Delay asked:


I have a friend that needs to clean up debt. Before charging off to be a hero and completely opening a can of worms on her poor soul by referring her to any joe shmo I wanted to ask. I need to ask because cleaning up credit debt that has lay dormant for years is a tricky situation. The debts have been sold off and as soon as you make contact with the collection agencies all of a sudden the clock starts again and all he// breaks loose.

So…we have BK lawyers, credit counselors, financial advisers,etc so which ones are going to truly assist credit debt payoff strategy and report cleanup with my friend’s best interest at heart?
Thanks for that…but I disagree. Clearly I am the person to help initially by researching who the best person to go to for advise would be - and then forwarding said information to friend for review. You appear more knowledgeable on the subject than me - great. But you still didn’t answer the question.

JOHNATHAN

Dude asked:


The use of consumers credit reports these days is out of control. They are using your credit report for everything you can imagine that involves money.

- Banks (just to open a savings account!!!)
- Libraries
- Employers
- Now…Doctors and Hospitals

I read this article in the paper yesterday about this man who had a good job (employer unknown) paying $220,000 a year…that’s pretty decent. Recently he financed a house and car. Then opened an American Express credit card. He had good credit…you have to, to have an AMEX card.

When his employer of 25 years ran a credit check they found the house, car, and credit card.

They let him go due to a consumer report that revealed his debt exceeds his income.

WTF!!! He was making his payments on time with money to spare. He was doing fine!!!
I recently had a problem with employment. I applied for a job at a local credit union as an administrative assistant (not even handling money…In a spearate building from money…
I was denied the job because I was late two payments on my $1,200 financed TV 8 months ago…every payment has been on time since.

Opinions on using consumer reports for everything?

CLARENCE

D asked:


I really **** creditors.

I was fortunate enough to come into some money and paid off my $40,000 debt. This was in Feb. of this year.

Equifax, is showing several as charge offs. What can I do to repair my credit? I would like to remove the negative marks off my credit…any suggestions?

My banker told me to write the credit bureau disputing the negative reports. Is this true? Who do I contact to remove the negative reports?

thanks in advance.

SANFORD

jawsnu7 asked:


I received a credit report recently that I did not request. It has only one account on it and about 12 inquiries. I sent a dispute letter back in march to correct the inaccurate addresses and I received a full credit report afterwards. Two weeks ago I received a partial one again as forstated. The reports are from Equifax. I would like to know if anyone has experienced getting two different credit reports even after disputing with a
CRA?

FRANK

luvtahug asked:


I’m job hunting and they pull reports before they hire you. I’m in my 50’s and very healthy, but they may use this to assume I have medical problems that I no longer have. Anyone know how to get the medical stuff removed from credit reports? This should be a violation of HIPAA because it should be a private matter when it can affect my job applications or applying for medical insurance. Help???

GEOFFREY

Juanita C asked:


I have a consumer credit counseling or something like that showing on my credit report. Help me out I need a car!

GENARO

malissa_pavlik asked:


The loan officer said I had lack of open mortgage credit references on my consumer credit report. I asked him what that meant and he didnt know. I mean if you are going to turn someone down at least know the reason why right? Someone anyoneeeeee know what this means I tried to google lack of open mortgage credit references but really nothing came up which is quite weird for google.

HORACE

Kevin asked:


If my credit score is horrible in the US and I move to Australia or England and start an account with a foreign bank native to the country do I start over? Brand new credit??

DAN

Independent_guy asked:


Hi Everyone,

A non-married couple is applying to rent a 1-bedroom apartment. She is working he is not. For those who pull potential tenants’ credit reports, would you pull both credit reports or just hers and put just her as the one responsible for rent payments?

Same question regarding filling the rental application itself – would you require both to fill that or just the lady who is currently working?

THANKS AND HAPPY NEW YEAR!
Thank You Everyone! Your Great Advice is so helpful! Regards, Neil.

DOUGLAS

Lyn93 asked:


I am overwhelmed with loans, Credit Cards, and bills. The thing is I have decided to go through Consumer Credit Counseling to have my interests on my loans lowered and pay off my loans, and the Credit Cards which are now in collections. I cannot handle this debt on what I make, because my job has cut hours, and cut completely out overtime. I was told by someone who went through Credit Counseling, and she sent them the money that they were suppose to send the different bill collectors to pay their debt, but the Credit Counseling took too long sending out those payments, and she received numerous of calls from her debtors. Eventually the money was sent to her debtors, but it caused her credit to look worsier on her Credit Report, than if she would of handle it herself, because they took too long sending the payments. My question is, Is getting help from Credit Counselors the way to go?

NICOLAS