Separate names with a comma.
Discussion in 'Credit Talk' started by mits, Jan 29, 2001.
Barclaycard Ring™ Mastercard®
No annual fee, No balance transfer fees, No foreign transaction fees, Low interest!
CREDIT CARD WITH NO ANNUAL FEEBarclaycard Ring™ Mastercard®
Credit One Unsecured Visa®for Rebuilding Credit
Credit card for people with bad credit to rebuild credit!
BAD CREDIT CREDIT CARDCredit One Bank® Rebuild Credit
First Access VISA® Credit Card
Access to credit even with bad or limited credit! Reports to 3 major credit bureaus and accepted wherever you see the Visa® sign. Get application response in 60 seconds.
CREDIT CARD FOR BAD CREDITFirst Access VISA®
Green Dot primor® Visa®Classic Secured Credit Card
Credit lines available up to $5,000! Reports to three national credit bureaus; perfect card for reestablishing credit.
SECURED CARD FOR REBUILDING CREDITprimor Secured Visa Classic
Credit One Bank® Unsecured Visa® with Cash Back Rewards
Get cash back on every purchase. Unsecured credit card with monthly monitoring for credit line increases. Improve your credit history with responsible use.
CASH BACK UNSECURED VISACredit One Bank
Credit card companies have the right to continue charging interest and fees on the amount of money you owe (read all your disclosures), and this right can transfer to the collection agency they sell the debt to. Citibank is one of those that just continue biting you long after they charge you off.
I too found this out the hard way with Citibank ($400 turned into $2500!)It rose $100/mo., just like yours. Only getting near the seven year limit and few gracious CRA reps got it off my CRs. But looks like you've got a while. If the account is with a collection agency, call and settle. You know what the balance was when it was charged off, so you use that as a guiding point as to what you can reasonably expect to pay. With my "$2500 and rising" charge off and $400 original balance, the most the collection agency was willing to negotiate for was $1K. Because I was afraid of hurting my chances of a mortgage, I almost paid. In fact, I had agreed to pay, when good old intuition finally kicked in. I did some investigating and found that TU was going to delete the item in a few months anyway. I called and called and begged and finally found a sympathetic CS who deleted it on the spot.
But I think because it was only three years ago for you, you should definitely start negotiating. I think the rising price thing is just to keep your attention and keep potential creditors at bay. You shouldn't actually pay those outrageus fees. Be strong. Good luck.
Thanks CCMax you verified what I thought was happening. I have been working on her smaller accounts leaving her largest accts for last guess Ive been working backward at least the little accounts didnt keep rising. I know the credit gods will smile on me someday...