Credit - January 2007

Will that be the end of your life?.......I mean I know not literally, but how bad is it? How hard will things get?......Is it really like the end of your life?

How many of you have bad credit?

2007-01-29 07:27:05 · 12 answers · asked by Bibi 5

2007-01-29 07:20:22 · 5 answers · asked by Anonymous

2007-01-29 07:20:12 · 2 answers · asked by Anonymous

My family and I are being faced with the harsh reality of a foreclosure, and we just need to know if just handing it back to them (the bank) would be better in the long run.

2007-01-29 06:49:31 · 5 answers · asked by E 2

I am now in a position where I can pay off the loan in full. If I do this, will I still be paying interest for the entire loan?

2007-01-29 06:42:48 · 6 answers · asked by lefty 4

has anbody dealt with progressive bill collection agency are they the worst excuse for a bill collection agency ?

2007-01-29 06:36:18 · 4 answers · asked by victor m 3

Hello, I am looking for some advice on my current financial situation. I am 27 years old and I make $125K a year. I just barely paid off all of the personal debt that I was in, (auto, CC, student loans, etc). I got engaged to my girlfriend a couple of weeks ago. She unfortunately lost her job shortly after we got engaged. She has personal debt that totals $85k with no rate being higher than 6%. She was making $30K a year and paying off her bills and helping to chip in on our living expenses. Unfotunately my line of work prevents her from finding a new job very easily. I move every 6 months, so it has to be flexible. Our joint living expenses, including her minimum debt payments, total $65k a year.
My question is this: Should we focus our efforts on paying off her outstanding debt balances or should we just pay the minimums and start to contribute money to a savings account for retirement?
I got a large raise in Oct from making $50k to $125k and I was in some serious debt trouble

2007-01-29 06:35:28 · 6 answers · asked by Anonymous

how do you build up your credit. I have no credit history and i have no clue about the whole credit thing. Can someone help me.

2007-01-29 06:13:03 · 11 answers · asked by Bethany R 1

I am having credit cards problems , paying dabt off on 4 cards, I just ignored them for 1 year now and damaged my credit, Is it to late or can i save my credit? Whats the best way to pay of the debt, should i go to a debt specialize and consolidate my debt to pay off? How does this look on my credit report, ANy advice is helpful?

2007-01-29 06:06:40 · 12 answers · asked by paty l 1

He took money out of my bank account a couple of times and overdrew my account at 2 different banks. I closed that accounts but they said it would remain on my credit score for seven years. Is there anything I can do?

2007-01-29 05:53:08 · 8 answers · asked by ? 2

2007-01-29 05:33:49 · 7 answers · asked by poofheadvt 2

I had a repossession back in 1999 on a car that I defaulted on. I never heard a thing from the bank, a collection agency or any other soul. Now this debt was charged off and fell off my credit report last year.

Suddenly- about a month back- a collection agency is sending me a letter asking for what is more than what I remember my original loan being for- plus almost 150% in interest that they, themselves, have accrued.

They are threatening garnishment, legal action, and so forth.

The questions are this... Is the interest legal?
After a charge off and the debt has been wiped from my credit can they still collect?
What actions can they take against me, if any?

I am terrified of them either garnishing my wages and taking everything, or just harrassing my employer- what can I do?

2007-01-29 05:21:45 · 9 answers · asked by Doug M 2

2007-01-29 04:34:11 · 12 answers · asked by sissy 1

2007-01-29 04:17:44 · 7 answers · asked by tumama 2

that matter freeze your assets?

2007-01-29 04:10:12 · 4 answers · asked by Steve A 2

i have received no letters about this so i dont know where i stand

2007-01-29 03:47:36 · 5 answers · asked by katie h 1

I recently applied for Sears credit card, and their APR is driving me crazy. I just sent them a payment for $27.00 (that's what the balance said) then a couple of weeks later they charge me a "finance charge" of $40.00. My account balance didn't even changed. It's like I didn't even pay $27.00. Their ANNUAL PERCENTAGE RATE is 25.40%. They're making a lot of money by scamming us with these over-the-top percentage rate. I wish I never applied for that damn Sears card in the first place. =(

2007-01-29 03:39:28 · 9 answers · asked by Jimmy510Aaron 1

There was a levy placed on my current bank account by a bill collecting agency(credit-card debt) and I am stil owing. My dilienma is that I was laid off from my job and I cannot afford to pay right now. I want to file my taxes and have the funds go directly to my bank account. If I do open a new bank account and e-file, will the creditor be able to find my new account and place a levy on it? I would also like to know how they find it (bank account), and how long it usually takes.

Thanks in advance!

2007-01-29 03:31:41 · 9 answers · asked by Kay A 1

do u call bank; is there a number on note to check ?

2007-01-29 03:30:53 · 1 answers · asked by msgee 1

2007-01-29 03:26:37 · 3 answers · asked by kishore k 1

Is there a way to pay my credit card companies what I owe for accounts that have been charged off and sent to collection agencies? Couldnt they then contact the collection agencies to report that I have paid. Even if the collection agency has bought my debt, the credit card company could pay them back and still have gained some money???

2007-01-29 03:22:55 · 7 answers · asked by Kate R 1

I have three credit cards, each having a credit limit around $15,000. One is a no interest til May 2007, my balance on this card is roughly 13,000. My other card has around 10,000. I just finished paying off my third credit. My 3rd card is the longest existing credit card i have. Should I go ahead and close it out, or keep it. Will it affect my credit rating, if I close it. Meaning, will my credit score go up or down? I have a new job with a good salary, I should be able to cut my debt in half this year alone. But, I guess what I really want to know is if closing a credit card with a 15,000 limit have a negative affect on my credit score? Thank you.

2007-01-29 03:19:04 · 8 answers · asked by chris 1

I just wanted someone to point me in the right direction. I have fair to bad credit and I just need $2000 to get back in the green. I've tried prosper with no luck, and I don't want any info on cashcall or any other payday loan (even though I know someone is going to send me something like that). I'm not looking for sympathy or an easy way out I just wanna know about any lenders that are willing to give loans to people with bad credit without any money in advance (I'm told that is illegal anyway). If anyone can spare any useful informantion I'd be much obliged.

2007-01-29 03:07:53 · 6 answers · asked by Anonymous

Does it mean you are ACTUALLY approved or is it just a false hope that you might get approved for whatever you are pre-approved for? I am looking at cars and want to know what 'pre-aaproved' means.

2007-01-29 02:01:11 · 11 answers · asked by Anonymous

what are the different credit score ranges for each risk level?
i know it goes up to like 800, but what are the ranges for low risk, medium risk, medium-high risk, and high risk?

2007-01-29 01:16:17 · 5 answers · asked by andi714 2

2007-01-29 01:14:46 · 7 answers · asked by tanzer104 1

i think i have aply for every one but well lets hope im wrong

2007-01-29 01:00:25 · 6 answers · asked by bunsofhell 1

when you pay things off your credit I know that they stay up there for 7 years, but by paying it off does it really help you?, cause everyone can still see that it's up there? and does it help my credit score out any when i pay these things off? HOW DO YOU GET POINTS ON YOUR CREDIT SCORE? THANKS

2007-01-29 00:36:24 · 2 answers · asked by Anonymous

i am looking for a personal loan of $4000 for home improve ment i have past issues on my credit anyone know where i might get a loan some companies charge a fee for a list of lenders anyone know any of these little known lenders they talk about that give loans or of any overseas lenders that might help me

2007-01-28 22:29:49 · 9 answers · asked by Anonymous

Has any one heard about Advantage loan
(www.advantageloans.uk.com)
They told me that they guarantee me an unsecured loan and they charge 50 pounds for a brokers fee. Can they guarantee such a service? they say that the call is recorded and that they are oblighed to deliver the loan as they offer, for certain.
What do you think?

Thanks

2007-01-28 22:25:19 · 6 answers · asked by Anonymous