 I Owe 5000 on a CC, with interest, Can I really Be Sued for 10,000? |
| I've been avoiding this and it's my fault. I checked out my credit report and aparently now I owe them 10,000 after they've added on interest! What do I do? I have no job, I own ... |
|
 Why are my credit card interest rates going up? |
| it's going from 9.99% to 24.99% i've never missed a payment in the 3 years i've been with them and almost always paid more than the minimum payment. i've never missed any of my ... |
|
 Whats Better for credit scores? |
| I paid off my balance today and iam wondering if carrying a balance or paying off your balance is better for your credit ... |
|
 How to get a loan if your credit history is bad? |
| I want to buy a property or mobile home, sell my property first but need a loan, mortage how can i apply if My credit is bad and who to go to who is reputable UK ... |
|
 Should I...? |
| Should I...pay off both my credit cards a little at a time, at the same time, or pay one off, then the other? Which is better for my credit?... |
|
 Is Walmart open on New Years? |
| I've looked around and couldn't find any answers. I was hopeing one of you guys might know.... |
|
 What would you do if a credit card company sues you? |
| I have recieved a letter from the court that a credit card company sues me and had made a judgement about me. This is the first time that ever happened to me. I dont want to go thru all that messed ... |
|
 Im feeling so helpless lately, borderline suicidal...? |
| Im not posting one of those whoa is me type questions but it seems like when it rains it pours - Ive never had just a couple of issues in life it either goes from good to very very bad or vice versa, ... |
|
 Does anyone know of any website that you can get a free credit report? |
| no not creditreport.com they say its free but you have to put in your debit card information..and um no..im trying to look for a website that you can actually do it free the first time or something ... |
|
 I want to buy a home. I need help!? |
| I need any loop holes to get a loan even with bad credit. My credit score is between 449-508 only a year ago it was 657! What do I do? i need a mortgage loan for $185,000. Help!... |
|
 Has anyone heard of the Canadian Loan Group? |
| I was starting a loan file with them and I was curious to see if anyone has worked with this company before.... |
|
 Why do people go in debt? where do they spend all there money? |
| is just that im asking because im very young and want to know that how and what takes peoples money i know for sure that i dont go spending money around so why do alot of people end up in debt it s ... |
|
 Paying my credit card in full is good or bad? |
I am trying to rebuild my credit. I just got a hsbc secured card and I would like to ask a question.
I found out that my billing cycle is on every 14th of the month.
Lets say I ... |
|
 I owe $3000 and I have a detective calling me with threats? |
Is this a real police officer? He sure sounds mean enough.
Can he arrest me? I'm trying to pay but money is tight. I don't want to lose my job.
What should I ask ... |
|
 Just paid off my credit card... and I'm looking for new ideas of what to spend my new credit on... any ideas? |
Additional Details
Okay, I wasn't looking for a lecture, common people be creative... I've got $15,000 of money that I didn't even earn!! what should I do?!!!... |
|
|  |
Caitlin | Question about credit and credit score? |
My spouse and I have pretty bad credit right now. We owe almost 14k (all credit cards) and both have poor credit scores. However, we have come into some money and are planning on paying off all of our credit cards.
My question is this: How soon will our credit score improve? If we have everything paid off, will our score get bumped up automatically, or will we have to re-establish our credit with more credit (would like to avoid this if possible)? Once we are debt-free, we want to take out a mortgage, so this is a huge concern for us right now. Thanks. |
 |
 
Credit Guy
 |
If your accounts are showing as delinquent on your credit report, you need to ask your creditors for a "pay for delete". A pay for delete is basically where you pay and they delete.
Make sure you get it in writing that they will delete the account (or mark it as "paid as agreed" before you pay.)
There are many other techniques you can learn to repair your credit. Visit the site below to learn of them. |
|
helpwanted
|
if you pay off all of your credit cards all at once. yes, you should see an improvement in your credit score. however, you ALWAYS want to keep your balances BELOW 50% of your limit!!!!! (30% would be more desireable) this show's the credit bearous that you are able to manage your credit effectively. the absolout MOST important thing you can do is pay your bills on time!!! never any bill more than 30 days late. remember, it won't report to the credit beaurou as "late" until it's past 30 day's. so, if you already have credit cards, there's no need to re-establish with more credit accounts, just manage the ones you have. remember, under 50% of the high balance is great, but under 30% is better. if you have never had a mortgage before, make sure you keep a record of how you have been paying your rent for the past year. and if you have recieved this lump sum of money, the best thing you can do besides paying down your credit cards to below 30% is just to keep the money. when you apply for a mortgage it looks good if you have some liquid cash reserves available, plus you may need some money to put down on your new home.
good luck! |
|
nbalesteri
|
ok First ..... you want to keep your credit cards open with about 15-20% balence of your total limit... This will build up your credit believe it or not, That way you put some of this money aside for a down payment or into savings. Your credit score changes every month on the 2nd, it will take you about 6 months - 1 Year to get where you want. I raised my score by 160 points in a year by paying off my credit cards except my highest limit one and keeping a balence on it, because you have to have some sort of outstanding credit to build it up.
One last thing to remember is to check you credit score from all 3 bureaus because the will all be different find out what you haven't paid off and pay them off, you will also need to see if you paid something and it still has a balence you will have to contact the company or collections and have them send you a letter and send the letter to all three companys.
one final thought... If you have been turned into collections and settled out.... lets say you owed 2000 but they said if you pay 1000 we willl clear it. Well it gets the company and collections off your back BUT that remaining balence will still show on your credit reports, as a balence .... it will be a negitive mark, so pay that off to.
I hope this has been helpful, I have been through the samething.
Nick
if you want more advice you can email me at nbalesteri@gmail.com |
|
Dewey K
 |
They should report this within 30 days give or take. You may have to be patient. Of course if you have your check to prove they are paid off they might accept it, I don't know.
Check the information on this site
http://www.1-800BadCredit.com |
|
Crazy Cat Lady >^..^<
 |
I would work with your creditors for a reduced amount owed and a DELETION off your credit. Get it in writing though |
|
Todd D
 |
Find a pro that can help you with this, you'll have to pay for it, but it'll be worth it. Be sure to find someone legit. There are many companies that sort of prey on the (credit) weak. |
|
SCH
|
Ask for a debt settlement and with that don't forget to negotiate your credit score. Check out this website, it gives great info for negotiating with your creditors:
http://www.creditinfocenter.com/debt/settle_debts.shtml
http://www.creditinfocenter.com/debt/neg_rating_after_settle.shtml |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 26 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 3 week(s) ago
| | | |
9 | 1 month(s) ago
| | | |
9 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
