We Handle Debts

Joe answers:

Tell them to go ahead and try. Social Security is not garnishable except for back taxes. In addition, the maximum amount anyone can garnish of wages is 25%.

Next time they call, ask for their company name and address – they have to give it to you. When you get the name and address of the company, write a letter, return receipt requested, to them that formally requests that they stop calling. Under the Fair Debt Collection Act, if you request that they no longer call, they can’t call. This should be done in writing so you have a record.

Joe answers:

Contact your lender and tell them you are disabled. You will have to submit paperwork and sign releases and have your doctor sign off on it. They will do their own investigation and let you know their decision. For my hubby, his loan was “conditionally” discharged for a few years first. Then his situation was re-assessed before it was completely discharged.

Also, if you have let your loan go into default, that will still be on your credit report. Even if you get it discharged, it will still be on your credit report, because you were still delinquent in the payments of it and let it get into default.

Joe answers:

School loans – installment loans – not bad for credit.
Home loans – mortgages – also not bad for credit.
Credit cards – revovling credit –

Do not ever open any new insalment loans 18 months before making your home purchase. New credit.
Do not open any credit cards 6 months before your purchase.
New credit reduces scores.

If you get a credit card.
Use it for something you need like food or gas and pay in full each month.
The card company reports to the bureaus on the closing date and it will show usage.
And it makes the card company happy since they charge the merchant 3% of every purchase.
You need to show usage on the card.

Do not carry balances on credit cards.
This can easily destroy credit and devastate your goals.
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Joe answers:

I would consolidate it all by “selling the debt” to some
clever company with whom you can discuss a better interest rate, they pay your debt off for you then you just pay them, they get some good interest, you pay a lower interest… Both win.
But you don’t want to trust just about anybody, read up on it, get ammo first then it’ll be easier, here you’ll find tons more info than I could possibly
post here. It’ll take a bit but it’s your money and well worth
taking your time over it

http://credit-cards.ebookorama.com

and here http://finance.ebookorama.com
also plenty more to read here

http://credit.ebookorama.com

http://credit-repair.ebookorama.com

Joe answers:

Credit score is not credit report. Score is a commercial product you will pay someone for.

Www.annualcreditreport.com

is the website the government set that gives you one free report a year.

Joe answers:

First off, when they ask about or they say their records show certain accounts/debts, these are trick questions. Only you should know what types of debt you have. You should be concerned if you answered ‘no’ to the ones you know you don’t have and then they deny you access.

AnnualCreditReport.com is the only government approved site to receive your free credit reports. Any other site will want you to sign up for credit monitoring services.

If you want your credit reports mailed to you, you can call 1-877-322-8228 or you can print a request form (https://www.annualcreditreport.com/cra/requestformfinal.pdf) and mail to: Annual Credit Report Request Service, PO Box 105281, Atlanta, GA 30348-5281.

Here’s each credit bureaus address & phone number:

Equifax
P.O. Box 740256
Atlanta, Georgia 30374
1-800-685-1111

Experian
P.O. Box 9532
Allen, Texas 75013
1-888-397-3742

TransUnion
P.O. Box 6790
Fullerton, CA 92834
1-877-322-8228

Secondly, do not use a credit repair service. They charge you loads of money for something you can do yourself for free. They make a lot of empty promises.

Joe answers:

I used this company. I was with them about six months. To tell you the truth i did not see any different on my credit report. I spoke with a worker in the office when i signed up. I did not recieve any information in the mail , and i wasnt called to let me know if ther were any changes on my credit report. You have to have a checking accout so that they can take it out of your acccount every month. No coummuication at all with this company. I would not use this company again.

Joe answers:

Your credit report and score doesn’t care if you have prime or subprime cards. But, if you have a subprime card on your reports (like Aspire) and try applying for a prime, the prime company may notice. (That doesn’t necessarily mean getting denied with a prime company though. But it might(?) mean a lower limit or higher scores)

As for applying “through” that site you’ve listed, I wouldn’t recommend it. Always go to the home site of the credit card you are applying for. Don’t trust putting your sensitive info on any application through a site like the one you listed.

I’m not saying that particular site is bad, I don’t know, but I do know that people have had their ID’s stolen by going through similar sites when applying.

As for the Amex Blue, it is hard to get unless you have pretty good credit. Most Amex cards are hard to get without a good credit history, but Blue is one of the harder ones.

Since you didn’t list your scores or your baddies on your reports you might go to the link I’ve provided. Click on forums then look at the upper right corner for CreditPulls.

You can put your score (or a few points higher score) and click on the search button. When the results come up, click on score and it will sort it from the highest to lowest scores. It will list many different things – what card it is, if the person was approved or not. How much the credit line is. Many times it will say what baddies were on the peoples reports at the time of applying. And much more.

After looking through that, you might look through the credit forum. Do searches on the card you are thinking about and then read of others experiences when applying etc.

You might also learn how to deal with any baddies on your reports if you have any.

Joe answers:

Accurate negative info stays on your credit report for 7 years from the initial date of default. “Credit repair” firms have no special power to go into your credit report and zap out all the negative info. All they do is dispute (and re-dispute) every negative item on your credit report and hope that the credit bureaus cannot validate the info. If the credit credit bureaus cannot validate the items in 30 days, then they are obligated to remove the items completely from your credit report. In essence, getting the negative info removed on a technicality

* If you have unpaid debts and the “credit repair” firm starts bombarding the collection agency with dispute letters, they might get mad and try to come after you again for the debt again.
* Chances are fairly high that accurate negative info will just get validated as accurate and it will stay on your credit report Even if the tactic works and the credit bureaus remove some negative items, they might come right back on your credit report in a later update
I have more info on credit repair at http://catdadsblog.wordpress.com/credit-repair/

Joe answers:

Nope, unless they take you to court and your bank received a subpoena from them.

Joe answers:

IF you’re in default–probably! Pay off your student loan, pay a little bit every month. As long as you’re paying and NOT in default, you’re OK. If you lose your job, get a deferment until you’re working again. You can’t escape, so best bet is to pay up as you go along. If you slip by this time, they’ll get you next time. So IF you get the refund, do yourself a favor and pay off the student loan!

Joe answers:

You can get a list of all his loans from his school’s financial aid office. They can also give you advice on how to consolidate loans. If he has a whole bunch of federal loans, the government does offer a way to consolidate them. If he has federal loans, go to www.dlservicer.ed.gov and login. There will be an option to consolidate loans. If he has more than federal loans, many banks and companies offer consolidation of loans ay lower interest rates. My favorite is citibank through their program called citiassist, this can be access at www.citiassist.com. There are many others. I receive offers in the mail constantly, and I’m only a junior in college. I hope this info helps!

Joe answers:

People with poor credit feel that it is difficult to get personal loans. However, there are many financial companies and banks that provide loans to bad credit applicants. Bad credit personal loans are generally soughtThe interest rates on secured loans are lower than unsecured loans. However, there is always the risk of losing your house or property if the loan is not repaid.

Joe answers:

I am in the same boat. I would really check the interest rate and the terms before you sign anything. You may get excited the first time you are approved but end up paying thousands in interest alone. Let me know if you find anything!

Joe answers:

There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.

Http://www.axalda.info/bad-credit-loans.html