We Handle Debts

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

Joe answers:

I myself have not used them but in doing research have found that the BBB rates them C+ due to 30 complaints filed against them.
You can read about the complaints filed with the BBB at the following web site

http://www.bbb.org/central-alabama/business-reviews/debt-management-services/allegro-law-llc-in-prattville-al-90022804

Here are some warning signs you should be aware of when dealing with any debt services company.
1. Credit repair companies advertise directly to consumers on the radio, the Internet and on telephone poles!
2. They claim they can quickly fix your credit situation, no matter how atrocious it really is. These grandiose claims are one of the signs to watch out for.
3. If a company asks you to pay for credit repair services up front, that’s a bad omen, indeed, because it’s illegal.
4. Credit repair companies often discourage you from contacting the credit bureaus directly.
5. If somebody suggests that you apply for an employer identification number and use that instead of your Social Security number when you apply for credit, that’s a telltale sign of fraud.
6. Credit repair scammers may advise you to dispute all the information in your credit report, even entries you know are true.

Hope this helps answer your question.

Joe answers:

There are alot of ways to do this. However I need alot more info then you are giving. Do you own a home? Is your credit good? How much can you afford a month to pay on them?

Joe answers:

Basically what a debt management service does is negotiate a settlement and a lower interest rate. They do this for a fee or donation. So look at the service that will do this for the lowest fee or donation. You can do this yourself by contacting all your creditors and asking for either a lower settlement price, or a lower interest rate. If you do this, you can no longer use the credit card and when you pay them off the account is closed.