Credit - December 2006

Is it better to take out a personal loan and just pay all the old charges and collection accounts off? I'm trying to take care of my bad credit by making monthly minimum payments to creditors to relieve old debts, but I have to wonder if it wouldn't be easier to pay everything off with a loan and make that one monthly payment.

2006-12-27 08:18:24 · 5 answers · asked by Mrs. Vermillion 1

I bought my brother a subscription to a magazine. I got the wrong magazine so I cancelled it, getting most of the amount I originally paid. I just received my credit card bill that shows the credit and it's short four cents. It's only four cents but I still feel like I need to tell someone. What are the proper steps to follow? I couldn't find anything on the magazine's web site. Should I call the company or my credit card company first?

2006-12-27 08:17:32 · 5 answers · asked by penpallermel 6

I had checked my credit reprot and there is a mortage loan on there and i didnt do it. What can i do about it?

2006-12-27 07:59:34 · 3 answers · asked by missprissyky 2

2006-12-27 07:41:58 · 8 answers · asked by Angie B 1

the more credit cards you request the lower your credit score becomes? even if you are not using the credit cards!

2006-12-27 07:18:52 · 7 answers · asked by Jan l 2

I get about 5 of these a day! I rarely even look at my mail anymore and it causes me to miss some important letters. How do I stop these from coming?

2006-12-27 07:18:29 · 9 answers · asked by nitrox420 2

Is a 3A1 good?

2006-12-27 07:13:15 · 1 answers · asked by Richard T 1

I have negative items on my credit: collections, inquiries, and delinquint account I have paid some off but my score doesnt go up and on some off them it went down how do I get these off my credit

2006-12-27 06:40:58 · 11 answers · asked by Anonymous

we went to the lawyer for bankruptsy questions, and we have to wait another yr. any way she said that the 4 yr thng is becouse ppl arent likely going to pay off the debt so after 4 yrs the credit bureau is suppose to take the debt off.. most ppl didnt know that though... it use to b 7 yrs but its 4 now they changed a whole lot of rules and bankruptcy rules last year.. so do any of yall know anything about this?

2006-12-27 06:21:45 · 2 answers · asked by stephanie r 1

I'm not yet behind on any bills, but we just built a new house and our old house hasn't sold yet. I'm trying to find a way to make sure all of my debts are paid on time without defaulting on any loans.

2006-12-27 06:21:12 · 6 answers · asked by Anonymous

I have been paying this collection agency for a year and they have been cashing my checks. Now I get a phone message that I am not paying enough and I need to call them by a cretian date or they will move forward on my case??? I thought as long as you were paying they couldn't do anything to you? I wouldn't be paying if I wasn't going to pay back the debt in full, but I can only pay the amount I have been sending them. Are they just empty threats and should I go on paying like I have been?

2006-12-27 06:03:26 · 8 answers · asked by holly s 1

I HAVE WORKED WITH THIS PARTICULAR COLLECTION AGENCY, BUT THEY REFUSED A 400$ PAYMENT AND A 700$ PAYMENT. NOW I'M BEING GARNISHED FOR 50% OF MY WAGES.

2006-12-27 05:55:52 · 6 answers · asked by ekco24 2

2006-12-27 05:53:55 · 17 answers · asked by shassan95 2

we were broken into while we slept upstair. This follows on from yesterdays question on same subject.
We had all letters, credit/debit cards, 3 cheque books, 2 driving licences, all credit card bills, gas/elec bills, all my company work in a briefcase stolen. Lots of other stuff was taken but my question is about the possibility that now our identity will be cloned.
Of course we have stopped all cheque books and credit/debit cards but what practical steps can we take now to ensure we dont have to put up with being cloned and our credit rating falling through the floor?
It was a very pro job and we are very worried they have so much infomation on us both. Are we liable if bank accounts are set up in our names and large bills are run up?
banks say check accounts each day and report any transactions that we dont think are ours. Is this all we can do surely there is much more?
advise please would be fantastic as we really arn't sure what to do

2006-12-27 05:30:27 · 11 answers · asked by spidermike 2

2006-12-27 05:06:22 · 15 answers · asked by nikki 1

2006-12-27 04:41:04 · 6 answers · asked by way2cool 1

a lawyer told me this and she said it was a new thing!!!

2006-12-27 04:36:21 · 7 answers · asked by stephanie r 1

The company want me to send a cheque for £39.99 and they say the loan is provisional - anyone else come accross this and is it genuine or a rip off ?

2006-12-27 04:23:31 · 11 answers · asked by kidnappedsoviet 1

I have got about 1o k in debt/ credit card, store card overdrafts/ Anyone have idea how to resolve my problem

2006-12-27 04:05:26 · 19 answers · asked by waldy b 1

I need to find out a way to work on drastically improving my credit. I really made a bad decision to get a vehicle about 2 years ago that ended up in a repossession. Along the way of struggling to make the car payment, alot of bills got sent to collections. I paid off my first vehicle, which i used to trade in for a truck because of mechanical issues.
Bottom line is by getting the truck, i miscalcultated the dept/income ratio.
my credit score is very poor. I beleive i owe around 8-9K for the truck still.
I am making payments to everything that is current. I have learned a lesson that you have to earn respect to get a good loan.
However, I want to consolidate all my collections (2 credit cards, 1 personal loan, 1 cell phone, 1 truck repossession) Is there a good company out there that i can talk to? I am military, so i want to clear this up within 5 years cause i want to eventually get a house. I have a respectable job and have held it for a little over 5 years. Thanks!

2006-12-27 04:00:17 · 4 answers · asked by nukem_thebomb 3

2006-12-27 03:34:10 · 4 answers · asked by cindy c 1

there are so many debt consolidation companies out there and i don't want receive so many calls from them. here is mine case.

unsecure credit card debts=us15k
(from credit report, it showed 2 cards are in "collection" but i haven't receive any call/letters yet )
overdraft=us10k.
no house, no car (sold out )
no job for 6 momths.

if i go for debt settlement, how much it can be reduce? how much i need to pay each month and for how many years?

i heard there are 3 options:
1- pay for around 50% and your credit score looks better.
2-pay around 20% but your credit looks terrible bad for many years.
3-file for bankruptcy but your credit will be remain bad for many years (7-10yrs) and you can't get a credit card or have to pay high interest for any loan.


thanks

mike



thanks for advise

2006-12-27 03:26:43 · 4 answers · asked by nechong 1

2006-12-27 02:29:20 · 3 answers · asked by swint brenda 1

I get a lot of emails from Lexington Law Firm and a few other companies to repair my credit but I don't wanna be scammed.

2006-12-27 01:57:19 · 6 answers · asked by Anonymous

2006-12-27 01:31:50 · 11 answers · asked by ravi C 2

I'm looking to get a credit card, and I don't know which one to chose. I'm in my 20s with a college degree and a good job. I'm tired of using my debit card to pay for things. I want a credit cart that will give me something back for spending. I don't care about interest rates since I will be paying it off every month. I'm an economics graduate and don't spend past my means, that and I hate to shop. I only have a limited credit history though. I have had utility bills in my name for 3-4 years, I have a Victoria's Secrect Credit card with little activity (again I hate to shop), and I have a Corporate Credit card in my name (don't know if that helps me or not). I just don't know which one to chose, visa, MC, Capital one, Citi bank. And do I get reward points, cash back, blah blah blah. I don't travel much so I don't need miles or anything, just looking for some way to get something back on what I spend. Any ideas or advice?

2006-12-27 01:17:08 · 3 answers · asked by auequine 4

All these questions about credit cards and the debts they run up. Why not just SAVE for your purchases? Makes sense to me and I have been practicing this for many years.

2006-12-27 01:16:01 · 9 answers · asked by iraqiwildman 2

I owe $37.000 in credit cards. I paid on time until this month. I can not pay my credit cards anymore. I have two houses, one is rented. I am trying to sell that one. If it is sold I could get $30.000. The other one is the house in which I am living. It is not likely that the house will be sold any time soon. I decided to continue paying both mortgages and keep the houses but I can't pay my credit cards if I do so.

I have no idea about what can I do.
What could happen if I sell the house, pocket the money and not pay my credit cards never? I tried debt consolidation. Didn't work.
Maybe I will need to file for bankruptcy and lose both the debt and the house.

2006-12-27 00:55:39 · 12 answers · asked by daniel s 1

I need a relaible card with a high limit, low annual fee, and low APR but that is unsecured? I filed bankruptcy a year ago and want to work on getting my credit score up???

2006-12-27 00:30:42 · 13 answers · asked by ladyluckinor 2

this is for filing taxes. I just want to know if I can without going to all these web sites. Thanks all and have a nice day.

2006-12-27 00:22:35 · 6 answers · asked by Anonymous