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What else can I help you with?
How much will score go up after paying off debt?
This is a sliding system where paying off a small debt means little and paying of a large debt for a person with a bad score would mean a bunch.
Which US President retired in debt and had a lottery set up to help repay his debt?
Thomas Jefferson. He actually owned a winery, but after his death, his family had to sell it to pay off his very large debt.
One Step to Pay Off Debt Quickly?
One way to pay off debt is to begin paying off the smallest overall debt possible on a monthly basis. Even though it may not be the debt with the highest interest rate and it does not take into account overall finance factors, paying off the smallest debt first helps generate a sense of accomplishment and responsibility towards personal finance. Debt management is in large part managing the stress associated with delinquent payments, and this method is an easy way to generate a positive mindset towards debt repayment.
How can you keep a collection agency from taking your car?
Pay off your debt.Pay off your debt.Pay off your debt.Pay off your debt.
If a creditor has written off your debt can a collection agency then come after you for the amount?
If the debt has been cancelled, no; if the debt has been charged off, yes.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
If a debt has been written off as bad debt on taxescan a creditor seek payment after they have written it off?
Yes. "Writing off" debts to bad debt is a bit of accounting legerdemain, and not a legal waiver. Typically, original creditors only sell debt or sell the right and power to collect on debt after they have written it off.
Can you explain how the snowball method works for paying off debt?
The snowball method for paying off debt involves paying off your smallest debt first, then using the money you were paying on that debt to pay off the next smallest debt, and so on. This method helps you build momentum and motivation as you see your debts getting paid off one by one.
What can happen to your debt after your car is repossessed?
Your debt is then written off as the car covers the cost of the debt.
Can you get out of a deed of trust?
Yes, by paying off the debt.Yes, by paying off the debt.Yes, by paying off the debt.Yes, by paying off the debt.
You owe Americredit for a car you returned can they charge some of that debt off?
They can charge off all of that debt, but it in no way remediates your repsonsibility to pay. All "charging off" a debt means is that it has been removed from the lender's active books. Charge off does not forgive the debt, only bankruptcy can do that.
