Posted by | Posted in Credit Help | Posted on 03-09-2010-05-2008
2
I am being sued by a collection agency for an old (over 3 years) Visa credit card debt. I live in Alabama and the Statue of Limitations on Open Accounts is 3 years. I hired an attorney but he says that I probably will have to settle because it is not an open account but a written contract account which has a SOL of 6 years. He says this because the collection agency produced a piece of paper that I signed when I opened the account (basically it’s the credit card application). I researched on my own and most information that I found says that credit cards are always open accounts. I did find one place (Wiki Answers) where someone said that credit cards could be written contracts. Is my attorney wrong or can this indeed be a written contract in some way. I really need to know before I go to court. Please give me some type of solid backup to your answer and not just your opinion.
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Posted by | Posted in Credit Help | Posted on 15-07-2010-05-2008
6
I have a pretty low credit score (597) and want to begin rebuilding my credit. The score is low from charge offs about 3 years ago. Is there a certain bank or credit card that is easier on people like me that will give me a credit card? And yes–I do plan on paying on time. It would be for small simple purchases that I would otherwise buy with cash and could pay off easily each month.
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Posted by | Posted in Credit Help | Posted on 11-07-2010-05-2008
11
How do i get out of my debt? i owe student loan 10 k i never paid on it in like 7 years, i owe unemployment 30 k, ( it was only 7 k but every year they add on 10 k for what they say is a peanelty fee)…….( can they do that)? and I owe like maybe 15 k in credit card debt… I also never filed my income tax for the past 3 years and I should get a refund maybe worth 10 k but E. I takes it so what should I do and how can I get out of debt? seriously I need help.. I am on anti depressent drugs because of this so no jokes just true real answers please
iM ALSO THE ONLY ONE WORKING TO SOPPORT MY WIFE AND 2 KIDS
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Posted by | Posted in Credit Help | Posted on 05-07-2010-05-2008
4
After 3 years car was paid for. How does this help my credit? Will my credit score increase?
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Posted by | Posted in Credit Help | Posted on 17-06-2010-05-2008
3
Don’t give me a "it depends…" answer with a whole bunch of technical mumbo jumbo. I want a number here.
I had 1 credit card for about 2-3 years and finally graduated college and am working full time. I also never had any problems with payments (never missed a payment in my life).
Yeah of course I pay in full. I once thought about not paying in full and realized that I’d miss out on that sweet grace period. ::drools::
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