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  1. Hello, I have create a situation for my self that my monthly expenses exceed my monthly income so I been missing payments to my credit cards. I was thinking of cashing out one of my mutual funds and pay off two of my cards to reduce my monthly overhead, Best buy has offered me a settlement offer where I would pay them half of my total statement within 90 days and they would charge off the rest, but they would still show on my credit that this was paid but not all of it. And I still have to reach out to chase to see what options I have with them. My question is, is this a good idea right now I am way behind on the payments and killing my credit but not sure what is my best options. Any suggestions or recommendation? Also I own my home so I didn't want to so a bankruptcy.
  2. https://www.theatlantic.com/health/archive/2019/03/hospital-bills-medical-debt-bankruptcy/584998/?utm_source=facebook&utm_campaign=the-atlantic-fb-test-852-1-&utm_content=edit-promo&utm_medium=social&fbclid=IwAR0hYNKakm4RaH5ZeISLq_MTSvMjMPnHNkuL7eOY8GcGtkOcMMHW4AiRpOs
  3. I just discovered that my Chex Security Freeze was removed after seeing on my TransUnion report, in the supplemental information section, info about Chexsystems and checking account inquiries. I called them up and they informed me that previously they automatically cancelled your security freeze after 5 years, but their policy has now changed and they are now permanent. I explained removal without my permission sounded like a violation of California state law. I had to call their freeze department at 800-887-7652 and request a new security freeze be added to my credit report again.
  4. https://www.cnbc.com/2019/02/13/a-gop-proposal-would-snatch-your-student-loan-payment-right-from-your-paycheck.html A Senate proposal would require employers to deduct federal student-loan payments from workers' paychecks. The plan — backed by the Republican head of the Health, Education, Labor and Pensions Committee — would require borrowers to choose between having 10% of income taken out of their paychecks or deducted over a decade. People can now choose between 14 repayment plans that don't require such garnishment and that are overseen by loan-administration companies. Consumer advocates say the new plan could force people to divert money from things like food and rent.
  5. Hi Guys! I need help with a collection account that recently reported to my Experian report on 2/5/19, “Enhanced Recovery” purchased an old Sprint debt from May 2013. In California our SOL is 4 years. What can I possibly to get this account removed from my report ASAP! Account Name ENHANCED RECOVERY CO L,202752XXX Original Creditor SPRINT Open Date Invalid date Balance $1,302 Debt $1,302 Contact Information 8014 BAYBERRY RD,JACKSONVILLE, FL 32256,(800) 496-8941
  6. Doctor of Credit announced today that there exists a rumour that... Amex's Green Charge Card will get bonus categories 4x "gas" 3x "streaming" and... some form of Amazon Prime membership conjoined with some higher annual fee. It seems that Amex continues to play the "rewards game".
  7. https://www.nerdwallet.com/blog/credit-cards/amalgamated-bank-of-chicago-5x-quarterly-bonus-categories/
  8. https://www.nerdwallet.com/blog/credit-cards/citi-rewards-plus-credit-card-everyday-purchases/
  9. ****PORTFOLIO RECOVERY ASSOCIATES NOW DOES PAYMENT FOR DELETE**** PORTFOLIO RECOVERY HAS RECENTLY CHANGED THEIR GUIDELINES AND WHEN YOU GO TO THEIR SITE THE NEW PAYMENT FOR DELETE ADDITION POPS UP. I was able to do a payment for delete with no problem on 11/28/2018. I have not looked on here to see if there has already been another post. It will come off all 3 credit reporting agencies within 30 DAYS.
  10. Hi everyone, I am hoping to get some advice from the community here. I have an open CFPB complaint against HSBC. To give a gist, I have one of their credit cards with a hefty annual fee. After nearly a year of using the card, I did not enjoy its rewards and continuing with the card does not make any sense. I requested the bank for a product change and downgrade my card, but HSBC told me that this particular card is not eligible for a product change, and that I must close the card itself and simply apply for a new one. Since closing my card would affect my credit history, I requested HSBC to reconsider my request, but the bank still refused to downgrade the card saying that it was part of the TnC. When I disputed that such a condition for no-product-change was never mentioned in the TnC that I signed, the bank refused to entertain me any further. Following the above situation, I filed a complaint to CFPB. Interestingly, the next day I received a mail in my 'Promotions' folder from HSBC stating that an Arbitration clause is being added to my Terms & Conditions. I promptly went ahead and mailed them a rejection notice. Following this, HSBC has now responded to my CFPB complaint saying that, it needs another 60 days to look into my complaint. At this point, it looks to me that HSBC is simply trying to stall me, so that next month, I get charged the annual fee again (that's when the card completes 1 year). This essentially means that they are free to give whatever resolution they want. And if I close the card before that, the whole point of the CFPB complaint is defeated. Is it checkmate for me, or are there still any options left?
  11. Hey guys I'm currently looking to get a mortgage loan. In order to do this, I need to do some tinkering. My Credit Score on FICO 8 is in the 770s - 780s. However, FICO 9 shows at 699 from Experian. The reason is that CitiBank has not yet reported it's new balance to the Bureaus. The utilization on CitiBank shows 110%. It's been at least 60 days, and still nothing (even though I closed the balanced to close to 0% on each statement). They're being quite the inconvenience currently with their delays. Any suggestions? What can I do? This FICO score is really hurting me. I need to expedite this, and make CitiBank report last month's closing balance. As it's holding me back from loans I need.
  12. Hi, I apply for amazon visa on Nov 6, and Nov 10 I receive a letter to call them for verification. I called them, and they ask me some questions and send a code to my phone. But the lady do not tell me if I am approved or not After the call the automated message changes from 7-10 days message to 2 weeks message. Now it's almost 8 days and still in 2 weeks message and no e-mail or amazon visa show up in my account. This is good or bad?
  13. Can you join USAA without serving army or being related to family member who served?
  14. Received a letter today, stating as of 09/24/18, my Barclaycard Rewards MasterCard will be transferred and converted to a Mercury MasterCard, issued by First Bank & Trust, Brookings, SD. All the terms and conditions remain the same. The turd of a rewards program remains the same (essentially 2% for gas, utility, and grocery store purchases and 1% otherwise). This card is in the sock drawer, but I put the electric bill on it every couple months to keep it active. It was a rebuilder card and one of my first cards after my BK7, so hopefully they preserve the account opening date when they make the transfer. It's currently one of my oldest open bankcard tradelines (it's 4.5 years old). I wish Barclays would have allowed me to convert it to a different one of their cards, but they never would. They got pretty stingy with the credit line though. I was initially approved for $2,000, got an increase to $2,250 after 6 months, then an increase to $5,150 in February 2016. They haven't budged the credit limit since that time, being denied them (with hard pulls) for stupid reasons (which of course, is their right so to do). It's funny, the card went from being my highest limit and very first bankcard with a limit over $5,000 (a real milestone for me) to becoming the smallest credit line that I have for a bankcard, currently. Anyway, I've never heard of Mercury or First Bank & Trust before. Wanted to hear anyone's thoughts and experiences with this product.
  15. Fresh off the Printer! CDIA's Popular FCRA Booklet Updated to Include S.2155 the Economic Growth, Regulatory Relief, and Consumer Protection Act Order your replacement FCRA booklet today! CDIA's popular FCRA booklet has been updated to include the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155). Now known as Public Law 115-174, the updated provisions related to the Fair Credit Reporting Act (FCRA) are: TITLE III—PROTECTIONS FOR VETERANS, CONSUMERS, AND HOMEOWNERS SEC. 301. PROTECTING CONSUMERS' CREDIT. SEC. 302. PROTECTING VETERANS' CREDIT. TITLE VI—PROTECTIONS FOR STUDENT BORROWERS SEC. 602. REHABILITATION OF PRIVATE EDUCATION LOANS. Formatted in a convenient, portable size, the CDIA's popular FCRA booklet contains the text of the Fair Credit Reporting Act (FCRA) and all subsequent amendments to the Act. It provides an easy way for you to quickly reference specific provisions of the FCRA. This 93-page mini-booklet is an indispensable resource to users with FCRA compliance responsibilities, such as CRAs, lenders, and data furnishers/users. Stay up to date with your regulatory obligations under the FCRA — an important core risk management function. Order your updated FCRA booklet today! $27 for CDIA members $47 for non-members Save with the purchase of 10 or more FCRA Booklets!* 5% off orders of 10-24 booklets 10% off orders of 25 or more booklets *Discounts are applied automatically. For more information, please visit CDIA website or contact CDIA Education Services or at cdia_training@cdiaonline.org or (202) 408-7417. I just cut and pasted my email. I don't know how long the links will be active from the CDIA.
  16. Has anyone used Credit Suite? Has anyone listened to Ty Crandall? What is your opinion if so? He been saying that with 10 to 15 trades and one being at least 10k that a company can get Amex, Chase etc with not pg. I have also heard this in other places. I am trying to see if anyone else has heard this or accomplished this.
  17. https://www.inc.com/vince-passione/how-credit-unions-are-winning-over-millennials.html #crapflakes
  18. 2018+CRRG+6+FAQ.58.pdf 2018+CRRG+FAQ45.pdf FYI if you may be impacted by natural disaster, etc.
  19. I was doing a bit of multi-tasking and logged into both my Amex and Disc accounts in separate browser tabs. First, I contacted Discover chat to resolve something. Issue resolved, closed chat, left feedback. Then, I opened chat via Amex to resolve a matter there. It contained the entire log from my Discover chat, and kept prompting me to close the chat window as my issue is closed. Seems like a potential privacy/security issue. Though I'm pretty sure that this would be an extremely uncommon scenario and difficult to exploit.
  20. Folks, you have 2 choices: You can either sit there wondering why other people have what they have and can do what they can do, while you don't and can't, OR you can learn how to get what they have. I chose the latter. Here's my testimony: 10 months ago, my credit was so bad and scores were so low, I couldn't even borrow from myself (joke). I watched my brother fix up his and his wife's credit 15 years ago. Since then, they bought 2 homes, 1 in Baltimore and 1 in Pittsburgh. He was telling me that he was at the point where he could walk into any dealership and walk out with a new car, just like that, with no money down. I admit, I was kinda jealous of that. ME ON THE OTHER HAND, I remember one time coming home from driving over the road and trying to rent a car (with cash) for the weekend, and I couldn't because they required a credit card, which nobody in their right mind would ever give me. I was actually delusional enough to apply for a credit card. I'm surprised they didn't call the cops on me! 😂 I remember having to pay a huge deposit just to get a cell phone. 4 months after making a decision to fix my broken credit report, starting a credit repair program, learning the laws that govern debt collection practices, actually doing the work myself, as oppose to hiring some lame credit repair company (*caugh* Lexington Law) who just wants to make money off my misery, and learning how credit works, my credit scores went up nearly 200 points. My credit never looked this good in my life! Now, I'm getting approved for everything I couldn't before. All because I made a decision. Stop making excuses and start making that decision. Go get that house, car, loan, vacation, whatever it is you want or need that you think you can't.
  21. Just a heads up...potential buying opportunities lurking since there are still too many people out there in homes they really cannot afford and where the quarter or half point will result in the foreclosure processes commencing. This represented the third move this year, and the benchmark is STILL cheap...this move only took the rate to 2.25% but it is the highest since April 2008. Expectations are between two and four hikes also on tap for 2019... And yes, for those who revolve balances on credit cards, this ALSO means THOSE payments will be increasing. The other bright spot is that this means hikes on savings rates, although they still remain minimal in terms of anticipated gains on those amounts.
  22. https://twocents.lifehacker.com/credit-freezes-will-soon-be-free-1828993474
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