Credit - October 2007

Me and my mom had an account with US bank and I was a minor. My mom racked up 982 dollars in debt with them. For some reason they think I owe the money. I was a minor when this happened. they later turned it over to a creditor and they are pressing a lawsuit against me. I can't figure out how this switch could happen. My social security number doesn't even show that I have bad credit or anything. I am really confused.

2007-10-03 04:36:20 · 10 answers · asked by sunscour 4

I have a personal loan of $12,200 which i'm paying around $490 a amonth (this is a secure loan which they are using my car as collertal). The reason why i'm paying that much is because of my bad FICO credit score (612). Is there anyone out there that can give me advice on how to get another loan with lower rates with someone with bad credit. I cant seem to get out of this hole.

2007-10-03 04:26:38 · 1 answers · asked by Anonymous

I was thinking of paying double my car payment per month so that I can pay it off earlier. Is it beneficial to do this, or should I just make the minimum monthly payments? Which is better for building my credit? Thanks!

2007-10-03 04:14:51 · 1 answers · asked by Hitch™ 3

I have been working on my credit and i can't seem to get the score to go up. I have 1 credit card which I pay on time every month, a car loan again on time every month and was only late 1 time like a year ago, student loans i pay every month. I can't seem to get the score up. Any ideas about possible home loan qualifications? I've heard that buying a home increases your credit score, and i think it will be better than renting, any suggestions?

2007-10-03 04:07:04 · 6 answers · asked by whistlebritches_17 1

2007-10-03 04:03:16 · 3 answers · asked by Creole Diva 2

Did it happend to you? I posted a question, that i needed money to get my bussines started etc, and i got many people who are offering me a loan.There even was one guy, who wanted to loan me money based on trust!!!! I mean, can that be real, or it's just a scam to get your personal info and bank account number.

2007-10-03 03:31:47 · 5 answers · asked by nataliya 2

I want to maximize my credit score. My credit is excellent now and I don't want to hurt my credit score by paying this 75% discounted rate if it will hurt my score. Do I just let the bill slide since it is 11 years old?

2007-10-03 00:39:47 · 9 answers · asked by trena77 1

I added my boyfriend as a co-owner to my credit card to help his "not so great" credit. I make all the payments on time and there is never a balance left on the card. Is this really helping his score? If so can anyone give me a clue as to how much it helps him...Thank you.

2007-10-02 23:25:08 · 6 answers · asked by waterbug3689 2

There is a long story attached to this, but I will make it short.

Total amount owed on a defaulted loan is $34,000. The bank has offered to settle at 75% ($25,500) but "possibly more with supervisor's approval".

Of course, less would be better to work with. Do I offer $20,000? $15,000? I am not a good negotiator. This is also a bank loan, not a credit card.

Thanks.

2007-10-02 17:40:23 · 2 answers · asked by Rusty Nail 2

If i apply for a credit card and i get denied does my credit score go down?? Im 18 years old never had a credit card never had anything to affect my credit i guess i just got denied because im barely 18 and havent had my job enough.. but someone said today everytime they look at ur credit or you get denied for a card it lowers your credit score.. and how do i go about getting a new credit card?

2007-10-02 17:05:06 · 7 answers · asked by Anonymous

Can you tell from the NET REWARDS POINTS??

2007-10-02 16:35:30 · 5 answers · asked by Anonymous

Ok over two years ago, I fell for a magazine scam over the phone(well I had to answer the phone because they kept calling at 10pm even 1AM!!!!!!!) so I fell for it and well my debit card was hot carded so I cancelled it. Two years later I went to get another one at the bank I had my first debit card, and well the lady said that I can't get another debit card because of what I did and it'll have to be approved by the committee. I told her that alot of people fell for that magazine scam it wasn't just me. She also said that she recommends I don't purchase anything online.

The only store I purchase from is Amazon and it is a SAFE site! so if I purchase online will she take my debit card away?

I didn't know bankers punish people who fell for a scam. who also shops very intelligently online. EVen smart people fell for this scam!

2007-10-02 15:48:32 · 6 answers · asked by Savannah 1

It has been well over 7 years and they are still harassing me. I thought after 7 years debts didnt have to be paid unless they were governmental debts? Where can i go for excellent legal help?

2007-10-02 15:26:48 · 9 answers · asked by Fallen Angel 1

On my bill statement......

what's the difference between Credit Limit and Cash Credit Available...???

2007-10-02 15:15:22 · 2 answers · asked by Anonymous

2007-10-02 15:11:37 · 2 answers · asked by Anonymous

2007-10-02 15:03:58 · 6 answers · asked by kaavya m 1

I am thinking about going through them for credit counseling and possibly even a debt management program to reduce my credit debt to manageable levels. I live in Albuquerque, but they have a bunch of offices in Arizona and New MExico. Does anyone have any experience with them? If so, how did it affect your credit, and how did it all work out for you?

By the way, I found them at the nfcc.org member location website, so I am pretty sre that they are legit.

Thanks.

2007-10-02 14:41:12 · 2 answers · asked by Billie G 2

I have 8000 in collections and have avoided the collectors for almost a year. My dad told me to hold off until december and try to make a deal with them bc he said they give better deals at the end of the year. (They wont even send me a written balance statement, let alone settle for less than paid- currently) I was planning on entering a governmental consumer credit counseling program. My dad said not to. What should I do?

2007-10-02 14:22:37 · 4 answers · asked by jonsantarlas 2

i don't know

2007-10-02 14:09:38 · 4 answers · asked by chauchikiet2006 1

2007-10-02 13:45:38 · 3 answers · asked by Brain 2

I was sued by one of the credit and collection agency. I decided to fight it and agency put the request for dismissal,. What should be my next step, how do I get it off my credit report.

2007-10-02 12:10:06 · 2 answers · asked by Anonymous

If I will be ordered by debt collections agency to go to court regarding the payment I own, which party will pay the cost? and if I have no choice, can I just agree to pay 1 pound per month?

2007-10-02 12:04:33 · 7 answers · asked by Anonymous

I was able to pull up and print off my credit score from Experian but I have no idea what it all means? I can see where I owe money and how much but the actual score?! HELP?! Thanks

2007-10-02 11:46:02 · 2 answers · asked by alliejaggs06 1

Has anyone heard of Safeguardmycredit.com?

I had never heard of them until their charges began to show up on my phone bill (land line). I know I'd never sign up for anything online so I know it wasn't me, but they refuse to reverse charges. Who can I contact to fight this charge?

2007-10-02 11:19:51 · 2 answers · asked by speedy41893 2

Im working on paying off my credit card debt... and i just transferred my balance from a high interest card to one that was interest free for a year...

but this got me thinking...

Why wouldnt i just transfer my balance every year to a new car that had zero percent interest? Doesnt that make sense?

Or am i missing something here like it affects your credit score or something? Thanks!

2007-10-02 10:59:52 · 7 answers · asked by Anonymous

I've seen a few suggestions on the board, and put a few up myself as answering another person's question, but out of all the techniques out there, what are the 5 or 6 you find most effective?

2007-10-02 09:47:22 · 10 answers · asked by saberhilt 4

I had my husband apply for a Continental Finance card because it was a card that promised to rebuild his credit. However, now that we finally have the card we have some questions regarding the account but CANNOT get a live agent!! We just got billed $300 and I want to cancel this account but since there is no associate i dont know how?!?

How can I remove this account before it damanges his credit??

2007-10-02 09:35:25 · 5 answers · asked by Anonymous

any recommendations

2007-10-02 09:13:57 · 9 answers · asked by Anonymous

I am a co-signer on a bank loan and the original borrower cannot pay the $34,000 that is due - not now, nor ever. Now since the loan is in default/collections, it is due immedietly.

I had no idea he was not willing to pay, but the trouble now is they want all the money now, or $1,400 a month for 2 years. The most I can afford to give is $800 a month (50% of my salary) but it seems the bank is unwilling to negotiate anything less, before they take "other actions".

Any ideas? I also own no property, or have any other collateral to my name. I am willing to work with them, but I don't make enough to pay them all back at once.

2007-10-02 09:07:05 · 5 answers · asked by Rusty Nail 2

2007-10-02 08:42:33 · 5 answers · asked by bradlitazole 2