 How to make money in a couple days!!!? |
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in 13!!!!!!!!!!!!!... |
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 I currently have 8 open credit card accounts most with a 0.00 balance. Should I close them? |
| I was told closing them would hurt my credit score but I also heard that too many open accounts counts against my credit score. I am confused. What should I do? Open or close?... |
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 PLEASE HELP MY DAUGHTER Who is Seriously ill? |
I need to collect money for my daughte she suffereing serious health problem. I am asking for charity donation.
Please help me, I need to collect Rs 500000 lac for my daughter. Please give your ... |
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| Who knows how to make money from nothing? |
| Nothing means no equity, no products, no friends, no enemies, no location, nothing, no not anything else...except me myself and I... |
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 What should i do with my money? |
| i have 144 bucks and i dont know what to do with it. im NOT going to give it to yoyu so don't bother trying to ask.... |
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 My debit card got charged twice for the same purchase?!@$%!!? |
I made a purchase on my debit card the other day, $145. the debit machine was not working properly and it said error twice. Finally they ran it as credit and it went through.
When I got ... |
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 What are some ligt way to make fast money online? |
| Im trying to find a way to make extra money online btu I cant seem to find a liget place. Can some one help me find one please.... |
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 I have 250k in the bank. What is the easiest and fastest way to triple this amount without losing any.? |
| ok this is the deal. I earn abt 1000 per month intrest. What is the safest way to invest this money, cds, mutual fund etc.... |
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 Is there anyone out there that can help me get back on my feet financially? |
| I recently was scamed for $1000.00 from some individuals in the UK. I didn't use my better judgment & not realizing if you have to pay to get a loan, something is wrong. I need help & I... |
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 I put £30 into a deposit account in 1969 and forgot about it. The bank says that Im not entitled to the money |
| They say that as the account was not used for over two years it is classed as redundunt and therefore closed. Is this correct or am I entitled to my money and any interest it may have accrued?... |
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 Bank penalty charges ?????????????????????? |
| have just sent off 1st letter how long do the banks take to respond what are the chances of getting my money back several ... |
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 How do people that finance homes make money? |
| When someone finances a home for someone.... how does the financer make money?... |
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| Someone deposited over 4500 into my bank account..right account # but wrong routing #?can I keep it ? |
| the funds were deposited last friday and a hold was put on them yesterday..but mysteriously, the hold was lifted today and it is again avialable for withdrawal..I planned on saying nothing, waiting 3 ... |
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 When the going gets tough....what will be your action plan? |
When you are facing mounting finacial burden of day to day life?
whom will you think can help you out?
friends,family,parents, or some B... |
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 Should i co-sign , or not? |
| my father is looking to refinance his home loan and has asked me to co sign with him, so as to help him get a better rate. Apparantly he is having a hard time getting a fixed rate without a cosigner..... |
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Jody T | Do I still need to pay it the debt was defaulted 6 years ago? |
When I was younger I stupidly got a loan with my boyfriend and then I had lost my job and could no longer pay it. It was defaulted and heard nothing more about it But had baby with my fiance and we are planning to buy a house checked my credit file and it will have been 6 years on the 17th Nove 08 sincedefaultedd but I haverecentlyyreceivedd a letter from the debt company to pay it, do I still need to pay it as I can't afford it at the mo, Am getting very worried about it, Do i pay it or ignore it??!! |
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iffihadahammer
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This applies to England and Wales. Different rules apply in Scotland and Northern Ireland.
If it was defaulted six or more years ago it may well be 'statute barred', meaning that it can no longer be enforced through the county court system. It will be statute barred if six years went by and a) you didn't make any payments b) you didn't acknowledge in writing that you owe the debt and c) the creditor has not got a County Court Judgment against you. It makes no difference whether the creditor has tried to contact you or not. If you made any payments or acknowledged the debt within the 6 year period the clock would restart at that point. But if it ever goes *past* six years it will always be statute barred. If you are close to the six years you should be careful about writing to the creditor or collection agency or you may inadvertently acknowledge the debt and restart the clock.
If you notify a creditor that a debt is statute barred it THEIR responsibility to show that it isn't. They would need to do this to get access to a County Court Judgment.
See the website www.nationaldebtline.co.uk for a fact sheet that sets out the rules in more detail and has a sample letter you can use to write to a creditor informing them that the debt is statute barred. If it turns out that the debt isn't statute barred for any reason, you can get advice on dealing with it from the same site. |
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Lucy P
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If it has been at least 6 years and a day since you defaulted, no. You don't have to pay it off. Ignore it. If they send a second letter, I'd suggest you go to your local Citizens Advice Bureau and ask them for advice. |
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Mrs Bond
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the limitations act says that if it is 6 years from last payment/default then u need to pay nowt |
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ANF
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The debt will stay with you for ever. Do not ignore the letter you have received as you could have a visit from Bailiffs to secure belongings to the value of the debt. Write to them and explain your difficulties and make them a reasonable offer to pay back at monthly instalments. They might negotiate on your offer but they wil be happy that you have made the first move. Clear the debt as it will have an impact on your ability to get credit for a long time. Be straight, be honest and come clean. You will be all the happier for it. |
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dloverise
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Never ignore letters from debt (loan) companies - worst thing you can do.
Defaulting on the loan means that you don't have to pay back interest - I believe that your debt is wiped from your credit rating after 7 years...contact National debt line..they give great advise on this kind of thing.
You will have to pay back this debt sooner or later.
good luck |
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Maldavi
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Take a look at the letter you recently received from the company trying to collect the debt. Odds are it's not from the same company that you took out the original loan from. The original company has since written off the loan from their own books and sold it to another company for a small percentage of the original amount.
Depending on how the credit reporting agencies work where you are, the bad info from the original default will eventually be purged from your record (It's 7 years after the last activity in the US). You entered into an agreement with the first company. If they've passed it off to someone else then you have no moral obligation to the second (or third, etc.) company, from my own point of view. |
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twnmsk
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Debt is wiped off your credit after 7 years. So being it hasn't been 7 years yet your still obligated to pay, unless you give it another year. Are both you and your boyfriend on the loan as the signer and co-signer? Are you the signer and the ex- is the co-signer? Not that it really makes a difference because both of you are on the loan both of you are obligated to pay, but if you were the co-signer it sounds like they can not find him. I would force them to go after him by giving them his information if your able to provide any of that.
Ignoring it is your option, obviously the debt is not large enough to file suit against you to collect the debt. I would suggest talking with them to see if you can have the monthly payments lowered, if your able to afford to purchase a home and pay a monthly mortgage (which could be anywhere to $800 or more) then that tells me you can afford monthly payment to pay them off. I would suggest you work on paying them off with a certain time period and then work on getting your home. |
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DF
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Speak to your local Citizen's Advice Bureau, there is a statutory limit on debts, if it was more than 6 years of NO contact from the people you owe, you may be able to write it off.
It might be 9 years though and you'd have to prove there's been no attempt by them to recover the money in that time, and that you hadn't made any payment either. |
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kinky
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yes |
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daxica
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well if you don't pay them I expect they'll black your credit but if you can live with that then don't pay.| always thought debts were wiped after so long but I suppose it depends upon the agreement.How about returning it with this person no longer lives at this address or something. lol |
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deja1436
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It is possible this loan could not be enforced in court so you would be able to write it off. Get help at the website. |
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