SF Happy meals

Nov 102010
 

Our Democractic process ( best on Earth ) has determined that Majority rules. No toys in happy meals, deal with it.

Questions on disputing charge offs and PFD

Nov 052010
 

Hello all,

 

I am brand new to this forum and just yesterday began with credit clean up after a discharged bankruptcy in 2005 and unfortunate lay off for almost the past two years. My first question is this: I have alot of accounts that are on my report that are showing as charged off and derogatory but I do not have record of these accounts. I mailed in disputes for these accounts to all 3 of the CRA’s. Is it reasonable to expect the CRA’s to do a throrough investigation or am I being naive in expecting this derogatory accounts to be deleted?

 

My other question is this: I have 8 collection accounts ranging in age from 5 yrs to 1 yr of age. I’m not quite positive of the amount that I do rightfully owe so I’m wondering if I should dispute/validate them before I send letters to the CA asking for PFD. The second part of this question is that I’ve been doing alot of research on PFD and have seen the majority of sources advocate an offer of no more than 25% of the debt owed with the thought process being that these CA are have only paid 7 cents on the dollar at most for these old accounts so even collecting 25% is a handsome profit for the CA’s. Any thoughts or people who have had the same problems/experiences?

 

Anything information would be much appreciated!

Thanks

Angela

Improve Credit Score?

May 172010
 

I was just wondering what a good firat step would be for me.  I would like to buy a house next year and I need to improve my scores.  Currently They are 574(EFX) 656(XPN) and 607(TUC).  I have some charge off accounts, the majority of which should be off of my reports by May 2011.  Should I start by paying the more current ones off, or would it be more helpful to get some new credit going and try to establish some good standing credit lines first? 

May be an elementary question…

May 072010
 

I realize this may be an elementary question, but….

 

Which report can I get that will show when an item will drop off my report?

 

I got my free reports from annualcreditreport.com (all except for TU since they say I have logged in too many times, but I digress…) today and I don’t see the date my negatives will be reported until.

I have been reading (and reading!!) here and I see a lot of scenarios that say “reported until …”.

I am hoping the majority of my baddies will drop off this year, but I just want to be sure.

 

I also am wondering if you have any opinions of Credit Check Total. I am considering signing up for the trial to see how I like it and then continuing if I find it to be a good service. I am looking for a service that allows daily pulls and score updates.

 

Thanks to everyone for their input!

 

 

GM Pays Back?

Apr 212010
 
Is it really a pay back if you take tax payer dollars to pay back other tax payer dollars?  Give me a break!  This is a good example of why the Obama Administration has no credibility with the majority of American people.  Nice try though…

TCW mortgage funds win majority vote from investors

Feb 252010
 

UK trims support for Northern Rock depositors
The British government said Wednesday that it will withdraw unlimited guarantees for depositors in Northern Rock in May as another step to preare for the mortgage lender’s return to private ownership.

Read more on AP via Yahoo! News

Fed Chairman Bernanke sees low rates amid signs of weak rebound
WASHINGTON—New signs emerged Wednesday that the economic rebound is sputtering. Sales of new homes hit a record low last month. And mortgage giant Freddie Mac signaled it will need more federal aid—and might never repay it.

Read more on Texarkana Gazette

TCW mortgage funds win majority vote from investors
NEW YORK, Feb 22 (Reuters) – A majority of institutional investors in TCW Asset Management Co.’s Special Mortgage Credits Funds I and II have decided to remain in those portfolios, a spokeswoman at the firm said on Monday.

Read more on Reuters via Yahoo! Malaysia News

TCW mortgage funds win majority vote from investors
NEW YORK, Feb 22 (Reuters) – A majority of institutional investors in TCW Asset Management Co.’s Special Mortgage Credits Funds I and II have decided to remain in those portfolios, a spokeswoman at the firm said on Monday.

Read more on Reuters via Yahoo! Asia News

How to handle a medical debt

Feb 032010
 

Hello. Have been reading all (okay, most) of the posts concerning medical debts, HIPAA letter, etc. My eyes may be permanently crossed! I am so confused. Please reply in easy to understand terms on how I can settle this.

 

I went to an eye specialist in 2004. Obviously, insurance paid everything but $815. The amount that is showing on my credit reports just says medical collection, $1,125. Supposedly, the bill was sent to an attorney for collections and the difference was admin. costs, etc. In Dec. 09, when I paid out the majority of old collections in order to raise scores/start fresh, I called doctor’s office listed for the service to speak to office manager to try and settle account. Never could get a call back from her. Called back a few days later, got someone else who told  me account was under a attorney office. Called them, explained issue, was told that the amount was only the $815 and that I should just pay the dr. office. Isn’t this a discrepancy that can be disputed from my reports? Tried to call back to the Dr. office and the office manager would still not answer or return call. What do you do when they won’t try to assist you? Does using the HIPAA letter/process apply to my situation? This is the ONLY medical collection left( paid out one smaller one). Didn’t have a lot of collections, just a few old ones.  Also what is a PFD letter and what is it used for?