 Im in a debt management plan but have just phoned up...? |
and they said when i first started with them i owned £6,500 or just under, i have now been with them for 2 years and i just spoken to them on the phone and they said i now owe just over £5000...
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 Bank Loan matters? |
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I have been turned down back after back on credit cards and loans because I don't have any credit. I don't know anyone with good standing to co-sign for me.
I have recently ... |
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| IN 2006 I HAD ABOUT 7 CREDIT CARDS (INCLUDING 1 STORE CARD). NEEDLESS TO SAY ALL OF THEM HAVE BEEN SENT TO COLLECTIONS/CHARGED OFF. HOW DO I RESTORE MY CREDIT?... |
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 Cutting credit card? |
Hi all,
please tell exactly how to cut and deface a credit card with scissors as i want to cancel mine. SHould I sent the cut pieces of card to credit card company??
regards,
... |
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| what is the best credit card for starting a small ... |
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 Can a credit company claim repayment if they have not been in contact for 9 1/2 years? |
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| I'm about to be a college student and I'm looking to start establishing good credit for myself. I have never opened a credit card before and i want to get the best one possible for a ... |
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| I've recently separated. My husband accumulated $15,000 in credit card debt before he left. He isn't working now and is applying for disablilty. In the meantime he has no income and is ... |
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 Would this have affected my credit rating??? |
I had a debit card which was used fraudulently a year or so ago. It was cancelled by my bank.
I had the details of this card saved within the account section of a website i often buy ... |
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| i just think that if people go bankrupt they should still pay something towards there debt even if its a small amount. At the end of the day they got themself in that postion and should still pay at ... |
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| A friend used my name to purchase a car and the car was later repossessed leaving behind a debt under my name. Now, a debt collecting company is haunting my family as I am no longer staying with them.... |
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ArchAngel Raziel | Mom wants me to pay 500 dollars of her credit bill because intrest is so high? |
She has a card with like a 470 something balance with a really high interest, and she keeps asking me to pay it with my card so that she can stop paying the high interest and the annunal fee that comes with it.
Thing is she keeps throwing in my face that she took out parent plus loans for me 14,000 worth over two years for me. She says she went into debt b/c of me. I would have gladly just took unsub stafford loans insteads, b/c I'm still going to end up helping her pay that off once I get out college.
So should I transfer the balance, b/c I've been beating around the bush about it for awhile?
I just don't want to ruin my credit like she did hers. |
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Bart S
 |
You're right not to want to ruin your credit, but she may have point that you owe her in some way.
Encourage her to attend some debt management counselling and maybe restructure the debt to reduce the interest. |
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unknown friend
 |
Definately not, your mom will just run her card up again after you do that and it will cause your card to be run up immediately.
You did not ask her to pay for your loans she did that on her own accord. She is using it as a guilt trip because she is out of control with debt and reaching. She needs to learn to control her spending!
When you transfer it to your card, it works the same way as if you take cash out on it, it all becomes due immediately, you don't get the 30 day grace period to pay it off without interest.
That 30 day grace period is only applicable if it was a purchase through a store or business.
Your mom needs to learn to handle her spending habits, if you have the money to help her, then fine give her the money and let her put it on her card. However I think if you do give her the money she will just spend it and come back for more.
But basically the high limit is the only thing stopping her from spending more and getting deeper in debt.
Unfortunately not all adults learn to properly handle their money, the fact that you have means your a responsible person but definately, Don't tranfer her debt to you! |
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Tom S
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If this is the first time, shame on you, help your mom.
If there is a history, set her up with a credit counseling service. |
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book writer
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Your call |
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madison t
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YOUR MOTHER NEEDS HELP AND IF YOU HAVE THE MONEY IT DOES NOT HURT FOR YOU TO PAY THE BILL TO SAVE HER CREDIT. |
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Jp
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As long as you can make the payments..
I dont trust anyone but myself to pay MY cards. |
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Beau R
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I just gave you my answer on another credit card (cable) bill. |
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jshufelt
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Is the balance on her card from her own spending? How much of that did you put on there yourself? Nothing? Then, tell her she needs to get control of her own spending habits and why should you take on her personal debt? She's pulling a guilt trip on you telling you she "went into debt" to take out student loans for you. Set up an agreement that once you get out of college, you will take the responsibility to pay back any student loan payments, but nothing else, especially her personal credit cards! |
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Billie
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IS there a question here? |
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