Posts Tagged ‘Bad Credit’

Is credit card debt settlement bad for your credit?

Sunday, February 14th, 2010
stan450z asked:


I am a senior in college, I have no job now as I am finishing school. I start work in June, and I actually have good credit, over 700, and 5k in credit card debt. I’ve paid my bill in full always in the past until my last killer spring break. Debt settlement sounds cool to cut the debt in half which I would pay off with a lump sum, or should I just stomach it for another month where I can pay it all off entirely in full. Thanks.

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Posted in Personal Finance | 8 Comments »

What ideas do you have for someone in a bad debt situation?

Monday, October 26th, 2009
craigb421 asked:


Probably cant get a loan to pay them off because of my bad credit? My mom has good credit and might help me out though. Still wouldnt even know where to start.

My cards are in horrible standing. At this point they are all closed accounts. They want their money in full (or a settled amount). I have a better job now and I can afford to pay 250 a month towards this.

Any debt consolidation ideas; loan ideas; debt-relief programs??!?!?!

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How to handle bad credit debt thats almost 10 years old but it still shows up on my credit reports?

Saturday, October 24th, 2009
bynam asked:


I have atleast 4 major credit debts that was in the early 90’s i thought bad debt only remains on your credit for no longer than 7 years its almost over 10 years but they still show up on my credit reports. Is there anything I can go legally to take those off my credit history, Specially now that I am trying to rebuild my credit.

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Posted in Personal Finance | 6 Comments »

Can I remove a bad debt from my credit history if the responsibility belongs to my ex-spouse?

Monday, October 19th, 2009
curious asked:


The mortgage on a house was in both of our names, but we both declared bankruptcy separately mine was a 7 his a 13.
On our divorce decree it states that I have given up all rights to the property and it is his responsisbility. Will the company remove the bad debt from my credit history if I ask them?

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You hear about credit card debt all the time. What do you do when the debt is medical bills?

Wednesday, November 26th, 2008
blueunicornapopka asked:


Most of my debt consists of medical bill leftovers (the amount after insurance) that has gone to collection. I have not seen anything that deals with those types of bad credit. They say medical is not supposed to affect your credit but it does.

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Posted in Personal Finance | 10 Comments »