myndi, Establishing credit is the least of your problems right now. You have poor money management skills, and it behooves you to not take the "tough love" as a personal attack. Just ask yourself, if your personal finances were a business, wouldn't you fire yourself? You are insolvent, and the only way to do better is to suck it up, buy something within your means until you have the resources to do better.
Re: Re: Re: could I get an auto loan with this hollypc, My last reply to myndi goes for you, too. You have 9 serious credit blemishes and 20 instances of what's considered a crime in some states. Unless you repay what you already owe, as a sign of good faith, why should anyone else take a chance on you? Did you see my earlier post about what a 20% really costs you? How can you afford paying 55% effective interest rate but not making good on earlier debts? You don't need a new car, you need a reality check.
Re: Re: Re: could I get an auto loan with this Three things really bother me about this thread. 1. It is not the rent that got her in trouble it was going into debt for large amounts of money. 2. Rebuilding credit when you owe 30K plus and have income to make a settlement is wrong. 3. Not reporting income is both a serious crime and a very unpatriotic thing to do especially when we will soon be having young men and women give up their lives.
Re: Re: Re: could I get an auto loan with this Nobody has said anything about this, but since Myndi has mentioned it several times, I'll say it. Shouldn't your kid's disability income be put away for her future expenses rather than buying you a car?
Re: Re: Re: Re: could I get an auto loan with this Actually despite the assumption I am some halfwit with no skill for putting money back, my children have quite a bit of money put back for them. My children each have money put back to pay for the college of their choice plus living expenses. I am not a total dumb ass, thank you. Their father makes a good deal of money during the spring summer and early fall as an auctioneer and liquidates estates and businesses. I do not tap him because he is not my cash machine. I want to pay for my own car, my way. If I wanted to, all Id need to do is liquidate a few things around the house to get adequate funds. However certain possessions I have are unique and not easily replaceable. Only someone totally desperate would liquidate unique items that grown steadily in value to buy something that would depreciate. No, I do not pay taxes. Im sorry to those that this offends. I do not feel unpatriotic because I am not letting uncle sam rape me on self employment tax rates. I am hardly some transient who has no clue about their own or children's future. And No, my children did not have some wealthy relative put up money in trust for them. All money for their schooling and expenses came from their father or myself. I dare say that even those highly disciplined in money management and tout Fico scores pushing 800 may not have that kind of security put back for their children. The last post had an allegation that I was throwing my daughters disability out the window. Hmm, we were given charge of that money to look out for her best interests. This means putting a roof over her head, medical coverage, speech therapy, transportation, food, etc. Gee, I think thats what I HAVE been doing with that money. If you don't know the Full story, don't make gross assumptions or generalize. Ah, but disability is a form of welfare and there is that group of people who work hard for their money and think welfare recipients are raping their paychecks. Check a few things out. You may discover that an average person making about 50 grand a year probably gets a whole 24 cents taken out for welfare. The government pisses away your hard earned tax money on about 5000 more stupid things before the two bits is ever taken out of your annual salary. But I digress. I didn't make a post to seek approval or assumption. just simply to ask a specific question. I have had it answered by some posters who were pleasant enough to just state the point and go about their business. I didn't ask for a debate. We each have our opinions you are as entitled as I am. we obviously don't live the same way. But never presume that because someone is trying to emerge from a period of bad credit (and Yes, the sudden change of locale and subsequent high cost of living DID cause my credit to go to Hell). It would be incredibly foolish to pay it off at this point. Am I going to get anything from doing that? No. They have their car back. they sold it and made what they should have more realistically made. A cut throat finance company is going to take a hit. they are used to it. They already hand out the highest interest rates, so anyone who does business with them is going to get it bad. I wont feel fulfilled if I pay back the money. If I wanted to be a dumb ass I could liquidate a few things and have every dime to pay back every creditor on my file within a week. After all is said and done I still have derogs and am still viewed by other lenders the same way. Sorry, but Id rather put more money back for my kids or invest it. The $5K I would like to put on a car is my income. not disability, not my other half throwing it at me. It's mine, and I do not wish to piss it down the drain on another junker car. I have had great cars and beaters. After having both Id simply like something in between. That will cost more than 5 grand as far as I'm concerned. I would sooner have one more go around with a finance company at high interest and have a decent car. Enough said. I'm sure a couple of you might think about not being overly general or assuming things before the next sacrificial lamb comes along. I will be moving down the road now. So save the cute rebuttal as it will fall deaf upon my ears since I have no desire to come back here. I have taken the information I've found useful and left the rest. Have a pleasant life. Myndi -People don't do what they believe in. They just do whats most convienant, then they repent.
Re: Re: Re: Re: could I get an auto loan with this You have serious issues. May I suggest Psych Doc may be able to help you. But then again, maybe no one can help you. How can you in one breath say you have income of $3000 a month, including your daughters $1100 disability, then turn around and say the $5000 you have for a car is all your money and not your daughters? You can't have it both ways. I think you were here as others have been, to put in your b.s., try to cause a stir, and then leave. So if you really are leaving, ADIOS.
I must say that I have to agree with Rina with her advice that she gave also to hollypc. One thing that stands out from Myndi and hollypc's posts, they seems to think that just getting a 20% car loan is going to put them on the road to recovery. They say nothing about trying to clean up the current mess that they created. I agree with one other poster that stated she (Myndi) has money to settle some of the debts that SHE created, but simply has no desire to do that. What are they going to do, wait 7 years and HOPE everything will clear up on its own? If you dont settle what you already have out there, be prepared for the provbial bolt of lightning out of nowhere to hit you at the worst possible moment. Its just Murphys law. I have to admit, I had to do some tweaking on my credit reports, but the main thing was EVERYONE was paid in full.
Re: Re: Re: Re: Re: could I get an auto loan with this I wasn't assuming anything. You proved this with your own twisted words. Many times over and over, and over. Your "skill" for putting back money is to commit fraud and tax evasion, again proved with your own ramblings. Yeah, it offends, in ways you can't and won't ever be able to comprehend. I really feel sorry for your children. They will learn your warped attitudes and be just like you. Yeah, whatever you say. You're still here. You weren't here for any information, you just wanted to stir up trouble and gain some attention. You live for controversy and enjoy every minute basking in it. Your whole life revolves around it. Enjoy it. This is your reality. Not mine.
Re: Re: Re: Re: could I get an auto loan with this Well all my problems stemed from when I was a teenager. My only excuse is I didn't know better. 90% of my problems will fall of in 2years sooner with the info I have gotten from this board. I am not asking why someone should or should not take a chance with me, I am asking who will? And I can afford to pay that interest right now. I make 51K per year. I pay $600 a month rent. I have plenty of money to make a $400 car payment. I can always refinance at a later date. And if I don't get a high interest loan, where will I be once I finish my credit repair? I will be at good but NO credit and will have to get secured CCs and such and have to wait more time to establish my credit. I am not going to make good on my old bad debts. Why not, mainly because of this board. I don't have to. I know how to "get out of it" now. I have another chance to fix what I messed up as a teenage. And I think it was very rude of you you to tell me to get a reality check. Try this for a reality check. If I didn't have a car I would have to take two buses to get my son to Preschool and then another bus to get to work. Wouldn't be able to pick him up on time. And the poor child would have to go to sleep the minute he came in the door. Sorry reality check is a single parent needs a car, point blank. I am asking if someone knows of a place, no for some sort of lesson about reality that doesn't exist. Oh and Rawhide, I just started cleaning up my credit. Sorry I didn't post my whole history.
Re: Re: Re: Re: Re: could I get an auto loan with this Nobody here preaches you should "get out of it". What Rina said to you was reality. You and Myndi apparently live in dreamland. People take buses to and from all the time. It is just a matter of wanting to do it, not, it can't be done. Reality exists unless you live in dreamland. Maybe if you keep in touch with Myndi she can let you know where she gets her financing.
Re: Re: Re: Re: Re: Re: could I get an auto loan with this Maybe it is not preached, but come on... Verification and validation when you know the debt is not your. Congradulations when you disputed are deleted..... A dreamland huh? Right... Yes people take buses and in my case because of the location of my son's preschool and my work and cannot be done. And I am not going to take my son on the bus point blank. What does all this have to do with me looking for financing? Do you know a place?
Re: Re: Re: Re: Re: Re: Re: could I get an auto loan with this Just so you and others are aware, a deleted dispute does nothing to quash the debt. It is still there and can still be collected on.
Re: Re: Re: Re: Re: Re: Re: could I get an auto loan with this Not if it is charged off and past the SOL 6 years for me.
Re: Re: Re: Re: Re: Re: Re: could I get an auto loan with this quote: -------------------------------------------------------------------------------- Originally posted by myndi No, I do not pay taxes. Im sorry to those that this offends. I do not feel unpatriotic because I am not letting uncle sam rape me on self employment tax rates. The government pisses away your hard earned tax money on about 5000 more stupid things before the two bits is ever taken out of your annual salary........ -------------------------------------------------------------------------------- Just more of burden on those of us that do pay our taxes
Re: Re: Re: Re: Re: Re: Re: could I get an auto loan with this I thought you could only take the EIC credit IF you were a single parent and filed head of household???? Keep in mind the single parent can not live with the other single parent! Also, why would you say that SSI is the same as welfare. It isn't. Your child receives benefits under the "Americans with Disabilities Act" and is in no way shape or form public assistance. I think you squealed on yourself by confusing the two. Your income is invisible for a reason...to circumvent garnishment... and the IRS... and to receive the welfare you goofed up and admitted to. You have worked very hard at being able to sit back and give Uncle Sam and your creditors the finger....you are NOT a creditnetter...you are a deadbeat.
Since spyguyjim, kathycmh etc. are back on the merry go round, I'd like to point out one more thing Myndi insists her rent & increased COL shot her credit to hell. Not so! DEBT is what shot her credit to hell. When you are in debt and have few assets, it doesn't take much of anything to send you over the edge. hollypc, I can't feel sorry for your inconvenience about taking multiple buses when you don't express the slightest compunction about writing so many bad checks. Taking the bus gives you plenty of time to reflect on your past behavior and build the resolve to not repeat it. I'm sure you correct your son when he's disobedient. The hassle and embarrasment of being denied credit at every turn is life's way of correcting you.
3 C's of Credit Credit - the types & terms of credit previously extended to you Character - not just what you say you are today, but what have you shown yourself to be over a period of time? Collateral - income & assets
Hollypc, Are the bad checks still unpaid?? What will you do if these are turned over to the city Prosecutor's office?! I'm surprised they haven't been already. Who will take your son to preschool when you are sitting in jail?
Re: Re: could I get an auto loan with this Assuming the fact that she might not get prosecuted, what creditor would trust her to write a check as payment for a debt, or how long until her bank closes her account for too many NSF checks. Then she has chexsystems to worry about also.
