Credit - September 2007

2007-09-15 06:07:59 · 11 answers · asked by 24nascar 1

*example: Date of last activity 12/2001 - current status Pays as agreed; Closed at consumer's request.
OR
Date of last activity:11/2002 - current status Pays as agreed; Account paid - zero balance - account refinanced

I just got my credit report, it's not the worst score in the world, but it could use some tweaking. I read something in a book that stated:"...One reason our credit score was so low was that there was alot of outdated information... Accounts had been closed..."
I understand that anything over 7 years should drop off, but the book wasn't specific about if they were talking about just the negatives that need to go or the positives too? Would it be to my benefit to leave the positives, or request to have them deleted? ??? I know it sounds like a no-brainer; and that I should leave the paid in full stuff, but this whole credit thing seems backwards to me sometimes, you know, like it is better to have one revolving line of credit, etc...

Thanks in advance!

2007-09-15 06:05:33 · 4 answers · asked by flyers_girl74 2

2007-09-15 05:46:20 · 13 answers · asked by Anonymous

2007-09-15 05:45:19 · 2 answers · asked by k r 1

Would it be myfico???

2007-09-15 05:38:46 · 4 answers · asked by TXHIMstudent83 1

The person is not paying me the money on time. I have to pay it so that it does not affect my credit. Both of us names are on the purchase papers.

2007-09-15 04:49:04 · 12 answers · asked by andre h 1

I have had the same "debt" put on my credit report by the original lender, a collection agency over 2 years ago and now a brand new collection agency. I questioned the original debt on my report and they removed it, and now, it has obviously been sold to another collection agency who has put it back on my file. The original debt wasn't even mine, it was my husbands so I don't even know how it is getting on my file. If it helps, I live in Ontario, Canada.

2007-09-15 04:36:32 · 6 answers · asked by ccdpat 1

My wife has a very "common" first and last name, what do they do, get a phone book and go down the list untill they get a live voice to answer their call? Then they start interrogationg you and ask you "what's your address", "what are the last 4-digits of your SS#", of course, we don't tell them anything because THEY are so secretive and don't TELL US anything, either! I can tell you they obviously have the wrong person, but they have literally told my wife, "you are lying, and we'll continue calling you until..................", until WHAT? We've checked our credit reports and all looks legit; what is the problem, these people have nothing better to do, or do they get paid by the phone call? Thanks for any assistance you can provide!

2007-09-15 04:35:37 · 13 answers · asked by theOTHERasianguy 2

I moved out of state (not to run away from debt) for a while now. I have a few accounts that should be delinquent now. I'm about to receive my credit report, what do I do if I see a judgment against me? Does that mean that it restarts the date of SOL? What should I do?

Also, is it really possible to rebuild your credit to an good score after 7 years of deliquency if I begin to be responsible about my finances? Sometimes I feel like my one-two years of being stupid could have really ruined my financial life period.

THank you for all your wonderful support so far.

2007-09-15 04:21:49 · 11 answers · asked by Anonymous

I asked the question as part of my previous one, but I'm hoping ot get more responses please.

After 7 years of delinquency, the bad debt falls off my credit report, let's say I'm at a 400 credit score. How do I go about bettering my credit? How long would it take before I have a fairly decent one again?

I am really hoping to rebuild my life and begin to better myself. Thank you

2007-09-15 03:55:26 · 5 answers · asked by Anonymous

My husband left us ( 2 kids) and ran up $45k on my credit card.I am primary on the card and he was an authorized user. Collectors are calling me and offered to settle the debt for $15k. I am unemployed and cannot afford to pay any of it. The house we live in is in my husbands name and so is the car we drive. He is paying those bills. What will happen if I do not pay the credit card bill?

2007-09-15 03:22:00 · 5 answers · asked by Anonymous

Im a responsible person financially so stuff like this usually doesnt happen.. and i dont know what happens when it does.

I got paid yesterday (Friday) and didnt realize it takes a couple days for the check to be available at the bank.. i guess usually i have enough money where i dont notice.

anyways after i put it in the bank i immediately went out and made a 400 dollar purchase for something that i needed... not knowing that money will not go through until monday.

When that company tries to take the money out of my bank will it go through and then me just get a late fee?

or will the bank tell them "sorry the funds are there" and i also get a late fee!

I hate doing irresponsible things- any advice appreciated! The purchase was made on my debit card btw but using the credit card way (aka.. not putting in your pin) Right now it is a "pending transcation" in my account

btw.. this was an online purchase and my bank is wamu if that helps

2007-09-15 03:10:55 · 9 answers · asked by Anonymous

late fees (credit card billing) --- definition and computation

2007-09-15 03:05:19 · 4 answers · asked by cheche 1

Ive been in and out of the hospital most of the summer and when I reconciled my checking account after a few months there were appx 15 unauthorized debits from merchants I have never heard of, totaling over $3,000 that had been withdrawn from my account. Chase told me too bad and refused to reverse and I doubt they even investigated. What can I do?

2007-09-15 02:37:47 · 10 answers · asked by Steve 1

2007-09-15 00:17:31 · 2 answers · asked by plcave4 1

She is elderly and she trusted him. She let him take over her finances and now she cannot even live off of her own retirement. He has run up her bills and put himself on a new house mortgage, used her name to borrow ten thousand dollars and lied to her to get her to co sign the loan. Used her to buy a new truck by letting her buy the truck and he put his name on the truck. He has not paid one red cent for anything and she barely had enough to feed herself when I came back home. She wants his name off of everything and I am trying to help her pay off some of this debt. The problem is that she will need long term at home care. I am caring for her here but I will need help and my brother is throwing his weight around telling her he will throw her out since his name is on everything. She can't even sell this expensive house SHE is paying for without his consent. She will need her income to help out with her care. She has been diagnosed with Alzheimer's. I do not know what to do?

2007-09-14 18:14:05 · 16 answers · asked by alan c 3

Is there any limits? If there is, will it work if someone buys multiple gift cards with the same limit?

2007-09-14 18:01:26 · 8 answers · asked by sps0987 1

Do they come to your house and take your stuff and arrest you or something?

2007-09-14 17:53:23 · 14 answers · asked by sps0987 1

Hi. I have a visa debit card provided by the bank, but it is extremely rare that i ever use it. It has been several months since i used it last. The reason i stopped using is because last year i purchased a 12 ounce for $2.56 using the debit card, but didn't know that i had no funds in account (the employer delayed the start of direct deposit by 1 week). And then i was fined $33. So the 12 ounce coffee cost me $35.56 altogether! After that i never used the debit card again, and only used credit card thereafter. But now the bank sends frequent letters to encourage use of debit card and that if i use debit card, i will be pre-approved for some other deals offered by bank. So should i start using debit card again?

2007-09-14 17:25:51 · 6 answers · asked by Math 7

credit limit? for example, i do have a credit card with boa with 1000 credit limit and they sent me anorther credit card with 1000 credit limit .thanks you for your answer.

2007-09-14 17:09:22 · 2 answers · asked by Anonymous

Hi. About 8 to 9 years back i used to live in an apartment complex. When i moved out of the apartment in 2001, i was told to make some payment about carpet damage to the management. The payment was made in full, at the 1st request. But despite it the apartment company still reported it to a collection agency, and the collection agency reported it to credit burea and i was never told anything about it whatsoever by the apartment or the collection agency. Sum 7 to 8 years later, when i check my credit report for the first time, i discover that my credit score is 682 and there is one & only one negative claim, by this collection agency. I contacted the apartment company & the collection agency but got no response. They ignored my letters, never returned any phone calls or said that they'd get back later but never did. Meanwhile this thing remains on my credit report. I contacted a lawyer and he says he will need $800 payment for him 2 help me out. $800 is 2 much 4 me. what should i do?

2007-09-14 16:56:08 · 10 answers · asked by Math 7

If you've avoided all contact with the collection agency...does it completely come off of your credit report? Once it does, what is your credit score like?

What is the lowest possible credit score?

Does it help your credit if you were to contact these past creditors to pay them?

What should someone do after the 7 years? Pay back old debt? Or start trying to build up credit as though starting new?

2007-09-14 16:32:21 · 8 answers · asked by Anonymous

I need to start building credit and I would like to do it fast. I heard one way is to get this credit card that acts like a debit card. Is there? And also how can I gain credit fast?

2007-09-14 16:29:31 · 5 answers · asked by needpryer 1

a credit card company put a garnishment on my bank and took my savings and will take every penny of any child support checkes i deposit. can they do that considering its child support.

2007-09-14 15:08:27 · 10 answers · asked by dumbass 2

I made a lot of mistakes in my early 20s, got involved with drugs and messed my life up completely. I have been completely clean for 5 years now. During the bad era I accumulated 20,000 dollars of debt from car to credit to apt rental. I know they're all delinquent by now because these are all around 5 years ago.

I want to restart my life now and do the right things, what should I do? Who should I contact for help? I've since moved out of state, I didn't keep in touch with the previous creditors, so they havn't been able to contact me. I'm not even sure if they've tried to sue me or anything. I've been too scared to look at my credit report. I probably have the lowest possible score, whatever that amount is.

Thank you in advance.

2007-09-14 14:43:31 · 6 answers · asked by Anonymous

I then withdrew all of the rest of our money from that account to put in our new checking account. Two days later the bank statement said my checked was returned. What do I do now? Im not sure if he cashed it or deposited it but the money is in there now, will his bank try to cash it a second time to get the money or automatically contact him? I live in NC. Thanks

2007-09-14 13:39:43 · 6 answers · asked by Anonymous

Ok so they say free money for college is out there....WHERE IS IT THEN?
I cant get FAFSA this year or a loan because i have no co-signers and bad credit.....what the F********* do i do? start sellen drugs like everyone in my area

2007-09-14 13:24:30 · 2 answers · asked by AnswerMeThis 1

After you have paid off your dept. How long after will you have good credit if you continue to pay everything on time? ( Please be specific on years.) Also were in collection for 3 things but they all are paid off now. Once you get good credit, will landlords not allow you to stay because of your credit history? If yes, could explaining that you were learning the values of a dollar during that time convince them to let you stay? If no, is it all based on your credit score?

2007-09-14 13:07:53 · 3 answers · asked by Anonymous

My credit is not bad because I can't handle money, I have never had an account open in which I would receive credit if I paid on time or vice versa.


Two medical bills, small $100 and $125

And a phone bill of $200, a home phone bill to boot.

So as you can see, Ive been turned down so many times by all those assholes who claim bad credit isn't a problem, thus hurting my score even more by applying for like 50 differn't places, I was grilled at the auto place because of this, they said this makes it look bad on me.

Anyways, the last time I checked my score was 400, is there any credit cards who will accept me, and how do those online credit store cards work if I have to build credit that way I will. Thanks

2007-09-14 12:54:16 · 11 answers · asked by festy1986 2

so I got a thing in the mail about a check that bounced. What is the next step in what I need to do? The bank already collected a fee and I deposited money in it .I made an error in my ledger. Do i have to go to the place that the check bounced at? i want to get it cleared before anything more happens.

2007-09-14 12:37:12 · 9 answers · asked by kasia8706 3