The creditor reported a repossession on my credit report but did not sell the vehicle until two months later. I had the right to get the car back if I paid the late fees and charges, although I didn't do it. Can a creditor place a repossession report on a credit report before the vehicle is redeemed or auctioned?
My husband and I are not divorced yet, but we're well on our way. We have a number of joint accounts, including a joint checking account. The money in the account is mine, but I'm afraid he's going to use it. Yesterday I went to the bank to take him off the account. They said they needed my husband's permission. Maybe I'm volatile these days, but I got upset and stormed out. Now I'm thinking maybe they were right. Any advice?
I was forced to declare bankruptcy last year because of a layoff. I managed to hold on to my house because I did not have equity in it. I have a new job at 60% of my previous salary and am having trouble making ends meet. I would like to negotiate a lower interest rate with the mortgage holder, but am not eligible for refinancing because of the bankruptcy. How can I approach the lender about this? I am assuming that the bank would rather continue to receive my mortgage payments than foreclose.
I filed for Chapter 7 bankruptcy seven years ago. I've been told that it takes ten years for a Chapter 7 to "fall off" your record. Is there anything I can do in the meantime to get a lower rate on my car loan and credit cards?
I bought my home a few years ago. The previous owners carry the first and only mortgage in the amount of $225,000. I gave $45,000 for the down payment and my payments are $2,000 monthly. I have never been late with a payment. Because I would like to establish good credit, I would like to have this information included in my credit report. Is this possible -- and how would I go about it?
If you want to clean up your credit file, steer clear of credit repair clinics. These companies claim they can fix your credit, qualify you for a loan, or get you a credit card. But there's no need to pay a credit repair clinic hundreds or thousands of dollars -- you can do all of these things yourself. And some credit repair clinics use questionable tactics that can land you in hot water.