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Hotpockets101

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  1. Thank you all for your help and resources! I really appreciate it.
  2. They're saying it's an installment loan, they mailed a check to someone and they cashed it and now I owe them. They won't say where they mailed the check or anything else due to "privacy concerns" and I will need to come in-person for him to give me any details. The supervisor says it is because they gave some unknown third party information on the loan and are not willing to speak to anyone else over the phone (it sounds like they've been calling tons of random number). It shows as an installment loan on my credit report which is why I paid them since it was like 3 days from going 30 days late according to them. I told them I didn't take a loan out with them, they said I would need to file a police report and include one member of my family or other person as a suspect for them to move forward with any fraud claims. The loan is apparently in the form of an unsolicited check and it's "wire fraud" to cash it and not be the person who it was addressed to. I'm assuming they mailed it to some random address since they didn't even have my phone number to call me. The lawyer who called me said that they called his office thinking I was him trying to collect the debt and gave him my phone number. I figured this was a scam until I checked my credit. I'm extremely confused but I haven't had credit problems in forever and can't dream of having to deal with lates on my report again so it feels like some kind of blackmail with my credit report. I'm actually quite upset because they're on my credit report and I've never had my identity stolen AND had the people stealing it giving it out to others >_<.
  3. Regional Finance claims I owe them a loan for a check that was mailed in the mail. They claim that likely one of my family members cashed it and I would have to pick one and file a police report against them for me not to owe the loan. The loan is on my credit report somehow. I went ahead and paid them to prevent it going 30 days late (I pulled Transunion and sure enough a loan for like a grand is there) while I figure out who in my family cashed their check, but in the meantime they apparently were calling random numbers and happened upon a law firm with a similar name to mine. According to this law firm, they gave them my phone number as they were complaining about the debt calls. They said they don't take these cases, but what Regional did was illegal but they also are sending me a cease and desist because they don't want me giving creditors their number but I didn't know who they were. I called Regional Finance back, they apparently were in some kind of panic about this but told me they're really sorry that this will be a company wide national training lesson on how to handle customer's data... is that mean they're just going to give everyone in their company my details now I'm so confused. I'm not sure I trust them anymore considering they gave my phone number out to some random people I don't even know but won't tell me where they mailed this check to or who cashed it. What are my remedies here? I'm pretty sure someone may have stolen this check or something if no one in my family actually did it (I mean I'm good covering for someone vs. putting them in jail if they're blood) and they're also like doxxing me to random law firms and they're on my credit report.
  4. I got $50 at Amazon for using my Discover card and $1 in points.
  5. Dave, MoneyLion, EarnIn, etc. are all payday lenders who wrap the package up into a consumer friendly feel good package, with APRs in excess of 300% if you do the math. They pull monthly fees and/or tips, which on small short term loans don't look to be that bad, but if you do the math it comes out to be really exploitative. MoneyLion: $500 5.99% APR loan if their scrub of your bank account shows you can pay them back, no credit pull. Sounds fantastic, except it's a $20/month fee and they may hold a part of your loan to soak float in while you pay it back. They push referrals to sub-prime products and scam artists. You can get the $20/month back by using their checking account and opening the app everyday, which to any bank works for them. If you using their bank account they'll let you take a payday loan of up to I think $250, but request a tip. EarnIn: Up to $1000 in $100 increments cash advance on your check, based on scrubbing your bank account. They require tips in order to increase available limits to borrow. The usual requested tip is $9 on $100. That tip is the hidden interest. Requires location data to prove you're at work or an employer who pushes payroll data to them to prove hours. Dave: The $1 monthly fee is innocuous, but Dave requests tips and guilts you into it if you don't tip them. https://support.dave.com/hc/en-us/articles/360002647991-Tipping There are plenty more apps, but they all run the same gambit of basically hiding the extremely high APR behind some consumer friendly fuzzy math. App only banks like Chime are getting into it, they have the data already and your ability to pay them back. So they'll offer "$25" or so until next payday then request a tip. The tip is super easy to click on the app. Tipping anything again is a super high APR and the intent is to get someone into the cycle of relying on those small loans to get them through to next payday. While they're often better alternatives than over-drafting, just not over-drafting at all is better.
  6. You know what you're right. I should have just went in person to a local CU and tried that first. A lesson learned. Maybe in a year or two I can try my luck at a refinance. It worked on my first loan. I'm signed in when I try to download it.
  7. It says "Unavailable" to me and I get this error: Sorry, there is a problem This attachment is not available. It may have been removed or the person who shared it may not have permission to share it to this location. Error code: 2C171/1
  8. Hey Marv, the download here doesn't work. Thanks a ton for the replies. I figured it was a decline for a multitude of reasons (which is fine, I'm super happy being below 10% interest less than a year out from discharge), but the reason just seemed odd since all the inquiries in 90 days were auto pulls. Them being lazy makes sense. Some of them are coded wrong, at least on the web, but I'm guessing I can just not care since I'm not going to look for credit till these accounts age for a long bit.
  9. I'm going to try to make this as brief as possible to respect everyone's time, my question is at the bottom if you want to skip the story. I filed for Chapter 13 in 2016 and then converted to Chapter 7 which was discharged early in 2019. After the conversion, I returned the vehicle from the bankruptcy and bought a $25k car at $0 down at CarMax at 16% interest w/ CarMax financing it. In June I refinanced it with Capital One for 8% interest and have been making double payments. Between the discharge and July I opened four $0 annual fee credit cards w/ above $1k limits, which show less than 10% usage each on my credit report. All good here. No pulls, no inquiries, etc. until... My SO wanted a new car mid-October and had saved up $15k to use toward the purchase, with the intent to finance $10k and put the rest down in cash. Being the one with income, I was going to do the purchase. They went to 3 dealerships, worked out 3 deals, choose last minute not to get the car. They bought a car from CarMax, COAF did a low interest offer, took it, returned the car the next day. Then went to another dealership, bought a car, financed $10k and put the rest down in cash. COAF took a third loan, same low interest, all good so far. In the pursuit of trying to get a better interest rate (below 5%), since I'm likely not going to make double payments on both cars, I applied with a few local credit unions during this process. All declined, due to the bankruptcy, no big deal. One of them gave me a decline and this was their only reason: "HAS 23 INQUIRIES WITHIN 90 DAYS" All 23 inquiries were from dealerships / COAF (who had 10 of them) / a myriad of other auto lenders. I looked at my report and while most of the inquiries are labeled as Auto, a lot of the local CU pulls the dealer or myself did aren't labeled as Auto. I thought that auto inquiries all counted together (I assume only for scoring, but I would think someone buying a car is going to rack them up since dealerships have no qualms about running you through every lender in the book) but that is such an odd reason to decline, especially when I was putting more than half the vehicle down and shopping around for cars. I could get for instance Bankruptcy or too little credit history post-bankruptcy like the other CUs, but it just says in caps "HAS 23 INQUIRIES WITHIN 90 DAYS." Should I dispute everything not listed as an "auto" inquiry or is this just a CU finding just some reason to decline the loan? Should I dispute the COAF inquiries to see if the credit bureaus will condense them into one (I'm guessing no, that seems silly)? I don't know why that decline bothered me, it just seemed odd that they would ding me for auto loan pulls for an auto loan.
  10. I think they're more interested in debit card transactions and bread/butter refinancing healthy loans. My first call with Jamie included a discussion asking if I was interested in a car loan refinancing. Since then I've received about 4 calls with the same scripted message (I don't answer my phone often).
  11. I believe a year. I "reactivated" mine a year ago and it closed a few days ago. In my searches, it seems a year is about average. It is my only account that I don't use actively.
  12. When I had a thin file, I got a Kays card for 1,300 which started my climb out of toy hell. I just checked my reports today and it was closed for inactivity. I had read that "closed by creditor" was bad during manual reviews, i.e. during mortgages, but if it was closed for inactivity is that bad? I don't care if the account isn't open anymore (I never shop there), but I don't want it coming back to haunt me later in life. If it is considered negative, can you get Kay's to reissue with the same account # (and then close it) or is there no recourse?
  13. Where can you see your limit? I looked on the paper statement AND online and can't see it. Maybe I'm just kinda stupid and can't find it
  14. Credit Application: Your Age? 25 Your Equifax Credit Score? 710 Your Experian Credit Score? ?? (722 FAKO) Your TransUnion Credit Score? (722 FAKO) How many years have you been on file with Equifax? 2 How many years have you been on file with Experian? 2 How many years have you been on file with TransUnion? 2 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? No Will this open auto loan be a trade-in? How many late pays within the last 12 months on the currently open loan? How many late pays within the last 13-24 months on the currently open loan? Your current open auto loan is financed with? Your current open auto loan payment is? Estimated amount you may be upside down in this vehicle? Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? 10 Total percentage utilized overall? 2% How many of your revolving accounts are store cards? 5 How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 5 How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 0 YOUR PERSONAL INFORMATION How long at your current residence? 1 Year, 6 Months Do you Rent or have a Mortgage, or Live w/Relative or Other? Relative Your Monthly Rent or Mortgage payment? 0 How long have you held your current job? 5 Years 8 Months Your total provable monthly gross income is? 1,600 Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return, or bank statements) bank statements, taxes Is there additional monthly income? What amount monthly? non Describe the source. Is the additional monthly income provable? Spousal income is not applicable. YOUR DOWNPAYMENT Please tell me your exact down payment in cash? (rebates and trade equity are not considered, please input a dollar value only.) 4,000 Does any credit repository contain any Public Record? no If yes, please very briefly describe. Does any credit repository contain any Collection Account(s)? no If yes, please very briefly describe. Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 7 Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 10 (no lates) Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 10 (no lates) New or Used vehicle you are considering: Please very briefly describe. I'm thinking a Nissan Maxima, somewhere in the 10-15k range, or any car really within that range at the moment.
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