard to clear it up. To me it's humiliating. Should I feel this way?... |
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 What will happen to the lower class income customer that are in all races after walmart does away with layaway |
Once the layaway program is done away with, it will affect the elderly,the children,the general population from all walks of life, it will affect holiday joys,and it will cause the theft to go up.
... |
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 I contacted by a collector. account opened 1997 - last payment 00. they want $ - do i still owe. seems old |
| They said it was a negative on our credit report. I just looked at all 3 credit reports - the one I think they are talking about is showing "closed" - is this just a fishing for a ... |
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| Will debt companies trace me? |
| as soon as i turned 18 everything went wrong.... now at the age of 27 i'm in debt and not able to pay a penny back i have 3 children and live with my partner in his house, he has the mortgage i ... |
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 I need help with my credit? |
| I know there are sites that can help you with you credit score and report.if anyone have any experience with obtaining your credit report and score via the internet please inform me of the sites. i ... |
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 Can a creditor or collection agency call me late at night.? |
| they call me every day it will be one more year and then it should fall off due to the seven year thing. What should i do somone please help and can they sue.... |
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 I had my car repossesed back in 2001, How can I get this off of my credit report?without filing for bankruptcy |
A friend told me that he wrote a letter to the credit agency, and they removed his repossesion from his report. Is there a time frame before this can be done? Separate question...
Also...My ... |
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secret_smile4u_only | If a person has really bad credit but they pay all their debt off...? |
...does that mean their credit rating goes up or does it take a while...what's the deal??? |
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adam
 |
please go to the money saving expert website there u will find really cool tools that will asses your situation and its free and i use it all the time for petes sake..
pete is my friend and he hates the web so i do it for him
love ya |
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C
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I thought the more debt you were in the better your credit rating was as long as your making the payments.
Companies dont like people who pay off their debts in full as they then lose the interest.
My friend has never had credit in her life but her credit rating is crap due to the fact that you need plenty of credit to get the rating. |
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motherblueprague
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it usually stays on your credit history for 6 years.there are company`s that claim that they can improve some of the mass!!good luck and hope you make money with out all the banks involved they are the biggest thieves!!!! |
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martin h
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Every time you make payments on something it is a positive item on your credit, which will raise the score. But the negatives stay on there. It's not calculated by how much debt you have, it goes by how much you have been paying on time, and for how long. If you have been making monthly payments of $5000 a month on time for 3 years your credit is really really good. So if you have a loan for a million dollars, and have been making big payments and still owe most of it, your credit will still be very good if all the payments are on time, even though your debt is very high. |
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packeroo
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It will be a long process but paying off all your debts doesnt really make your credit rating better. It will make it easier to get financing since you have no debts but that financing will surely be at a higher than normal interest because of the risk that you represent but it will help yuo as long as you make good on the payments. That will help your credit score and with time you will get better interest offers for other loans or cancel that high interest loan. Remember banks like to loan you money, its their business to approve not to deny, so for example with bad credit and no debts you might get a high interest mortgage but in a year you can refinance at a lower interest provided you were good on your payments. Fixing your credit will cost you but it can be done and Ive seen it work. |
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deepee
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I'm sorry but even if you pay your debts off your credit rating remains bad. You can look at your credit rating on experian
http://www.joincreditexpert.com/freecreditreportint/?sc=410006&bcd=interactivehomepage1
Just to check that monies you owed are shown as paid. It also gives useful addresses to contact if you think the record is wrong. Subsequently you can submit 200 word explanatioins that experian can attach to your account as mitigation against your bad debt. You may have to pay a joining fee to experian but trust me it's worth it! |
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steven c
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it depends on if you keep open the accounts you had dept on. Your credit score is largely based on available amounts on credit cards and stuff. Its also dependant on delinquency payments, so if you had late payments or didnt make them at all, your score will take a while to come back up. |
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iceman
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It depends why your credit is bad.
If your credit bad do to late payments, collections or other such issues paying off debt wont make your score rise instantly. It will take time to get it bank up..
If your credit score is lower then it should be due to having much debt then it will go up faster. A big portion of yuor credit score has to do with debt utilization ratios. Meaning how much debt you have as compered to what your credit limits are on those cards. So if a high debt ratio is wahts dragging your credit down then paying off your debt will instantly help your score go up. Just remember not to close all the cards out. Keep them open but stillpay the balances off. |
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gabriel jones
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Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
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 astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers! |
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yaff
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Your credit rating wont shoot up overnight, it will take time, maybe a couple of years. Just because you have paid the debt off, creditors are unlikey to lend to you at the moment, all your previous debt will still show on your history for 6 years. Stay debt free and your rating will improve over time. |
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teazer33
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think it stays on your file for 6 months or something. xxxx |
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♥♥Meow Baby♥♥
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Good question! And good thing i have no debt what so ever ;D |
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