Is credit card debt considered an open account or a written contract?
May 28, 2009 | 1 Comment
I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written contract in the State of Georgia, the Statute of Limitations may or may not apply. The Staute of Limitations is 4 years for open accounts and 6 years for written contracts. Does anyone know for certain which type applies for credit card debt in Georgia? The account is with Citibank MasterCard and was opened in the late 80's or early 90's. Thanks.
Where can I find reputable debt consolidation programs?
May 28, 2009 | 1 Comment
I am wondering where to find a trustworthy list of reputable debt-relief/debt-settlement or consolidation programs. I also need to know where to find a comprehensive list of ALL of my debts (not just the ones appearing on the credit report).
Thanks.
Can anyone tell me a good place to get a debt consolidation loan?
May 28, 2009 | 1 Comment
I also need info on what it truely means to get a debt con loan.
How do I find out which debt collection agency is holding my old debt?
May 27, 2009 | 1 Comment
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 credit somehow, but I don’t know which companies hold the debts. How do I find out? I haven’t heard from any of them in almost a year.
Debt consolidation will leave you with a huge debt ratio, and close all your credit cards?
May 27, 2009 | 1 Comment
When you consolidate debt, it shows all old debts as being paid, etc, but the one new debt ratio, which is the amount being owed to the consolidation company will be huge. QUESTION: Does It lower the credit score to have a huge debt ratio like this?
OTHER QUESTION: and you also want to have say, 3 credit cards, (3 of them is the number you want to have a good credit profile, right), then the debt consolidation companies close your credit cards or do they not? How does it work
Can you use a student debt consolidation loan for personal use?
May 27, 2009 | 1 Comment
I have researched online and am still not clear on how this works. I really need a personal loan to help out with some other bills and am no longer able to take my classes. I am now in deferrment on my federal loan and they don't do credit checks or anything for a consolidation loan. Just curious.
Can Asset Acceptance LLC resubmit a debt to the credit agencies after statute of limitations?
May 26, 2009 | 1 Comment
Asset Acceptance is holding two small utility debts of mine. The statute of limitations has run out but they resubmitted the debt to the credit agencies as if they are new. Can they continue to resubmit a debt after the statute of limitations has run out? How do I fix this?
What are the options with consumer proposals and debt consolidation ?
May 26, 2009 | 1 Comment
I am considering filing bankruptcy. I know that consumer proposals – debt consolidation are another option. If anyone can give me information on this it would be much appreciated and the most thorough answer will get 10 points – again thanks.
Where is the best place to go for a debt consolidation loan that won’t hurt my credit?
May 26, 2009 | 1 Comment
I have a ton of revolving debt (mostly credit cards) and just bought a house 5 months ago so I don't have much for collateral. I've already been denied by a bank so is there anywhere I can turn to for cosolidation purposes that isn't going to kill my credit? I want to consolidate my high interest credit cards onto a lower interest loan and need suggestions.
How many times can the same debt be placed on your credit report?
May 25, 2009 | 1 Comment
I have had the same "debt" put on my credit report by the original lender, a collection agency over 2 years ago and now a brand new collection agency. I questioned the original debt on my report and they removed it, and now, it has obviously been sold to another collection agency who has put it back on my file. The original debt wasn't even mine, it was my husbands so I don't even know how it is getting on my file. If it helps, I live in Ontario, Canada.