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Q: What is the benefit of getting defaulted loan off of credit report versus paying off defaulted loan?
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What are my first steps to getting a grant to pay off medical and utility bills, and to purchase my first home Without paying tons of money. Thank you, Victoria?

You can try by going to prosper.com or similar websites. They will not hurt your credit score unless you defaulted.


I Defaulted on a credit card after hurricane Katrina can credit collector put a lien against my house and property in state of Mississippi?

If you had a clean record for paying your bill on time with your Credit Card Co., and they are pushing for money owing since Hurricane Katrina, and you had severe property damage then try getting it on the media. It's a low thing to do and they should cut you some slack to get things in order. If you were lucky enough to have no damage to your home during the hurricane and are still working then there is no excuse not to keep paying the credit card company.


Can you default on an auto loan if there is a cosigner and you are the primary?

Well, you CAN default but the co-signer would then be completely responsible for paying the loan that you defaulted on. The co-signers credit will be impacted by your default and all subsequent collections.


How is getting out of credit card debt possible?

There are companies that offer assistance with getting out of credit card debt. It is possible to get out of credit card debt by carefully watching spending and managing income and expenses, then slowly paying off the debt.


Can you get a mortgage with bad credit if you have a good salary and no debt?

You'll need to go in and talk to them in person, or try improving your credit by getting credit cards and paying them off promptly etc.


how can i get help paying my credit cards and hospital bills?

help paying credit cards


How can you report an individual who has being using his credit cards with no intention of paying?

Nothing,there is no procedure for an individual to file fraudulent use charges, unless they pertain to one's personal finances. If the credit cards indeed belong to the individual,they are not committing a crime by stating they have no intention of paying. The card issuers can, however, pursue criminal charges once the debt(s) have been defaulted upon if the circumstances warrant.


Will not paying for a timeshare give you a bad credit?

Yes. It is a debt and if defaulted on will most likely be reported to one if not all the major CRA's. Yes. It will affect your credit reputation. If you still have money on your bank account, it is possible that it can be collected through this. It can be reported to a credit agency as it is considered a debt. The effect on the owner is that he will have a bad reputation to lenders. Yes, it will give you a bad credit. If it will be reported to a credit reporting agency, you will have difficulty making a loan in the future.


How do you use credit cards wisley?

By not charging ridiculous amounts & paying your statement(s) on time. It's common sense - maybe you should'nt be thinking about getting a credit card.


What are some ways of getting membership without paying by credit card?

by getting points through metarebel.com get 6000 points and get free toontown membership for 5 years


How can the frequency of paying your credit card bill hurt you?

The frequency of paying your credit card bill can hurt you in a number of ways. If you keep missing bills, pay late, or default, other lenders will not look upon you favorably, getting you worse rates in the future.


Do you need to have a certain credit store to get a personal loan from your bank?

No, as long as you have some form of credit line and your credit is good, you should have no problem getting a loan. Credit sources can be from any major credit card, store credit card or even paying back your student loans.