 Which do I pay first? |
| We have about 13,000 in cc debt I am getting a tax refund check tomorrow and am putting the whole thing towards my debt but I am not sure which way to do it. Here is a list of my debt and apr cc1- 468... |
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 How can I get a credit card if I have a bad credit history? |
| I have just moved home and don't owe anything from this address.Are there any companies out there that are easy to get them from or are there any tricks you could share with me?... |
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 Which is the better credit card? |
I'm in dilemma between these 2 credit cards that I just received.
1st Card:
-8% APR (fixed)
-3500 points ($1 = 1 point) is equal to 25 dollars cash back. (less than 1% ... |
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 I need a auto loan from a credit union but don't have an account!? |
| I am told that getting an auto loan from a credit union is the best way to go and some even offer you 100% auto financing but how would that work would I have to become a member, do I need perfect ... |
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 Where can I get a loan for $2500 with fair credit? |
| I have already been scammed by Sterling Finche online and now find myself in dire need of funds. What to do? I am not a loser, I work (teacher) just had a rough summer. I sold everything I can sell! I... |
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 I am being sued for a $6,000 credit card in New Jersey from a collection agency. What do I do? |
| The card was with Providian and I had it way back in 1998. I was making monthly payments until around 2001. I ended up losing my job and shortly after moved to New Jersey. I have been living and ... |
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 Who gives loans to people with bad credit? |
| After a loan to pay off my debts but have 3 defaults from 4 years ago. Any ideas?... |
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 How do I reduce our credit card interest rate? |
| My husband and I between the two of us have on credit card from Capital One. Our Balance is 5000 with a limit of 6500, we do use the credit card atleast once a week and send out a payment of about 50... |
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 How long is a debt held for before it is written off if they cant locate you? |
| I recently received a letter stating that i owe £29k after 18 yrs on a property that a previous x let go into repossession. what can i ... |
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 I need a $5000 loan, credit score of 590?? |
does anyone know of any lenders who will do this? i need names.
Additional Details
the thing is, im no longer in any debt. all of my debts and collections have been paid off. Im trying ... |
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 BANK OF AMERICA SCREWED ME OVER!!! I need help!!? |
| Alright, here is my situation, I have a checking and credit card with them. I set up my credit card payment to come out on the 10th every month, for some reason it came out on the second, and they ... |
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 Did anybody get a personal loan with bad credit? |
| My husband and I want a loan for $50,000 for investing purposes but have bad credit. Is there anybody that ever got a loan with bad credit for a large amount of income. No Scams. Please. Only legit ... |
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 Is it better to pay off your balance or to get a payment history established? |
| Soon I will be making more money and will easily be able to pay off my creditors but I have poor credit right now. Is it better for the credit report if I pay them off in full or if I just ride the ... |
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Kniphe Party | What happens if I'm approved for a credit card, abuse it, and never pay? |
What are the legal consequences of this? the credit limit is $1,500.00. |
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cariebear197
 |
you end up paying twice the amount and your credit is shot... take it from someone who knows and jsut paid thiers off. |
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GreekQT
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bad credit score and no more credit cards.
Plus you will have your phone ringing off the hook until you settle something |
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yuniversal3
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They can place a lien on you and should you come into any real money, what you owe will be sutracted. |
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gef l
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A few things. Firstly they will come to your house and take whatever is worth $1500. Then they will put a mark against your name which will stop you from the ability of buying or even just renting a house, getting a moblie phone, getting any loan, they will cancel your passport, you will not be allowed to own a car worth over a certain amount (usually a pathetic amount) If you are really thinking of doing this, then make it worth it, like at least $50000. |
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ripxtreme
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That is like stealing. Would you steal? If yes, then do it. You face the same consequences and they are not good.
They will impact you a very, very long time in all aspects of your life. - No more credit, not able to buy a car, lease a car without paying huge interest rates, if at all, insurance rates will be much higher, you will have a mark on your credit rating.
The list is very, very long.
Bad idea. |
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luciousgreeneyedlady
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you will be sued and your wages will be garnished. |
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amanda
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Your credit score will go to shiit. |
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ye_river_xiv
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Hey now, you think the credit company will just give you that money? They're in business to make a profit off of loosers who do that sort of thing.
First, the company will start charging you interest. This is monthly compounded interest, usually somewhere between 15-30%. That means that the first month, they charge you 1,500.00 (or however much you've abused) plus some percent of that value. The next month, they add the percent you didn't pay before to the amount, and charge you some percent for the new amount.
As the ammount due increases, your credit score will begin to decrease.
Eventually, the company will prevent you from using your credit card, and will hire a collection agency to get the money you owe them back.
The collection agency will definitely start making obnoxious phone calls, writing letters, and sending Emails in reference to claim number xxxxxxxxxx, and stating that "You KNOW what this is about."
Within minutes of sending these messages, the collection agency will attemot to freeze any and all liquid assets you possess, meaning that your bank account, and any stocks, bonds, etc. in your name will be untouhchable. You will not be able to withdraw money from any source, unless you got the hookup with a swiss bank account or something.
The collection agency will forward your case to agents on the opposite coast from you (or to their hawaii office if you're on the east coast) and demand that you call them back during their working hours.
After that... Well, the collection agency can file suit against you, they may attempt to garnish your wages, put a lien on your property, claim your school transcripts, or hire another "Collection Agency" to come in and collect your furniture, your car, your wife, break your legs, kill your pets...
You can avoid some of these nasty problems by paying your credit cards on time. Some collection agencies allow you to work out a payment program without breaking your legs. In some places you can get out of some of the mess by consolidating your debts, declaring bankruptcy, etc.
At some point, when you are old and decrepit, and have spent several million dollars to pay off the compounded interest from that $1,500 dollar card, they will declare your debt to be paid, and you will die, because you have no money for the life support you need to treat your debilitating condition caused by chronic stress. |
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Ganapathy J
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It is all how you look at life.It is like asking what after marriage?Enjoy and divorce? You are bound legally.If you chose to face the consequences.It is your problem.If you use the credit card judiciously you will get more rewards. |
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ak
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Then the rest if us who are resonsible adults get to pay higher interest rates. |
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Judy1
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Eventually they'd probably sue you, win a judgement, and garnish your wages. Plus you'll screw up your credit rating for the future. |
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silkenwings228
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You won't be getting anymore cards, that's for sure. Your credit rating will be shot. You run the risk of not being able to get jobs, insurance (of any kind including auto, home, and health or paying extremely high rates), apartments/houses, sometimes even bank accounts. The information will sit on your account for 7 years from the date of the first delinquency, and even if you pay it off, it will still be there for 7 years. You also run the risk of being taken to court and having the money taken from your wages each month or having property siezed to pay the debt. It's really not worth it. If you can't pay it, don't get it. It'll only end up hurting you to not pay it off. |
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tenacious 1
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If fraud can be proven they can come after you criminally as well as ruin your credit.If you are going to stiff a cc company for $1500 you shouldn't even be online and probably won't be for long as you will STIFF your cable co. for the online bill.People like you do NOT deserve any compassion .Sounds like you are nothing more than a SMALL TIME LOSER!! |
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HaLF_BaKeD123
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It gets reported to the Credit Bureau and collection efforts will be put into play. Some collection agencies may go as far as filing suit in some cases.
Bottom line, don't be a smart asss..u charge it, you pay it. |
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Alice K
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You'll end up with a black mark on your credit report that can screw you up for 10 years, and if the company can prove you did it deliberately, you can be charged with fraud. Knock yourself out. |
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$BIG.E$
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you mess up your credit and if you don't fix it you won't be able to get things like a car or a house without paying in cash |
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McWordless
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NONE you jus get more and more debit that will effect yo future ... you will never be able to get a house car inusrance (?) and anything like that... if you like life on the street with no hope abuse away.... |
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Sekkennight
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jail time, bankruptcy, A life time of bad credit and you could lose your car, house or never be able to buy them in the frist places. |
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Clueless
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For one thing, you'd be an absolute **** if you did this. talk about selfish.
Secondly, if you didn't pay. Debt collectors will be sent to your place of residence and they will take enough of your things to make up for their loss of money.
Then you will have a bad credit rating, you wouldn't be able to get another credit card, loan, mobile phone account...
Up *hit creek without a paddle. |
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