 Where can I get a credit card if my credit is bad and I have a balance on another card? |
| I already know I shouldn't get another card...but If I can transfer my old balance...... |
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 When you're applying for credit and it asks you if you rent or own, but you live with your parents for free..? |
my dad might start charging me rent soon, but that's not an offical financial transfer like renting a house.
which one is the one you're suppose to choose?... |
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 Low credit rating? |
| i can not get credit anywhere i have even tryed every credit card for ppl with no credit rating im at my wits end. do you get credit rating by owning a phone line?... |
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 Please help me I'm being sued by a collection agency? |
| Yesterday of all days I received a note that I was being summoned to court for a credit card that I had 5 years ago. They are saying I owe them 2,400 plus interest however the card they gave me was ... |
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 I co-signed with a guy whos not my friend anymor. Help? |
| I co-signed for a loan on a tv for a friend a while ago. We are recently on the outs, and he went out and bought a $2300 tv on that same line of credit!!! How can i get out of this if he wont pay ... |
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 Will it affect my credit? |
| I have two other roommates and we split the bills every month. One of my roommates is terrible about paying and causes us to be late every month. My name is on the accounts, but the most information ... |
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 Where can i go to find out my credit score for free? |
Additional Details
without having to put a credit card in.... |
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 Why do we die? |
| how can it be stop?... |
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 No Doc, Bad Credit, First time Home Buyer Purchase Mortgage? |
| I want to buy a single family home in Louisiana for 165,000. I have never filed bankruptcy. But I have a poor credit score, student loans and am self-employed. That's the bad stuff. The good ... |
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 I keep getting harrassed by this credit agency. I spoke to them and told them that my debit was b/c of them... |
| they were suppose to take money from a bank and the took it out from an old one and i told them to fix it the day it was supposed to be due and they said okay and they took it from the account that i ... |
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 Which would have the biggest impact on my credit? |
| I will be getting a lump sum pretty soon and am trying to determine which would best help my credit--pay off 1 or 2 of the larger loans then pay monthly on the smaller ones or pay off several of the ... |
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 Credit Repair? |
| Can anyone recommend a reputable credit repair company in the Arlington, Tx area?... |
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 Credit Score? |
| I just ran my credit score through freecreditreport.com and it shows my credit score a 9002? Is this correct? I am ... |
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 I have really bad credit but my husband has excellent credit, a few creditors called? |
| and said that they would put a lean on my husbands house (its only in his name) would it be best for me to bankrupt $20,000?... |
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 Debt: Is it ok to show-up to the financing firm after 9 months of non-payment? |
| I had a loan to this certain financing firm but was out of the country for almost 9 months now. Now that I am back, I was thinking of showing-up but I am scared of the consequences since they have ... |
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| Credit report? |
| Does anyone know how I can see me credit report without paying or having to use my credit card? If you go on free credit report.com you can't continue without giving them your cc #. Any ... |
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elangarreg | When someone misses a monthly payment or even two months under debt management,what are the consequences? |
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RM
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In this economy? Not good, that's for sure. They'll probably increase your interest rate and therefore it will take you even longer to pay it off. |
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TEL BOY
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I have a sneeky feeling you are about to find out |
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Inca Yebail - The 6th profit.
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The consequences depend entirely upon the lender:
Loan shark = broken legs, smashed car.
Shady property loan = lose your house if miss 1 payment
Bank etc. = several letters, then repossession. Can take months.
My solution has been to only get what I need. Ergo, I don't need to borrow money. |
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Lily B Talus
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Well, extra charges, an end to the agreement, bailliffs and house repossession are all likely so get some professional advice quickly. |
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rennickelizabe
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they stop the payment plan unless you have a good reason if you want to get your debt sorted keep up the payments as it will help you in the future to get a mortgage or loan if your home is secured on these payments you could lose it write or call them to explain they will understand hope this helps |
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Carl UK
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When you pay a monthly payment to a debt management plan the debt management company distributes that payment around your creditors - if you dont pay the DMP then they can not pay anything to your creditors.
Depending on the DM company you may or may not be dropped from the DM plan. I would suggest speaking to the DM company as soon as possible in order to get the payments going again - if you are unable to afford the debt management payments the DM company should be able to re-structure your debts so they are more inline with what you can afford.
If you are dropped from the DM plan you will need to deal with all your creditors yourself which can be difficult depending on how far the creditors have gone down the road of issueing defaults / CCJ's etc. Bearing in mind they probably agreed to reduced payments through the debt management company you may find them unwilling to accept very low monthly payments as the debt management plan has not been maintained (which is why you should contact the DM company) as they will more than likely be better positioned to deal with your creditors regarding missed payments - although you will more than likely need to make a payment towards your DMP in order for the company to work on your behalf.
Hope this helps. |
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OC1999
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You need to talk to your DMP as soon as you think this may happen.
They disperse the funds to your creditors after you make your monthly payment. So if you miss that payment they will not send any money to your creditors. This will almost certainly start up the collection calls to you again.
After a couple of missed payments you will probably be dropped from the DMP where you would again need to deal with the credit card companies directly. If this goes on for a few more months they may turn it over to collections and charge-off the account.
But if you contact the DMP before this happens they may be able to work something out that would keep you active on the DMP if this is a temporary thing. If it is more permanent you may need to look at other options. |
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John D
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Interest, Late Charges, Fees, Bad Credit Rating, Fines, repossession, lawsuit, whatever your contract allows for |
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david.hutchings3@btopenworld.com
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county court or they could add more interest on what you owe |
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