Jump to content
Member? but forgot everything, can't log in... Frozen out??? ×

THIS IS A POLITICS-FREE ZONE.

Money Management

Discussion and tips on sound money management.

4597 topics in this forum

  1. You’re saving all wrong if you die with a pile of money

    By hegemony,
    • 1 reply
    • 424 views

  3. Inflation Is Actually a Lot Higher Than You Think

    By hegemony,
    • 0 replies
    • 278 views

  4. 5 online personal finance communities that will help you get better with money

    By hegemony,
    • 1 reply
    • 291 views

  5. Watch out, FIRE fans: New reports say retiring early can give you Alzheimer’s

    By hegemony,
    • 0 replies
    • 265 views

  6. Social Security: There may be no cost-of-living increase in 2021

    By hegemony,
    • 1 reply
    • 293 views

  7. Wall Street investors consult tarot card reader for investment advice

    By hegemony,
    • 2 replies
    • 331 views

  8. “How was a 20 year old with no income able to get assigned almost a million dollars worth of leverage?” (ROBINHOOD)

    By hegemony,
    • 8 replies
    • 1.6k views

  9. Heartland Payment

    By hegemony,
    • 0 replies
    • 780 views

  10. You Now Have More Time to Sign Up for COBRA After a Job Loss

    By hegemony,
    • 1 reply
    • 491 views

  11. Workers Are Dangerously Underestimating How Much Income They Need to Replace in Retirement

    By hegemony,
    • 3 replies
    • 374 views

  12. Whole Life Insurance … Love It or Leave It?

    By hegemony,
    • 0 replies
    • 284 views

  13. Former Morgan Stanley financial adviser charged with stealing $6 million from clients

    By hegemony,
    • 0 replies
    • 304 views

  14. The hidden risk in your S&P 500 index fund

    By hegemony,
    • 1 reply
    • 335 views

  15. What is this guy talking about??? (putting savings bonds in a brokerage account)

    By Burgerwars,
    • 0 replies
    • 293 views

  16. Samsung Pay vs. Google Pay

    By Sidewinder,
    • 6 replies
    • 2.7k views

  17. How to Apply for a $1,000 Grant if You're a Freelancer or Gig Economy Worker (CARES ACT)

    By hegemony,
    • 0 replies
    • 371 views

  18. What does NFCU consider to be a "direct deposit"

    By policebox,
    • 5 replies
    • 495 views

  19. Retired and want to try day trading? Read this first

    By hegemony,
    • 0 replies
    • 306 views

  20. Suze Orman reacts to a millennial living on $80,000 a year with a $720 monthly car payment

    By hegemony,
    • 10 replies
    • 710 views

  21. You pays your money and you takes your chances: No U.S. stock funds? Is this 25-year-old investor crazy — or on to something?

    By hegemony,
    • 1 reply
    • 331 views

  22. Netflix's Deposits $1M in Black Owned Banks

    By StarkRaven$,   
    • 5 replies
    • 683 views

  23. Personal Finance Influencers Are On TikTok, And It's Awesome

    By hegemony,
    • 0 replies
    • 313 views

  24. I have a seven-figure nest egg — am I saving too much for retirement?

    By hegemony,
    • 1 reply
    • 329 views

  25. Your 401(k) won’t be enough for retirement

    By hegemony,
    • 7 replies
    • 672 views

  26. ‘I wasted so much money ...’ Millennials share their top financial regrets to help Gen Z get started

    By hegemony,
    • 0 replies
    • 336 views

  27. Hidden wine cave, $110 million parking bill: Energy collapse wasn’t only thing that sank Chesapeake

    By hegemony,
    • 0 replies
    • 286 views

  28. Fear, sticker shock over health insurance greet laid-off workers

    By hegemony,
    • 3 replies
    • 935 views

  29. Why the smartest people make bad decisions—compared to those with average IQ

    By hegemony,
    • 0 replies
    • 273 views

  30. 401K Withdrawal - CARES ACT

    By lexx1231,
    • 9 replies
    • 743 views

  31. Managers of 401(k) plans now have the ability invest in private equity.

    By hegemony,
    • 1 reply
    • 280 views

  32. My father, 93, married 4 years ago. He has dementia — my stepmother says she owns everything

    By hegemony,
    • 0 replies
    • 348 views

  33. My credit score dropped bigtime

    By ToddieM,
    • 3 replies
    • 383 views

  34. Why So Many People Are Getting into the Stock Market

    By hegemony,
    • 1 reply
    • 545 views

  35. ‘You have to be crazy’ to put your money in this investment

    By hegemony,
    • 1 reply
    • 333 views

  36. Schwab, Fidelity, introduce fractional share trading.

    By Burgerwars,
    • 0 replies
    • 313 views

  37. What Robinhood "Investors" Do

    By Burgerwars,
    • 0 replies
    • 303 views

  38. My Best Money Lesson: Jon Stein, Betterment

    By nemo,
    • 0 replies
    • 309 views

  39. alarm.com TCPA settlement

    By mysticspirit25,
    • 2 replies
    • 687 views

  40. Using the CARES act for a Roth conversion?

    By nemo,
    • 4 replies
    • 362 views

  41. 30% Of Americans Have Raided Retirement Savings During Coronavirus Lockdown

    By hegemony,
    • 8 replies
    • 606 views

  42. your steps determine your APY... FITNESS BANK

    By hegemony,
    • 2 replies
    • 552 views

  43. Got enough cash to weather this storm? See how your liquid net worth stacks up against everybody else

    By hegemony,
    • 2 replies
    • 349 views

  44. Why Cheap is Better Than Free (Robinhood, etc)

    By hegemony,
    • 0 replies
    • 258 views

  45. 6 places to get free, professional financial advice now

    By hegemony,
    • 0 replies
    • 311 views

  46. Young investors pile into stocks, seeing ‘generational-buying moment’ instead of risk

    By hegemony,
    • 0 replies
    • 269 views

  47. The Financial Education Fallacy

    By hegemony,
    • 14 replies
    • 760 views

  48. Amex Travel

    By StarkRaven$,   
    • 11 replies
    • 1.6k views

  49. Warren Buffett built up cash, bought only small amounts of stock during the market rout

    By hegemony,
    • 0 replies
    • 284 views

  50. One in Eight Supermarket Employees in the U.S. Now Has Access to Their Money as They Earn It (DailyPay)

    By hegemony,
    • 7 replies
    • 476 views

  51. 10 free online classes that will help you gain new skills to succeed in your career

    By hegemony,
    • 1 reply
    • 325 views

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Our picks

    • Collections, but Comcast didn't let me pay.

      FixTheProblems posted a topic in Credit Forum,

      Hello good folks,
       
      Background: last October, Comcast locked my account because *a stranger* (mistakenly) paid for it with a credit card, and later disputed the charge with their credit card company and did a chargeback. Comcast made it so I couldn't use any type of credit/debit cards to pay. It took some give months to even expose this issue, as agents didn't know why my account was locked. I cancelled my account but they still wouldn't let me pay. Eventually, they sent it to collections, which very promptly hit my credit history with a "Collections" derogratory record.
       
      Unfortunate timing, because I'm in the market right now for a mortgage. Without this note, my credit history is close to perfect, with FICO8 of 835+, and VantageScore3 of 810+.  With this, the scores drop to about 710 and 760 respectively. Meaning, either mortgage denial or higher interest rate, leading to huge sums wasted.
       
      My questions are:
      1) What is the best way to get this rectified and get this record off my history?  
                  - Is it possible to do a "pay for delete"?  
                  - Should I be talking to Comcast or to the collections agency?  
                  - Is there something I need to to in the interim, like disputing the record?  
                  - What would be the fastest way to deal with this? Ideally, I want to apply for a mortgage in the next week if possible. If not possible, in the next 3-8 weeks.  
       
      2) Are there particular mortgage lenders that use a more favorable scoring so this one single negative record doesn't hurt my mortgage rate?  
                  - My understanding is, FICO8 has this 120+ point drop for the first negative record, while other scores (like VantageScore3) doesn't drop so dramatically. Is this correct?
       
      Thank you very much in advance.
      • 67 replies
      MarvBear

      Picked By

      MarvBear,

    • Titty Bank Wants More Smoke

      RehabbingANDBlabbing posted a topic in Credit Forum,

      So my DH had a Citi/Best Buy card that was charged off in 2017. After beginning our credit repair process, I noticed the account was reporting the payment history inaccurately on Equifax and Experian. We disputed many times, then ended up suing them for FCRA violations. They settled the case by forgiving the debt and deleting the account from all reports.
       
      But now they’re back! In 2020, they sent us a 1099-C for an amount just a little bit shy of the balance. I believe it was just the principal balance, which amounted to $4,600. Well, as you know, it’s tax season. And who decides to send us another 1099-C for the same account/debt? Titty bank. They put the full amount of the debt this time; which was about $600 more than the first 1099-C they sent.
       
      I have consulted my lawyer because it seems illegal for them to write off the same debt twice. He has advised we should sue them again. While I’m sure we can win the case, litigation and settlement takes about a year to do, based on our past experiences. It ended up costing us an extra $1,200 in taxes this year. What do y’all think? Should we spend more time and effort on this situation? I’m pretty sure Titty also violated terms in our settlement agreement for the FCRA case as well, in regards to them not pursuing further collection activity.
       
      Any advice would be appreciated.
      • 24 replies
      MarvBear

      Picked By

      MarvBear,

    • American Express Member Since

      MP80 posted a topic in Credit Forum,

      I have come across a credit topic involving data point information that concerns AmEx's D* policy (which no longer exists) which triggered and raises an important question that may be of interest to anyone who has an AmEx credit card in their relationship history with AmEx.

      This is to give credit and courtesy to an excerpt from the @cashnocredit post...
       
       
      "I had an Amex in 1974, which closed in the early 80s. Opened a new one in 2011 but they didn't backdate me then. Had no record of it (which was always paid on time)."
       
      Question? 
       
      Does AmEx have all your previous applications and cards approved and store all positive and negative data indefinitely?
       
      • 42 replies
      MarvBear

      Picked By

      MarvBear,

    • Vig's Points, Miles, Cash Back, Earnings, Redemptions, and Shenanigans 2023 Edition

      TheVig posted a topic in Credit Forum,

      I decided to continue another year of my glorified spreadsheet. 2022 was a disappointment in the shenanigans dept. Most of the dive hotels I stay at did remodels during the pandemic. Not too many WTH moments. Disciplining myself to go under 5/24, allowed me to add a Chase CSP and CFU to the mix in 2022. The various dumpster dive apps I use paid off. To the tune of about $2000 in value.
       
      Inflation being what it is, I'm more hyper sensitive than ever on what spend goes on what card, to maximize spend multipliers.
       
      Credit Cards:
      Amex Gold & Every Day MR 441,390
      Amex Delta SkyMiles 205,415
      Citi MileUp MC American Airlines 69,345
      FNBO Amtrak Guest Rewards MC 135,948
      Chase CSP / CFU Signature Visa UR 101,559
      Chase IHG Traveler MC 66,064
      BofA Customized Cash Rewards Visa (3% Travel) $0.88
      Citi Double Cash MC (2% CB / TYP Everything) 21,186
      Citi Premier MC Thank You Points 34,280
      Choice Privileges Visa Signature 360,660
      WF Active Cash Signature Visa (2% CB Everything) $87.44
       
      Shopping Portals and Apps / Stacking Opportunities:
      DOSH (CB) $18.56
      Rakuten Amex MR Earning. Pays out quarterly. Points Pending: 6857
      Fetch Rewards (GC) 27,439 Points
      Ibotta (CB or GC) $7.65
      Upside (CB or GC) $14.15
      CoinOut (CB or GC) $8.65
      Payce (CB) $18.97
      Receipt Hog (CB or GC) 3156 Coins
      Receipt Jar (GC) 2013 Points
      Receipt Pal (GC) 4725 Points
      Shell Fuel Rewards (Earning AA Miles 2miles/gal.)
      Starbucks / Delta SkyMiles (Earn 1 SkyMile for every $1 spent at Starbucks)
      AA Simply Miles
      Airline / Hotel Dining and Shopping Portals
       
       
      • 170 replies
      MarvBear

      Picked By

      MarvBear,

    • When will this last baddie actually drop off??

      tps7c posted a topic in Credit Forum,

      Hi Everyone!
       
      I have one last bad account, unfortunately a repo, that is still on my Experian and Equifax reports. Before Experian changed their report format, at some point last year the repo account said "on report until April 2023." Well, it's April and it's still showing. Could it be until the END of April? Would it be worth calling Experian's backdoor number and asking about it? Maybe sweet talking them to delete it early? lol
       
      What do you guys think? In comparison, this account was scheduled to drop off my Transunion report in January and was gone in December. Equifax is the worst and it show dropping from the report in July. 
       
      Thanks guys!
      • 15 replies
      MarvBear

      Picked By

      MarvBear,
    View All

  • Posts

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.

Pages

×
×
  • Create New...

Important Information

Guidelines

  I accept