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Additional D... |
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Breezy | Mother messed up my credit....? |
I got my credit report and now I know why I haven't been able to get any credit. I'm 24 now and living on my own. When I was 18 my mother took out a phone and cable account in my name.Meaning she couldn't get an account so the bill would be in my name and she would pay it. Me being in her home I felt as though it would be helpful.She assured me she would pay on time ect. (she messed up her credit bad I should have known) Now I owe well over $1,500 to comcast and sbc. I don't really know how to handle this. She isn't financially good but me and my husband have a lot of goals for our future. I can't afford to pay for these bills and I don't know what to do. Please be serious, this is a serious question.
Additional Details
The account is closed now because we bith moved. She opened up all her accounts in her name. |
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JerseyBricklayer
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I had the exact same problem. Short of pressing charges on your mom :-/ About the only thing you can do is pay it off like I did. |
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dibdibbler
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Find out when bad debts like these are wiped from your credit report, ask the credit report company, it cant be more than six years, then ask for them to be wiped and you should be ok. |
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jah
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I wish I could help you. |
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dirtslinger6
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sorry to hear what happened but it is under your name there four it is your account not your moms just see what she can pay you until it is paid off. |
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DaMan
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Briana,
Three steps.
1. Have a heart-to-heart talk with your mother letting her know that you love her enough to assume joint ownership over the mess she left you THIS time.
2. You and your mother should draw up an agreed-upon payment schedule to pay down the $1,500. $750 each? Furthermore, you should get this payment schedule and agreement in writing. Verbals will no longer do as she practically stole your identity for her own convenience.
No, I am not kidding -- you might need it later. See Suze Orman's website about loan agreements.
3. As a final note, you have to assume the "parent" role. You must let your mother know that if she repeats her ID theft-ca-pade, you will file charges against her. If she acts shocked, just tell her, "I'm sorry, but you raised me to respect my family and what you did with these accounts hurt me personally and financially. It is jeopardizing my marriage and my relationship with my husband. I will not condone any type of behavior which undermines everything you taught me as a child."
She will know exactly what you mean and where you stand. |
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Ez
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First of all, you need to remove your name from those accounts. Tell her that you have been denied several credit lines due to these accounts and that you need to have yourself removed from them. Tell her that you will assist her in any other way that you can, even if it comes to helping her pay parts of the bill. If she doesn't mind not paying the bill then she shouldn't mind you not paying your share. I know it sounds like a bad situation, but why mess up 2 credit scores when hers is already shot. |
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Michelle K
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there is nothing to do short of asking her if she will pay it ask her around the time she gets her income tax return maybe she will pay it.. |
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shlegminitism
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Sounds bad. Don't let her put anything else under your name. Did you actually sign the cable and phone paperwork or did she sign your name? If you signed it, then there is little you can do if she isn't willing to (or can't) pay for it. Contact comcast and sbc and see if they have a payment plan, or if you are a college student you could take out a low-interest loan from the college to pay it off so they wont have to keep paying their high interest rates. |
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The Finance guy
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I'm soooo sorry that you mom did this to you. I feel that credit is one of the most important thing in everyones life. The VERY first thing that you need to do is keep up on your bills so that you don't have NEW late payments/closed accounts on your report. Go ahead and go through your monthly budget and find all of the things that you don't need and CUT them out of your life so that you can free some money up and start paying off these bills. NEVER let any family member do anything that will involve your credit. If you do let anyone you will be responsible for that account 100% |
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Ranger
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u can settle with these collection agencys (if its in collections) just keep telling them look i cant pay it back they make decent offers and if u pay them in payments and dont miss any it will help ur credit a little once u make an agreement tell them thatu want it taken off your credit report... ive had to do this several times it works goodluck!! |
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Evan L
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Well the credit history is THE MOST IMPORTANT thing in our Country. I would pay for those bills whatever it takes. |
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Arthur A
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If you feel that the money is still due to you by your mom, then now if she has her own credit the right thing for her to do is get a cash advance on one of her credit cards to repay you back. |
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Beetle in a Box
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There is only a certain amount of time that bad debts are allowed to be reported on your credit report. If this first started six years ago, you may be nearing the terms of the statue of limitations. Don't do *anything* until you find out when these items would expire from your credit report. Especially don't contact the collections people, because contacting them resets the clock.
If you're nearing the statute of limitations I would not pay, but wait for the debt to fall off your record. Ordinarily I would not recommend this, but in your situation it's excusable.
Don't enter into any financial arrangements with your mother or loan her money that you would like to see again, although you probably already know this now! |
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scotto
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your mom sucks. |
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