How to consolidate credit card debts without hurting the credit score?
Q. The Details: My credit score - 735 Credit card debts - 21,000.00 Can only afford to pay 400/month Not a home owner What are my options to consolidate this debt? I don't want to go through Debt Management Program. I'm planning to score a mortgage within the next two years.
Asked by Nikki - Mon May 24 21:46:03 2010 - - 2 Answers - 0 Comments

A. You can use this credit monitoring service to pre-estimate future scores for different scenarios of such payments - credit-report-free.totalh .com
Answered by Larry - Tue May 25 02:38:04 2010

What happens to your debts when you become disabled?
Q. If you become disabled and can't work, and fall way behind on your bills, what happens? Then if you finally get on permanent disability and it still isn't enough to pay those bills, what happens to your unpaid debts?
Asked by kathleenjohnson - Tue Jan 8 16:37:41 2008 - - 2 Answers - 0 Comments

A. Your bills pile up high.
Answered by floridaman39us - Tue Jan 8 16:40:16 2008

Will my past debts become a burden to my fiancee once we are married?
Q. I am currently engaged to my fiancee. I have a foreclosed house and a car that got repoed, I owe back taxes on the property and thousands on the car not mention other credit card debts. My question is, when I get married, will my past debts NOW become my wife's debts? Will she become responsible for the money owed?
Asked by emarketingguyz - Mon Sep 14 14:36:51 2009 - - 19 Answers - 0 Comments

A. yes, they will.
Answered by XRatedMisfit - Mon Sep 14 14:41:19 2009

If I start paying on some of my debts that show on my credit report, How long will it take to show improvement?
Q. I want to start paying my debts to fix my credit score, I've been interested in becoming a police officer but my credit is terrible, which they do check. If I start paying my debts how long will it take to show any improvement? Is bankruptcy a good idea at age 27?
Asked by SGT K - Fri Sep 18 10:33:26 2009 - - 3 Answers - 0 Comments

A. Ask lenders for agreement to delete this items from your credit report when paying them. I recommend to get such agreement thru credit repair agency, for example this one - credit-report-free.totalh .com
Answered by Michael - Mon Sep 21 12:44:39 2009

Is it safe to rely on Debt Settlement Program to free from one's credit card debts? How about credit score?
Q. I recently heard on radio about a debt free program. They officially negotiate on your behalf with the credit card companies. What may be the Cons? Is it safe to rely on Debt Settlement Program to free from one's credit card debts? How may it affect one's credit score?
Asked by Peace Lover - Fri Jan 23 22:10:47 2009 - - 4 Answers - 0 Comments

A. Do not fall for these debt consolidation scams. The debt will still be there and also are your spending habits that got you there in the first place. You won't get yourself out of debt by borrowing. The only true way to get out of debt is to change your habits. One way is to get yourself enrolled in a good debt reduction program. There are many good ones to choose from. Sometimes it can be hard to choose the best one for you. You can visit the web site below for reviews of some of the best ones.
Answered by mianderson - Sat Jan 24 23:00:55 2009

what are the rules about debts that have been sent to collection agencies?
Q. Are debts void after 7 years? I have a collection agency calling me several times a day and the debt is coming up on 7 years old. I refuse to pay it because it is from a video store that says I didn't return a movie. It never happened. I disputed the debt in writing years ago but it made no difference. What do I do?
Asked by Annie - Wed Apr 16 23:37:05 2008 - - 5 Answers - 0 Comments

A. Yes, negative accounts should be removed after 7 years but you may need to request it. It's best to get a copy of your credit report (you can get one free report each year from each of the three reporting agencies) to review the account in question. It's best to correct the matter with the account holder directly, but if that does not work and it is 7 years old: Send a copy of your correspondence to the video company to each of the three reporting agencies. Include your drivers license with your ssn and a letter noting your dispute and the age of the account. It may take some time, but the agencies are required to fix it. Also note, if the account was sold, they may consider the 7 years to start from the new account... Good luck.
Answered by Milosc Leprechaun - Wed Apr 16 23:56:23 2008

How can a company that talks people into paying debts that they are not responsible for be reported?
Q. This is a company that collects on deceased person's debt. They talk family members into paying debts that they are not legally responsible for. The company does not tell them that they are not legally responsible either. The company takes advantage of people at a very vunerable time in their lives.
Asked by jan b - Tue Jul 22 20:14:50 2008 - - 1 Answers - 0 Comments

A. Contact the state attorney general's office in both the state in which the company is based and in any state in which they've collected those debts.
Answered by I Buy And Sell Houses - Tue Jul 22 21:00:47 2008

what is the best way to consalidate all of my past due debts and credit cards?
Q. I've heard financial advisors talk about consalidating all debts into a 0%apr credit card. But if i need to consalidate my debts evidently my credit isnt the cleanest thing on earth and getting a credit card with a 0% apr is almost impossible with my creditscore. What other options are there? Companies that offer consolidation have an apr that is so high it just puts you in even more debt. I feel stuck. Somebody please help!
Asked by thikingdomcome - Wed Dec 27 18:19:58 2006 - - 3 Answers - 0 Comments

A. Have you tried online, the internet yet. Consolidation loans are everywhere nowadays, you just need to pick the right one.
Answered by SEO - Wed Dec 27 20:36:43 2006

What is the difference file bankruptcy and no to pay off debts?
Q. Hi everyone could you please give me some advice telling me what is the best way to do my life easy because I am going crazy, I have a lots of debts and I dont know what to do I feel really scared filing bankruptcy or just no to pay. I never want to put myself in a mess, its horrible I am working very hard to pay my debts but I cant anymore. Please give me some advice. Thank you very much good people.
Asked by Family - Sun Apr 29 06:58:12 2007 - - 6 Answers - 0 Comments

A. I have had experience in this area. Like other people, I went to a debt management company who offered to solve all my problems. Basically the way they work is work out what you can afford to pay, take the remainder from your income and pay this to your creditors. However, there is one important thing, the payments they make are after deducting their percentage. This means that many creditors will not accept the plan because obviously, you are paying out money to someone else which is money they could receive to pay off your debt. The best advice I received was actually from one of my creditors - to contact the CCCS (www.cccs.co.uk). They are like a debt management company but instead, are a charity, funded by many including your… [cont.]
Answered by mantometz - Sun Apr 29 15:01:59 2007

How can you pay debts at law,If the states can only except Gold and Silver as pay meant?
Q. Our state Constitutions are all the same, (look it up) No state can ecxept nothing but Gold and Silver as the considration in paymeants of debts at Law. Your Mortgage Notes, car Notes Credit card debt,,ecttt.
Asked by bilat40 - Sat Jan 12 21:13:00 2008 - - 3 Answers - 0 Comments

A. Grace and peace to you. We can not, sense the bankruptcy of 1933. We only pass I.O.U.'s in the form of, Federal Reserve Notes. This is called Fiat money or currency by command, there is no gold or silver or any thing else for that matter, backing it. Peace.
Answered by strider - Sun Jan 13 11:52:42 2008

How do I find financial help to pay off my debts?
Q. I am disabled and need to pay off my current debts. Unable to get approval for small loan from any financial institution in the amount of $6000. I need an angel asap.
Asked by Angel - Fri Oct 19 16:22:28 2007 - - 3 Answers - 0 Comments

A. The answer to payng off your debts is not to accrue more debt by taking out a loan to pay off the old debt.
Answered by bmt330 - Fri Oct 19 16:40:10 2007

What exchange rate is used for paying debts in Euros today that were in the former European currencies?
Q. A friend who has personal debts from 1992 in Italian lira, German marks, Spanish Pesetas, and Greek drachmas wants to pay his debts. But, of course now they are in Euros. What exchange rate does he use to figure the value in Euros? When the currency conversion took place, I assume each former currency had a fixed rate to the Euro? What is it for these currencies? Thank you.
Asked by Richard S - Sat Jan 23 22:33:06 2010 - - 2 Answers - 0 Comments

A. you can see read article in for this I hope this will be resolving your problem.
Answered by Rendra Krestyawan - Mon Jan 25 23:11:10 2010

What company should I use to consolidate all my credit card debts?
Q. There's so many companies out there that's willing to consolidate my debts but which one does it the best?
Asked by knight d - Tue Jun 24 00:08:32 2008 - - 4 Answers - 0 Comments

A. I guess I would just make sure you are consolidating in the right way. Make sure you are paying a lower rate and there aren't any hidden fees with your new consolidation loan. You also want to make sure the rate can't jump up suddenly, which can leave you in a worse situation than before you consolidated. It's definitely not the only way, but if you are a home owner, you could consider a home equity loan or a refinance to pay off your debt. You'll certainly get a much better rate (average mortgage rates are probably somewhere between 6 and 7 percent right now, compared with credit cards that are usually well over 10 percent) and you'll be able to get a tax deduction for the interest you pay on your new mortgage. That's a huge benefit of… [cont.]
Answered by Quizzle - Thu Jun 26 14:43:19 2008

what is the highest percentage % that an energy company can recover for debts when a token meter is installed?
Q. i have never used one of these contraptions before, but the first few times ive put 10 from a card into it, its taken about 7 in debts and left me with 3 to use. theres no way i can afford to keep feeding the meter at that rate is it legal what the supplier is doing?
Asked by catweazle - Wed Jul 9 07:00:12 2008 - - 1 Answers - 0 Comments

A. You seem to be missing the point in that YOU do owe THEM money. How much is owed, and how long will it take to repay? You may be able to get CAB to intervene to reduce the clawback, but you would have to demonstrate that you are managing your debts and not just wanting that extra spending money for non-essentials.
Answered by Girlie Electrics - Wed Jul 9 07:14:39 2008

What happens to joint debts under bankruptcy?
Q. I went bankrupt 2 months ago. All creditor letter have been sent to the official receivers. Although one of the debts was a joint debt with my husband. The creditor is now chasing my husband for the outstanding amount. Is this right? Or should half the debt be written off under the bankruptcy?
Asked by Sandra T - Tue Dec 9 12:13:35 2008 - - 2 Answers - 0 Comments

A. They can not go after you for the debt. But since he didn't file Bankruptcy, they can and will go after him. And they can and will go after the full amount of the debt.
Answered by Mindy H - Tue Dec 9 12:21:49 2008

How to pay my debts as soon as possible?
Q. I live in the UAE and I have around US $ 110,000 debts. I pay each month more than 65% of my salary. But it never ends. I feel that I'm having more debts each time. I was trying to settle this down with the bank but according to the law in the UAE it is not possible. I have to pay the 65% and still feel that i have all this amount to pay. Please any tips or information will help. I really need to pay the debts as soon as possible.
Asked by Angel Mokka - Mon May 12 06:08:11 2008 - - 3 Answers - 0 Comments

A. Hi, I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
Answered by Jennifer - Thu May 15 15:48:37 2008

When is the best day of the week and time to collect unpaid debts?
Q. Statistically speaking. I have to collect on unpaid debts or I loose commission at my job. I would like to know the optimal time and day of the week to attempt to collect on the outstanding balances.
Asked by gigi bott - Fri Aug 10 12:23:43 2007 - - 2 Answers - 0 Comments

A. The people you work for cannot give you any suggestions? That is odd. Usually, collection agencies have training before they allow people to try to collect for them. There are laws that need to be understood and important techniques that have to be learned. To allow a newbie to just sit down and start calling is just asking to lose money. I would check with your manager and see what that person has to advise you.
Answered by A.Mercer - Fri Aug 10 16:59:39 2007

Anyone know how apply for a government grant to pay off debts?
Q. My husband and I owned a small business and when things we downhll with the economy, we found ourselves dealing with some major debts. We closed the business but have found ourselves way in over our heads in debt. We both have found full-time positions but the debts we have are more than we bring home and the moneys would be helpful. We have three childen, the oldest in his first year of college and the youngest, just an infant so if we knew where to start, I am sure we would qualify.
Asked by Lana - Thu Apr 16 13:01:08 2009 - - 2 Answers - 0 Comments

A. I found a great website to get money from the government to start my business. Sonia Boyd
Answered by 781,600 WEBSITES LINKED TO YOUR WEBSITE FREE - Thu Apr 16 21:31:40 2009

What does limited active accounts or debts reported mean?
Q. I just applied for a Best Buy credit card and was denied for this reason. They used Equifax as their source. I have tried to get a free credit report from all three agencies, but two of them would not give me reports online, and I believe Equifax was one of them. What does this mean? I have no debts.
Asked by sweetxsinxyuugi - Fri Jun 19 18:53:05 2009 - - 2 Answers - 0 Comments

A. It means you either have too few active accounts or you do not have any active accounts. Active accounts are current open lines of credit.
Answered by Dixie Darlin' - Fri Jun 19 19:05:52 2009

Who pays the debts of the people who file bankruptcy?
Q. Where do all of the debts go when a person files for bankruptcy? Do the people who are owed money absorb the unpaid debt, or is that left up to taxpayers?
Asked by Wicked Bad Nonsense - Mon Apr 13 14:57:00 2009 - - 3 Answers - 0 Comments

A. Those who are owed money absorb the debt, and indirectly pass it on to other consumers as they need to raise prices/interest rates/other requirements in order to make up for the lost assets.
Answered by tacoeater24 - Mon Apr 13 15:01:05 2009