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

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


POLITICAL POSTS WILL GET YOU BANNED

Credit News

Credit-related news and articles

456 topics in this forum

  1. How to remove 1 late fee due to Covid-19

    Topic was moved to forum Credit Forum


  3. Forget gas and groceries—streaming services are the new trend in credit card rewards 1 2

    By hegemony ,
    • 30 replies
    • 552 views

  4. NEW BREACH!!! (HOME CHEF)

    By hegemony ,
    • 0 replies
    • 42 views

  5. First Data and Executive to Pay $40.2 Million to Settle FTC Charges of Assisting Fraudulent Schemes and Credit Card Laundering

    By hegemony ,
    • 0 replies
    • 35 views

  6. Reddit Launching a Cryptocurrency to Reward Users for Engagement

    By hegemony ,
    • 1 reply
    • 30 views

  7. The lease is among the biggest obligations for most small businesses—the penalties for breaking one can be steep.

    By hegemony ,
    • 1 reply
    • 56 views

  8. Credit card companies tell gas stations to install chip readers...or else

    By hegemony ,
    • 2 replies
    • 86 views

  9. Goldman Sachs eyes merger with Wells Fargo, PNC, US Bancorp spiking stocks

    By hegemony ,
    • 3 replies
    • 72 views

  10. Bank of America sold a first-of-a-kind COVID-19 bond

    By hegemony ,
    • 0 replies
    • 29 views

  11. Banking in the time of cholera: 45 percent of banked respondents said they have changed the way they interact with their banks since the coronavirus outbreak

    By hegemony ,
    • 11 replies
    • 76 views

  12. WeChat launches personal credit rating for 600m users

    By hegemony ,
    • 2 replies
    • 50 views

  13. Visa sees ‘massive’ digital acceleration with millions trying e-commerce for the first time

    By hegemony ,
    • 0 replies
    • 29 views

  14. ‘Revenge spending’ by the rich could drive luxury recovery

    By hegemony ,
    • 1 reply
    • 48 views

  15. Americans are hoarding subprime cash: Savings rate hits its highest level since 1981

    By hegemony ,
    • 12 replies
    • 178 views

  16. Federal Reserve Board announces interim final rule to delete the six-per-month limit on convenient transfers from the "savings deposit" definition in Regulation D

    By hegemony ,
    • 8 replies
    • 94 views

  17. Krebs: Ransomware Hit ATM Giant Diebold Nixdorf

    By hegemony ,
    • 1 reply
    • 32 views

  18. If Landlords Get Wiped Out, Wall Street Wins, Not Renters

    By hegemony ,
    • 0 replies
    • 36 views

  19. Some Las Vegas ATMs empty because of unemployment pay withdraws

    By hegemony ,
    • 0 replies
    • 42 views

  20. National Coalition Formed to Protect Cash Payment Option for U.S. Consumers

    By hegemony ,
    • 3 replies
    • 66 views

  21. Marriott International Raises $920 Million In Cash Through Amendments To Co-Brand Credit Card Agreements With JPMorgan Chase & Co. And American Express

    By hegemony ,
    • 1 reply
    • 47 views

  22. Survey: Americans rack up more credit card debt amid pandemic

    By hegemony ,
    • 13 replies
    • 135 views

  23. Robert Ross was sitting in his San Francisco home office in October 2018 when he noticed the bars on his phone had disappeared and he had no cell coverage. A few hours later, he had lost $1 million.

    By hegemony ,
    • 2 replies
    • 72 views

  24. Ultra-Rich Families With Cash on Hand Pile Into Private Debt

    By hegemony ,
    • 0 replies
    • 46 views

  25. Rich Americans Seize Historic Chance to Pass On Wealth Tax-Free

    By hegemony ,
    • 1 reply
    • 72 views

  26. ''A Bargain With the Devil'---Bill Comes Due for Overextended Airbnb Hosts'

    By smartlypretty ,
    • 1 reply
    • 61 views

  27. Amex Aspire summer benefits due to COVID-19

    By pronto ,
    • 0 replies
    • 51 views

  28. Biggest Banks Set Aside $66 Billion to Handle Bad Loans

    By hegemony ,
    • 1 reply
    • 56 views

  29. Whole Foods is restricting subprime cash payments in some stores

    By hegemony ,
    • 7 replies
    • 113 views

  30. Card issuers are cutting credit limits without warning

    By pronto ,
    • 6 replies
    • 165 views

  31. CC Start Cutting Limits for People Facing Tough Times

    By hegemony ,   
    • 16 replies
    • 741 views

  32. pay wall Romance Between Credit Cards and Travel Faces Strain American Express and others may have to rethink their dependency on travel following the coronavirus pandemic

    By hegemony ,
    • 0 replies
    • 32 views

  33. (SPW) Flood of Business BK Likely In Coming Months

    By IndyPoolPlayer ,
    • 0 replies
    • 41 views

  34. United Airlines sells $1 billion of stock in fresh move to weather pandemic

    By Occam ,
    • 2 replies
    • 49 views

  35. What does it mean to be credit invisible?

    By hegemony ,
    • 10 replies
    • 134 views

  36. Nearly 8,000 small businesses seeking relief loans may have had personal data shared with other applicants

    By hegemony ,
    • 0 replies
    • 30 views

  37. Main Street welfare rewards U.S. restaurant chains, firms in rural states

    By hegemony ,
    • 1 reply
    • 53 views

  38. AXP and Hilton loyalty point purchase

    By centex ,
    • 1 reply
    • 64 views

  39. New Visa policy will help consumers better manage recurring payments for free trials

    By hegemony ,
    • 0 replies
    • 44 views

  40. Bank of America posts 45% decline in first-quarter profit, braces for big loan losses

    By hegemony ,
    • 4 replies
    • 81 views

  41. JPMorgan Likely To Boost Loss Reserves After Earnings Miss Badly; Wells Fargo Flops

    By hegemony ,
    • 3 replies
    • 54 views

  42. Chase’s Merchant Volume Rose 5% Despite a ‘Tale of Two Cities’ First Quarter

    By hegemony ,
    • 0 replies
    • 37 views

  43. Homeowners Seeking Mortgage Relief With U.S. Economy Shuttered

    By hegemony ,
    • 2 replies
    • 64 views

  44. FINTEC: PayPal, Intuit QuickBooks approved to hand out emergency funds to small businesses in coronavirus program

    By hegemony ,
    • 0 replies
    • 51 views

  45. JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens

    By hegemony ,
    • 2 replies
    • 85 views

  46. Fed Predicts Record BK Filings

    By IndyPoolPlayer ,
    • 0 replies
    • 59 views

  47. Another Challenge for Small Businesses: Higher Card Fees Could Be on the Way (PW)

    By hegemony ,
    • 0 replies
    • 48 views

  48. Visa transaction volumes hurt as coronavirus crisis deepens

    By hegemony ,
    • 10 replies
    • 164 views

  49. There’s a Battle Brewing for Your $1,200 Government Relief Check

    By hegemony ,
    • 3 replies
    • 153 views

  50. Credit Unions Throughout Illinois Offer Assistance Through New Loan Products

    By IndyPoolPlayer ,
    • 0 replies
    • 63 views

  51. pay wall Fed to Launch New Lending Facility for Foreign Central Banks

    By hegemony ,
    • 0 replies
    • 41 views

  • Recently Browsing   0 members

    No registered users viewing this page.




  • Our picks

    • Paying off CC Debt

      zpcsc posted a topic in Credit Forum,

      Hello, I've been playing with my cc debt for a while now. I've opened new 0% accounts as suggested on these threads. When the 0% is over I transfer it to another one with 0%, accounts that I already have open. Now with the situation that we are all in, it's going to be a little tougher to pay more than close to the minimums. We owe a total of $25k, I've also worked with my DH's available credit for the 0% cards. 
      I am so tired of this debt! Our credit is good over 700's. I've thought about a personal loan since we receive lots of promotions on these, are these loans personally guaranteed? 
      Years ago they weren't but so much has changed. 
      Thank you for all the suggestions. 
       
      • 15 replies

      Picked By

      Pam ,

    • Can you all please give me guidance on my plan of attack 😢

      Theirmomma posted a topic in Credit Forum,

      First thank you for all the knowledge posted here, I have followed CB off and on for over 10 years. 
       
      So here is me current credit Pic and I don't know what approach to take... except getting credit one and the AT&T charge offs removed.
      Once I receive me new unsecured Cap 1 I'm hoping that gives me a score bump because I really don't have any open accounts as you can see. Discover said no to their secured card 😢 I have been a member of NFCU since 97 but my account is dormant just need to deposit money in savings to make active. But I was thinking I need to wait until I clean up my TU and bring scores up before trying for their secured card.
       
      I'm assuming the student loans are hurting me but didn't want to contact them until I got better guidance from you all. 
      I could desperately use some guidance from you all
       
       
      Fico 8 eports & scores as of March 10 
       
      Experian 558
      Citibank AU $6500 limit $4977 =76% usage  - 9 years old never late - I disputed this account due to usage being high and it was removed- no change to my score 
      Belk AU $9000 limit $1666 balance = 20% usage- 20 years old never late
      Care Credit AU$4000 limit $0 -no usage - 8 years old never late 
      Sears - closed AU no negatives 
       
      CarMax paid closed $19,117 -opened 4/14 closed 7/15
       
      Acendium student loan 44 lates CO $2872 updated 8/16
      EDSOUTH student loan 10 lates CO $1750 account transferred to another office last update 8/16
      EDU SERV OF AMER student loan CO $1984 account transferred to another office last update 12/14
      FED LOAN SERV- closed exceptional payment history 5/15
      GLESI/ Bank of America -closed exceptional payment history 2/12
       US DEPT ED/ GSLI closed CO $1017 seriously past due last updated 2/20
      US DEP OF EDU/ GSLI closed CO $2701 seriously past due updaye2/2020
       
      Inquiries 
      Cap1 3/20 - unsecured card $300 limit in mail 
      Discover 3/20 - declined secured card 
       
       
      TU 509
      Belk - same 
      Care credit - same 
      CreditOne -paid- closed unkown payment history -CO bad debt updated 1/17 
      Discover -same
      Sears-same
      NFCU AU- closed updated 5/23 $20k limit exceptional payment history 
       
      Carmax-same
      All the same student loan info 
       
      Collection 
      AT&T  Mobility $1206  collection opened 9/18 updated 2/20
       
      Inquiries Cap 1
       
       
      EQ 535 
      Citibank same 
      Belk- same 
      Care credit same 
      Creditone same 
      Discover same 
      NFCU SAME 
       
      CarMax same 
      Credit union atl $3803 CO auto- opened 4/11 CO 12/14 - consumer disputes 
       
      EDSOUTH GLESI SAME 
      EDUC SERV AMER same 
      FED LOAN SERV same 
      FED LOAN SERV same 
      US DEPT EDUC same 
      US DEPT EDUC same
       
      Inquiries 
      Cap1 same  
      • 33 replies

      Picked By

      MarvBear ,

    • BofA - Max CL/Based on Income?

      Rogue posted a topic in Credit Forum,

      Well as most of us know, BofA if nothing else, is at least fairly generous with their soft pull CLI requests on a regular six month basis. It has also been well established that BofA has a de facto MAX aggregate unsecured credit card limit of $99.9K for most mortals, however IIRC both Hege and PotO have exceeded this.
       
      So my question pertains to MAX aggregate BofA unsecured credit card limits in relation to total income so that we can set better/more realistic goals and expectations with BofA and not waste our efforts in pursuing limits beyond the BofA underwriting paradigm.
       
      My aggregate limits are just a fraction below 50% of total income, so how far should we push this?
       
       
      • 24 replies

      Picked By

      MarvBear ,

    • Nurse told me I’m in collections. Is that a violation?

      MrsMoneyBags posted a topic in Medical Billing & Medical Collections,

      So my ob office just called me back because I had a health question. The nurse told me I was due for an ultrasound but that they can’t schedule it because I’m in collections for $234. First, I had no idea we were past due but I’m not happy my nurse and probably my ob have access to my financial info. I feel like this could impact my care. I get being deactivated and not being able to schedule because of being past due. But the billing office should be the only one who has that info. If I called in, the receptionist should be the one to say they can’t schedule me until I talk to billing. It feels like a violation of privacy for the nurse to know bc it could impact how they see me and thus, how they care for me. Are drs and nurses allowed to know the billing info? 
      • 4 replies

      Picked By

      MarvBear ,

    • Medical Collections Reporting Wrong

      rcarteraz posted a topic in Medical Billing & Medical Collections,

      Hello, I filed bankruptcy in 2016. Since then I haven't really done much to take care of my credit. Stupid, I know. The main issue I've had is running high balances but I recently pulled my credit reports to see if there was anything else going on. I found two medical collections on my report from after bankruptcy. However, I'm almost positive the services are from before my bankruptcy. For one of the accounts it reports on Experian as IIB with no balance but on Transunion it reports as active with a balance. I tried disputing it via credit karma but transunion came back saying it was accurate and now there's a note on it saying it meets FCRA (see attached image). 
       
      For the other account I'm almost positive it was also a service from before bankruptcy. What's the best process to go about confirming this info? Should I send a debt validation or dispute it with the CRAs? I worry that won't do anything because it didn't help with the other case. 
      • 38 replies

      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