Search forum

My wife and I have been in some financial troubles for the past 2 years and we have been slowly taking care of our debts but recently received a settlement that will allow us to take care of all of our debt. I am a bit confused on the best course of action to take to help set us up so we can rebuild our credit scores. The majority of the damage has been done as our credit scores are in the 500's with various accounts way behind and in collections. We have many settlement offers on the table, so should I just take those or should we pay the full amount that is owed?

An old AMEX credit card debt opened with ss# was "charged off" last month by AMEX and sold to a junk debt buyer. I just pulled my credit report this week and there the debt is not listed anywhere. I was expecting to see AMEX listed with a $0 balance because it was opened with a personal ss#. Does it now show on a credit report because it was a small business cc? Is there any way to look at this type of debt? I wanted to look at the date of last activity.

Thanks to the many that have guided me through this crazy Loan Shop Online payday loan problem I have sent them numerous emails and they have in turn sent numerous emails back to me saying that they won't settle for anything less than the original loan amount of $100, regardless of the fact that I have already paid them $45. And yes according to Iowa State Law, internet payday loans are illegal and have sent the appropriate letters stating as such.

Sorry if this is a stupid question - If the SOL expires on a creditcard account of mine on 10/4/09 and a C/A files suit on lets say 10/3/09 would the SOL go by the date the summons was filed or the actual court date, which would obviously be after the 10/4/09 deadline?

Ok...here is my situation- I have 8 credit cards that I am now past due on because I was no longer able to make even the minimum payments (the interest rates on the cards were anywhere from 16-23%). I owe just under 19000 total on the credit cards currently but I know late fees and interest will bring that amount up. We just bought a house (my boyfriend and I) in April 2009 so that payment is an obvious priority for me.

We filed bk 3 years ago, and now one of the people that we filed against has a lawsuit with us on it for the same thing that we filed against?

ERC Group called my husband's phone. Eck gads! Didn't want him to know that we had some nsf charges on our old bank dating back close to 2 years ago. It's one of those bills that I've got to get paid but the funds are extremely tight right now. After my husband called me and told me that I immediately came over and printed out a c&d letter and faxed it to them. Hopefully they won't be calling my husband anymore. Now which letter do I sent to Wells Fargo?

My Citi credit card balance charged off about three weeks ago. About 3-4 days after it charged off, I started getting calls and v-mails from United Collection Bureau (UCB). They were always very vague and said something like "This is Ms. Hudson, call us back at 1-877-305-3310, and reference number XXXXX)." I've pretty much deducted this is regarding my citi account, but haven't answered or responded. Then two days ago I get a letter from UCB, stating that I owe a debt to Citi which need to be paid at an address listed, unless I dispute the validity of the debt.

Hello All- I am in the process of disputing a charge on my credit report. In my review of the reponeses from the credit agencies, I notice an item that isn't mine. When I was in FL in 2004 I was a victim of what the police called mail identity fraud. Essentially, people pull a name and address out the phone book, go to a store and open up an instant credit account using a random social security number. There were a total of two accounts opened and one denied. I only knew about it when I received the bill for the two accounts opened and a denial of credit for the third account.

I am in Arizona, I don't know how to dig myself out of the pay day mess I got into. I have payday loans with the following: Cashjar 400.00 WeOffer Cash 300.00 CashandDash 400.00 OneCheck Cash 300.00 Any help would be greatly appreciated.