If your account has already been charged off and is in collections, you can negotiate a settlement on your own. Don’t pay anyone to do a settlement. Most debt settlement companies are pure scams. Depending on how long ago you defaulted, you may be able to settle for 25% to 50%. Lump sum [...] [...more]
One day, maybe tomorrow, maybe ten years from now you may receive an anonymous envelope through your door. It will contain a 9mm automatic, a name, a time and a place. You know what Jesus wants you to do.He died for you so that you wouldn’t have to go to hell when He comes back. [...] [...more]
Here is the thing about trolls they are desperate for attention. However the attention from one of their question only lasts for so long. So they have to ask another to get more attention. Then another and another and another and another and another…. Trolls then lose points and I gain two. The ultimate resource for debt [...] [...more]
Derogatory items age off your credit report 7-1/2 years from the date of first deficiency. This is per the FCRA and nothing restarts this clock. If you defaulted on the debt 13 years ago, it shouldn’t show up on your credit report. You can dispute it with the credit bureaus if [...] [...more]
Take notes: This may not be a real collection agency. It may be the collections office (a secretary at the office) that sends out these official looking letters. Check your credit reports – I have a feeling I am right since the amount is so small. check them at Annual Credit Report. com Reports are free- always have been – no [...] [...more]
Hi, It is possible to get rid of debt, but you have to know exactly how to do it.There are many companies , that offer that service, but unfortunately most of them are scams. Last year I found a site that helped me to save more than 30% … They are one the best companies [...] [...more]
It is true that you cannot make a settlement payment on most student loans. It sounds like your loan went into default and was turned over to a collection agency. It is out of the schools hands at this point. I don’t know anything about Mass. law, but normally, if a student loan goes into default, [...] [...more]
You can try to deal with the collection agencies but make sure that you get documentation for every conversation or request that you have everything done in writing. Collectors are notorious for telling you one thing and doing something completely different.You might be surprised that the people working in debt collection agencies are willing to [...] [...more]
They enter into a contract with the original creditor. There are a couple of ways to do this. They collect on a commissions basis or the buy the rights to the debt. If a commission, they collect on behalf of the creditor and get a percentage. If they buy the debt, [...] [...more]
Probably – if a debt got turned over to a collector, there is every chance that they reported the debt to the bureau. Pull your reports from http://www.annualcreditreport.com to see if it was reported.The collection agency has the right to report it to the credit bureau. But some agencies will only report to [...] [...more]
