 Good first credit card? |
Apart from capital one, which i already have, whats a good first does anyone know of a good first credit card for building credit?
(I don't have bad credit, just limited and am trying ... |
|
 I Owe $8000 on My Discover Card....Can i negotiate with them to pay half? |
| I been paying $224 a month never missed a payment, But i am losing hours at work, and owe on to many things...Is it possible to pay just half of the $8000 say like $4000 and if so how can i do this..... |
|
 Can I solve a debt problem before going to court? |
| After my divorce I ended up with almost all the bills. Some of these ended in collection; now I received a letter stating that I will get sued. I called the agency and told them that I want to start ... |
|
 Whats the fastest way to build credit? |
| Whats the fastest way to build credit? I have no damn credit history. What should I do? what credit cards are easier to get? have long will it take before I get my own credit card? any tips? ' 5 ... |
|
 Is it best to ring debt collector companies? |
| When it isnt your debt.I keep getting debt collector letters sent to my address,they are not for me,its not even for a previous tenant and I have lived at my address for 4 years.after the first ... |
|
 I have some old debt on my credit should I ...........?? |
| just let the 7 year period run out on them since they're so old or what? I don't use any of my credit anyway as I pay cash for everything and my husband's credit is excellent. So we ... |
|
 Fired from credit union, bad credit? |
| Okay i accidentlaly gave away 3000 dollars and got fired from a credit union - it was a complete accident but im trying to get a job at flagstar and not only did that happen but i have poor credit. W... |
|
 How will this work? |
| My husband and I are considering bankruptcy. We have about 50,000 in debt and he recently lost his job through no fault of his own. We want to keep our vehicles that have financing out there as ... |
|
 Bad credit home loan? |
| My husband and I have bad credit well I should say I have bad credit he really has no credit, we thought we had a loan even had the house appraised and a closing date a day before the closing the ... |
|
 Debit card payments? |
| is there a time limit of which a company can take money from your account when you have paid by debit card - i.e you pay for something but they dont take the payment out until 5 months later!... |
|
 Is it a good idea to get an unecured loan to pay off credit cards? |
| So I've got some credit card debt - not a lot, but enough that I want to pay it off ASAP. Is it better to get a lower-interest unsecured loan to pay off my higher interest cards? What does doing ... |
|
 Collection Agency Phone Disconnected? |
| I have a medical collections account from 2002. Today I tried to call the collection agency to set up a pay for deletion agreement. The phone number is disconnected. I tried to google the company but ... |
|
 Question about overdraft fees on checking account? Please help answer? |
| I was told that I didn't have enough money in my checking account by my bank, but before I knew this, I used my card to purchase things. I looked at my statment, and I spent 4 dollars on ... |
|
 Does Anyone know about pass due bills, what I mean is I heard after 7 years they are cleared, is it true? |
| I'am asking for a friend, she's a big fan of Susie Ormen I think that's her name she's a Financal adviser, well I just want to know is it true.... |
|
| Is this a violation of the Fair Debt Collection Practices Act? |
| I made arrangements with a debt collector to pay off a balance in 3 monthly installments. The arrangement was sent to me in writing by fax. All payments were to be taken out of my checking account ... |
|
 How do i get a credit card? |
| how do i get a credit card like mastercard visa and ... |
|
 Crdit report? |
| Where can I get a copy of my credit report on line that is really FREE?????... |
|
|  |
rascal | Why is it that once a statute of limitations runs on credit, that it can still show up on credit report? |
Since they can no longer legally prove the debt, shouldn't it then be considered invalid? |
 |
 
bdancer222
|
Your credit report is a history of how you manage your credit. Derogatory items stay for 7-1/2 years from the date of first deficiency.
The Statute of Limitations (SOL) is the timeframe to bring lawsuit. The two are completely different things.
In any case, even if a debt is beyond the SOL and the reporting period, collectors can still try to collect the debt. They can't re-age the debt back on your credit file and probably wouldn't win in court, but they can still hound you for payment. |
|
latebreakfast
 |
The Statute of Limitations pertains to how long they have to collect/sue you for the debt.
Find your SOL here:
http://www.creditinfocenter.com/rebuild/statuteLimitations.shtml
The time a negative can be reported on your credit reports is 7 years, even if you pay it. Once it's negative, it's very hard to come off your report.
You could try to bargain with a "pay to delete" agreement. |
|
Crazyjester9
|
Late breakfast is correct. The SOL and the 7 year reporting period are totally seperate.
And Private, to get a lien they would need to have sued and won a judgement. |
|
Rich Z
 |
There are collection agencies that try to reopen your credit problems after they bought the rights of collection from the original holder. They realize that if they can scare or trick you into paying anything (or even just getting into a conversation of the subject) then they can consider the debt to be a new one and try to squeeze more out of you on that expired debt.
If you know the statute has run out don't even answer those "vampire" debt collectors. |
|
xwolfmanx1
 |
Rascal the SOL has nothing to do with your actual credit report. If you actually pay the debt and are an amateur at this it will be re reported for another 7 years also.
I own a debt/credit consultation business. If you would like some free advice or for me to look into your situation a bit more give me an email at
agdconsult@gmail.com.
I am always willing to help and give a bit of advice since this is what i do for a living
My name is Aaron |
|
Trickle-Up Economist
|
just Google "statute of limitations on bad credit" and visit some sites...I went to the very first one.
Essentially, the companies have a certain amount of time to try to collect, which varies by state! If they decide to sue you, and they renew their suit against you within the limits set by the state in which the debt was incurred, they have a case against you FOREVER, it seems.
They can 'prove' their debt forever, because they have a 'paper trail' that proves it.
And it's a 'lien,' not a 'lean.'
Check out some sites and inform yourself. You can also get consumer information about credit concerns from your state's Attorney General office, since the credit card, bank and other creditors/companies have to follow State rules.
You should also learn how to handle any phone calls or letters from creditors and collection agencies: they can't call you early in the morning or late at night, they can't call you at work IF your employer doesn't allow you to be receive calls at work; they can't tell your neighbors, co-workers, et al, about your debts, etc. |
|
Jennifer
|
Hi,
I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
http://yatuc.com/bid |
|
private
 |
They probably already have a "lean" on your house, so when
you go to sell it, they get they're money first.
There is no statute of limitations on that lean, and there is the
"interest." <}:-}) |
|
Ted
|
The statute of limitations limits how long they have to file suit. If they haven't sued you, that's their decision. It doesn't mean you don't owe the money and aren't a deadbeat. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 25 minutes(s) ago
| | | |
9 | 32 minutes(s) ago
| | | |
9 | 57 minutes(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
9 | 6 hour(s) ago
| | | |
8 | 9 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
