Credit - November 2006

I mailed a certified letter, with signature request, asking for proof of the inflated fees a collector has added to my original debt within the 30 day period. The collector did not respond, so I sent another certified letter a month later. Two days after my last letter, I received a letter from the collector, saying they have NOT heard from me, and will place the information on my credit report in 15 days if they don't hear from me. Liars! Also, this has been on my report before I received their 1st letter, so I don't see the point of them writing to tell me that.

I have not called them, and they do not have my number. I don't want to speak with them until I have verification in my hand so that I know what I'm discussing. Everything has been by mail.

The original account was for $5000, with the original creditor. 30 days after the collector gets it, the amount is inflated to over $11,000 and they continue to add $110 extra each month. What can I do at this point?

2006-11-10 23:47:02 · 6 answers · asked by Anonymous

I mean which one has more advantages and less disadvantages?

2006-11-10 21:15:47 · 3 answers · asked by stefano7000 1

2006-11-10 16:45:42 · 2 answers · asked by Cynthia C 1

2006-11-10 15:48:01 · 6 answers · asked by Roderick C 1

2006-11-10 14:43:56 · 16 answers · asked by Anonymous

Given the fact that a charged off credit card account stays on a credit report for 7 years, should a debtor make attempts to pay off the debt sometime soon thereafter the official charge-off in good faith when he/she has their finances in order and is ready to pay, or just simply ignore the charge-off forever since it's on record for those miserable 7 years?

2006-11-10 14:34:37 · 10 answers · asked by Roderick C 1

One of my friends in Taiwan, she was lied by a guy in United States and wire transferred him 6000 dollars few days ago. Now she felt regret and would like to get her money back. As her friend in New York, what I can do for her??? Can i ask collector to help her out? or I should call that bank for help? anyone could give me suggestion?

2006-11-10 14:11:33 · 9 answers · asked by Anonymous

Since most consumers have an average credit card debt less than $3000 (for ONE credit card each), would a collection agency actually go through all this effort to garnish a debtor's paycheck when the debtor may have other bills to pay which may total thousands of dollars? Also, if it takes months to get a court hearing set up between the plaintiff and the defendant, isn't there a strong chance that the debt owed to the collection agency could already be paid down by the time the court hearing takes place? In other words, the credit card debt would be at a lesser amount than the initial amount that was first presented to court by the collection agency.

2006-11-10 14:09:37 · 11 answers · asked by Roderick C 1

Not good credit, no saftey net, two young kids, want to buy a house. What steps do I take, where do I start

2006-11-10 13:51:54 · 11 answers · asked by lizzysmalls4114 1

I just wanted to know if anyone has called and if they have gotten the help to pay all their dept. One thing that get me confussed if how is it that they pay for your example: $6,500.00 dept and you only pay them back like about $4,355.00 and something? So what's the catch? I'm just so confussed. PLz can some one really tell me their experiences. Or this really works. Thanks A LOT!!!

2006-11-10 13:30:00 · 3 answers · asked by Maria 1

My roommate's bank account got messed up with pending deposits and so our rent payment check bounced... we have the money to pay it (and the late fees) a week late, but the leasers have already left a notice on my door that said pay-in-3-days-or-be-evicted (etc.)... has my credit been hurt by the bounced check since both of our names are on the lease?

2006-11-10 11:53:44 · 12 answers · asked by phimu1223 2

do anyone know a good prepaid card i can get that helps you build your credit back up?

2006-11-10 11:02:28 · 4 answers · asked by mrsp27 2

I have gift money orders of 500$ each money order totalling in 3000 do you think they are real

2006-11-10 11:01:28 · 1 answers · asked by mr.chris22 1

My boyfriend is trying to buy a house and I was wondering if anyone can answer a question for me. If we get married, and he then buys a house, but just in his name, will they still run my credit?
Thanks!

2006-11-10 10:58:02 · 4 answers · asked by Georgia 1

2006-11-10 10:52:37 · 7 answers · asked by Anonymous

2006-11-10 10:52:36 · 3 answers · asked by Deanne G 1

what kind of jobs prevent you from getting a job if you have bad credit? I'm a finance major but i wanna work in hospital...

2006-11-10 10:11:56 · 10 answers · asked by eelion19 1

How can you stop an automatic checking account debit for a payday loan?

2006-11-10 09:49:01 · 4 answers · asked by Anonymous

I have been told that it is wise for a first time user (college student) to leave a small balance on your credit card to build credit. For instance, I have a $1000.00 limit on a credit card; haven't come close to maxing it out; at most maybe $500.00 at one time. I have paid $450.00 (leaving a $50.00 balance) most months because I heard it was a good idea for someone just starting out to do so; in order to build my credit score. Any opinions? Thanks....

2006-11-10 09:06:56 · 7 answers · asked by Anonymous

I moved out of province, and had to sell everything. A friend of mine agreed to pay for a bedroom suite, in 5 payments. She made 2 payments, and will not answer my calls, or emails. It is not a large amount that she owes me. Yet I feel very jilted. I need all I can get to start my new life. Is there anything I can do??

2006-11-10 09:05:28 · 3 answers · asked by Anonymous

Ok, past credit messed me up. I have a judgement thats almost paid off. I am trying to raise my credit score.I have 3 new accounts that I've paid on time for over 1 year. I read that one way to raise your score is to " piggy back" on a relatives good credit ( have them add me to one of their good accounts and not use it) Is this safe, is it legal. I would love to hear constructive ways to increase my credit score. Please don't judge me. Almost all of my " bad" credit accounts have been paid off. I put my sons first when the divorce came. They lived in the house that I paid for while I lived in a basement.

2006-11-10 08:57:14 · 8 answers · asked by amhjp1820 1

In august I was stupid and took out a payday loan. I had an emergency that caused me to travel out of state. In september when it was due, my husband had to be rushed into the hospital, and I had experienced bad fraud on my bank account. I called the loan place and asked what I could do. I realize that I have a debit that needs to be paid, I just couldn't pay it then. They told me there was nothing to be done. They'd cash the check. I had rent due and everything. So, I paid the bank $30 and put a block payment on the check. I called the loan place and told them that I'm more than willing to make payments on the amount owed. They gave me some outrageous payment plan and told me that they're going to keep on cashing the check. Since then, my spouse has lost his job and we've been having extreme financial difficulty. I check the my account to day and the loan place electronically deposited the check and put in the wrong check # on purpose. Is that legal? Is that fraud?

2006-11-10 08:50:05 · 6 answers · asked by Totalconfusion 1

2006-11-10 08:39:47 · 8 answers · asked by xonikkixo22 1

2006-11-10 08:39:35 · 4 answers · asked by Anonymous

Im applying for a credit card and it asks me that? Do they mean how much i pay for my house or what?? Im confused!

2006-11-10 08:15:15 · 8 answers · asked by Jennifer 2

with a credit score of 434 and a annual salary of 65k and dti of 5%, where would I be able to get a personal loan, not a payday...i have listed on prosper already and just in case that doesn't work would like to be able to have another option.

2006-11-10 07:40:52 · 5 answers · asked by bkny36 1

Would anyone have any information about claiming Bankruptcy now with the new law in effect. My husband and I just seperated and I am unable to keep up with my expenses.
Would they restructure the debt for repayment at a lower payment?

2006-11-10 07:16:03 · 4 answers · asked by shellybear0925 3

I went to to a Credit Union to pay off a $750 balance on a personal note.

The woman said, "we don't take cash."

I said that they have to take cash because it states on the bills "This note is legal tender for ALL DEBTS, public and private."

She said they take checks or money orders, but not US dollars. I found that ludicrious and asked for the manager. He reiterated what the cashier said.

I asked for something in writing that states that I attempted to pay, but they don't take US dollars. He laughed and told me to come back with a money order.

Do I still owe the Credit Union since I attempted to repay a loan that was made in US dollars, but they refuse to accept payment in US dollars?

2006-11-10 05:41:33 · 5 answers · asked by psychosolodiver 6

It's worth to get American Express Gold card? With their $135 yearly fee, it seens alot for a charge card.

2006-11-10 05:20:23 · 5 answers · asked by Wilson 1

2006-11-10 04:47:31 · 5 answers · asked by Brad H 1