Credit - August 2007

I recently asked for a debt validation on a charged off account and have previously disputed it with CRA's and still state it's valid. What I wanted to pin point was the date of delinquency and amount said paid on last payment. Wrote a debt validation letter sent certified. Got a response from the company stating that the information I want is "frivolous" according to Federal regulations because I have failed to prove sufficient information. Letter claims I seem to be working with a Credit Repair Agency, which I have not been and claim the money I am giving them could go to settling the debt. HAHAHA. Just trying to validate the supposed amount owed and who owns it, since Ive been getting collection notices from some other company. ANYONE WITH SOLID ADVICE?

2007-08-20 18:03:16 · 2 answers · asked by Anonymous

I just moved the balances from about 6 credit cards to one card where I have 6 months of zero interest rate. I have about $6,000 to pay off. My question is will the consolidation ALONE have any effect on my score? Meaning before I start paying down the debt?

2007-08-20 17:05:48 · 5 answers · asked by Anonymous

ok my little sis is 18 yrs old and she got involved with a total loser and married him when he got her pregnant. He bought a car and never made the monthly paments the other night they repossed i but her name was never on it but because they are a married will it still affect her credit? she is trying to move out and get her own apt but at 18 i dont think she can

2007-08-20 17:00:08 · 6 answers · asked by jtsnowluvr06 2

I do owe that much about $600. and have plantry available credit on my cards, but I want to buy a house in about 6 months. I was told that if I pay them off and do not charge that it will lower my points which are around 680.

2007-08-20 16:36:39 · 5 answers · asked by Debbie 4

I think I read somewhere that it hurts your credit to cancel a credit card after paying off your balance. Is that true or am I better off canceling the card?

2007-08-20 16:17:34 · 7 answers · asked by Anonymous

I got a letter from a firm called Cohen and Slamowtiz on a debt. I don't want to deal with them, and would rather have them send the case back to Discover Card. Would a "cease and desist" letter work in this instance? Or would they simply stop contacting me and get a judgement against me instead? Is it also a good idea to include the cease and desist within the "letter of Validation"?

2007-08-20 16:13:05 · 11 answers · asked by Keninho 2

i just signed a contract with a debt consolidator and they are supposedly saving me 60 bucks a month but when i looked at my account i noticed that what they were paying out didn't add up to what i was paying them. the only reason i went with this company is because they are non-profit so i called and complained and discovered that they are charging me 45 dollars a month as a service fee. but the service fee can't be for the paperwork because the first month they charged extra to get the paperwork together. is this normal or is there something wrong with this?? should i cancel my account with them or are they being honest?? remember they told me they are non-profit....

2007-08-20 16:11:45 · 6 answers · asked by Katie 1

I sent in for a credit card offer I got in the mail and then changed my mind. The card came in the mail. If I cut it up and don't activate it, will the account still exist? Do I have to call and cancel it even though I haven't activated it?

2007-08-20 16:09:18 · 7 answers · asked by Trina O 3

My neighbor was left a message by my creditor and he is not on my accounts or has been used as reference at all.

Is this considered harassment?

2007-08-20 15:56:26 · 6 answers · asked by keekee 4

I know that charged off credit cards will fall off your credit after 7 years... my question is... from what date do they go by? Is the date of last payment or the date it was charged off?

2007-08-20 15:44:24 · 7 answers · asked by jtroyer22 1

i have an orchard bank credit card, that ive had for about a year, when they checked my history they found that ive never had a late payment with this credit card and that my credit score is above 700. they decided to hike up my intrest rate from 9% to 29% intrest with out a clear reason why. They told me the reason why is because (1.) its based on your credit score to date, and (2.) based on any other credit cards (History) that you happen to have. ok... for the 1st reason- my credit score is above 700, i had a lower credit score when i 1st got the card at 9% intrest, so that cancells that out. so..... for the 2nd reason- i read that they cannot, like its agaisnt U.S. policies to raise my credit score based on other credit cards or accounts that i happen to have. but ive never.. let me say that agiain, never. had a late payment on any of my accounts that ive ever had. (im kind of a credit freak) so why would they hike my intrest?

2007-08-20 15:32:33 · 9 answers · asked by answeraway 1

A website that doesn't do that 30 day risk free trial crap. I just want to know the number.

2007-08-20 14:56:24 · 3 answers · asked by Bella Italia 3

my credit score took a hit when i had a collections agency track me down for a lost bill that was forgotten about after a move. i was late on a payment for a card too. how can i make a comeback? i want to get my credit over 700, since i would like to buy my first home in about 2 years. i already have a credit card that i make monthly payments on as well as college loans (in deferment being that i am in graduate school now). what to do now? do i have enough time to get the score up so i dont get screwed when buying a home in the future?

2007-08-20 14:48:56 · 5 answers · asked by Ma An Jou 2

I just want to know all the steps I should take so I am sure not to miss anything. It is all going to be in small claims court.

2007-08-20 13:23:11 · 7 answers · asked by Anonymous

I want to shop for the best (lowest) rate. My credit score is 800+ but I am told I have to allow my credit to be "run" in order to "quote" most rates. Does running credit lower a credit score, or is this subjective and based on interpretation?

2007-08-20 13:00:43 · 3 answers · asked by patrickehoward 2

Eq790/TU 809/EX794 NO Inq's in past 11 Months. My current credit limits on "ALL" cards is 195k and I want 450K by next year. I have exhausted Amex (5 cards), BOA, CHASE, Citi, US BANK, PenFed, Juniper...HSBC (crappy cards BTW) etc.
I only have one credit union PenFed...and I'm thinking that maybe the way to go. I currently have zero balances on all cards, I usually PIF unless it's a 0% for a appliance or the something like that. 2 Cars paid, home is worth 460k with a $50k mortage.


any suggestions??



note: Not interested in store cards, I have JcPenny, BestBuy, Home Depot, Lowes, HHGregg....and numerous more...the credit mix (10%) is in good shape

2007-08-20 11:56:06 · 4 answers · asked by LoveUSA 2

Right now im over my head in bills and i need ideas and ways to cut these bills down. I live in the state of new york so any programs or ideas would be helpful...

2007-08-20 11:43:56 · 5 answers · asked by sdotmurda 2

I'm wondering if debt consolidation loans bring down your credit score? Also are you required to close the credit cards you pay off with the consolidation line of credit?

2007-08-20 11:38:47 · 10 answers · asked by krystal t 1

2007-08-20 11:30:18 · 7 answers · asked by PW 2

i went into a used car dealership. Mind you, this is a big name dealer with a good reputation. They ran my credit and told me okay we found a bank that will approve you for $14,000. I said great! went out into the lot, found a car i LOVE and said thats the one. The salesman and finance manager drew up papers as to how much it would cost etc... but they didnt give me the loan papers right then and there because supposedly the bank was now closed and ill have to go back monday to sign the loan docs and find out what my payments would be. In the meantime he had me sign off on other docs just from the dealer, not the lender and said if i can provide proof of insurance i can drive it off today. I did just that and Saturday evening, i drove home in my new car!
Well today during my lunch hour i went back to sign the rest of the docs and they tell me...oops, sorry the bank is now only approving you for 8000 so youll have to come up with an extra 5 grand if not, i have to give the car back!

2007-08-20 11:30:13 · 10 answers · asked by Anonymous

Received a Summons on credit card debt, but I want to write the answer to the court, Can some one advsie how is it done I beleieve one copy must go to the Plantiff. What should I mention in this, That I have received it?.

2007-08-20 11:27:26 · 2 answers · asked by Sib10 1

I had a judgement from a credit card and filed bankruptcy 2 years later. The bankruptcy included the account and stated there was a judgement as well, yet 7 years since having my bankruptcy discharged this judgement is still showing up on my credit. Everytime I try to purchase anything, I have to fax my bankruptcy paperwork showing this was included. But now that I am trying to refinance a morgage on my house, they may not be able to do it because of this judgement. I am faxing (yet again) a copy of the final paperwork, but I wonder if the judgement is infact still there. I thought that if they required us to pay it would have to be paid prior to them discharging our bankruptcy and since no one said we had to pay them I just assumed it was included.

2007-08-20 11:24:41 · 5 answers · asked by Sherena C 1

http://www.electronixgurustore.com/
I want to purchase their wii but their offer is...amazingly too good to be true...

Thanks for your time to glance over this
-Fai

2007-08-20 11:19:54 · 4 answers · asked by Anonymous

Does the clock start over on the statue of limitations for the debt or does the original date stay with the debt?

2007-08-20 10:55:30 · 9 answers · asked by Anonymous

credit card i did it online the application and they said something bout returning the money if pay on time anyways is it good one and does alot of place except discover

2007-08-20 10:51:50 · 1 answers · asked by dvcgurl 7

am i correct?? i just went to this credit repair place and JUST got some information on how they work....then i came home and found out that all they do is submit letters to credit places.//then they submuit them to the creditors and if they dont respond its deleted....isnt that the same thing u can do on the 3 major credit places website?? called credit disputing?? alll i want to know is--is what these people are charging all this money for (credit repair) if u do some research u can do it free urself??

2007-08-20 10:49:51 · 6 answers · asked by its me 1

2007-08-20 10:30:19 · 4 answers · asked by Andrew R 1

i dont have a credit card, how can i buy this stuff?? i dont understand paypal. would that do it, how would i get $300 dollars to a paypal account, please explain paypal to me, is there any thing else that would be better??

2007-08-20 10:17:27 · 7 answers · asked by ? 2

I CAN PAY $400-450 A MONTH TO PAY BACK.

2007-08-20 09:45:28 · 9 answers · asked by key_w_j 1

2007-08-20 09:40:15 · 22 answers · asked by stephen8251@sbcglobal.net 2