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held up with credit cards

Date: Thu, 01/17/2008 - 22:25

Submitted by anonymous
on Thu, 01/17/2008 - 22:25

Posts: 202330 Credits: [Donate]

Total Replies: 3


I am a twenty year old student and am employed as a part timer. Recently i took a credit card. However i got a call from a collection agency stating that i have loans of about 2k and if i do not pay up in the stipulated time period they will send me to jail. Now that's absurd! I am sure there must have been a mistake somewhere, but i am a complete newbie regarding loans and debts and have no idea whatsoever to whom to turn to. Any advice would be of immense help. thank you!


And, no matter what they say, they can not send you to jail or anywhere else for a debt. Period. Just telling you that they can is a violation of federal law in itself.

Document the calls or tape them if it's legal in PA. You might want that documentation later to spank them for hassling you.


lrhall41

Submitted by unclewulf on Fri, 01/18/2008 - 06:46

( Posts: 3172 | Credits: )


Lotus92, the best place to get your credit report from is annualcreditreport.com It is a site from the Federal Trade Commission. Per the Fair Credit Reporting Act you are entitled to receive a copy of your credit report from each of the 3 major credit reporting bureaus once per year (the 3 are Equifax, Experian, and Transunion) you can check them online (if you do so I would suggest saving the webpages so you can refer back to them later if need be) or you can request them to be mailed to you.


lrhall41

Submitted by JCEMT on Fri, 01/18/2008 - 07:01

( Posts: 2934 | Credits: )