Mortgage and Insurance » still-within

Need some really good advice on how to execute my plan

admin — Fri, 25 Feb 2011 03:36:29 +0000

So I have been lurking around the forum for a few weeks trying to get as educated as possible. Being as new to this as I am, I’m still really confused and frustrated. I ran up a lot of bad credit when I was in my late adult teens-early 20s and now it is coming back to bite me. I admit to each and every debt that I have, but I haven’t exactly had the funds to pay them (until now) or I have completely forgotten that they were there. I’m trying to get my credit in order b/c my husband and I really want to have a house in 2 years. I really don’t want my carelessness as a dumb kid to haunt me forever. Here is the breakdown of my credit report:

3 apartment bills- all PAID

2 medical bills-Â totalling $1187 (still within SOL)

2 cable bills- both PAID

Capital One C/O- $745 (still within SOL)

Scholastic- $44 (still within SOL)

Columbia House- $107 (still within SOL)

medical bill- $50 (NOT within SOL)

Any advice as to how I should tackle these? I am thinking that I need to send Goodwill letters to all of the paid collections, wait until I have the money to PIF for PFD on all of the collections that are withing the SOL. Which ones should I start with. Should I pay off more of the smaller amounts so I don’t have as many individual collections on my credit report or is it the large balance accounts that are hurting me more? And what about the medical bills? I keep hearing people mention HIPAA? Now I know that there are some accounts that are small and I could easily just pay, but I want to make sure I am doing the right thing to get this stuff off my credit.

Also, I just applied for a secured credit card that I will use for groceries and gas (which are budgeted every week).

Any advice is happily welcomed!

goodwill adjustment gemoney

Help with "loan Shark"

jedwan — Fri, 18 Feb 2011 12:18:34 +0000

Hi Everyone,

Need some assistance on dealing with an unsecured personal loan I received in 7/2007 for 3500.Â It was through Quick Click Loans.Â My DOFD was 1/2008.Â Currently,Â they are the OC and are posting on one of my CR.

I am trying to resolve this account however the interest rate was at 56% (I know its bad!! I cant believe I did it but need to fix it now)

The balance on my CR states $2975 which I have no problem with since I owe it.Â However,Â they have been charging interest on it since 1/2008 and my past due balance is $8400.Â I have tried calling them, and they will not work with me.Â Ive actually consulted with a consumer law attorney and didnt get much help.

Am I stuck with paying this ridicolous amount of interest??Â Â Im concerned cuz the high interest is buildingÂ monthly.Â If I dont pay now they will sue me with even more interest.Â I can pay the 2975 however can not do the 8400.Â This is keeping me up atÂ night!!!!!! and putting me back into a debt depression!!!!Â Â I cant DV cuz they are the OC

This is still within the SOL.Â I have a feeling they are trying to get the balance as high as possible and then sue me when it gets closed to the SOL being up.

Though I would reach out in a last ditch effort for any suggestions.

Point me in a direction please

admin — Tue, 18 Jan 2011 22:17:53 +0000

I have several medical collections some are still within the SOL and a couple are not.Â I owe these to a hospital, and they are not paid and show a balance on my CR.Â Also,Â I have paid a few already (before I found this site) to the CA.Â Can I still do the HIPPA letter series or what is my best course of action?Â I did send PFD letters to the CA reporting but haven’t heard back from them.Â Thanks

Much to my dismay

jedwan — Sat, 08 Jan 2011 02:29:36 +0000

Much to my dismay… I am contemplating the idea of establishing a debt repayment plan with CA Client Services, Inc for a charged off GEMB/JCP credit card in the amount of $2703 (still within SOL). This account has been assigned, not sold…The rep at the CA stated they don’t report to the CRA. Does anyone have a sample letter that I can send to them stating that I agree to pay back in full, given that they not report to CRA??? Thanks!

Help with CashCall Settlement – Need Advice!

jedwan — Fri, 10 Dec 2010 01:38:40 +0000

Hi guys,

I have an old loan with Cashcall (I know, stupid move) that was charged off in July 2007. DOFD is March 2007. It is still within SOL (4 years in my state). I have been receiving several emails from them for the past year attempting to settle the loan with me for $650. I am now coming into some money and would like to take care of this but wanted some advice.

Has anyone had experience settling with Cashcall? I want to offer them a settlement and in return have them remove the charged off status and hopefully remove my lates as well.

I know that it will officially be out of SOL in a few months but I am planning on buying a new car (current car’s transmission is shot) and need to get this cleared up asap.

Any advice?? I appreciate your help guys!

Big accomplishment, small letter

admin — Thu, 06 May 2010 17:55:06 +0000

About a month ago, while perusing the boards here, I found a GW letter to a president of a company.Â I copied it, put it into my own situation and sent it to the president of Swiss Colony which owns several other companies and are allÂ C/O on all three agencies.Â I kept it short to the point and mailed it.Â Today, May 6 2010 I got a letter from the credit department stating they were deleting all derog. from all three report, They are deleting seven accounts!.Â Great, could not have done it if not for the info from this board, for that, Big Thanks!Â Now I have this Cap one account and I wrote them to try to re instate the account so I can have some credit, and they wrote me back stating, THEY CANNOT FIND THE ACCOUNT!Â Umm, then what are they reporting?Â I had a CapOne from 2004 still within the SOL, and I do owe the debt ( minus outrageous interest) so What now?Â I called them they said I had to write to them, did that, and they have no record of it.Â Any thoughts?

Comcast Collection, Can I DV within SOL?

jedwan — Sun, 07 Mar 2010 02:06:13 +0000

I am trying to help my gf to rebuild her credit. She has a Comcact bill ($78.00) that went to collection – Credit Protection Association, that she never knew of.Â

DOLA is Oct 2008 and I am pretty sure it is still within SOL, since California is 4 years if I am correct. Is it still recommended not to DV and PFD? Do we have any other option?

AMEX C/O MIA … weird

jedwan — Wed, 03 Mar 2010 05:47:39 +0000

Pulled report today and discoverd my AMEX CO disapeared from the reports in all 3 CRA.

Only CA assigned shows. And no, I’m still within the 7.5 years of DOFD

Very weird….

Message Edited by GordonShumway on 03-02-2010 05:52 PM