Credit Ability

Amex used to be my dream card [dream card] [amex]

admin — Fri, 30 Sep 2011 06:57:00 +0000

After all I was hearing on the boards, as well as I guy I was out and frozen. I really do not want a card that is going to get me nervous every time I get it.
After years with bad credit I already nervous enough when I pay at the checkout. Why.
Anyway not sure I need a new card aspire to. Any suggestions?

Reply: Good lord, here we go again….
Look, if you want an Amex, apply for an Amex. If FR hits, deal with it as it comes. That's the only way to handle a situation like this. Don't let what you read on these boards scare you. People are acting like Amex is the new First Premire or Crap One. It's not.
YOU A LITTLE HOT????????
You need a chill pill

Reply: …No, Amex isn't king here 3 or so months ago. They been notoriously famous for F/R for a long time. Citi have been very good all around.
Do you think I don't read CB..?
How many "YES. I'm in the AMEX FAMILY THREADS!" would you like me to find for you..?
There were tons of these each week. It was a little mini-party each time, and all the "regulars" were congratulating the OP for "joining the family."
You couldn't be more mistaken, sure F/R has been a topic here for quite some time, but it was widely considered an aberration that *most* folks would never run into…
Whatever though.
Cheers.

Reply: Chase (I would REALLY live in fear of them…),
They pay my bills so I can't complain.
I really am looking forward to the day when I can get in with BoA and Citi though.

Reply:
Citi is simply the best at the moment…
Good luck!!!
…and for me that's the point. AMEX was king here three or so months ago. The winds have blow toward CITI at the moment. Someone else will be the "most popular" in six more months.
Don't blow with the wind.
Have enough CCs with a large enough variety of issuers so that no one has you by the balls (so to speak), and get on with living. It's time to let the drama subside… (IMO)
Cheers all. Happy Sunday.
No, Amex isn't king here 3 or so months ago. They been notoriously famous for F/R for a long time. Citi have been very good all around.

Reply:If you aspire for an Amex, get one. I don't live in fear of using mine. If you're too afraid, then go for another issuer – Discover, Citi, Chase (I would REALLY live in fear of them…), MBNA/BOA, etc.

Reply: Citi is simply the best at the moment…
Good luck!!!
…and for me that's the point. AMEX was king here three or so months ago. The winds have blow toward CITI at the moment. Someone else will be the "most popular" in six more months.
Don't blow with the wind.
Have enough CCs with a large enough variety of issuers so that no one has you by the balls (so to speak), and get on with living. It's time to let the drama subside… (IMO)
Cheers all. Happy Sunday.

Reply:Citi is simply the best at the moment. You can apply for 2 cards in 60 days.
Good luck!!!

Reply: I have two Amex cards and received them both in the last six months. I love them. I PIF every month and run them up with all my bills. If they FR me, then so be it. I'll either comply or not, but either way, what's the worst that can happen? They close your accounts? Oh well, there are plenty of other cards out there. There is too much anxiety behind these FRs, IMHO.
I agree with you 1000 percent.

Reply:I have two Amex cards and received them both in the last six months. I love them. I PIF every month and run them up with all my bills. If they FR me, then so be it. I'll either comply or not, but either way, what's the worst that can happen? They close your accounts? Oh well, there are plenty of other cards out there. There is too much anxiety behind these FRs, IMHO.

Reply:true..thats why everyone is different when they come knocking. some may comply some may not…..just my personal opinon..about the prestige thing.

Reply:But on the other hand things change…so they want to get complete updated picture of you. Again…just my opinion.

Reply: Maybe they should just make it harder to be approved and then leave you alone after you get it.
Anyway my father has had one for like 30 years self employed they never screwed with him – he is an old school customer.
I agree.

Reply:Maybe they should just make it harder to be approved and then leave you alone after you get it.
Anyway my father has had one for like 30 years self employed they never screwed with him – he is an old school customer.

Reply: marvbear is too funny…..
PS: the prestige of amex is long gone….it was years ago. actually now that i have one..i dont really care if i ever get a F/R…besides no one cares now a days what card you use as long as it gets approved and the merchant gets paid..i really believe amex will one day come knocking with everyone in terms of a F/R…be it 1 month or 30 years..amex does'nt seem to care what your tenure is with them when it comes time for the F/R…
I might be wrong on this but here is my opinion. AmEx still wants to keep that prestige status. That's why they are doing F/R's.

Reply:marvbear is too funny…..
PS: the prestige of amex is long gone….it was years ago. actually now that i have one..i dont really care if i ever get a F/R…besides no one cares now a days what card you use as long as it gets approved and the merchant gets paid..i really believe amex will one day come knocking with everyone in terms of a F/R…be it 1 month or 30 years..amex does'nt seem to care what your tenure is with them when it comes time for the F/R…

Reply:Buck Rogers?
IF you want an amex you should go for it. Some never have to go through a f/r.

Reply:does your EX FROZEN DATE have a co-branded AMEX?

Reply:There are other prime credit cards like BofA, Citi, and so on. You can go for a co-branded Amex. I hear there are no shenanigans with those.

Reply:I thought we were chatting about FROZEN GUYS!!!!!

Reply:Good lord, here we go again….
Look, if you want an Amex, apply for an Amex. If FR hits, deal with it as it comes. That's the only way to handle a situation like this. Don't let what you read on these boards scare you. People are acting like Amex is the new First Premire or Crap One. It's not.

Reply:should be some HOT guys for ya.

Reply: Why would you date a frozen guy?
well Im not anymore – he def needs to thaw out

Reply: Why would you date a frozen guy?
i was gonna let it go, marv!!!

Reply:Why would you date a frozen guy?

hold on 2 credit cards [drews] [ok thanks]

admin — Fri, 30 Sep 2011 01:57:00 +0000

I have 2 Navy Federal cards . I have 2 atm with Drew for each . as 300
went to buy some gas would not come home . Card and receive phone away from the card to ask me if I was on atm and I said yes . ok office number, mother's maiden name where you live . ok then it should be pretty it in about 15 minutes it should be ok . ok . thank Promotional phone call back in 10 minutes as a stop going to the accoutt we will never cause your sig card . I never said this was an ever did happen to someone out there show me a light that I get the SIG card and they will open my card . ps sorry for the bad spelling there .

Best Answer: They don't have the $50. They just have the bank holding that amount under your limit in case they discover some charges that weren't there when you checked out, like damage, stolen towels, phone calls or meals charged to the room at the last minute.

Don't worry about it. Your bank isn't charging you anything for the hold either.

Reply:
THEN…PIF AND MAKE THEM GONE

Reply:look like they close my mc card account just visa is showing on the web page this place sucks

Reply:If not…DUMP THEM

Reply:GET THE SIGNATURE CARD AND RETURN IT AND ALL WILL BE WELL (I HOPE)
I only have PENFED and that is ONE TOO MANY

Reply:i guess it just happen to me

Reply:bump anyelse this happen to

Reply:I've been banking with navy fed for 15 years, they don't play games. Just relax, send the sig card in when you get it and it should be fine.
Good Luck!

NCO Weirdness . or not? [nco collection] [account history]

admin — Thu, 29 Sep 2011 23:27:00 +0000

My situation:
About 4 months ago an NCO Collection appeared on my account 3 CRA reports.
As this account really wasn't me, I DV'd. I also played with the CRA .
2 weeks later they were gone from all my reports. A week later I received a nice letter from NCO-compliance, signed, apologized and said the account was closed with their offices.
Today, on the infamous PG, I noticed that my TU score dropped by 4 points. I looked at the account history, and could not change . I've noticed that NCO had two inquiries on my account . TU Yesterday
Games?
Or what? Anyone?
There no NCO TL somewhere on the report.

Reply:don't give up yet…
If all your old debts are out of SOL, then there's not much to worry about…
If it were me (knowing that ANYTHING I have/had is either never late, beyond SOL, or IIB), I'd send a non-pp letter…

Reply:FRUSTRATING! GRRRRRRRR

Reply:I am doing Credit Repair after a weird divorce some time ago….although my baddies are way down there may be something still floating around somewhere…
The point is, do CAs' normally pull a InQ several times a day? Just curious…
Perhaps I should just give up on this repair…Seems every time I put out one fire another pops up elsewhere….frustrating…I really don't NEED or use credit maybe I should just keep using cash and reduce the stress…

Reply:well, do you have any past due bills that may have been sold to them?
two INQs because they're morons most likely….

Reply:Hmmm, good question….Pryan….
How would I find that out without using the infamous phone?
I hesitate to wait for a TL to pop up? (Not that I have any affirmative control of that)….
My MAIN question is why TWO inquiries to only one CRA in ONE day?

Reply:I'd send a non-PP letter to NCO if you're 100% SURE that they don't have a collection for you…they may have picked up another one

Reply:Yes just dispute as Non-permissable purpose….

Reply:I AM opted out….
We can dispute inquiries? Yikes…I wasn't aware of that (red-faced)

Reply:Have you opted out?
Same thing happened to me 2 years ago, i saw the inquiries, disputed, and they came off, and appeared again the next month. Dispute again with NCO and they should come off and stay off, they did for me.

Can you buy a car with a credit card? [business credit card] [business purposes]

admin — Thu, 29 Sep 2011 18:27:00 +0000

I know this can be a wacky question, but it is possible to use a business credit card with a high enough limit to purchase a car for business purposes?

Best Answer: It might be possible, but why would you want to?

Instead, save up cash and buy something used. Continue to save money and keep moving up in car until you get what you want.

Otherwise, go into debt and cause stress in your life by getting a loan.

Scott….

Reply:
Ok, sorry. I wasnt trying to accuse you of anything. I was mostly just trying to state the rules because I think a lot of consumers dont know them and as you say a lot of the big companies will try to take advantage of them. Thanks for clearing that up.

Reply:"We let them pay the whole amount on the card and then are the credit card fee (~2%)"
Now I know why it looked like we charge a fee, the "are" in the above statement was to be "ate". I was typing late and did not catch that typo.

Reply:Just to clarify… we NEVER charged an extra fee, nor did WE set a min. or max. We had a VERY small markup to stay competative with the big guys, yet we still accepted CC's. I was just stating the industry view on the subject. Although I am aware of the rules regarding accepting credit cards,(and I chose to follow them) I was not a big dealer of new cars, I was a used car dealer, an independant one at that. The ones that would "break the rules" are the large auto specific dealers.
Although they are not complying with the CC acceptance rules, I was just stating what I know from talking to other dealers.
I have found that it is good to know the "rules", but also to know how situations are handled, regardless if others are following the "rules".
Hope this helps,
HD

Reply:
I agree. I hate going to businesses that have a minimum transaction fee if you use a credit card. I didn't know it was against the rules though. They do need to eat the cost…they wanted to accept the card, so they have to pay for the benefits of doing so. Reminds me of how gas stations were doing that back in the 80's, different price for credit customers.

Reply:I just bought a 95 Quest van for my business. I took a $1,250 off of my Key bank card, no intrest for 12 mos….I love it!!!

Reply:Greg, do you ever sleep?! That post was at 4:00 am!
I am so glad this thread was started. We're purchasing a vehicle in the next couple of days and although we are financing it, I think we may use one of our new credit cards w/0% that we haven't used for the downpayment. I guess it'll look kind of funny using a GM card at Dodge or Nissan, huh? Kind of like using HDMC at Lowes!
Thanks for sharing the info!

Reply:
If you are a business that accepts credit cards you are not allowed to charge a fee/surcharge for accepting the card. its a cost of doing business. You also arent allowed to have minimum or maximum amounts. there is actually a whole forum about this here. It is against Visa/MC/Amex policy and illegal in some states.
Seriously if you are selling something for $25,000, you can afford a $500 transaction fee if you really want the convenience of accepting credit cards.There is always some negotiation leeway in there anyway ( perhpas the card buyer might not be able to work out as good a deal as someone else, but you cant blatantly charge them more).

Reply:We used to have a car lot, just closed it down… anyways, you can use any payment method the dealer allows. We never once had a chargeback of a credit card purchase, main reason is if they ever did they would never receive title. The paperwork could would not be submitted for DMV registration with out payment. We let them pay the whole amount on the card and then are the credit card fee (~2%)
Second item is that new dealers always set a limit normally of $2K (a decent down) for a credit card transaction, reason here is not for chargeback concerns, but because the dealer does not want to eat the discount fee. IE. they do not want you to charge a $25K car and then they have to absorb the 2-3% charge. (car dealers have higher rates due to the perceived greater risk in the car biz).

Reply:I used my Citi AA card to buy a car not too long ago. I had the 0% deal for 12 months. I didnt buy a new car, I bought a used BMW 540i. I am 4 months into it and have the car halfway paid off. I like that all my payments go towards principal.

Reply:I asked this question somewhere else in Visa/MC policies because I think George either attempted to or did buy with an AMEX rewards card. basically if they accept even a partial CC payment ( I knew someone who did a CC down payment) under the merchant agreements with Visa/MC/AMEX they must accept i bcause merchants are prohibited frm surcharges and minimum/maximum purchase amounts. I am trying to find that post now.
Another thing you could do is use a BT check or deposit BT check to your account and write a check.

Reply:I bought a car on a BoA credit card using the checks that they mail to you. There was an offer for zero percent for so long and then the balance stayed at prime for life. What a great deal at the time!
The best thing is that there was NO lien on my car.

Reply:
Not necesarily. Some cards give rewards, cash back,etc. You could BT to a 0% rate card,etc. I have a Prime for life BT card, thats certainly a lot more than 0% now, but considering I probably couldnt even get a car loan, not bad.
What if you bought it with a high CL, high rate card and then BT to a 0% 12 mo card. At 11 months, BT to a prime card. By then its at least 20-24% paidoff interest free. How crazy is that.
IMO, its not anymore crazy to use unsecured debt to by a car than it is to gt a 5 or 6 year secured loan. preferably not finance at all and pay cash, but obvioulsy most people dont do that.

Reply:

OMG You know that makes total sense, but that would be hilarious.

Reply:
Most auto dealers will not allow it. Why? Because during a normal purchase transaction once the papers are signed and you drive off the lot the car is yours, whether you paid cash or financed it. If they allow you to purchase with a credit card you can call the card company and complain about a problem and they can reverse the transaction.

Reply:I think so.

Reply:sure you can but that would be crazy!

Can I expect mid to high 700s this year? [saks store] [saks]

admin — Thu, 29 Sep 2011 15:57:00 +0000

'm Currently range low 700's across the board on my grades. I look forward to the mid to high 700, the end of 2008. This is, I can go for a car loan in 09 or a flat. In June, I again 6 months following cards: Worlds Elite
Saks Saks Store Card
RBS Platinum
Merrill
this year, my USAA credit rates to be hidden, and my car Chase loan.
The following 30 days paid late will turn 4 years old: Bank following 30 days of America
The lates are turning 3 years: Bank of America x 3,
x 4 Sallie Mae (treated as a 4 even though a loan) is best Buy
My util ~
0% 0.
BTW I am not applying for anything this upcoming year.
Think it can be done?

Reply: If you're in the 700s is there really anything else you can do that will improve an auto loan? Serious question.
750+ scores should nail the best deals provided you have the income for a auto loan and the age of your files if they desire manual reviews.

Reply:If you're in the 700s is there really anything else you can do that will improve an auto loan? Serious question.

Reply: Goodwill would be best as I would never dispute positive accounts through the bureaus as they have a nasty habit of being deleted.
I did one round of goodwills beginning of this year and only Cap One took off a 30 day late. Best Buy(HSBC), BoA, and Sallie Mae were no dice. Sallie Mae I head is almost impossible to do so though not sure about the other two though.
Try BOA again. In fact, try all of them again. You have nothing to lose and everything to gain.
Thanks for the tip marcus you are always helpful.
Not a prob. I don't take no for an answer.
Remember Andy Dufresne — the character in Shawshank Redemption? Remember when he continued to badger the state about funds for his prison library? That's me. I make you so sick of me that you finally just throw your hands in the air and give in.
Just grind them down, NY. Grind them down.
Sounds like a great plan to me This weekend I'll send out quite a few goodwill letters.

Reply:Goodwill would be best as I would never dispute positive accounts through the bureaus as they have a nasty habit of being deleted.

Reply: I think it is possible and would try to remove them lates just to have a cleaner report.
I guess go the goodwill approach?

Reply:I think it is possible and would try to remove them lates just to have a cleaner report.

Pay Cash for that Million Dollar House? [sharon ramsey] [dave ramsey]

admin — Thu, 29 Sep 2011 13:27:00 +0000

http://www.nashvillepost.com/news/2008/5/2.ales_april_2008
Lot 98Avalon Subdivision, Franklin, 37064
Buyers: Dave u0026 Sharon Ramsey
Sale Price: $ 1.552 million
Seller: BP Avalon GP
Agents: no record
Yup is that Dave Ramsey . He paid cash. Would you expect otherwise from such famous debt averse media personality?
This house is one of the high-end properties built to date in the Avalon subdivision, the Tennessee Valley Homes developed.

Best Answer: You should consider safety deposit box but even this may have draw backs as to whose name
you put it in if the holder of the box is the deceased then It may take a good while to retrieve
the disc. With the information it contains I don't think it would be a good idea to store it in the
garage or around the house and it may accidentally get destroyed. Put it in someones name
that is a trusted family member.

You were wise to write it down and hope all goes well – maybe someone will add suggestions
in addition.

Reply: I'm not too sure that I would want my new address all over the internet. I don't even post my Ficos anymore.
It's all a matter of public record.. you could find out how much he paid, where it is, etc, etc..

Reply:maybe he couldnt get a mortgage cause he has NO CREDIT

Reply: I wonder why DR needs such a big house. Why so extravagant?
He lived like no one else, so now he gets to live like no one else…

Reply:It would be hilarious if you bought a house on a credit card. For some that is a reality, i.e. celebrities. I bet AMEX Centurion would love to see a charge for $1,500,000 come through. ("I was wondering if I could get a credit limit increase?") LOL

Reply:On a purchase this large i think i would pay mostly cash too, i couldn't sleep at night knowing i had a $9300 monthly payment(if 6%)

Reply:Pffft. I pay cash for my house too. Just monthly, and in much smaller installments.

Reply: Is there something wrong with a $1.5 million home? There are homes that expensive all around me. Not mine, but all around me. So Dave makes money doing what he loves to do. We should all be so lucky to be that successful. Wish I could pay cash for a $1.5 million house. Maybe someday I will be able to.
Doesn't seem very frugal. Might have been smarter to just buy a more modest home and then keep the rest of the money in the bank. I just don't understand the need for this kind of house.
If you have no debt, who says you have to be frugal? He has several kids who are high school/college age, so it's not like it's just a house for him and his wife. There are houses like that all over the place in the county I live in, they are more the rule than the exception.
And just think: People in California pay $1.5 million for a tiny little shack. $1.5 million goes a lot further in Tennesse than it does in CA.
Dave is successful financially and I don't have a problem with that. I hope we can all be successful. Isn't that what the American Dream is all about? We should all be so lucky to build a business doing something we love, while helping other people, and be able to be debt free and prosper.
I imagine that $1.5 million in TN is like $5MM in California. Must be a nice place.
I don't listen to Dave. Don't know a lot about him. I thought he taught people to be frugal. Maybe that's not the same guy. I'll have to listen to him some time.
Not practicing what he is preaching. His audience (the ones who paid for that mansion) doesn't seem to mind the disconnect. Like I mentioned in another post, if people wanna foot the bill for his home and other amenities of the good life and they do it with a smile and a thank you, then more power to him. There's a fool born every minute, so I say let them keep paying his bills. He doesn't mind.

Reply: I wonder why DR needs such a big house. Why so extravagant?
to impress people he does not like.
If DR knew me, he'd hate me. I'm not impressed.
and he'd hate my savings rate.

Reply: I wonder why DR needs such a big house. Why so extravagant?
to impress people he does not like.
If DR knew me, he'd hate me. I'm not impressed.

Reply: I remember back in the day (actually the 80s/early 90s i believe) when franklin was a little small town. I used to live there. It was nice. Then they built the mall, and the entire town was engulfed in growth. We paid $230/mo for rent, now you can't find anything for double or even triple that usually. My how times have changed.
DR's lemming factory is right across from that mall…

Reply: I wonder why DR needs such a big house. Why so extravagant?
to impress people he does not like.

Reply: I wonder why DR needs such a big house. Why so extravagant?
Well, whose to say Sharon Ramsey didn't have a say in this purchase?
Women can be very convincing when they want to be.

Reply:I remember back in the day (actually the 80s/early 90s i believe) when franklin was a little small town. I used to live there. It was nice. Then they built the mall, and the entire town was engulfed in growth. We paid $230/mo for rent, now you can't find anything for double or even triple that usually. My how times have changed.

Reply:I wonder why DR needs such a big house. Why so extravagant?

Reply:Where did DR get all that loot?
Perhaps from all the credit card payments he accepted at his website…

Reply:My neighbor paid cash for their house. They wanted a huge lot, so they bought two new lots from the builder, and the builder made them pay the price of two houses for just the lots so he wouldn't lose money. So, they bought the two lots, and built one house in the middle of it to make it one big lot. County tax records show $1.4 MIL is what it cost them. Houses in my sub range from $500K-$1.9 MIL.

Reply:franklin is kinda snooty from what i hear from nashvillains.

Reply:I'm not too sure that I would want my new address all over the internet. I don't even post my Ficos anymore.

Reply:He doesn't believe in tax deductions either?

Anyone going to CES in Las Vegas in January? [consumer electronics show] [las vegas]

admin — Thu, 29 Sep 2011 10:57:00 +0000

Who will be here at the Consumer Electronics Show in January (8-11) in Las Vegas?
What type of product you into the marketplace?

Reply:We're flying in on Jan 7th…

Reply:yeah, their certainly are some "Lookers" walking around. That industry does quite well.

Reply:I would love to and have been wanting too for the last few years. I have gone to SEMA but not CES yet. I hope to go in Jan 2008.
Yes, the AVN is held the sametime as CES… I bet there are alot of "interesting" people out there at that time because of that other show.

Reply:The Consumer Electronics Show is a mammoth 1.7 million sf trade show. Think of Best Buy & Circuit City. That's the type of goods that are exhibited – - for the trade.
The show your referencing is the "Adult Entertainment Show" or something to that effect. It too is huge but is no longer a part of CES. I believe it runs the same dates.

Reply:isnt that the same as the avn show?
i would have gone in jan but i dont feel like flying back to back trip… i am going to the all star game (business write off expense)

So the phone calls have started….. [amex] [phone calls]

admin — Thu, 29 Sep 2011 05:57:00 +0000

We went late this month on the credit cards.
Amex is calling no stop at the house.
They even called my office about DH card.
I know not to tell them we are filing until we are ready to do it…..but what else should I be saying?
should i tell them we only get paid once a month?
can i hang up on them?
can I tell them to only call us at home?
can I just not answer?
the amex lady was really rude and she didn't tell me she was recording the call even though i could hear the beeps. she was really pushy and when i said do not call me at work she told me not to get snippy with her.
wtf
i just hung up the phone.
i know i should have been better prepared for this but i have never had a creditor call me so I have no idea what to say do. i feel like a criminal………….

Best Answer: sign up the national do not call registry. If you have signed up once before, you have to sign up again (every five years)

This same type of company calls me quite often so lately I have been stringing them along telling them I am interested, that I have 20k+ debt etc
I have had one of them on the phone for 20 minutes.

I tell them since they have asked me questions, I need them to answer MY questions before I sign up with them. THen I silly stuff like if they like the job that they have, how long they have been doing this etc. When I am close to ready to get off the phone, I ask them what kind of panties they have on or if they have had sex with a billy goat etc!

It is hilarious

SInce they piss me off I feel like turn about is fair play

Reply:Number one choice – DON'T ANSWER
Number two choice – HANG UP
Legally you can request they 'cease and desist' and only communicate with you in writing. Yet, if memory serves me correctly, radi8 once stated this might bring on a lawsuit more quickly.
AMEX are aggressive SOBs. Don't take it personally……..they're just doing their jobs. Tell them that 'snippy' goes both ways. Good-bye and have a nice day.
Computers are dialing your number…….there are gadgets you can buy that recognize collection systems 'handshake' and will not let the call through.
If it is your cell # I would just spend the $20-$30 to get a new number.
Just some ideas,
sm

Reply:YOUR not a criminal! We all go through this at one point in our lives. I loved getting the phone calls at one point a work. The 888's 800's 877's and the blocked ID's… Since I work at a dispatch I would answer… "Assignment Office…" without giving my name. They would ask if I was there. "No… You need to reach him at his home telephone number."
Drove them insane! Day after day… Can you believe I did this for 2 years until I finally filed BK! To give you a stat, over 25% of our work force receives creditor phone calls through our dispatch office. Continuously.
Change your home phone as stated and once you file make sure your lawyer sends out cease and desist letters. Mine did.
Just ignore them…
Get ready for a new fresh start! It feels great.

Reply:well so far they havent called the cells…..and i don't think i have ever listed in on applictions.
we don't use our house number much…..no one calls it except salespeople and the inlaws. We only have it for E-911 since we have a small child.
I have all the ringers off but one……..and the answering machine is muted.
but oy vey….

Reply:it will only get worse
We stopped paying about three months ago. They'll pick up, and then drop off, I think some creditors have given up on me now.

Reply:Dear guy:
Just wanted to say I am in the same boat as you. Sometimes, even with bad things, it is good to know you are not alone!
I am hoping to be filing sometime in September and this is my first month going late and I am starting to get calls as well. Having never been late up until now it is a bit disconcerting and it is only the beginning it seems. What is worse is they are calling my job
Have you retained an attorney yet? Mine told me to tell them that I have an atty handling my financial affairs and give them her info. So far (crossing fingers) none of them have called after that. Of course as soon as I mention an atty they try to get me to cop to filing, which I am not doing on the advice of my atty. My guess is that they are not stupid and will likely be selling my accts to collection agencies as soon as they can and then all bets are off with the calls.
Hang in there!!!!
guy

Reply:you can do what I do, pick up and play some nice music for them into your headset

Reply:
Hey sweetie—
sorry to hear about your mess too…..sucks huh?
I have not retained a lawyer yet but I have two that I have been talking via email and who are giving me free "advice". I don't want to say anything about a lawyer because we just used the CC last week to install an A/C unit and we need to wait 91 days.
i am going to go with the not answering tactic…and see how that goes for a while.
the music thing is good……i might just hand the phone to Ian.

Reply:if they get snippy just get snippy back.. in fact get REALLY snippy. I called a few employees some choice words to the point they hung up on me. It was funny.

Reply:Hi,
Though I had it for over ten years, I changed my Cell phone # because they were calling what seemed like every five minutes. I really mean a tremendous # of calls each day.
I then checked with my phone co and made it so my phone would not accept unidentified callers.
I screened all calls with caller ID and used my answer machine, very, very rarely did anyone (undesirable) leave a message on my answering machine. I also had "Caller ID waiting" which would tell me who was calling while I was on the phone which would then go to the "message center"( from the same package) again very few CC companies left a message on that.
I got all of these features, and more, for a package rate that was cheaper than my rate at the time.
It might be worth calling your phone co. to see what is available.
I also set of my phone's ringers way down and to two rings before my machine got it. It was inconvenient but, I have gotten through to filing with never speaking to any CC co. or collection people. I was following my Lawyers advice to not waste my time talking to any of them.
I answered maybe two calls when I could tell them I had filed
I learned to not give out my cell phone number now, i hated changing that number but I realise it was worth it.
You'll get through this, consider not answering.
Someone may have a reason to advise against this tactic but it was great for me.
Take care

Reply:If you are a Christian you can witness to them
I LOVED my grandpa. He was an AWESOME man!!! Build his house himself with cash. Complained about having to get permits for the 2nd Guest house he was building on his property. LOL Could not believe the county was cashing in on him wanting to build on his own land!!! HAHAHA Ran a under priviledge ministry for kids but didn't see it has a ministry just the right thing to do. Young boys without male figures in their lives looked up to him and loved learning mechanical stuff. He had missionaries from all over stay at his guest house. All that to say he has a genuine good heart man but ………there were parts that were hilarious. You know how they talk about how phone reps prey on older people. Well I have never seen them try to get off the phone so fast LOL. They would call up my grandpa and he would start to ask them if they were saved, did they love the Lord, did they have Jesus in their heart. It was so funny to hear what the phone rep had to say.
Tammy

Reply:

If I ever decide to answer the phone I will try this too. I can just repeat whatever we learned at church on Sunday
One of the creditors called my work today looking for DH….i told them that was not his number and to remove it from there records.
They called the house 3x today but didn't leave a message…I can just tell by the caller id.
I am soooo glad I don't use the house phone so I can keep the ringer /answering machine at off.

Reply:When this was happening to me…I would go to my CC website and change my update information and remove the number from my profile they were calling from.
If it goes to external collections…I guess this point is moot.

Reply:Like guy, I changed my cell#, that was my home # too. I had it for 10 years so I was reluctant. But, it was so worth it. I was getting 80+ calls a day. I did try the youmail thing but it was just getting to be too much still to deal with.
The first day of looking at my phone and having no missed calls was the most peaceful I had felt in a long long time.
Somehow they did get hubby's new cell #, but only one creditor calls it occasionally. I think they got it from his ex-work.

Reply:It will get better sweetie. I love the witnessing part!

Good 1st Punch letter to cleam up some IIB? [gmac mortgage] [americredit]

admin — Thu, 29 Sep 2011 03:27:00 +0000

I have created this letter after doing some reading here. Is this a good 1st punch at cleaning up some IIB accounts.
To whom it may concern,
I am writing this letter to dispute inaccurate information in my credit report.
The following accounts are currently showing as ?charged off? on my credit report.
-Americredit Account Number ********
-GMAC Mortgage ********
-BENFCL/HFC ********
-HSBC NV *******
Each of the above accounts were included in my Chapter 7 bankruptcy filed 12/01/2003 and discharged on 03/25/2004.
Section 607(b.) of the FCRA requires credit bureaus "to follow reasonable procedures to assure maximum possible accuracy of the information concerning the individual about whom the report relates." It is not a reasonable procedure to label an account that has been discharged in bankruptcy as "charged off as bad debt" if the account was open and not charged off when the consumer filed bankruptcy. Such a designation would be inaccurate or misleading, because it would indicate that the creditor had written off the account at the time of bankruptcy when it had not in fact done so.
It is important to note that two of the above account survived the bankruptcy and remain in good standing today.
-Americredit Account Number ********
-GMAC Mortgage ********
I request that the above accounts to be verified to show accurate information, or be deleted from my credit file.
Sincerely,

Reply:That letter will probably do two things:
1) Get the reporting changed to IIB
2) Cement the BK itself to your report for 10 years.
Whether that's good or bad depends on what you want to accomplish.
Were it me, I'd dispute as "incorrect status, not C/O" and see what they come back with.

Reply:Thanks, I tihnk I will do that first and see what happens. If they leave it as charge off, should I then go after the OC.

Reply:
If it is still left at a CO with CBR's then go after to OC and get it updated. Then send a dispute for incorrect information to possible have it totally deleted?

Exemptions & Residency question [stay at home mom] [residency question]

admin — Thu, 29 Sep 2011 00:57:00 +0000

Unless a winning lottery ticket floats down in front of me or my body spontaniously starts working properly again, I don't see any way to avoid a bankruptcy.
I'm a stay at home mom/student living with my boyfriend. I'm in Michigan, but I am not a Michigan resident (paying out of resident tuition, which I have to keep doing to retain my out of state resident scholarship). If I were to become a Michigan resident, instead of $1600 a year for car insurance, I'd have to come up with $5150 (!!!) a year. We also have no plans on staying here forever, I just have to graduate before he can put in for a transfer with his company.
I've been reading through countless pages of laws and rules and can't specifically find a yes or no answer. Must one be a resident of the state they file bankruptcy in? If it "helps" any, the one judgement I have against me for debt was filed in Michigan.
Also, on exemptions, on states that offer both federal and state exemptions, do you get to just pick which one you want? I absolutely positively cannot lose my car (paid in full, our only transportation). It needs about $6k of work right now but even putting the condition as "fair" shows it's still worth $15340, so it's still a little over $2k allowed in federal exemptions.
If I really believed in karma, I'd think in a past life I was some sort of serial killer with the way my luck has been going the past few years.
Thanks in advance.

Reply:You file in the state where you spent the greater part of the previous 180 days.
Is the following a misprint?
It needs about $6k of work right now but even putting the condition as "fair" shows it's still worth $15340, so it's still a little over $2k allowed in federal exemptions.
$15340?

Reply:Where Federal and State exemptions are available, you must choose ONE that best fits your needs.
How is it you live in MI but you're not a 'resident' ?? How long have you lived in MI ?? I presume when you say 'become a resident' that you mean changing your drivers license, registration, etc ?? Guess what, those things are NOT the only things that make you a 'resident'.
If you want to file in MI, then you must have been a resident for at least 91 days prior to filing in that state, otherwise you file in the state you came from and use that state's exemptions.