Archive for July 2010

Question for Bbdancer, CatDad, Echo, Spiffiman or knowledgeable contributors?

Ashley asked: I am 20 years old, and pulled my credit report about 3 months ago. I found three collection accounts on my credit report. I first disputed the accounts with the credit bureaus, who all verified the accounts. These accounts are not mine, I know they are not mine, for a business in a [...]

What legal action do I have against a debt collector who refuses to validate a debt?

Grand Master B asked: I have been trying to clean up my credit and I have had a lot of luck doing so. Most of the debts have been deleted from my credit report except for a few. But one debt collector has been particularly difficult. Asset acceptance says I owe over a thousand dollars [...]

Charged for free cellphones if you terminate contract early?

sberti20 asked: Charged for free cellphones if you terminate contract early? Long story short. I canceled my family plan that had three lines on it. i paid the cancelation fee for each phone. i checked my credit report a year later and there are three collections for $100 each. they are all from the same [...]

How is it not considered extortion and defamation?

joecseko asked: I was hospitalized late last year for a period of 4 months.Due to a lack of income I was eligible for Medicaid.My Medicaid number was given to all parties who treated me after I got out of the hospital.By the time I got around to checking my credit reports there was negative information [...]

How to Get Correction Letters For Credit Reports – Advice on How to Check Your Credit History

Tim Gorman asked: Lenders want to see a track record of debts owed and duly repaid. If you do not have a traditional credit record that shows payments made on credit card purchases, a car loan, or a student loan, it is still possible to establish a credit history. Many lenders have been griping that [...]