Credit
debt?
Shared by Nery: i am in like over $30,000 debt. is there anyway i could make money with out really budgeting? keep in mind that i own a store, so i have to buy items for it everyweek.
oh yeah. and theres a baby in my family too. and ive previously owned another store.
How do I find out which debt collection agency is holding my old debt?
Shared by Cheri: I had a rough time a few years ago, and stopped paying my credit cards and cell phone to be able to keep paying the rent and then i lost my job, it was all sent to debt collectors. I’m ready to get this taken care of so I can rebuild my [...]
Can a debt continue to accrue interest after it has been sent to a collection agency?
Shared by Rubin: I have a debt with a bank that went into default and is now with a collection agency. I’ve been told that the debt is continuing to accrue interest. Is this possible?
Can a debt collection agency attempt to collect money they say is still owed to the original owner?
Shared by Kristen: My husband and I purchased a vehicle in 2004. We couldn’t afford the paymets, so we returned the vehicle to the bank. They sold the vehicle for less than what was owed. Now three years later, a collection agency is trying to get us to pay what is owed. Our credit report [...]
What are the pros and cons of using debt relief agencies to get rid of debt? What does it do to your credit?
Shared by Jazmine: Those debt relief agencies that help you get rid of debt fast tell you to stop paying your bills and instead you pay them. They then use the money you send them to negotiate lower payoffs to your lenders. What are the pros and cons of doing this and how long will [...]
What are the remedies against an agency trying to collect a debt past the statute of limitations for my state?
Shared by Tyron: The statute of limitations for collecting debts in my state is five years. Some collection agency claims to have bought up an old debt from the year 2002. The company claims that they sold the debt and washes their hands of it. I called the collection agency and told them of [...]
What is the best way to settle credit card debt?
Shared by Valentine: I am in search of a company or method that will allow me to settle or consolidate my credit card debt. I have researched some companys but I am not sure what is real or a scam. Fidelity debt solutions is one of them. Has anyone had any luck with any of [...]
How long after a debt settlment program does your credit go up?
Shared by Joleen: On average how long does it take? Once through the program if you compare 2 people, one with debt and high score. The other with “bruised” credit and no debt and almost high score which one is better?
What is the difference between good debt and bad debt? And could you give me expample of each?
Shared by Shoshana: I just read somewhere where you can make money off your good debt. I just wanted examples of this.
How old does a debt have to be, before you are no longer legally bound to pay it?
Shared by Nathanael: I remember hearing once that a debt after a certain amount of years, is moot. Does it depend on the state where the debt occurred or you current state of residence?
I heard that collection agencies that specialize in buying old debts, to try and collect on, **** for people to know [...]