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You owe Americredit for a car you returned can they charge some of that debt off?
Wiki User
∙ 14y ago
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.
Wiki User
∙ 14y ago
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What is the best solution for getting out of charge-card debt?
There are multiple ways for a person to get out of charge-card debt. Some include stopping running balances, finding the best offer, and by cashing in investments.
Can a debt collector charge you more than your original debt in Texas?
Only if interest is provided for in the instrument creating the debt. If the creditor tries to charge interest to which a debtor did not agree, then that constitutes usury and can, in some instances, wipe out the debt altogether. In some states, the creditor may be entitled to collection costs. ==Additional Information== If the debt collector is collecting on a money judgment rendered by a court post judgment interest accrues and can considerably increase the amount of the debt.
Can a collection agency charge interest on a debt?
In some situations interest and accompanying collection fees can be assessed.
How much does an attorney charge for debt collection?
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Does john deere charge a restocking charge for items returned?
This question really has a variant of answers. It depends on your John Deere dealer. Some will charge a restocking fee on items, especially parts, to cover the cost of returning those unused parts. Some won't charge for return parts, so you just need to contact your dealer.
What tools are there for managing credit card debt?
DailyFinance offers some tools that are designed to help users manage credit card debt. A lot of banks also offer such services for users at no charge. However, the best way to manage credit card debt is to exert self-control.
how to get out of debt.?
we provide some hacks to get out of debt.
Where can I get information on how to consolidate my credit card debt?
There are a lot of services out there to help you, including some that won't charge you until after they've helped you work something out with debt collectors. Here's a site that will give you more information to get started: http://www.consolidate-debt.org/
What are some of the debt management tools that in charge Debt Solutions offer?
InCharge Debt Solutions offers a debt management program that helps you consolidate your debt and pay it down at lowered rates. You can also sign up for their credit counseling service if you need help dealing with bankruptcy, home foreclosure, or home purchasing. If you are looking to learn about how you can spend money better and follow a budget, you can contact them about their Money 101 courses.
Where can I find a credit card consolidation organization to help me with my debt issues free of charge?
In some cases your fees may be waived if you use Consumer Credit Counseling.
Cutting The Debt Repayment Costs?
If you have some debt, then you know all about how costly it can be paying off things on a monthly basis. The problem, of course, is that things can pile up. Debt payments begin to grow and if you ever get behind, you will pay a lot more than you need to pay. If only there was some good way to take those payments down a little bit. The answer lies in charge debt solutions. There are so many ways to bring down your debt and pay it off that you owe it to yourself to think about these things. Of all of the charge debt solutions, there are a few that make the most sense.Looking into debt consolidation optionsOne of the charge debt solutions to think about is debt consolidation. Consolidating your debt makes sense for a few different reasons. For one, it makes sense because you will have lower debt payments each month. Consolidating brings down your interest rate so that you pay less and make more progress on the principal of your loan at the same time. Likewise, this is a nice solution because it makes the debt easier to manage. You won't have to keep up with paying a bunch of different credit cards each month, as you can get by with only making one payment.Debt settlement optionsIf you want to really get rid of debt, then you might think about debt settlement options. The nice thing about settling your debt is that you can rid yourself of the debt completely. You never have to worry about it again and you can start building up your credit once again. This is a nice thing for people who have a little bit of cash on hand to make a settlement payment. Another nice thing here is that you can save a ton of money. You can pay off your debt for less than half of what you owe in some instances. It does take some money to make this option a reality, though.Using some of the charge debt solutions at your disposal today is a smart move. If too much of your money is going to your debt each month, then you will live a really unhappy life in the end. Take care of your debt and you will have more cash to dedicate to the things that matter the most in life.
What are the laws regarding credit charge-offs and collecting interest?
Collecting interest on debt is generally governed by state law. There is no correlation between charging of a debt and the creditor's right to collect interest. After 180 days a creditor will "charge off' an account that is deemed in default. Interests and penalties will continue to accrue until the account is settled in some way, such as paid in full, a settlement agreement, and so forth. Although credit card debt is considered unsecured debt, this does not mean the lender cannot employ legal remedies.
