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Hi all. I've got some credit card debt totaling about $7500 and spread over 4 cards. It is 3-4 years old and all held by Midland Credit Management. The statue of limitations is 6 years (Washington State). I've been ignoring them because I've had a series of health events and am now basically indigent and will be probably for the next few years. My question, should I break my silence and write them to notify them of my situation and complete inability to pay? My goal would be to let them know that, no matter what they do, there is no money to send or take, and hopefully they would stop and not move to court. Is there a down side to this sort of contact? Does it reset anything? I'm not really ambulatory and I'm constantly in a great deal of pain. If they sue me I would need to go to court, perhaps more than once and I don't think I could handle that. That and they wouldn't be able to get any money anyway. Any advice is appreciated. Also, does MCM tend to sue? It's been a long time since I was deeply involved in this but this board was always helpful. Thanks!

We had a lease w/ Chrysler- paid 100% on time. Turned the car in the day it was supposed to be. Apparently, the dealership didn't pay Chrysler for over 2mo, and now Chrysler has hit us with (2) 30-day late pays. They're saying they can't do anything without a 'Letter of Fault' from the dealership. The dealership is playing games and saying they have no record of the car, even tho Chrysler has confirmed they received a check FROM THEM for $23k, 2+mo after I turned the car back in. A friend of mine suggested I take them all to small claims court- and that they'll not only settle, but remove the late pays completely and possibly offer some compensation for the damaged credit for the past 4yrs. I've never sued anyone before, and really don't want to go thru that process. Anyone have any suggestions on getting this taken care of easily? Thank you!

Anyone want to place bets?????????? I have two accounts that are scheduled to stay on file till 02/24. Will they fall off on 02-01-2024? Or just an unspecified date within the Month of February Or actually fall off on 03-01-2024? I am not disputing them, I am just trying to figure out how the major Credit Reporting Agencies work and periods for scheduled deletion. I will follow up in this thread and let the board know as soon as I know. Any thoughts or guesses?

Did anyone else get Mr. Smith data breach letter? They are offering 24 months of credit monitoring through TransUnion. Big whoop.............

Hi all, so I’m new here and haven’t really been sure where to turn for advice and questions on this topic so sorry if I’m posting this in the wrong spot. I work as a mechanic right now and I bought a toolbox and some tools for about 4k through the leasing option that was offered. I didn’t ask much questions since I didn’t know what I know now about credit and lease/loan options, and the seller didn’t explain them to me just told me to sign. But I’m stuck paying 230$ a month for another 3 years (been paying for about a year before I started getting info on the lease) the early buyout amount is the same as if I kept paying monthly (about 9k). There is no interest according the the company but they have a fixed price and term length. Basically what I want to know is can I get out of this? If I were to do like a voluntary repossession since it’s an equipment lease that I don’t see on my credit report while the repo hurt my credit? If I do have them repossess it and they sell it to cover the amount I still owe, will it come off the original 4k that I financed or my 9k buyout? Should I get a lawyer to look over the contract and see if there is a way out? Clicklease is an absolute scam of a company. They have refused to cooperate with me. For the first 5 months of my lease (when they offer an early buyout at the purchase cost) they never answered any of my calls or emails. And even as of late they give me no options to help me and minimal information unless I ask for very specific things. Clicklease has already had several lawsuits filed against them and 100s of bad reviews. But they still have a 4/5 rating with the BBB because of 100s of fake reviews.

I see this question posed quite often so I figured we could have a thread where people could post their obsolete deletes. The info we would want to list should be; Which CRA, how many months till fall off, and how it was disputed. I just had a few deleted from TU. I disputed them through US mail non certified. They were 5 months from deletion.

Hello, wondering if you can help or offer any suggestions. Long story made shorter, I took a loan from my 401K to pay college tuition for my daughter. The retirement company changed hands with my employer. as a result, the terms of the loan changed....my payments increased and was no longer to be taken out of my paycheck. I received a letter from the IRS saying the funds are now considered a withdrawal. I have not called the IRS about this yet. Like the Original poster, I was going to call to solicit help from someone more knowledgeable to see if there are any options here. thanks in advance.

Someone please help me I am trying to get an eviction off of my credit report. It is the only thing I have aside from two medical under $200. My eviction collection is 1500. I have Navy Federal and I am now working really can use a credit card, but wanting to wait a few months my score is 524.?

Hi, One of my family memeber had a NFCU LOC in the amount of 5k that was closed in 2019. They have not made any payments because they have no means of income and partially disable. They recently received an email from LVNV that NFCU sold the account to LVNV (Resurgent Capital Services). I want to help them navigate this. I want to ask how they should handle it? Is the NFCU LOC agrement is same as CC? In this state, SOL on CC agreement is 6 y.

http://www.ibj.com/articles/58982-brown-mackie-to-shutter-indianapolis-campus-in-nationwide-retreat

Sorry, I live in but Im not from the US first of all. Currently in AZ A gym that you can visit Any Time and their partnered financial solutions is trying to collect a $211 fee for a $50 payment that I have proof which I paid. I also have proof of cancellation and proof of them receiving my cancellation via email. ive asked for debt validation 3 times with no response. I have a paper trail of everything I dont want this impacting my credit score and I also want to explore the option of a payday here. Can I sue if they try to send this debt collections? And yes, I have absolute concrete proof that I paid.

Monifi/Mid first bank closed my account,while I realize they reserve that right, they told me in 3 different written communications that I would have access to my accounts until the 17th of November when in fact they revoked that access o. The 10th of November. Customer service has been less than helpful and has given me conflicting information. What are my options for an expedited solution? There’s 10140$ in there that they transferred right before they froze it and they continued to pull money from another account after the blocked my access. Thank you

Any explanation would be great. I thought to list a series of events would be better than some long paragraph. I have pics and proof for all events below. Mid May: Ordered Vehicle (checked credit score showing 730 at the time) June 7: Toyota Financial Services received payment for old lease June 12: TFS closed account June 30: TFS reported to the credit bureau account closed on June 12 Friday July 9: Credit was pulled by dealer (first of knowing of outstanding balance on a said closed account)Was able to get bumped to a Tier 2. (Nothing was reported nor sent to me that I had an outstanding balance) Monday July 12: called Transunion because their score was what was pulled that hurt the deal. Transunion said that they show nothing of delinquency on my report AND show no history of it being removed nor it ever being on there in the first place. Evening July 12: called Experian because no other apps were showing a tier 3 credit score. They also said they had no history of it ever being on my report. (Talked to about five differnent people) They put me on a callback list to speak to a supervisor. Associate had said supervisor was in a meeting and would call back. July 13: Called Experian again to figure what happened. Received notifications that my credit score had increased 66 points and delinquency was removed notifications on Experian app. (No certainty that it was removed from report because they said there’s nothing bad on my report. I guess I take their word for it??) Evening July 13: received a notifications from credit apps that Toyota Motor Credit has reported positive activity on a outstanding loan balance. Loan paid. July 14: Called TFS to request document to cross reference dates. July 16: Called TFS to speak to Toyota Motor Credit. Turns out there’s no one to speak to in that department. It’s the same as calling TFS. Called Experian again to ask why they are just now reflecting on my credit that I had an outstanding balance that was just closed on July 13 not what TFS sent which states that it was closed in June 12. Experian had told me that the account was closed in June but when I explained to them that’s not what I’m seeing in my emails and notifications, they became combative and hung up on me. No one can tell me how and why on July 9, a inaccurate mistake cost me money and no one can send me my credit report to verify that there’s no delinquency. TFS agree that someone dropped the ball (but not them) and is willing to send any and all reports they have on my accounts. All credit bureaus has yet to send me to any documentation of removal of alleged delinquency and I will never know what happen on July 9th that cost me money. I’m paying more than I should and I could’ve been out of $1k(nonrefundable deposit to order vehicle) because I will not sign a tier 3 deal. Who knows how long I would’ve been without a car in this market if that were true.

Please excuse the lengthy post... hopefully you guys can give us some guidance regarding an issue with Citibank and our Citi AAdvantage Platinum Select World Elite Mastercard. Here is the situation: Citi AAdvantage Platinum Select World Elite Mastercard We had a Credit Limit of $9,000.00 On 9/23/2020 we made an electronic payment of $5,000.00. Due to financial complications resulting from the COVID-19 pandemic the payment of $5,000.00 was returned. At no point were we informed by Citibank that the aforementioned credit card was closed. However we also did not communicate with Citibank. We dug ourselves out of our financial issues and called Citibank on 3/24/2021 in response to an email we received about making a payment. At this point our balance was $15,359.93 The issues begin with the 3/24/2021 call: On 3/24/2021 we spoke with a Citibank Representative and arranged to make a payment of $6,360.00 to be processed on 3/29/2021 on the condition that once it cleared the account would be: 1. In good standing 2. Open 3. The card would be active (meaning we’d be able to use it) We verified the above 3 conditions multiple times with the Citibank representative and they confirmed. As a side note, I remember specifically giving the Citibank Representative I spoke with on 3/24/2021 an example of what my definition of open and usable was so there was no confusion. We also agreed to setup automatic minimum payments. On 3/25 we received a message from Citibank confirming that we had enrolled in autopay - no where in this message does it state that the account is closed. In fact it reads as if the account is open and in good standing. On 3/29/2021 the payment in the amount of $6,360.00 processed, cleared our account and posted to Citibank. And in fact based on what the Citibank representative confirmed on our 3/24/2021 call we made an additional payment on 3/29/2021 of $4,000.00. We received an email from Citibank confirming this and again at no point did it state the account was closed, and again it reads as if the account is open. On 3/30/2021 after we confirmed both payments ($6,360 + $4,000) cleared with no issues, we checked our account to make sure the card was active - as the Citibank representative told us it would be. At this point we became worried and began calling Citibank. We spent at least 4-5 hours and multiple phone calls on with different Citibank representatives, none of which could give us any direct answers. Finally, after poking around on the internet and in message boards we found a number for the Citibank Executive Response Unit. We spoke with a very polite and helpful Citibank Representative in the Executive Response Unit who opened a case for us. At this point I sent multiple emails following up and outlining what had transpired on the 3/24/2021 call. We never once received an email response confirming receipt of emails. Every-time I would have to call and confirm receipt. At some point we were assigned a representative with the Citibank Executive Response unit. After multiple emails and phone calls, they called us back on 4/12/2021. On the 04/12/2021 the rep politely told me she listened to all our phone calls with Citibank especially the call in question that took place on 3/24/2021. The rep acknowledged/confirmed the following: That the Citibank Representative I spoke with on 3/24/21, stated multiple times when asked by me (multiple times) if by making the payment of $6,360 it would bring our account; in good standing/current, open, and usable - the representative answered "Yes". She also acknowledged that in addition to answering "Yes" the representative communicated to me in other ways that by making said payment the account would be in good standing, open, and usable. We expressed to the rep that Citibank should honor what they committed to on our 3/24/21 call: An open account, in good standing, and with a useable card. While polite and understanding the rep said there was nothing she could do. After we pressed her and explained we felt Citibank’s behavior was deceptive (We did not use the word fraudulent, although we believe it was) Tanya offered us a $150.00 statement credit, to which we declined. On 04/12/2021 following the call with the Citibank rep we sent a follow-up email, confirming what transpired on our call. We called the Executive Response Unit on 04/13/2021 to confirm the email was received and forwarded to said rep - this was confirmed. On 4/13/2021 we filed a complaint with the CFPB - that read similar to all of the above post. In addition we stated the following would be an appropriate resolution: For Citibank to honor what they agreed to on our 3/24/2021 call. Open our Citi AAdvantage Platinum Select World Elite Mastercard so it is usable again. Bring our account in good standing with all 3 credit bureaus Maintain our Credit-line of $9,000.000 In addition, considering what we’ve been through we’d like them to make a goodwill correction with all 3 credit bureaus. On 4/27/2021 we received a response from Citibank via email. Which basically stated there is nothing they could do, the account would remain closed, there would be no Goodwill correction with the CRA's, and that they would in fact report the account to the CRA's as "disputed by consumer". Also on 4/27/2021 we received an email from the CFPB stating that the company has responded. Status on the CFPB website shows "Closed Company Responded" And here we are today... What do you guys think? Should we push this more? Is there a way to escalate further? Any and all advice/suggestions/comments much appreciated!!! Thanks in advance!

Any advice is much appreciated! I graduated with my masters in Aug 2020 and havent had a full time job since Dec 2019. My mom was laid off because of covid in March 2020 and I stopped making payments to credit cards after graduating from my masters (Sept 2020) because my student loans stopped coming and my mom could barely make her own mortgage payments. Since Sept 2020, Ive severely damaged my credit and am now in over $27k cc debt. I've since moved to Europe and don't plan to come back to the US, at least not for several years, to pursue lower cost education here. I don't know how to proceed with my cc debt because I've been told since my credit is already tanked that it wouldnt matter if I pay off my debt, attempt to lower my 23-25% interest rates on my 9 credit cards, or try to negotiate a lower payoff. I work part time remotely for a client in the US but the work is random and not guaranteed. The most I've made since I started with her in Dec 2020 was $1100 a month. I contacted a debt consolidation law firm in the US but they want to charge me a $750 retainer and then $600 a month for 36 months to pay off my cards. Im waiting to hear if they guarantee these cards will be paid. No idea how to proceed and feeling overwhelmed because I want to do the right thing but Im drowning in interest rates and have called two banks to talk with them only to be yelled at and shamed. Do you have any advice for me?

Trying to help a friend and thought I'd pose the question to the board as I do research here on best course of action. I'm having a little trouble deciding on the best advice to give here... Backstory: Financial hardship going back years. Besides making some poor choices, extenuating circumstances exist... ~3.5 years ago, 2 things converged - debtor decided to take highest balance and highest APR CC, and get Cap1 to zero-out the APR via 60-90 day late (thought that was the only way to get the offer). Right before that ball rolled, Cap1 sold the account to a theretofore unknown CC Co. Debtor decided to stick with the plan and on day 80-whatever, got the financial hardship, closed account 0% APR with the new CC Co. Balance was $7K. Fast-forward 3 years, this company supposedly sent 2 letters saying the financial hardship plan was expiring. Debtor received no communication from them in the mail. Received no email. Company is claiming they sent them. Company is saying the payment plan the account is under is no longer available and they've reinstated the original APR but did not reopen the account (at least to the debtor's knowledge they have not). Debtor will not be able to manage under the reinstated APR (26%), balance is now ~$5K. Debtor was under the impression that the payment plan was there until the account was paid to 0, as they closed the card - does not recall receiving any written confirmation of the payment plan terms, and it will take some time to dig through files (if they did provide something in writing, it is saved somewhere in a file). Calling the company was bush league - seemingly no financial hardship department, agents who didn't seem to understand what options were available for financial hardship, could not answer whether the account was currently open or still closed, request to speak with a supervisor has so far gone unheeded - no returned phone call. What I'm trying to determine firstly is - what rights does the debtor have here if any? Is there any recourse for not receiving notification of this expiration? Currently there is no option to transfer the balance. I'm unsure whether to advise for a flat "withhold payment and settle." But perhaps it has come to this. By all accounts there are no professionals to speak with via phone for this CC Co. Maybe this is just a strategy of "best of bad options to dump this creditor and move on." Appreciate help in brainstorming...

So I disputed (or so I thought I disputed) addresses off the Big 4. TU removed all addresses except for my current. EQ has my current and another non-BK address. EX won't budge. All bureaus froze. Microbilt, LexisNexis, SageStream, Chex, you name it. Try to get full verification of the bankruptcy on my file, thinking the whole Trial Rule 1005 thing would help me (this rule makes only the last 4 of your social, full name and addy public-facing). No dice. This was the response L/N fed me, including a few notes in RED. Please critique, tell me I have no chance for removal, something....

Living in Texas and law firm has Texas address. Was contacted by Rausch Sturm law firm who say they are representing portfolio recovery associates. They list the original owner of debt as Barclays credit card so I know it’s real. I want to pay the debt. It isn’t past the 4 year statute in Texas because original debt is from 2016. However, They do not indicate an offer. They just indicate I can contact them via phone or mail to discuss options. Should I wait till they make an offer? Should I call them or write a letter? I’ve seen websites discussing advantages of both calling and mailing so I’m not sure. I can afford to pay as much as 2000 of the listed 10k. Or can I do some kind of hardship payment plan? The law firm haven’t offered either option. Portfolio Recovery did, but I guess these guys have the debt now, so should I make a first offer or wait?

Lovely Navient is posting 4, yes 4 charge-offs on my credit report. I'm starting with Equifax. Round 1: Disputed because there was still a past due balance showing on the charged off accounts (all of them). One Navient Account deleted, the rest were "verified." Equifax "updated" the "date of last payment" to literally June 2020 ... on charged off accounts. They still show a past due balance, even though the debts were sold to a collection agency. Round 2: Sent a method of verification letter to Equifax. Equifax responded with a "We don't have a credit file for you" letter. Stall tactic? Round 3: Sent a second method of verification request with copies of the "we don't have a credit file for you" letter, proof of identity, copies of their previously "verified" accounts/"investigation results" pointing out they reported payments on charged off accounts. Interestingly, the "little boxes" that appear under the accounts which tell you if it's a timely payment, late, or a charge off still show a "late/charge off" for the months Equifax says they verified I made payments. Result: Investigation is PENDING. I signed up for MyFico and apparently, Navient is reporting these charge offs/lates, FRESH, on a monthly basis - even after they sold the debt. Is this legal? How can I be late on a debt that doesn't exist anymore since they sold it off? I had a charge off before for a credit card a long time ago and once it was charged off and sold (Navient sold the debt as well) it wasn't reported every.dang.month. Is this legal or some sort of reporting violation? Am I doing this correctly? Should I do a 609 and demand that they show me a copy of my MPN? TIA!!!

Trying to help a friend and not sure what to do. They were just served with paperwork from the Courts in Osceola County, Fl. It was filed by Raush Sturm on behalf of Sears for some appliances purchased almost 5 years ago. The account was interest free and when it came time to make the final payment it was offered to Sears to split the final payment within 7 days of each other to clear the account. They refused and final payment was not made. In the documents they included only 1 statement which shows a balance now due of $9027.70 as of 1/9/2019. Currently she has 10 days to answer the court complaint and I have no idea what we need to document or request. The amount is beyond ridiculous and she is currently a full time student with an unemployed spouse. Is there a way to request validation of the debt with all statement copies and proof it was purchased individually and not a bundle purchase (meaning they have no documents to prove they rightfully own?) Any help or guidance is greatly appreciated. I have been reading on your boards about them being in the Hall of Fame for bad collectors. Thanks !

I was approved through Westlake Financial in December. My first payment was due on Jan 18'th. My mother is in the hospital with a life threatening condition and I honestly put my life on hold. I know banks have a grace period. I made the payment today through money gram which would make it 16 days late. It was the first payment. Not smart I know. I called west lake to give them the info and they said my account was "under review". I said its no biggie I paid in full and even offered to pay next months payment. The lady said that my loan was under review to see if they were still going to honor my contract, or cancel it and send it back to the dealership. Ive never heard of this before. I bought a new 2015 hyundai elantra and the contract was for $17k. On the finance contract it says "no recourse" so how could they send it back and make it the dealers problem. Ive trying to clean up my credit and was able to get this loan until I can refi at a later time. Can westlake do this after they already funded the loan and send it back to the dealer? And what happens if they do? What does the dealer do? I have a signed finance contract and as of today everything is paid up to date.

https://abovethelaw.com/2020/02/after-40-years-the-lexisnexis-mainframe-is-no-more/ There is no paywall. I did not know this, but found it interesting.

Long story short, have an old judgement, that while it isn't showing on my credit reports, shows up as public record when the mortgage company pulled my credit. I have to get it paid/settled/removed in order for them to approve my mortgage loan. How can I best protect my assets while I try and settle with them? So far I have been able to fly under their radar as I am self employed, have a different bank account and don't have any auto loans. I know since the judgement they have tried to get information in court from companies I have done contract work for, so I know they are diligently trying to garnish wages from me. How can I protect my bank account while I am in contact with them to settle the judgement and get it taken care of?

Hi, I'm new here and got a notice from a credit agency on my private student loan. It's been 3 years since I last paid as I was contesting the amount and got sick. I signed for the loan in D.C. and the loan originated in OH. I now live in OH. I also stopped paying while I lived in NY (before I moved to OH). I just got a letter from a CA based in NY state (don't know if the CA state location makes any difference). My question is which SOL will apply? OH, NY or the shorter DC SOL of 3 years? OH has a number of SOLs, 6 years, 8 years so I'm not sure which SOL would even apply to the promissory note for the bank based in OH. How could I look this up at a law library. I'm not very familiar with the process if anyone could help with legal research ideas? I'm also contesting the validity of the loan because the promissory note states that the repayment period is 240 months and I think I have passed this point. Any help I can find would help a long way; very stressed out by this situation---there are so many ways this could go---if the CA goes through with a judgment and wage garnishment (I'm disabled and earn a very small part time income) can they revive the judgment every five years for 15 years (OH) even after the SOL expires on the private loan itself (3 yrs DC SOL, 6 yrs NY SOL, 6 or 8 yrs SOL OH)? I don't know if I should just ignore the CA or write them to dispute this loan (and risk waking the sleeping giant) or wake the sleeping giant with a dispute letter and prepare myself to go to court (have no idea how I would defend myself but would like to dispute amount of the loan, SOL etc). This all seems very risky. Can this debt sold to a credit agency be invalid?

In early 2016, I lost my job in the oil field. It was a very good job, and I made good money. I received a decent package when I was laid off, and starting looking for a job. Sadly, the entire oil patch was going through the same thing, and it took my 18 months to find a job that paid 1/5th of what I had been making. It took another six months after that to find a job that allowed us to keep our heads above water, and now I'm back in the saddle and we're doing much better. Around the 18 month mark, we had to let some of our credit cards go. They had pretty high balances, but we were doing fine until that point. It was always our intention to try to pay them when I found a job, because we did incur the debts and I felt pretty bad about having to let them go. Also, we'd worked so damn hard to get our credit straightened out and it was very nearly physical pain to let it go to hell again. But when I got to the point where we could actually start looking at making payments again (around that two year mark), well ... OCs were sort of like, too bad, we've already charged them off and sold them. I decided to try to ride it out and see what happens. We haven't applied for new credit, but we've maintained three or four cards, our car payments, student loans and a personal loan in the time that's elapsed. Fast forward to last month, and I was sued by Midland for a small-ish debt. I responded, but haven't heard anything back yet. The thing is, we're trying to move in to a new rental, and the RE agent is telling us it may be impossible for us to do so with our credit scores (my FICO scores are low 600s and I make the bulk of the income; DH's are mid 500s). Soooo I was wondering (and I'm no newb but I am sick of dealing with this crap) if I should try to settle some of these with a couple of caveats - primarily that they are PFDs and the remaining debts are never sold. I still have two years to ride out the SOL, and I cannot wait that long to move or buy a car (that needs to be done next year). Should I try to settle these debts? I'm morally opposed to paying bottom feeders like Midland and Portfolio, but I need to get my scores back to a reasonable point, and the damn collections from JDBs are what's really screwing it up. Also, I'm concerned that since half or more of my debts are now owned by Midland, if they are in any way successful with this lawsuit, they will charge full steam ahead and go after me for all of them. I can see it really opening the flood gates, so to speak. What would you do in this situation? TIA, TQG