Credit And Debt Counseling Bureaus

I need some major help!!! When I was 16 I visited to my local city college campus for lunch. While their a women approached me and ask me if I wanted a free tshirt. I said sure and she said all I needed to do was fill out a credit card application. I did and a little while later I got several credit cards in the mail so I started using them and making payments. Well I got in over my head and eventually couldnt keep up with the payments. I contacted a local credit counseling agency for help and they said they couldnt help me because I was a minor and could of not legally incurred this debt and to send copies of my birth certificate and id to the credit card companies and the credit bureaus. I did this meanwhile I was charged too many fees to count and the balances skyrocketed. Several years later this is ruining my life I dont know what to do or how to do it.

I don't know what to do sorry!

2006-06-18 04:53:54 by hrgr21

Good ways to get out of credit card debt include not using cards and quickly paying down cards with smaller balances. Stay out of credit card debt ...

Hello to everyone,
I was wondering your opinion on the debt settlement companys.. The company we are considering going with so that we dont have to file bankrupt has an EXCELLANT report from the better business bureau..... I have read through all the sites and everything and this seems like a good idea so that you can "settle" your debts and get out of debt quicker.... we are in credit counseling now but Its taking forever and we cant afford it anymore... But we can afford the payment that the debt settlement is asking for... Just wanted to see some of your opinions.. Thanks

I'm a bill collector for 10 years now. I've had 1000's of people who have chosen to go with settlement companies. Some are legit, and some I've heard kept the money people have accumulated and not settled any debt, and also refused to send the money back to the customer. Like anything else, buyer beware! Do a full backround check with BBB with whomever you choose. Read their terms carefully, as well. I don't know who or what type of bill you owe, however, I suggest settling with your creditors yourself. Settlement companies can' t protect you from lawsuits, accruing interest or other charges. Basically they don't care about that, it's just a matter of getting around to your settlement when you have enough $ and if not there's nothing they can really do for you in terms of protecting you legally. Their 'power of attorney' does not do much to help you except to direct all collection calls to them, not you. If a creditor is going to sue, they'll sue irregardless of debt settlement companies involvement. If you live in a 'wage garnishment' state also be aware. Your state laws in regard to owed debt means the difference between lawsuits and liens, or protection from them.

2006-11-18 16:29:00 by giggels22

Ok I have been enrolled in a comsumer credit counseling program and have been paying my debt off on a consistent basis... Since in the program I have paid off 4 creditors...

Question: I have my credit report and in the comments section under each creditor that I have enrolled in the program it has as a notation "account payments managed by a financial counseling program" from each credit bureau... my question is can and how (if possible) can I get this notation removed from creditors that I have already off?

If I cancel my enrollment will this statement be deleted?

Also on some creditors in Status Details it says " As of a specific date (EX March 2013) this account is scheduled to a positive status" What exactly does this mean?

I want to have good or at least deceit credit again ~ is there anything else I can do?

I have used CCCS several years ago and the notation will not be removed until you are through with the program.

2008-01-07 15:30:55 by K.C.

I recently received a request to pay an old debt from Midland Credit Management. After seeing them all over Yahoo! Answers and Rip-Off Report.com, I was wise to this scam, so I sent this validation letter:

*****
To Whom It May Concern:
This letter is being sent to you in response to a notice sent to me on January 25, 2009. Be advised that this is not a refusal to pay, but a notice sent pursuant to the Fair Debt Collection Practices Act, 15 USC 1692g Sec. 809 (b) that your claim is disputed and validation is requested.
This is NOT a request for “verification” or proof of my mailing address, but a request for VALIDATION made pursuant to the above named Title and Section. I respectfully request that your offices provide me with competent evidence that I have any legal obligation to pay you.
Please provide me with the following:
• What the money you say I owe is for;
• Explain and show me how you calculated what you say I owe;
• Provide me with copies of any papers that show I agreed to pay what you say I owe;
• Provide a verification or copy of any judgment if applicable;
• Identify the original creditor;
• Prove the Statute of Limitations has not expired on this account;
• Show me that you are licensed to collect in my state;
• Provide me with your license numbers and Registered Agent.
At this time I will also inform you that if your offices have reported invalidated information to any of the 3 major Credit Bureaus (Equifax, Experian or TransUnion) this action might constitute fraud under both Federal and State Laws. Due to this fact, if any negative mark is found on any of my credit reports by your company or the company that you represent I will not hesitate in bringing legal action against you for the following:
•Violation of the Fair Credit Reporting Act;
•Violation of the Fair Debt Collection Practices Act;
•Defamation of Character.
If your offices are able to provide the proper documentation as requested in the following Declaration, I will require at least 30 days to investigate this information and during such time all collection activity must cease and desist.
Also during this validation period, if any action is taken which could be considered detrimental to any of my credit reports, I will consult with my legal counsel for suit. This includes any listing of any information to a credit reporting repository that could be inaccurate or invalidated or verifying an account as accurate when in fact there is no provided proof that it is.
If your offices fail to respond to this validation request within 30 days from the date of your receipt, all references to this account must be deleted and completely removed from my credit file and a copy of such deletion request shall be sent to me immediately.
I would also like to request, in writing, that no telephone contact be made by your offices to my home or to my place of employment. If your offices attempt telephone communication with me, including but not limited to computer generated calls and calls or correspondence sent to or with any third parties, it will be considered harassment and I will have no choice but to file suit. All future communications with me MUST be done in writing and sent to the address noted in this letter by USPS.
It would be advisable that you assure that your records are in order before I am forced to take legal action. This is an attempt to correct your records, any information obtained shall be used for that purpose.
Best Regards,

*****

So, I sent it certified mail and I get something today with my signature on it from 2001. THAT'S IT. I got no proof it wasn't past it's statute, I got no information as to why I owe what I owe, NOTHING! And now they want the entire amount paid in full. Which I won't do because something's fishy. Any thoughts on the next logical step? What's the best way to professionally (read:I'd rather not look like an idiot) contact the credit bureaus to make sure that they take my request for validation seriously? I'm 25 and trying to clean up my credit report.
The paper that I had signed was for a bank account that I opened before I graduated from high school. It is no longer open. Actually, it's been closed since 2002.

About Credit Management Trouble can be read in http://usafinance2009.blogspot.com/?q=Cr edit%20Management%20Trouble

2009-02-21 12:05:43 by saucydisco

AGREEMENT
This Agreement is entered into on this _____ day of ________ 2009, by and between Pure Credit Solutions, a Limited Liability Company, and ___________, hereinafter.
In consideration of the mutual promises set forth hereunder, the sufficiency of which is hereby acknowledged, Pure Credit Solutions, LLC. and client ________________ shall agree to the following:
Pure Credit Solutions, LLC. will provide client with debt counseling, and will dispute negative items on the client’s credit reports. Pure Credit Solutions, will only dispute negative items that are truly negative items impacting the customer’s credit score and credit reports. Pure Credit Solutions will file disputes with all three major credit bureaus, including; TransUnion, Equifax, and Experian.

Client shall provide Pure Credit Solutions with an original copy of their credit reports and credit information. Client shall also provide additional information to Pure Credit Solutions, LLC, if need be to speed up the credit repair process.

This agreement may be terminated as follows: Client will give Pure Credit Solutions LLC, 4 business day's written notice from the date of contract to terminate this contract. If customer terminates contract after the 4th business day, he or she will incur all costs and fees associated with this agreement.
Time shall be of the essence in the performance of this Agreement. It will take an average of 60 to 90 days, to see any improvement in a person’s credit score and credit report. All three credit-reporting agencies require a minimum of 30 days to respond to any credit inquiry or dispute.
If any part of this Agreement is held unenforceable for any reason, the remaining portion of this Agreement shall remain in full force and effect, and shall be carried out in a manner, which is consistent with the intentions of the parties hereto.
If any legal action or proceeding, including any arbitration of disputes, arising out of, or relating to, this General Contract is brought by either party, the prevailing party as determined by the Court or Arbitrator, shall be entitled to receive from the non-prevailing party, in addition to any other relief that may be granted, reasonable attorney's fees, costs and expenses incurred in the action or proceeding by the prevailing party.
This General Contract is entered into on this _____ day of ______________, 2009, in the City of Farmington Hills, the County of Oakland, and State of MI.
Pure Credit Solutions, a Limited Liability Company

______________________________
(sign above)
by: __________________________
its: __________________________

________________________
Customers name

What exactly is Pure Credit going to do? The agreement barely says. For instance, what is a "negative item?" What is a "truly negative item?" What does it mean that PC is going to "dispute" them? With whom? How streneously? For how long? Based on what info will PC "Dispute" negative items? How will PC determine what will impact on your credit score? What additional info are you required to provide? When? What if you don't? What can they do with it? What costs and fees will you incur if you cancel after the 4th business day (i.e. what are the costs and fees associated with the agreement?) Why in the world would an individual agree to pay the legal fees of a prevailing party? That's highly unusual.

2009-01-10 12:01:15 by purecreditsolutions