 What would u do if u didnt have any money and u r in negative 2000$ balance in ur bak account? |
| i have no money on me....am gona get my paycheck pritty soon, but i m in negative $2000 in my bank account....please suggest me something i m really stressed out! ... |
|
 I am moving from Ireland to London, what do i need to get a bank account? |
| I do not have a job yet nor do i have anything with an address on it, will this be a major problem?... |
|
 I am 21 with two children and in 12,000 pounds worth of debt what can i do? |
i am in debt of around 12000 pounds.
i have not put my bills with a debt company were they will pay off my creditors,i pay them 100 pounds per month.
but i cant seem to shake of the house ... |
|
 Can i get a loan against stocks i owe?, im planning wedding, would hate to sell stock on uptrend? |
| can i get a loan against stocks i owe?, im planning wedding, would hate to sell stock on uptrend, or say i have stocks not doing so well now.. which will rebound in a year or so. T... |
|
 Name your price? |
| Do you believe that everyone has their price? What's yours?... |
|
 How poor do i need to be to be entitled to a council house? |
| I'm 27 and i live alone. Have no family and earn 14k. Any chance?... |
|
 I'm 13 and need money so what can I do? |
| My mom is in nursing school right now so we are kinda stuggling with money so I cant do any work around my house for money. But I'm saving up for 7th grade school shopping and need some money. W... |
|
 I get the bills for sons (13yrs old) stay in jail. $23 a day for the last 2 1/2 years. Is there anyHelp to pay |
| The county charges me $23 a day which seems small but when adding it up over the last 2 1/2 years, I will be paying/billed over 20,000. Is there any assistance out there? I have already made good ... |
|
 Working MONEY? |
| Hey i am 17 know and i have been working during the summer holiday iget £75.00 a week for 16 hour is that good or do i need to find my self a new job.... |
|
 Money Problems? |
| I have a friend who has $50 bucks and does not know what to spend it on. ANy ideas?... |
|
 Why do people get into debt? |
| What can be done to solve the problemo?... |
|
 I need money fast!!!!! HOW??!?!?!? |
| I need to raise money fast for a my chemical romance concert. I need to get about 200 dollars so i can get good seats for me, my friend and my mom :]. PLEASE HELP ME! i need to raise ALOT of money...... |
|
 What was the brokest you have ever been? |
| I am at my lowest right now, i had to file bankruptcy, and lose almost everything, i now have a whole 30.00 too my name. the worst it has ever been is now.... |
|
 Is it a bad idea to cancel a credit card after you pay off the balance? |
| I have four credit cards and someone told me that if I cancel one after paying it off, it would hurt my credit score. Just wondering if that was true.... |
|
|  |
Ams | Help! This is hurting my credit! Should I pay it or am I being taken advantage of?!? |
When I was 18 (5 years ago) I got a used car out on a loan. The car ended up having a lot of mechanical problems with it, too much for an 18 year old to afford on a part time job that paid $7/hr...So I did what any 18 year old who wasnt educated on credit would do, I voluntarily had them repossess the car 6 months after the loan was taken out. The loan ended with me owing $2700, a couple years went by and now they say I owe $3500. I refuse to pay them out of stubborness even if it is hurting my credit. Now 5 years later, they say I owe almost $8,000! How can that be true?! Don't I have a statute of limitations? I live in Utah btw. How can they keep renewing the amount I owe and increasing it by that much in so little time? Do I not have any rights in this?! Its the only debt I owe, nothing else is on my credit, so I'm very upset by them, first by taking advantage of an 18 year old selling them a lemon then sueing me for $8000!?! Help! What can I do???? Oh and the orginal loan of $3500 is on my credit as well as their new agency that is sueing me for almost $8000 so it looks like I owe $11,000! Help!
Additional Details
The only contact info I have is their PO BOX, no phone number, so how do I find out what I owe exactly? |
 |
 
katherine
|
Heavens I love you people wanting to know your rights, what about the rights of the company you owed money to who gave you credit in good faith?
Anyway the amount keeps going up because of your "STUBBORNESS" in paying them what you owed plus added interest and fees.
Check your state's SOL for COLLECTIONS. |
|
src50
|
You had two chances to take care of it - at $2700 and $3500 - but you didn't. Youth doesn't excuse everthing. |
|
Dr. Newt Peabody
 |
Sounds like another deadbeat trying to find someone else to blame.
Suck it up and pay. |
|
Sigi H
|
The reason is compounded interest - that is they charge you 2% each month on the accumulated balance owing. The interest you are charged with comes to 24% a year.......
Suppose you owe $10000. The first month it would climb to $10200. The next month they charge you another 2% on $10200 which comes to $10404 if I am correct. You see that it does not take long to multiply the original amount you originally borrowed. You should have read the fine print first before signing the papers!!! |
|
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://CreditSolution01.notlong.com |
|
Softball Mom
 |
The reason the amount keeps going up is probably due to interest accruing. Now there is a collection agency involved and if they sue you and get a judgment, there will be attorney fees and court costs. The longer you wait to pay it, the bigger it is going to get. Your best bet would be to try and work out a settlement. If most of the amount is now interest, they may be willing to write some of it off in order to get the debt paid. It couldn't hurt to ask. |
|
gazingatmars
 |
Call the collection agency. They should settle on a lower price if you agree to make a payment and start a payment schedule for the rest. Call them and agree on a price and a payment schedule.
I was young and made bad financial decisions because I didn't know any better too... Unfortunately you have to pay the price anyway. Good Luck. |
|
Sprout
|
Best thing to do is to have all your documents available regarding this issue. Since you seem to be in constant contact with these creditors they should be able to provide you with their supporting evidence. Most likely they have added fees and interest to your debt and service charges (for the last 5 years servicing this account) plus the costs to make repairs to the vehicle so they can sell it.
As everyone else has said get some legal help or consult with a non-profit finance firm. If you still believe you are being taken advantage of write to your Utah State consumer affairs and Attorney General.
all the best
-Sprout
www.baconvsprout.com |
|
funketybucket says H-eye!
 |
Interest sucks huh, should have just paid them the 2700 when you were younger...you can probably work out a deal where they'll cut some of the interest off...otherwise you're stuck with it. |
|
I heart you!
 |
I would do one of two things.
1. Call and find out exactly what all of those charges are, and/or
2. Get a lawyer. When you go to collections there is usually no interest on the amount.
Either way you should really get it off your credit record.
I'm sorry love! |
|
Cindy T
|
Get an Attorney that can help you. They can sometimes get the person you owe money to to take less then what they are suing for. Good luck. |
|
mustanger
 |
You need a lawyer who specializes in credit rip offs. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 2 minutes(s) ago
| | | |
1 | 26 minutes(s) ago
| | | |
11 | 28 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
6 | 4 hour(s) ago
| | | |
12 | 8 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
12 | 3 day(s) ago
| | | |
12 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
