 Who can I talk to about credit repair? I have a 675 score but am being denied for credit.? |
| I own 2 rentals and 1 house. Income is commision about $60,000. I also have about 6 small credit cards totalling about $6000. I want to transfer balances but have been denied. Should I cancel all the ... |
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 What is an easy credit card to get??? |
| I already have one through my bank, but I'm going to close it. I'm only 20 and as you all know its hard to establish credit. My Credit score is a 690.. which is fair, so why do people with ... |
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 Do Barclays really over-charge their customers ? |
| Is it just a problem with Barclays or do all banks do it ?... |
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 Bank incressed my overdraft by £500 without consent! What can I do? |
| I left my job in Dec had no money coming in for a little while the bank decided to up my overdraft limit. Which has now thrown me into debt as I now have a overdraft limit of nearly £1000 i get paid ... |
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 Is it worth getting a..............? |
| credit card. The reason i asked was because i want to buy a few things over the net but they only want credit card users. I have a debit card but this isn't much ... |
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 How do I tackle my credit card debt wisely and more efficiently?? |
I have 4 credits cards:
(1) - 3300
(2) - 1000
(3) - 500
(4) - 500
(Hospital Bills) - 600
I make 500.00 a week and I do not pay any rent -- only phone (40/mo),... |
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 Scared of using cash machine? |
i have a special under 16 debit card from natwest but scared to use a atm because i think people will stare at me, should i go for it or only go when no-one is around?
Additional Details
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 Am I responsible for my husbands credit cards if they are not in my name? |
| Am I responsible for my husbands credit cards if they are not in my name? I just discovered that he is $23,000 in credit card debit. He didn't tell me, I found the bills hidden in his desk ... |
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 I was issued a judgement for credit card debt. Can they take money from my bank account if its shared.? |
| I was told today by the credit card company attorney that they could take money from my bank account i recieve child support by direct deposit, and that is my sole source of income . Can they do that ... |
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 How do i get approved for credit? |
| Im trying to build up my credit history but ive tried about 5 credit card and non approved me. i even tried a credit card that says it will approve credit for people with "Fair Credit". im 1... |
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 Can you have more than one credit card? |
| as in..more than one kind of visa or mastercard..or any ... |
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| Bankruptcy vs. Paying it off? |
| My husband and I make about $32,000 a year, and not including my car, have about $10,000 worth of credit card and medical debt. All of these accounts are closed, charged off, and in the hands of ... |
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Alminda Muhavey | What happens when you don't pay off credit card debt? |
Can the company sue you for not paying off the debt? Does it eventually go away? What happens when you do not pay off credit card debt? |
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Midwest guy
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Credit card companies will eventually turn you over to a credit agency who will hound you for months to come. Eventually you might get away without paying but it does go on your credit report and effect your rating making it hard to get new cards, buy cars, and a home.
Don't be a deadbeat, pay your bills. |
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Mi Atheist Girl
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You can be sent to collections, you can be taken to court and possibly have your wages garnished if they credit card company wins the suit. It will also be reflected on your credit report for years and could affect future purchases (like a house or car).
Best to come up with a payment plan with the credit card company... |
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Demona M
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usually you go to a collection agency. If you still don't pay then yes you can be sued. The debt does not go away, but your credit goes straight to h... |
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Beth
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The company can keep charging fees and interest, which adds up really fast. You can end up paying thousands more than the original balance. Also, they can sue you or send the bill to collections, which looks AWFUL on a credit report. You won't be able to get a loan or an apartment with bad credit. My advice is to get a debt consolidator (if you qualify) to lower or stop the interest and put you on a payment plan you can afford. |
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GinaValentina
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You'll be really screwed, so pay up! |
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Cap'n Mad Jack Cheddar
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it goes to collections in which they will take legal action against you and your property. |
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Sahara
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It's unsecured debt so there isn't much the credit card company can do. They can damage your credit. You will receive phone calls. It will probably end up in collection. |
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wenfriedrich
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a community property state, the rules change. Any debts incurred during the marriage are considered JOINT debts - just like property. So, even if your spouse is NOT on any of the accounts specifically, the spouse is still vulnerable to creditors. The only exception I know of is if all the debt was incurred PRIOR to the marriage, then it is separate.
Well, they can't put you in prison.
But they can make your life a living heck [this board bans the full H word? Odd] for the next 7 years--and prevent you from doing many things you want to do by making credit totally unavailable to you at a reasonable interest rate.
And you will lose the respect of others and your self-respect...unless, of course, you're talking about some unavoidable hardship that prevents you from paying, in which case bankruptcy is the clean way out.
creditors can report the delinquent account to the credit reporting agency that can show on the report up to 7 years.
They can turn the account over to a collection agency which also would have a right to report a 2nd account listing to the credit reoprt within the 7 years of the original listing.
They could file law suit and obtain judgment against you, yet another tradeline listing that can show on the credit report 7 years from the file date... and if you live in a state that allows for judgments being re-newed, that can be another judgment listing for 7 years from file date. |
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kaffegeek
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after my recent divorce i had to default on all of my credit cards. about 4-6 months after telling them all, that i was unable to pay and would probably do a bankruptcy, they ALL offered to accept one third of the balance just prior to charging off. I borrowed from a relative and all my debt was GONE! for 1/3 . this is very common. I started to recieve new credit card offers in the mail, and throwing them away, almost immediatly.
remember they cannot garnish, wages if you dont have them so if you are self employed , well... |
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Cindy
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Truthfully. They report to your credit and threaten you with litigation, but I have literally pulled thousands of credit reports. I have never saw one instance of legal action on a credit card. |
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Rony
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April it goes to collections in which they will take legal action against you and your property. I found interesting information about your answer & options here. Goodhttp://all-debt-consolidation-loan.blogspot.com/2007/07/loan-consolidation.html Good luck! |
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CHRIS V
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Yes, you can be sued if you don't pay them. If they obtain a judgment, they can garnish your wages and seize money from your checking account, if that doesn't work, in most instances they can put a lien against any real property. If you do nothing, charged off accounts will drop off of your credit report 7 years after the fact, but....In most states the statute of limitations is much longer. For example, in the state of Ohio, the statute of limitations is 15 years. So...You forget about it, the debt has fallen off of your credit report, then 14 years later, you can get sued. |
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