Credit - December 2006

It sounds like the collector is the only winner. Is this true? Does the original creditor just lose the money completely if the debtor pays off the collector who purchased their account for pennies?

2006-12-14 12:18:56 · 8 answers · asked by Anonymous

2006-12-14 11:17:42 · 9 answers · asked by ELLE 1

Does anyone know if corporate credit cards report on personal credit. I have a corporation and I'm building corporate credit and would like to know af any cards that report on my personal credit profile.

2006-12-14 11:14:06 · 4 answers · asked by marcus w 1

i know you have to pay the money back to the bank

2006-12-14 11:10:42 · 4 answers · asked by vita w 1

2006-12-14 10:50:27 · 6 answers · asked by nikki 1

Why is property tax higher in some areas than others? Is it computed in the total cost of the house?

2006-12-14 10:41:38 · 5 answers · asked by lovelyeyes 1

any other point dings - specific numbers that would decrease a credit score? I purchased a house three months ago with an A+ credit score and last week tried to take out a small loan for a boat and they won't touch me because my credit score has dropped nearly 100 points. How many points, specifically are taken off? I'm leary to check my credit score AGAIN, because I know that my score will be affected....

2006-12-14 10:27:49 · 12 answers · asked by Tanya T 1

Do I have to have good credit to be approved for one? How do they work?

2006-12-14 10:17:41 · 3 answers · asked by missadrian05 2

I have been paying a debt of at £20 a month as that is all I can afford at the moment,I'm registered as disabled and unable to work,but they say this isnt enough, even though its been fine for five months,now they are saying that if I dont pay more they will take further action and also add interest,what can I do? I have said to them if I have any spare money i will pay extra,but they wont listen!

2006-12-14 10:07:36 · 16 answers · asked by shell.7. 2

Okay-Please no rude answers as you dont know the whole story of how this happened-Im 20 yrs old i ended up getting into about $13,000 dollars of credit card debt (after an emergency medical surgery) and also that is after like $2000 of interest. I wasnt able to pay on the bills and cant make the minimum payments. I have been out of the house for almost 2 years and one creditor is saying that they will get my parents in trouble they even call thier house.....but i dont understand how they can......the only thing they co-signed for is my car loan. And it is current...never late...so how can they getmoney from my parents when i dont live with them and financially other than my car(which im turning over to them and taking my name off of it) how could they get in trouble???
Thank you for those that are helpful!

2006-12-14 09:37:35 · 15 answers · asked by Anonymous

I have alot of debt in collections, they say their going to file a lawsuit, havent yet, has anyone been taken to court by collection agency? if so how much did you owe?what happened?

2006-12-14 09:27:14 · 4 answers · asked by paula_5150 3

If you have been sent a letter from a collection agency NEVER speak to these bottom feeders. ALWAYS keep everything in writing. When they contact you by phone tell them to contact in writing then hang up. When they contact you in writing, then stand up for your rights...and WE have rights under the law that these scum bags don't want you to know about. The FCRA Fair Credit Report Act is to protect us from these wolves. Learn how to fight these scums by going to whchat.com or creditboards.com. You need to know the law because collection agencies are looking out for themselves not YOU. They are liars and they will tell you anything to get money from you. Know the SOL in your State...on most credit card debt it's 4 years...that means your State protects you from being sued. Also you can sue Collection companies...it happens everyday.

Did you know this?

2006-12-14 09:25:46 · 5 answers · asked by Anonymous

I heard the government will pay for my medical bills, is this true? If not, how can I get medical bills off my credit score?

2006-12-14 09:02:00 · 2 answers · asked by Still Standing 4

I am personally liable for my corporate card, and obtaining it was based on my personal credit, but they say it is policy (not in writing) to not report accounts in good standing, only those 180 days or more delinquent.

2006-12-14 08:14:52 · 4 answers · asked by Jam 2

On an unsecured revolving credit card debt. Agency has not yet filed law suit.

2006-12-14 07:52:43 · 5 answers · asked by Shaggy 3

What should you do if you suspect your identity has been stolen? I called Victoria's Secret and they are telling me that I owe over $500 and that they have an address for me in North Carolina (which i don't) I don't know what to do.

2006-12-14 07:46:38 · 4 answers · asked by tania622 2

interested in student credit cards

2006-12-14 07:25:05 · 12 answers · asked by jrebel424 1

I've been divorced for a few years now and have never even attempted to learn or know what is on my credit. I do know that I've never owned a credit card and have no desire to. And I have had a few medical collections that I wasn't able to pay on time. (Even though I was making payments.) Other than that my exhusband was in charge of our finances and I'm not certain what could be on my credit. Today I purchased a cell phone and plan (all on my own... :) I'm very proud) and they told me there was no deposit required and that my credit score came back as "Class C". Can someone please explain to me what that means? I appreciate your time and kindness. Thanks!

2006-12-14 07:20:23 · 3 answers · asked by Anonymous

Never notified us. until we had to call 2 months later

2006-12-14 07:17:56 · 2 answers · asked by DEREK O 1

My husband and I are into our second year of Chapter 13 bankruptcy. It's been hard for us but we are managing. Not having to worry about foreclosure and bill collectors is such a relief. Of course, if we want to purchase anything, we have to save for it. I would just like to chat with folks who have been through this.

2006-12-14 06:59:22 · 2 answers · asked by caluchar50 1

Evaluationg loan credit applications. Evaluate financial conditions and credit worthiness of prospects.

2006-12-14 06:56:34 · 6 answers · asked by jcescobar_80 1

her name and mine are the same except for the middle initial
her s.s number and mine are identical except the last number so
mine comes up first.
my credit report has my s.s number with her birthdate listed as mine.
her addresses appear as mine,even her spouse
its driving me crazy.
my credit score is extremely low because of all this
the credit bureau has corrected some of the items but the collection agencies have been very rude.
in your oppinion who do you think is making these mistakes.
who should i hold accountable and who should i go to for help dealing with this mess.
these are utility,cable,phone and mostly medical bills
this is very serious i only need serious answers

2006-12-14 06:43:10 · 6 answers · asked by ibex 1

if the bank loses money when they auction it or sell it. Also what if I file bankruptcy then foreclose? I want a fresh start, what is the best way? I know my credit will be ruined, but for how long exactly and is credit even that big of a deal? I'm 27 and hope to be back on track by 30 or 31, is this possible? Any suggestions or comments or advice please?

2006-12-14 06:38:54 · 5 answers · asked by Anonymous

2006-12-14 06:21:35 · 8 answers · asked by qwertyuiopasdfghjkl 1

I bought something off of ebay and paid for it through my PayPal account. I see where it gives me my statement, but I don't see anywhere to pay my account. Can you explain this to me?

2006-12-14 06:17:49 · 5 answers · asked by Anonymous

my husband got hurt 2 months ago.he runs a very small sesonal bussiness. we have 5 teen boys and we are behind on all bills. we have no credit so asking for a loan is out of the qustion. we are about to be forecloused on our house and the equipment my husband needs for his bussiness is going to be repoed. we have one truck ,do to my husbands beening burnt to the ground and again NO Credit!( That too will be Repoed) I have tryed places that help with creitors for a fee and we can not even affored them. I work ,but what I bring home is not even enough to put gas in the truck to get home. My husband is three years behind in company taxes and I worry about him going to jail. This house is my home place were I grow up. Nothing matters to me, but this house. They can take every thing else, but at least leave me the house. The boys can not help. Three of them just started their own lives and the other two are still under age.Please .... if there is someone that can help some how ,let me know

2006-12-14 06:16:50 · 4 answers · asked by charleen c 1

2006-12-14 06:02:55 · 4 answers · asked by BLB 1

I am only 20 and I feel as if I have bad credit. I have taken out six credit cards to help my mother pays bills when she went broke and I have not paid my bills for 6 months and I was wondering if I should file bankruptcy. About 7 months ago my credit score was 640, now I'm not sure. I have heard that you can file bankruptcy and still even drive a brand new car and get financed. At the same time, I heard that if you don't pay any of your debts they will just fall off of your credit report after 7 years. Are either of these true?? Any advice??? HELP PLEASE!!!!!!!!!!

2006-12-14 05:51:19 · 6 answers · asked by Anonymous

2006-12-14 04:59:19 · 7 answers · asked by billymuston29 1

2006-12-14 04:56:49 · 3 answers · asked by sweetgurl 1