http://www4.law.cornell.edu/uscode/html/uscode15/usc_sec_15_00001693----000-.html All right guys, This little tidbit is federal law that deals with atm debit cards,ach,check by phone. It is titled the electronic fund transfer act.Have a good read.The url is from Cornell Law School who is providing site on direct from the ftc.gov site.

I have been researching debt settlement companies, but still confused on which one is best. Any recommendations? I'm in California. Is it wise to use an out of state company?

I am a single mother and soul provider of twin boys. I am on welfare and take home around $200 a week. Each month I am in the negetive. I have defaulted student loans, at one point i tried to work out a payment plan but couldn't start paying until a month later. The collector became very arrogant and told me then in that case there was nothing we could work out, he would start garnishing my wages.etc etc.

I’m trying to settle a 3 years old credit card debt. I have around $50,000 in credit card debt but right now I’m taking only about one, which is around 12,000. Using the sample letters and forms posted on this and the other related sites I sent a letter to a collection agency with an offer to settle my debt in full for 25% and report it as paid in full to credit agencies.

My husband talked to the PDL people today at the storefronts since we BOTH have some out at each place, and all but one was willing to work with us as far as a payment plan goes. They all said that after the check is returned to them as unpaid, they will set up the plan. That was wonderful news today :) There still leaves the Check N' Go storefront who did not want to hear a word of it, but we will just pay mine off there since the others will be at a workable level. What a weight off my shoulders :) I jusy wanted to share my great news so other people can see there is hope :)

Do you want to have a laugh and a half and get a better understanding of the kinds of people debt collection agencies employ? Just go to MySpace.com and type in any collection agency's name and see what comes up. WOW!

I signed up for the free consultation and they came back with "Consumer credit counseling of America" but when I checked the BBB they have an unsatisfactory record Do you have any other suggestions or someone has had a good experience with a debt consolidation Company?

http://www.ftc.gov/os/statutes/031224fcra.pdf The complete text of the fair credit reporting act.Very dry dusty text that will probably make your eyes cross reading it. This will come in handy for your disputes. This post hopefully will graduate to sticky level. :D

If you still need info on WebloansUSA they have a toll free number 1-866-897-6694 Their payday loans are based out of First National Bank of Kansas Hope that helps Lori Ann

Question 1: Can anything be done about creditors who show a negative debt on your credit reports as active (date reported)and it's been over the 7-year bad debt reporting limit? I have had (notice past tense)legitimate bad debts from the 80's and 90's. HOWEVER, those debts are WAY past the seven year limit to be reported. When I asked one creditor to remove the listing, he told me that as long as he keeps showing current (2005, 2006, 2007) dates reported, he can keep that bad debt on my reports.