For 8 years conservatives said nothing about their own rabid spending habits. For example, we spent $72 billion to subsidize big oil over 7 years between 2002-2008. “Of the fossil fuel subsidies, $70.2 billion went to traditional sources—such as coal and oil—and $2.3 billion went to carbon capture and storage, which is designed to reduce [...] [...more]
It’s because MOST people do not carry balances on their credit cards. Most people pay those balances in full every month. Of the folks who do carry balances, most only carry those balances for a short period and do not have thousands of dollars of credit card debt. It is really only a minority [...] [...more]
VS and BofA are no longer handling your account. The collection agency is, and you have to deal with them. What you need to do if you are going to pay these off is get the payoff or agreement you come up with with these people in WRITING before you send them a check. Most people [...] [...more]
Only if you’re doing this with a new credit card company and closing out the old accounts. Depending on the age of the accounts and the credit limits, your FICO may take a hit if you close the accounts. If you don’t close them and/or you are transferring to a different program within the same [...] [...more]
There are tons of books at the bookstore that teach you how to negotiate with your creditors. All this is free information. I can’t imagine these companies are making money from info that is in books. If people are paying for this service – they are dummies. Go to your bookstore. Look in the Credit / [...] [...more]
You call the credit card company and inform them you lost your job. Offer to pay immediately 25% of the balance. they will close your account Just keep negotiating till they accept. But make sure you have the cash to pay the agreed upon amount.It depends: Is your account still current….are you behind [...] [...more]
Write to the collector and ask them to verify the debt first. And NEVER send your credit/debit/checking account numbers to a collection agency. If it turns out you owe this money (and it sound shady that a collector is demanding a credit card for payment and wants account numbers), pay by postal money [...] [...more]
You don’t need a credit card to check your credit report. annualcreditreport.com is the real free site to check your credit file for free once a year without a credit card. https://www.annualcreditreport.com/ – NOT freecreditreport.com - ——————————– There is a statute of limitations for credit card debt, which is the amount of time that they can successfully take legal [...] [...more]
I wouldn’t as you will incur a penalty that would not be worth it to me. What I did was get an unsecured signature loan to lock in a decent interest rate, paid off the balance, and closed the card account. Or, you can play the new-card balance transfer game. There is more than one [...] [...more]
If you were told you WILL be sued, the collector is LYING, and no law firm is involved at this stage. If you have actual paperwork from the court, Contact the attorney and attempt to negotiate a settlement. The law firm employs intelligent life, unlike the collection agency. They actually settle these [...] [...more]
