Nov
23
Will adding a 100 word consumer statement to a person’s credit report help to improve their credit?
Filed Under Credit | 5 Comments
John G asked:
My friend needs to improve his score.
JESUS
My friend needs to improve his score.
JESUS
Nov
8
vort3xyz asked:
I havent paid my bills in like a year. My credit report says they’re charged off as a bad debt, and there are 3rd parties trying to collect on the debts. I have come into steady income and I would like to repay the debts. The 3rd party collectors want lump sum settlements and don’t want payments. Can I use a consumer credit counceling service to setup a payment plan to pay these debts off? Or is it too late for that? I was considering a chapter 13 to get everything straightened up and on plan, but my coworkers think that’s a bad idea since I will not be saving any money from the chapter 13 as far as my financial numbers work out. (disposable income vs total debt after 5 years of payments).
I havent paid my bills in like a year. My credit report says they’re charged off as a bad debt, and there are 3rd parties trying to collect on the debts. I have come into steady income and I would like to repay the debts. The 3rd party collectors want lump sum settlements and don’t want payments. Can I use a consumer credit counceling service to setup a payment plan to pay these debts off? Or is it too late for that? I was considering a chapter 13 to get everything straightened up and on plan, but my coworkers think that’s a bad idea since I will not be saving any money from the chapter 13 as far as my financial numbers work out. (disposable income vs total debt after 5 years of payments).
I think one of my creditors (discover) may be preparing to sue me. They issued a complaint to a local courthouse, but the sherrif hasn’t been able to track me down to serve the papers yet.
SON
Nov
8
Atiq W asked:
I want to dispute some items on my credit report, just wondering who should I write/contact. For example, I have consumer energy bill that’s not mine. Should I contact Credit agency? Consumer Energy Or the collection agency?
Thanks.
ARTHUR
I want to dispute some items on my credit report, just wondering who should I write/contact. For example, I have consumer energy bill that’s not mine. Should I contact Credit agency? Consumer Energy Or the collection agency?
Thanks.
ARTHUR
Nov
7
Should I join Consumer Credit Counseling? They will charge me $468/yr to pay my bills with my money?
Filed Under Credit | 7 Comments
swtval asked:
It sounds great, I “only” have about $9k in credit card debt and it should be payed off in 3yrs. Right now I have very little money left after paying minimum payments each month. I will have $145.00 extra each month. However, I’ve looked into several credit reporting agencies FAQ’s and they state that this may hurt you because the CCC agency will be “negotiating” your interest rates, which means you are not paying the entire debt that you agreed to off. I have enough negative items on my credit report so I dont know if this will put my good accounts into negative if i have to close them and then CCC ageny will also note that I am under a debt mgmt program. Any advise, my only alternative would be a consolidation loan, but i doubt i would qualify?
VALENTIN
It sounds great, I “only” have about $9k in credit card debt and it should be payed off in 3yrs. Right now I have very little money left after paying minimum payments each month. I will have $145.00 extra each month. However, I’ve looked into several credit reporting agencies FAQ’s and they state that this may hurt you because the CCC agency will be “negotiating” your interest rates, which means you are not paying the entire debt that you agreed to off. I have enough negative items on my credit report so I dont know if this will put my good accounts into negative if i have to close them and then CCC ageny will also note that I am under a debt mgmt program. Any advise, my only alternative would be a consolidation loan, but i doubt i would qualify?
VALENTIN