Posted on 26 August 2010
Doing that will cost you more in interest and amount you owe.Talk to your creditors and work out a plan to pay a lower amount.Take care of school bill first if it is a federal loan as Gov can have it removed from your civilian and Mil. pay and tax return.The hospital-offer them an amount [...] Continue Reading...
Posted on 26 August 2010
The only options are: 1. Keep paying each card separately. 2. Transfer all the balances to a single card and pay it. 3. Go to your bank and ask for a personal loan, pay off all the cards and then pay the bank back. Frankly, only option #1 makes any sense.You can do it yourself. Many [...] Continue Reading...
Posted on 26 August 2010
Are these items in collections – or just merely still just bills? Either way get a book on Credit and Debt Repair. These books will teach you how to negotiate, settle, reduce payments like a pro. Truly amazing how many tricks there are. Grab your car keys and go to any bookstore or library. There is a federally approved agency that [...] Continue Reading...
Send it to them again. This time, certified mail. Keep a copy of the letter and the certified mail receipt. Then you will have proof that they got it. You could also send it via Fex Ex. But that is more expensive then certified mail.Did you send it certified, return receipt? And did [...] [...more]
Charge off is an accounting procedure where the creditor removes bad debt from their books. It does not mean you no longer owe the debt. In fact, Capital One probably already charged off your account at the 6 month default date. They will win a judgment for the credit card debt that you owe. [...] [...more]
Carrying balance of more than 30% of your limit hurts your score. Pay off the balance and your score will quickly rebound. Best way to use a credit card is to pay the balance in full every month. This builds credit history and saves interest.It comes down to your debt to income [...] [...more]
