Credit - August 2007

A debt collector send me a letter stating that a garnishment summons may be served upon your employer. Don't you need to go the court before they can do this??? I called them and asked them what this was all about they said that I have been sued already but don't I have the right to state my casr in court before they take out money from my check??

2007-08-30 12:23:53 · 8 answers · asked by kristina 1

I went to Circuit City and gave the cashier my AmEx card and he looked all surprised. Then he asked what kind of work I do... after hesitating for a minute, I told him... And I asked why he wanted to know, and he replied that he wants to know what kind of work he should be doing instead of working at circuit city .......since AmEx only approves people with good credit... is it true that you need good credit for an AmEx card? I've never heard of this before...

2007-08-30 12:06:16 · 3 answers · asked by verm money 2

Hi I qualified to get a Credit Card & I am not sure if I should. The only thing that I want is clothes & electronics. Or is better stick with Debet card & why?

2007-08-30 11:21:11 · 5 answers · asked by Anonymous

can n e 1 provide advice/ (what to do?) on an illegal act by a credit bureau? items once removed have been reinserted without proper procedure; per FCRA ,(fair credit reporting act) one should be notified in writing 5 days prior to them doing so. this was not done!! PLEASE GIVE ADVICE ASAP. besides, these items were removed previously because they could not be "validated". this took place in MAY 2007, what, now they've been validated? NOPE!! the law was still broken on their part & i want justice.

2007-08-30 10:55:58 · 3 answers · asked by ACURA KRAZY 1

Seeing a friend fall deep in debt in no time, I like to help him, get an idea of what his options are - Bankruptcy or Settlement.

He made huge debt (over 50 thousand) to 4 major credit cards while in New Jersey.

Since Feb 2006, he has no job, no nothing ... literally nothing, stopped paying, moved out of state, no contact with creditors or response to court orders. (A lot happened with other cards). Now,

Card-1:
With Original Creditor
Principal 10K.
With penalties 15K

Card-2
Been sold 3 times and with an outside recovery company.
Principal 19K.
With penalties 27K.

QUESTIONS:

We understand Bankruptcy may be best option… its apparent it’s quite easy in his case. BUT please advice on the below.

1) In this scenario, how much these agencies would agree for one time payment?

2) How should we proceed OR should we hire an attorney to do this work for us?

3) Are there any better options such as consolidating?

4) Plz recommend attorneys, consolidators, any thing.

Big Thanks.

2007-08-30 09:46:11 · 2 answers · asked by To Financial Freedom 1

A friend told me to try yahoo answers to get some advise on this. I just recently got a call from a debt collector inregards of a capital 1 bill i had in 2000, he told me i owe 9k, where it was 3200 in 2000. I is tring to set me up with a payment plan of 200 dollars a month for 45 months. What i am having a hard time with is the extra6k seems fishy I have not made a argeement with him and he has been calling all day. He did tell me friday if i havent made a disision by monday he will have no choice to file a law suit. He also included the state of michigan where i live they may look at is a felony due to theaft not intending to pay back.. any one been in this situation, I do not want a felony on my record but i dont think it is right for the 9k

2007-08-30 09:02:59 · 10 answers · asked by janet m 1

i was told ever since Katrina... it's super easy to get a home loan right now. just curious. me and my husband both have poor credit, our credit score was around 560 (each). any info would be great!!!!

2007-08-30 08:57:32 · 8 answers · asked by bmariev24 1

I am 14 and I want to buy a particular item online but I havent got a debit or credit card and my mum says I am not allowed to get it I have got the money needed for the item all I need is a credit card and I cant use one of my friends, can someone please tell me the steps to get a one-use (disposable) prepaid card.

2007-08-30 08:55:28 · 9 answers · asked by Anonymous

Has anyone had any experience with this company, and are they legitimate? I've had messages left on my answering machine implying that I have outstanding debt that they would like to collect on. I have no idea what they are talking about. I have no plans on responding to these people.

2007-08-30 08:53:10 · 5 answers · asked by JOHN D 1

I got one of those american express gift cards from my mom's friend. There's 50 bucks in it, and i want to use it at the mall today. will they ask for my i.d.? and if so, can i use my school id? i'm only 14, and i don't really have anything else.

this is what my card looks like:
https://www210.americanexpress.com/BOLWeb/bolfeOrder.do?request_type=orderProduct&promotion=ACP&program=ACPWEB&selleracctnbr=6430098999I&cc=US&producttypecd=I2

2007-08-30 08:48:40 · 1 answers · asked by Anonymous

if so, how did you handle this? it literally just happened to me. it was strange that they already had my address and beginning of my credit card number (it's actually a debit with a credit card company on it...so it's not JUST a credit card)....and they had 3 different people talk to me and recorded me the entire time. i was at work when i answered so i was blind sided by the questions.

turns out they immediately took $75 out of my account because i apparently "okayed" it.
i've already canceled my card.. and i will be canceling my banking account and re-opening a new one today. but now i'm scared of what's next to come - they claim they're mailing me things...i guess i'll have to cancel them or they will keep sending me bills :( helppp!

2007-08-30 08:37:31 · 7 answers · asked by notsolucky 3

I took a loan out with them, and after the fact, I realized there is no contact information. I'm afraid that I will be paying this loan off for the rest of my life!

2007-08-30 08:02:07 · 6 answers · asked by Lacy 2

I am 23 and I have a total of $2,000 in credit card debt and medical bills. I want to pay all of these things off, but at the same time I want it off of my credit report once I pay it. The question I have is, if I place in the memo line of my personal check "upon cashing this check parties agree the balance is paid in full, and collector agrees to take negative information off of my credit report", do you think that the companies will cash the check, and if so, is this considered a "Written" Agreement, and can I use this so that I can get this info off of my credit report. Like I said, I want to pay these items in full, but I also want them off of my credit report. If you dont think this will work, please list a alternative route. Thanks

2007-08-30 07:59:35 · 7 answers · asked by Kay 2

2007-08-30 07:32:39 · 5 answers · asked by Anonymous

Has anybody here ever used Titlemax to take out a loan? I'm in desperate need of a few hundred dollars and was thinking about going to Titlemax. What kind of experiences have you had with it? Is it a good idea?

2007-08-30 06:24:01 · 5 answers · asked by lydiasue44 2

well i have already paid off all of the things on my credit report and to everyone i owe money too but my question is where do i go from here what are some ways i can buildmy credit back up from having bad credit?? its been about almost a month since i paid everything off thanks!

2007-08-30 06:23:40 · 5 answers · asked by jaysangel040106 3

I know lenders want a job so they can get their money if you do not pay. With social security they cannot take the money, but they can repo the car. So why will no one approve? We are on permenant disability, having received it now for about 10 years, and always will. Just because we are on disability do we have to pay cash? This has not been fair so far, discrimination?

2007-08-30 06:21:40 · 4 answers · asked by Anonymous

I understand that many people cannot make mortgage payments because they did not understand that payment amounts could sky rocket with passage of time. But what causes several mortgage companies into financial spin because of that, and what is meant by 'subprime' in relation to that?

2007-08-30 06:13:25 · 5 answers · asked by Ramji 1

I signed up for a sponser offer and my account was supposed to automatically activate within fifteen minutes. So far it hasn't.

2007-08-30 06:01:00 · 6 answers · asked by Lakesha R 1

If you are making some kind of payment on medical bills can they still send you accounts to collections?!

2007-08-30 05:50:10 · 7 answers · asked by Louisa 2

I am going to sign up thanx!

2007-08-30 05:43:54 · 2 answers · asked by Anonymous

Just found out that I have a $600 bill collectors have been after for 7 years (actually my husbands). He tells me that after 7 years it will be cleared off his record. yes, but they are just going to write his bill off for taxes and write it into his credit report. I keep telling him he needs to pay it off before then. My question is, would it matter on paying it off or just having them sign it off? We don't have this extra $600 laying around. I just don't see the system putting it your report and not having penalties. Can some one please point me in the right direction so I can finally start getting his credit in line.

If you are able to send me to a link so I can read for myself and show my husband it can/can't hurt his score that would be extra helpful.
Thank you

2007-08-30 05:15:37 · 6 answers · asked by kirstenw83 3

Does anyone know a site that helps people with no perfect credit buy a house and consolidate bills all in one payment?

2007-08-30 05:04:48 · 3 answers · asked by Amy 1

I'm 18 & I'm a mother .So I'm in need of a lil help wit stuff.
I HAVE NEVER HAD A CREDIT CARD B4.
So I have been thinking about getting a credit card. I'm not all that sure how credit card r with "Intro APR" "APR as low W/E" & "Rewards" I'm not sure whats best. So I need a lil help from someone that does. All I want is like $500-1000 on tha card .And a low monthly payment thats all. Thankz

2007-08-30 04:54:54 · 12 answers · asked by Reba C. 2

2007-08-30 04:51:44 · 5 answers · asked by bevin 1

I have two mortgages on my house with First Franklin. I got sick last year the week we bought the house. I wasnt able to work, and eventually lost my right leg. Because of this, we were late on the motrgage the first month, over 30 days. My wife took on a second job to make those payments. But we still paid those late every month. They rewrote the terms of the mortgage in July, to bring us up to current status. But the damage is done now. We have 8 -30 day late payments now showing on each acct. Is there anything that we could do to get them to remove some or all of those lates? Any positive help will be appreciated. I have had enough grief from being sick, so please, no negatives, Thanks.

2007-08-30 03:57:01 · 5 answers · asked by hasdad62 6

I don't have it because I don't pay creditors back, but because I just got divorce and my husband ruin both our credit. (why I am divorce) Anyhow, I am trying to rebuilt my credit, but I just wish to have one payment, instead of paying different sort institutions and different interest rate, which total up to a lot. I just don't ever seem to catch up. HELP...anyone?

2007-08-30 03:56:44 · 7 answers · asked by S D 1

My sister-in-law has about 4 payday advance loans that she's not paying. I've told her that she could go to jail for this. SHe says no she cant because its a loan,not a bad check. Does anyone know?

2007-08-30 03:50:53 · 8 answers · asked by chasead95 1

I have tried all the loan companies everywhere & have been turned down by all.All I want to do is establish my credit score to be higher. I have been looking for a loan to consolidate & been turned down for those too. Any help out there?

2007-08-30 03:30:08 · 2 answers · asked by Polly B 1

Don't they have a lien on the property? So if the borrower defaults, don't they still have the value of the house. Might not be as much when the loan got originated, but worth something more than nothing.

2007-08-30 02:43:31 · 3 answers · asked by Spartan117 2