 VERY BAD CREDIT, in debt & need to get loan to pay off? |
| I do not need anyones personal opinions on the fact that i shouldnt be in this debt. i know this. i just need to know what options i have. credit card interest rates are incredibly high and no matter ... |
|
 How do you buy things on the net if you have no credit card? |
| I have money but don't own a credit card. My last one was used by someone who managed to get my details on the net. Are there any good sites that you can shop on and pay for the goods with a chq ... |
|
 One or the other love vs. debt! help help help? |
| so i support my boyfriend right now.. he lives with my puppy and i in an apartment. since hes moved in i got myself in a few grand of debt [due to the fact that i only really made enough to support ... |
|
 How do you start to build credit ? |
| Hi there, I just moved to this country and I have no credit history, I was told no credit history is like bad credit history, I've made the same mistakes everybody does, I've tried to start ... |
|
 Has anyone got any good advice about getting out of debt??? |
| I dot want to take another loan to consolidate, but would find it easier if i just had 1 payent a wk/... |
|
 Can someone who knows what they are talking about please help me? |
I'm a 23 year old married woman with no credit what so ever. My husband has bad credit. What can I do to ensure that I will have good credit withen the next year?
Additional Details
... |
|
 Is this a SCAM???? PLEASE ANSWER!? |
| I am trying to sell some furniture at a online website, I've had my listing going for about a week and all of a sudden got two emails (both sounding quite similar) about my items. This is the ... |
|
 Go to atm make withdrawal gives back more money than you have in acct. I report it who is lliable for extra? |
| I reported to chase bank and it seems like know big deal. I'm I liable to give back the money but they gave me know advice.... |
|
 I have 16k in credit card debt....? |
| just lost my job,have no income or assets cant make my pymts any longer,what should i do?should i declare bankruptcy or just let the creditors chase me until they give up?... |
|
 Can a cell phone company take u to court? |
| my mothers bill is like $1,200.00 and they said that if she doesn't pay it then they will take her to court. i thought it just goes on your credit.... |
|
 I'm being sued by my credit card company what do I do? |
| I'm 23 now but I have a $4,000 debt from when I was 18.I racked up charges on a Visa card and had lost my job so I couldn't pay.They kept rasing how much I owed so I just never paid my debt.... |
|
 Can i get a re-loadable visa card im 13? |
| im a 13 year old and my grandpa sed hed get me a visa card and we cant figure out how any ... |
|
 Whats the quickest way to earn some money? |
| i really need money and afst, i cant have a loan so what else is there that i can do without selling myself or robbing a ... |
|
 I just bought my credit score report for first time in life, is 939 great? |
just kidding....I knew it was high but had no idea it was that high!!!
What can I do as far as dealing with lenders with that type of score?
Additional Details
top score ... |
|
|  |
ali_ed2001 | Whats the best way to deal with a collections agency ? |
any tips ? about how much max time do they give you to pay the money ? |
 |
 
Studly
 |
Holy smokes! It's like I walked into a room filled with collection agents...all this "pay the bills" nonsense!
And nobody answers your question.
Once the bill falls into the hands of the evil collection agent, they must wait at least 30 days from the time they contact you to do anything at all.
Then they will usually harrass for about 4-6 months.
After that will depend on a few things.
1) How much do you owe them?
Usually they don't mess with debts under $500. If you owe over $2000 you are definately going to be a target.
2) Where is the collection agency located. If they have an office near where live, that increases the likelyhood they will sue you. They probably are in court a lot, and it's not going to be difficult to get your case added to the docket on the same date, so it will be easy for them to appear. I've seen the same lawyer handle 12 cases in a row on the same day! So even a small debt is going to be sued for.
But if they are in a differant state, they would have to hire a local lawyer/agency to sue you. That cuts into their profits, and makes it much harder for them to sue.
Remember that collection agents work mostly for commission. They are NOT going to waste several hours of time working to collect a $500 debt, only to get $130 out of it. For the same effort, they will go after a $2000 debt and get $600. They got families to feed too.
So weigh these factors and decide how much danger you are in. If you think you are safe, send the collection agency a "cease and desist" letter so they will be forced to stop calling you or bothering you. This is a "put up or shut up" letter....if they want your money they will have to go to court.
In many cases they will be content just to destroy your credit history for the next 7 years. |
|
kazlith
 |
Whoa! First of all, are they collecting a debt that's the right amount? Many collection agencies tack on their fees, etc. even if the original creditor didn't have a contractual right to do that and they're not supposed to do that unless there's a law saying they can. Secondly, how long ago was the debt incurred? Because, if the debt was created years ago (the time varies from state to state) then the debt might be barred by the Statute of Limitations. If so, you have no legal duty to pay it UNLESS YOU RE-AFFIRM THE DEBT BY ADMITTING YOU OWE IT. That starts the time limit running again. So, if they say "Pay" and the debt was incurred say 3 years ago in a state where the Statute of Limitations is 2 years, then you can say "Hey, I don't owe that and, even if I once did, the Statute of Limitations has barred your claim." Thirdly, assuming you owe the debt and it's all valid, they still don't have a right to harass you and there are attorneys that specialize in prosecuting violators of the "Fair Debt Collection" laws. If it's a fair debt and they aren't violating the law, I recomment folks send in an amount that a judge would see is a reasonable attempt to pay off the debt (e.g. maybe $25 a month on a $600 debt would work if you honestly don't make much money but sending $10 a month when you owe $5000 isn't going to work unless you're on welfare). It would help to have more information. Are they threatening to sue unless you pay the whole thing right away? Well, a lot of judges can be sympathetic if you've made "a good faith effort" to pay. You really need the advice of an attorney knowledgeable in the laws of your area. If you don't have the money to pay an attorney, consider looking for the local "legal aid" that provides free legal assistance to low-income people and see if you income-qualify for a consultation. Don't confuse "legal aid" with "public defenders" because "legal aid" is for civil matters, like debt collection, while "public defenders" help people accused of committing a crime. |
|
Studio7
|
Whatever communication you have with them should be done in writing. They determine how much time you have to pay a debt. And be firm with them-- do not let them intimidate you--you have rights even though you may owe money. |
|
Catspaw
|
You have to negotiate it with them. Figure out how much you can pay, and make a plan to pay that much each month. |
|
Random Precision
 |
Either pay the bill immediately, or talk with them to work out a plan. Ignoring them won't hurt them, but it will destroy your credit record. |
|
Like Glue
 |
Compleatly ignore them. |
|
CowboyBill
|
Yuk. The only real solution is to pay the bill ASAP.
Check out www.daveramsey.com
He has lots of tactics you can use on collectors. |
|
son-shine
|
The best thing to do is talk to them. Don't avoid their phone calls at home. If you don't answer at home and don't return their phone messages, they then begin calling you at work and you really don't need the stress that can cause. They will work with you.
Also, do not give them your checking account and routing number and let them take payments from your checking account. Tell them you will send in a money order and pay yourself. My dad was in his 70's and gave them his checking account number and they took out money whenever they wanted.
Definitely work with them though and be kind on the telephone, no arguments. If they state you must pay $200 per month and all you can afford to pay is $100, then state that. They can't make you pay what you cannot afford. Things will work out better for you that way. I hope this helps and things work out for you soon. |
|
j_solano
|
cuss them out |
|
Natalieeee!
|
*
They will bug you to no end unless you are responsive and stick to whatever plan you decide on together. So even if it's $50 a month, if you stick to it and always return their calls, you'll be OK.
* |
|
icynici
|
Pay the bill. |
|
DrJunk
 |
They realize that you are having trouble paying, so most are willing to work with you to get something in place that works. Don't ignore them, but make sure you know what you want to ask for as far as "leniency" and a reasonable plan. |
|
pappy
 |
The best way to deal with a collection agendy is to pay them.
Better than that, pay the bill before it goes for collection. |
|
redwidow
|
Arrange a payment plan that you can afford and pay your bills. |
|
TMLeaf Fan
|
If you come to an agreed payment schedule, they will generally work with you. But, in the end, you need to pay up. These guys are relentless... |
|
Fleur de Lis
 |
Talk to them and set up a payment plan. They will try to help you. |
|
dragon
|
collection agencys try to screw you they dont care about u all they want is your money try to contact a laywer for a free avice they will help a great deal
p.s. collection agencys break the law everyday yu just need the right info from a attorney |
|
zanahoria611
|
Always talk with them. Things get so much worse if you don't. Even if you can't pay, or can only pay a little at a time, call and talk with them. And don't be surprised if they are cranky. |
|
gottalot2learn
 |
i think only a few weeks and if you don't wanna give money to them nemore and they call you and say your name wrong then there a salesperson and hang up or say shen or he is nor home good bye |
|
First Lady
|
You can ignore them for awhile and they'll usually give up after awhile. They can sue you though so be careful. It's best to work out a payment plan if you can or pay it in full and be done with it. |
|
Mariposa
|
Talk to them and try to get a payment plan. |
|
I love the flipflops
|
Number 1, be honest with them, do not dodge them, answer their calls.
Explain to them you know you owe the debt, if you do, tell them if you have the money they would have theirs also. You would much rather avoid the harrasement than to deal with them but that is the way your situation is right now.
Make an arrangement with them. One you can live by. Remember, they just want their money, they want to get paid, but they can't if you don't have it. When you make an arrangement, make one you can pay. Pay by that arrangement and pay on time. They want to see that you are trying to pay them back.
I am not sure on the time frame but I do know their ultimate goal is to be paid in full.
Good luck. |
|
Taylor29
|
Don't ignore them,it'll only cost you lots more if they take you to court.Work out a reasonable sum you can pay them each week/month,but make sure it's a sum you can afford.Phone and talk with them.Don't let them scare you into agreeing to pay more than you offer.Good luck |
|
debates79_forever@sbcglobal.net
|
I will try to answer this question to the best of my knowledge.
I remember that it runs like this: 21-30, 30-60, 90-120.
Now, what that means is if you have maybe a payment less than
a month late they may send you a reminder. If longer than a month running into 11/2 to 2 you are making them nervous about their money. 30-60 days, in a gentle warning and beyond that...look for your check to be garnished, if you don't make some type of arrangement with them.
Responsibility is your job, IOU is what you said when you used their service now they want you to be responsible to live up to your word. If you are having some type of difficulty call them and let them know along with your desire to pay what you can without putting yourself in the street. If that does not work for you go quickly to a financial counselor to help you with further in-site on what to do. Good luck . |
|
Eldude
|
Pay your bills and be responsible. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
22 | 13 minutes(s) ago
| | | |
25 | 40 minutes(s) ago
| | | |
26 | 1 hour(s) ago
| | | |
24 | 4 hour(s) ago
| | | |
25 | 6 hour(s) ago
| | | |
25 | 9 hour(s) ago
| | | |
25 | 2 day(s) ago
| | | |
25 | 4 day(s) ago
| | | |
23 | 1 week(s) ago
| | | |
25 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
