Which is worse to appear on a credit report, a charge-off or a collections account? Citicard charged off an account of mine that was passed around to different CAs. I am now working with a company called FMS (I understand LVNV owns them)and have been making payments through an agreed payment arrangement. I noticed on Equifax and Experian that the Citicard charge-off is gone, but there is now a collection account for LVNV for that account. I am not sure if I should be happy the charge-off is there or worried that the collection account is.

I have been reading your board and have a few thoughts. 1. I have seen several times your moderators advise people to not pay bills or go after the collector. Why do you think not paying a debt helps someone fix bad credit and why do you think sending a c-d letter helps when all that is going to do is force the creditor to sue or resell the paper. 2. Why do you not advise of the legal consequences of non payment. I am not talking crazy threats but legit consequences like wage garnishments, tax withholding, bad credit, judgements and liens.

what is the number to 500cash

If I work, my salary would be $3200 a month and after required deductions, I would have about $2450, left. Then I would have to pay health insurance, car payment, car insurance and gas, which total $1350. Now, I have $1100 left. if my wages were garnished (25% of $2450), then that would be $612. So, after working full time, sometimes more than 40 hours a week, I would have $488 to live on(housing, utilties, food, clothing, medical, dental) If i don't work, I do not have the car expenses(car payment, gas, insurance)because I can borrow my sister's car if I need to drive, or I can walk.

I just tried to send an email to ameriloan and it was returned. Does anyone have an email address for these people, and maybe a fax number? I have their physical address as 3531 P. Street NW- Miami, OK 74355 can someone tell me if that's correct?

I've been reading the post about MTE/Rio Resources being banned by OK to loan money and that all loans are considered null and void. Now since it's my understanding that ameriloan is affiliated with them (among a vast assortment of other names they go by), is it correct that any loans with AMERILOAN are also null and void? If I'm not understanding this correctly, could someone simplfy it for me?

Ok I've been attacking my bad credit for quite awhile now. My ex racked up 17k in debt under my name before I filed for divorce. Thankfully I was able to work with the agencies and was able to cut that down to only 2k with the rest being removed from my credit report completely. Anyway to get to my problem. I was looking into buying a motorcycle for commuting (100+ miles per day) and when they ran my report 2 new, old items showed up. For the first one, I signed for 2 loans for my ex and myself to go to truck driving school as a way to remove myself from a bad situation.

will fling for bankruptcy stop the harassment of loan collectors.my credit is terrible and i dont have the money right now to pay off my loan.

I have having a hard time pulling up the links showing me a cease and desist letter. Probably my computer. Could someone PLEASE post an example of a cease and desist letter for me? I have a feeling I'm going to need it for Cash Today, maybe others. But can't pull up the links. Please help! THANK YOU!