 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?... |
|
 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 ... |
|
 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.... |
|
 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 ... |
|
 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 ... |
|
| 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 ... |
|
 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 ... |
|
| 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 ... |
|
 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 ... |
|
 Does having a credit card help your credit rating? |
| Even if it's the Barclaycard 40%apr job or one of these Vanquis cards. If i just put one tank of fuel on it every month and paid it off without accumulating any interest would it repair my ... |
|
 Is this true that if you don't make any payments for 2 years ...? |
I once heard something to the effect that if you owe a credit card and have not made any payments for two solid years, they cannot come after you for the debt, is that true?
Thanks for ... |
|
 Should I except offer? |
tax credit office has hounded me for three years for a overpayment £3000.00 which I always stated i did not receive
I have had court notices sent 3 times
yesterday they sent me a letter ... |
|
 I need a car, but have bad credit? |
| My credit is not great because I just left school, so I have a lot of open loans. I really need to get a car. I have a perfect driving record and a steady job, and I can afford monthly payments. Is ... |
|
 What is the best credit card? |
| I have $2400 on a 0APR credit card that is about to change to 9.99% Should I pay it off (My money market is now paying 1.64%) or find a balance transfer card? What I have found is 0APR for 12 months, ... |
|
 Which is worse,a bad credit history, or a bancruptcy with perfect credit since? |
| Which produces a better credit score more quickly, a history of bad credit, with everything being paid on time in the last year, or filing bancruptcy to eliminate past bad entries, and then re-... |
|
| I am owed money by a company they are saying they are not paying me as they have not been paid what can i do ? |
| i tiled some flats for them i did supply materials they have had my inv for 2/3 month now i know they have not paid 5 or 6 other ... |
|
 Can you get cashback on a credit card? |
OK so money is REALLY low right now, and I had a thought of going into a shop and buying some random thing so I can get cashback from it.
But.... there is basically sod all in my current ... |
|
 Debit card statement says I spent £53.43 at the Co-Op. No idea what on. How 2 find out what I spent money on? |
| I want to find out what it is I spent that money on because I have no recolection. It was the 6th Nov. I Know that on that day or near that day I bought hair bands paying by card in Claires A... |
|
|  |
Driving-on-E | Is it Illegal? |
I have heard that you can contact creditors and make "pay to remove" arrangements with them by a lot of different sources but when I went to contact the creditor at first the acted as if they never heard of it then I was transfered to a higher up and was told that they cant do that b/c is Illegal for them to do that but based on the several lies that creditors tell to begin with anyway I cant help but to not believe that so is that true and if it isnt how to I go about putting the arrangement in to action and if I have to contact the major credit bureaus I cant find a number anywher to contact them so if you can please provide numbers to where I can speak to live representatives (automated machines are crap) thanks for the help in advance
P.S.
Man I swear it seams as if clearing up your credit is some big conspiracy and know one wants you to know how to do it or (I'll help just send me $) just my opinoin but it should be free (time, and resources) to fix your credit not a secret |
 |
 
bill t
|
Yes PFD(pay for delete) letters work. No its not illegal. All collection agencys want there money. If the only way to get it is to delete the info, you better believe there going to do it. You just have to make sure you get it in writing. You might come across a CA that will just ignore or refuse to do it, wait another month and try again. Use letters to ask for a PFD dont talk to them on the phone.
Ignore all the BS you hear from people on here giving lectures about how to be more responible and how its your fault and blah blah blah. 99% of them dont answer the question anyway. When I ask a question here I would like an answer or a place to find the answer not a &%#@ing lecture. Bottom line, who cares if you made mistake with your credit. You just want an answer to a question. |
|
Landlord
|
You were told clearly, you can not pay to have your credit history falsefied.
Items are removed from your credit history 7 years after the accounts are closed. This is no big secret. |
|
Studly
|
OC isn't quite correct. And Landlord...he's just an uninformed idiot.
I've covered this question before. There is NO LAW that prevents a creditor from deleting any item they have placed on your credit report. There is NOTHING in the user agreement with the credit bureau that prevents it either (I know..I've read it).
And yes, the collection agent can negotiate to have an item removed by the original creditor....the CA is acting as a representative to the creditor and whatever he negotiates is going to be forced on the creditor.
If the Collection agency bought out the debt, then they have every right to delete the entry.
Anyone who wishes to dispute this information please post a source to refute it. You listening Landlord?
Therefore, if you offer to pay a debt off, and the creditor still refuses to remove the negative information from your report, it's not because the law is preventing it....he's doing it to punish you. Plan and simple.
I have constantly recommended that if the creditor refuses to delete the information, don't pay the debt. Sure, you risk having a judgment against you, but the fact is most debts are not pursued, especially if they are under $500. |
|
Alphageek
|
Reguesting or receiving a "Pay for Delete" is neither illegal, nor is it falsifying *anything*. Credit reports are services provided by the credit reporting agencies, and the companies reporting to them pay for the service. If the company chooses to remove the item from the credit report, it's their contractual right to. The law says that *if* they report it to a credit reporting agency, it must be accurate and factual.
Removing the item does not violate the law in any way, and anyone telling you that "the law says they have to report you" is shoveling a load of BS at you.
You are certainly within your rights to approach a collection agency or an original creditor and ask them if they would agree to remove negative information from your credit report in exchange for paying the debt. Chances are, especially with an original creditor, they won't agree to it, because there's really nothing in it for them.
Collection agencies will often *say* they will delete if you pay them, but unless they put it in writing, the verbal agreement is worthless, and they usually won't do anything other than mark the account as paid. It will, however, stay on your report as a negative item (collection account / closed / paid).
One pitfall, though, is that by offering to pay a creditor or collection agency for the debt, you may be affirming its' validity. Be careful about doing this if you don't agree with the account and the amount claimed that you owe.
A pay-for-delete can be accomplished from time to time (I've done it myself), but I wouldn't get your hopes up too high, and if the creditor or collection agency counters by saying they will "mark the account paid in full", they're not doing you any favors - it will stay on your reports most likely until its' 7-year limit expires, with the added headache that it's awfully difficult to successfully file a dispute against a debt that you paid. |
|
OC1999
|
The question is who are you talking to.
If it is the Original Creditor(OC) they will not remove the negative information. But, if you pay it off they must report it as paid off. It will be reported as Paid but previously delinquent.
If you are talking to a Collection Agency, they will often agree to delete THEIR account if you pay. However, they have no control over what the Original Creditor does. If they do not agree to delete their account, they still must report that it is paid and list a 0 balance.
As for the law the FCRA(Fair Credit Reporting Act) does not force a creditor to report at all. However, if they do report then the information they report must be correct. So technically if they remove or don't report the account they are not breaking any laws. Which is why you can usally get CA's to remove their listing.
Now, when you do make this offer, NEVER do it by the phone. Always send it by certified mail with a return receipt so you have proof that they got it. Do not send any money to them until you have an agreement from them in writting. |
|
Tuyen L
|
i don't think you can pay to have it removed and such, but what you can do is wait seven years starting from the date the bad item that was put in your report then you can call them up and have the credit bureaus remove it for FREE. good luck |
|
roginad
|
Man, I would like to be honest with you. Right term for a credit is "credit history". Just think about meaning of the combination of the words: "Clearing or fixing a history". If you did a mistake in the past, then it is the history, if not - it is a falsification of the history. You can clear falsifications. Otherwise, accept history but work hard to fix your mistakes. In other words, it is much more productive to rebuild your credit history. You find hundreds of answers how to do that. Just do it properly and success will come. |
|
Nicki W
 |
I fixed my credit using information I downloaded at www.creditrepair101site.com Way more info than you could ever use included in their package. |
|
mccray_51
 |
It sounds too good to be true because it is..the term "credit history" means just that to change your history fraudulently is deceiving prospective creditors into thinking your "pay history is what it isn't. If it could be done everyone would have 800 + ficos and we would have no need for bureaus! |
|
Margana
 |
You do realize it's credit 'history' don't you..
If it was free of time and resources to fix it then what would it be worth?
"Oh wow i totally never pay my bills.. But thank god it takes me no time to fix my awful credit so I can apply for more home loans, I've really learned my lesson now..."
You've made a mistake but there are ways to raise your credit without fixing the errors you've made... A search on google should help you find some "ways to fix [your] credit" |
|
bud68
 |
It is not a big secret to clear your credit - pay your bills on time and manage debt responsibly. You screwed it up - unfortunately it takes a long time to clear off your record. You can't buy your way clear. |
|
Teh21
 |
actualy you can buy your way clear, I've done it :) |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 28 minutes(s) ago
| | | |
11 | 42 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
11 | 6 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
11 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
