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About joshmerd

  • Birthday 02/21/1981

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    Chucktown, South Khakilaki

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  1. Hi! Back in October, 2015 I purchased a car via Capital One Auto Financing. The interest rate is 18.45% with a monthly payment of $302.14 . Anyway, my current balance is $4,738. About 7 months ago, I decided to switch to bi-weekly payments which has reduced the payment term by about a month so far. The payment amount isn't an issue (other than the fact that I want to pay if off quickly), but Capital One doesn't offer lower interest to current borrowers and they don't refinance their own loans. I am also having trouble finding lenders who finance less than $7500. Any ideas other than to keep plugging along? Thanks!
  2. I just got a reply for a goodwill adjustment I sent via their online contact form. Here is the response: Dear joshmerd, Thank you for your inquiry and for your business with Navient. Unfortunately, we are unable to process a goodwill or courtesy adjustment. Navient does not remove information that was accurately reported. Under the Fair Credit Reporting Act (FCRA), a furnisher of information is obligated to accurately report the information it furnishes to the consumer reporting agencies. We apologize for any inconvenience that this may cause. If we may be of further assistance, please visit our website at Navient.com. Or, you're welcome to call us toll free at 888-272-5543. We're here to help you Monday through Thursday, 8:00 a.m. to 9:00 p.m., and Friday 8:00 a.m. to 8:00 p.m., ET. Sincerely, Elizabeth, Your Navient Email Representative I only asked to remove ONE 30 day late back in 2010. My wife is awaiting a response from them that we sent to the CEO's email address. Maybe that will come back differently, but I doubt it.
  3. Good morning, all! It has been awhile since I have posted, but you guys (and gals) have been great in the past to me. I didn't know if this is the right forum for this particular subject, so feel free to move forums if need be, mods. Anyway, I foreclosed on a home back in 2010. The mortgage was an 80/20 and the secondary loan wasn't included in the foreclosure (which is normal I'm told). Anyway, What should I do with this? Should I leave it alone or offer a settlement PFD? I'm pretty sure the SOL is up (I'm in SC). Should I wait a little bit and dispute as obsolete? They haven't contacted me in quite some time, so I am afraid of waking the beast if I were to offer some type of settlement. Thoughts? SELECT PORTFOLIO SERVICING3815 S West Temple Salt Lake City, UT 84115-4412 (800) 258-8602 Account Number: XXXXXXX Current Status: CHARGE-OFF Account Owner: Individual Account. High Credit: N/A Type of Account : Mortgage Credit Limit: N/A Terms Duration: 15 Years Terms Frequency: Monthly (due every month) Date Opened: 04/01/2006 Balance: $24,027 Date Reported: 09/01/2009 Amount Past Due: $3,177 Date of Last Payment: 12/2008 Actual Payment Amount: $0 Scheduled Payment Amount: $265 Date of Last Activity: N/A Date Major Delinquency First Reported: 09/2009 Months Reviewed: 35 Creditor Classification: Activity Description: N/A Charge Off Amount: $24,027 Deferred Payment Start Date: Balloon Payment Amount: $0 Balloon Payment Date: Date Closed: Type of Loan: yes Date of First Delinquency: 08/2008 Comments: Charged off account
  4. I put a stop payment on a check last year and they got P-I-$-$-E-D! They didn't like that one bit. They released the hounds on me as soon as I did it. But, I didn't have a leg to stand on. It seems like you have a better reason to stop it (mine wasn't old). In the end, I was able to fight it harder and get what I wanted. Good luck!
  5. Alright, we've decided to let them have it. I will fight the deficiency later. Now, how can I get the license plate back so I can turn it in...?
  6. After you get the letter, try to negotiate a lower payoff...maybe even with a pay for delete...don't just cave to their first request... That's what I was thinking. Now, to talk my wife into it...
  7. Yes. It is embarrassing to say, but I refi'd a few years ago and got my payment way down. Stupidly, I didn't keep paying the old payment so I could have it paid off quick, and put the money to other uses. I understand, and I agree. But, I have two other car payments and can't afford another one. Plus, my credit is way too low for another car loan (my sig is old scores).
  8. what state are you in? South Carolina
  9. Thanks. So, either way it will hurt me. I don't really want the car back. It seems like its more trouble than it's worth to 1) get it back, 2) make payments on a car we don't use, 3) attempt to sell a car that I can't get a lot for. Ugh! This decision just got harder. I want to get it back because I am afraid they will only get a very *minimal* price at auction. So, it's a crapshoot as to how much and if Crap One will settle for less. BUT, I also don't like the idea of trying another 5 months (or longer) to sell the stupid thing.
  10. Hi! To make a long story short, I bought my wife a '06 Sorento back in March because we had our first baby and her 1999 Z28 Camaro wasn't going to cut it anymore. We owe $5800 on the Camaro and because of lack of work and reduced income I have to pick and choose which bills get paid each month. So, we fell 3 months behind on the Camaro. We have been diligently trying to sell the Camaro, but the best offer we got was $4000 because it has some mechanical problems. My grandfather (God bless him) said that if we could sell it for $4000, he would help us pay the remaining $1800 balance on the loan. So, I called the guy who offered $4000, but unfortunately he had bought something else the same day. Two days ago, the repo man came and got the car. Apparently, he was good because my wife didn't even realize it was gone. Anyway, Crapital One says we can get it back by paying $1172 in late payments/fees plus the repo company's fee. I don't know what I should do. Should I get it back and still try and sell it (most likely still at a loss), or let them sell it at auction and try to make a settlement offer for the difference? I have another car that is my daily driver, so we never drive the Camaro. Also, if we cure the past due balance and get the car back will it still show up on our credit report as a repo? As usual, thanks for the help!
  11. Hi! DW received a call today from our friends at Portfolio Recovery. They told her it was for an old Crap1 account opened in 1998, with a last payment date of July 26, 2003. The amount they say it is for is $1761. We are in SC, and the SOL is 3 years. So, that has obviously passed. Before I send off my regular plethora of letters, I wanted to know what their next move would be. I know the SOL keeps them from suing, but what else would/can they do? Thanks!
  12. Okay, here is a weird situation about the account. Last night, I logged in to Juniper's website just to see what the actual balance was. This time, it let me make a payment (before, it told me to call customer service which transferred me to a company 'Harvest something'). It let me do this for BOTH Juniper accounts (the other one I am fighting with Phillips & Burns). Weird, eh?
  13. I sent them a limited C&D after that, just got the green card today . Back on this topic: I sure hope that stop payment goes through in time. I am supposed to call the lady back before 9pm eastern but don't think I will.
  14. Well, this guy only asked for my contact info. But my grandfather didn't give it to him. This is OT, but a guy from Phillips and Burns actually DID call and threaten my grandpa and talked about garnished wages, etc. AND he told him the balances!!!!

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