Credit - August 2006

I have heard that you as a consumer can negotiate with credit card companies to reduce interest rate so that you can get them paid off. How do I go about that?

2006-08-16 07:39:55 · 15 answers · asked by AquaAngel 1

2006-08-16 06:21:19 · 6 answers · asked by Anonymous

I NEED ONE TO GO BUY A WEBSITE YUP. O DO U NEED 2 BE A CERTAIN AGE?

2006-08-16 05:47:39 · 8 answers · asked by Anonymous

Anyone know where I can get one easily.

2006-08-16 05:35:34 · 6 answers · asked by dahamu_626 1

I'm a small business owner owed $10,000 by a publicly listed company. I provided consulting services; they billled and collected for these services. The debt is still fresh at 60 days outstanding.
Reviewing their Annual/Qrtly & 10-K reports shows they have serious financial problems including owing the IRS, Medical Providers for their self insured employee Health plan and other creditors. The IRS has temporarily subordinated outstanding debt to this company's Senior Creditors thereby permitting them to remain a going concern(for now).
GIven this scenario and many letters, emails and phone calls to the CEO who makes it seem like I may get paid any day, just not today.
What are the pros/cons and possible/likely of hiring a lawyer to pursue this out of state debt versus hiring a collection agency? How do collection agencies price their services? Will they buy the receivables from me at a discount or rather negotiate a % of collected amount. Overall recommendations?

2006-08-16 05:13:56 · 9 answers · asked by Need2Know 1

We started a program with "Consumer Credit Counselors" This progarm has us pay the Consumer Credit Counselors, then they pay the credit cards every month. All they do is lower some of the interest rates. They don't negotiate amount owed. The payments are too high for us, so we looked into other alternatives. We found one company that will do it differently for less. They have you pay into an escrow account, and they pay off each credit card individually. They say they negotiate lower balances and interest rates. The payment would be lower and the payoff time cut in half. Does anyone know of any reason we shouldn't do this? Are there any other better ways? WHAT IS THE BEST WAY TO GET CONSUMER DEBT RELIEF with no loans?

2006-08-16 05:02:29 · 5 answers · asked by Anonymous

I have money order receipts, car insurance receipts, pay stubs that are 7 years old, parking ticket violations (That I've paid, thank you.) and old bank statements. What do I keep and what do I toss?

2006-08-16 04:59:02 · 10 answers · asked by ELDreamer81 2

is there a web site that can give credit ratings.

2006-08-16 04:54:39 · 17 answers · asked by jlb 5

I need contact for a initiative chocolate's industry. Please, help me;

2006-08-16 04:14:08 · 1 answers · asked by snoff d'affaires 1

NEED PERSONAL LOAN,SUBPRIME ANY IDEAS

2006-08-16 03:58:20 · 5 answers · asked by Anonymous

I have a credit card account that has a high blance that is over the credit limit, but the CURRENT balance is well below the limit. Is that still damaging to my credit score. Will the high balance ever change? How can I correct it?

2006-08-16 03:36:53 · 7 answers · asked by AquaAngel 1

I have some credit card accounts I would like to pay off and close for good. I have heard that this could have a negative impact on my credit. Is that true? If so, what is the best way to eliminate some this credit cards?

2006-08-16 03:33:26 · 17 answers · asked by thomasca125 2

2006-08-16 03:32:18 · 15 answers · asked by Anonymous

2006-08-16 03:01:49 · 8 answers · asked by lia_143 1

I've been having financail problems which enables me to pay my credit card bill so I'm am looking for a credit card company that will put all my credit cards all together into one single bill and not charge me as much interest.

2006-08-16 02:53:59 · 9 answers · asked by azul 1

will the bank - MBNA change the status to active?

2006-08-16 02:12:56 · 2 answers · asked by sunshine00 1

Some company just called me regarding my Credit Card that I havent made payments to in forever. I think at this point, it was a legal firm, not a collection agency. They said they were going to recommend I go to court. What happens next????? I'm scared. What can I do?

2006-08-16 02:05:38 · 15 answers · asked by PersianPrincess 1

With out having a credit card becouse I really don't want one of those things.

2006-08-16 01:43:07 · 7 answers · asked by unique 1

I know it will ruin my credit report but i dont intend to come back to Canada. The bank does not have branch to the country where i am going.

2006-08-16 01:10:43 · 9 answers · asked by Anonymous

I am a 20-yr old student, halfway through college. When I began college, I recieved all of those "college" credit card offers mailed to my house. I made the mistake of not cutting up the cards and just threw them away and now someone in my family has used the cards to rack up between $15,000-$20,000 of debt in my name. I do not wish to press charges on them since they are in my family, and my creditors have told me that is the only way I can claim "fraud" on the accounts.

Now I have 4 credit cards in my name that are 6 months or more overdue in payments and I only work part-time at a daycare since I am in school. My parents/relatives will not loan me the money, nor can I drop out of school to work full-time. Creditors are calling me day and night and I just do not have the money to pay off this huge debt. What is my best option? Credit counseling? Debt Management? Bancruptcy? I know there is no "ideal" option but what can I do that would cause the least harm to my credit & future?

2006-08-16 01:00:05 · 8 answers · asked by allielivez 2

My boyfriend moved from the US to Canada 2 years ago. He paid his credit cards for the first year he lived here but now can't afford it and so has stopped paying them. He owes about US $32,000. Can US banks/credit card co's come after him in Canada? Is there some kind of reciprocal agreement between Canada and the US? If he returns to the US with me to visit my family could he be caught? Is there some kind of statute of limitations where the CC companies can no longer collect, say after 7 years as with bankrupcty? The CC co's have his address here in Canada since he was paying his bills but now there's just no way he can and he's thinking about never paying them. Thanks for your help!

2006-08-15 19:58:21 · 5 answers · asked by bookgirl 1

I just got turned down for a loan on a ATV.. I'm just wonding what the hell I have to do to get a loan. Last I checked my credit score was in the 700's and I have been making payments on a car on time every time for over 2 years now. I don't have a high paying job, $10 an hour, but I have had it over a year and have lived in the same place for over 6 years. I've not been unemployed since I was in Highschool 17 years ago. I rent an apartment. What is it really that loan companies look for? and what do I need to do to start being approved for them? (if you really don't know, please don't answer, only serious real answers please [I will give a negative vote for all the stupid answers]) I am very fustrated..

2006-08-15 19:55:12 · 8 answers · asked by LokoLobo 6

2006-08-15 18:39:57 · 6 answers · asked by KI 3

2006-08-15 17:17:24 · 7 answers · asked by Anonymous

2006-08-15 16:58:49 · 6 answers · asked by mary r 1

If i hear correctly you do not get credit until your 18 am i right? also how much credit do you start off with? is it really bad credit that you have to build up, or is it good credit, or perfect credit? please explain in detail!

2006-08-15 16:05:59 · 9 answers · asked by sugar_kitty 2

I am thinking about opening HSBC direct savings account online and just wondering if they do credit check/affect on my FICO credit score?
After opening my account would I see credit inquiry in my credit report?

Thanks.

2006-08-15 15:55:26 · 6 answers · asked by __HELLO__ 2

2006-08-15 15:33:45 · 2 answers · asked by pamens88 1

2006-08-15 15:31:46 · 11 answers · asked by jenningshorace 1

At least it seems like I have only been getting them if I don't make a payment, and I called today (15 Aug 06) and received a message that I didn't have a payment due. It would normally be due in about ten days from now. What are the new laws?

2006-08-15 15:16:07 · 9 answers · asked by rsdesautel 1