Re: Re: has anyone rec'd this from sears? The offer from them, is that they will bring my account current in 2 months if i resume my payments. They will also credit my account for 6 months. IOW, if i pay 40 bucks, they'll credit my account 40 bucks. I think its a great deal, but I'm more concerned with getting the old negative remarks removed from my credit profile. I'd bring this account current tomorrow if they'd just remove the negatives. What I want to offer them, is full payment of past due amount, resume payments after that, but only if they remove all negs. What I need to know is how does Sears respond to these sort of deals? Will they laugh at me and refuse such a compromise? Does anyone have any experience with them where they actually changed a TL? J Vick, thanks for filling me in on your experience. It sheds much light on what may happen if this goes any further. I want to take this deal, but I really dont have any incentive if they dont remove negatives, do i? I mean, if it goes to collection, shouldnt all the negatives under the sears TL disappear? Is a chargeoff really that much worse than a TL from an OC that has like 10 sentences that say '90 days past due', '120 days past due', '150 days past due' etc? Sorry if i sound like an idiot....i am really new to all this. BTW, i have no idea what [] means. I guess it means troll or something.
Re: Re: has anyone rec'd this from sears? It really depends on your personal situation really. If you are in a new home with 3 acres, I would just look at it as a ding in your credit report, but that is me not you. The more time goes by the less of an impact this will have on the credit reports. Do you really need total perfect credit at this point? If I almost died and had a new home with 3 acres I probably would not worry about it and just get this one behind me. Letting the account go to collection will not erase them reporting days late. It will make it worse. I think I understand your husbands situation. He wants it off of his no matter what and will not pay unless it is completely erased off of his report. I really see both sides of this. DO NOT let this one go to collections or a charge off. I would get this one off of your husbands and take the small hit on yours. The only thing holding you back would be getting a credit card in the near future under 10%, not really a big deal. I would jump on this offer while you still can. Actually call them and ask what do you mean bring my account current. If you made one payment at this point that would bring your account current depending how you word it. Good luck!
Re: Re: Re: has anyone rec'd this from sears? If there is a difference between a troll and a want-a-be troll, how does a want-a-be troll finally pass as a troll? Is it a compliment for a want-a-be troll to be called a troll?
You took 1/2 an hour to write 4 long paragraphs to me, a complete stranger, and you say that I don't have a life? Oh my... Sorry, I didn't take the time to read past the part about the 4 pregnancies. I'm sure it's really interesting, though.
Re: Re: Re: has anyone rec'd this from sears? A troll is anyone who does not agree with the board concensus which is SCREW THE CREDITOR ANYWAY YOU CAN, even if they can prove the debt was yours or you were served with a lawsuit properly.
Re: Re: Re: Re: has anyone rec'd this from sears? A [TROLL] IS ONE WHO INTRODUCES ONE'S SELF BEGINNING WITH A FIGHT...AND CONTINUES FIGHTING AS THE DAYS GO BYE...ALWAYS SAYS THAT IS WRONG WAY TO DO SOMETHING, EVEN IF IT HAS BEEN PROVEN TO WORK... There was a [TROLL] here that said everybody SHOULD NEVER USE CREDIT CARDS!!! ON A CREDIT CARD WEB SITE!!! There are other ways to be a [TROLL]...but this is the main one...FIGHT FIRST!!! I PAY ALL MY BILLS...I NEVER SAID DON'T PAY WHAT YOU OWE!!!
Re: Re: has anyone rec'd this from sears? Hahahahaha....that is sooo typical of a troll. He didnt read my post. right. He lives to read posts like mine. I'm off for the weekend....to live my life...bye, and thanks to everyone else again!
Re: Re: has anyone rec'd this from sears? < Back then i had no idea that I should have demanded they be deleted. I just paid them because i thought it was the right thing to do. I even brought Sears current. Now, I could pay sears in full, but the more I read here, the more I think I should try to get it deleted or changed first.> What gives you the right to "demand" they be deleted...you owed the money correct??? If you did not then you should not have paid...I am sorry that you had a rough pregnancy but if you explain this to creditors they WILL work with you, especially since you are not "deadbeats" Credit counseling also helps in this situation. Anything will help except telling them to f off, which is basicly what you have done. I RARELY post on here just read a lot I cant believe all the people for ganging up on the fellow for telling it how it is, yeah he may be a little harsh about it, but he has not lied about anything. THIS IS YOUR DEBT, your responsibilty, regardless of cicumstances, the credit card agreement you signed did not have an addendum for bed rest and loss of job, thats why they sell the overpriced credit insurace. sorry if I offend you but all the posts kissing up to you kind of struck a raw nerve. BTW if you do not take their offer you are foolish...Sears is not one to mess with, THEY WILL get their money, I would let my mortgage go late before I let sears go...lol IN bankruptcy court chances are no one will show....EXCEPT sears.....Oh well good luck to you and your family
Re: Re: has anyone rec'd this from sears? Credit counseling would be a terrible idea in this case and I would not suggest that to anyone. I think everyone here said in one way or another to take the offer. I have no problem with Too much at all either. Was Too much a little harsh about it? Maybe a little but he did make his point. I think she will take responsibility at this point by coming to this board for help. I am NOT an expert and I ask questions or look for advise also like she did. The experts here can not answer or help every single situation or question because they have done it SO many times, or a simple search will answer it. I might have gave her bad advise but at least I tried to help her. I don't think it would be fair if I came on here asking questions or advise, and not giving anything to anybody in return like this person. Maybe an expert looked at this thread and thought I did some good here. I don't think anyone was kissing up to her here.
Re: Re: Re: has anyone rec'd this from sears? I totally agree. If you owe the money, you should not refuse to pay if they will not give you deletion. They are entitled to report accurate information about you. You can always dispute it later.
Re: Re: Re: Re: has anyone rec'd this from sears? After spending a little bit of time on this one I don't think she even cared about the negative information on her credit report until it showed up on her husbands credit report. I always agree for a creditor to report accurate information on someones credit report. In reality I think her husband got this information on his credit report and freaked out. Hopefully she will take this offer from them and get this behind her. Like I said if I was Sears I would have done the same thing. Not paying the debt is a put your head in the sand approach that never works in the future. TAKE THE OFFER!
Re: Re: Re: Re: has anyone rec'd this from sears? Although putting your head in the sand for the right reasons does make sense in some cases if you know what you are doing I guess.
Re: Re: Re: Re: has anyone rec'd this from sears? I used to think that way too until I came to my senses. Who said 7 years is fair? I'll tell ya who, the same people who decided I was to pay 50%+ of my income in taxes, that's who. 100 of the most preposterously arrogant, narcissistic, anti social, psychopathic jackasses on the planet, called Senators, that's who. I say 1 week is fair. DON'T PAY THEM SH*T IF THEY CAN'T PROVE YOU OWE IT. (sorry) lol
Re: Re: Re: Re: Re: has anyone rec'd this from sears? Butch, did you put any time into reading this before responding to this? Sears can prove this debt in a heatbeat. Validating the debt will just put this into collections or a law suit. Sears is really being nice at this point. Why would you go the validate the debt at this point? Or maybe the LOL (sorry) is a joke that I do not understand.
Re: Re: Re: Re: Re: has anyone rec'd this from sears? You know after reading this post I think that this is crazy, I would just pay the money as many have said before it is better than collections or a chargeoff and funny this is mentioned because I found out last week that Sears will in 1-24 month period do what they call an adjustment to your credit report as a courtesy to you, so wait until you pay it off and then ask for the adjustment. Also you seem to be putting to much emphasizes on the negatives on the report when the real focus should be on paying the money and let me also say that I have worked on my credit for the past 3 years and I now really realize the importance of having good credit, and it is so important to me, I am not going to start talking about all of my credit horrors, because no one cares, but I will say this and be done, if you owe the money pay it because there will come a time in the future when you want to make a purchase and this will hold you up from doing that and you won't be able to pay it to ANYONE not even SEARS
Re: Re: Re: Re: Re: has anyone rec'd this from sears? 1 week is fair?!? Yes, 7 years is tooo much., but 1 week? I say at least a few years gives banks an accurate picture of how you have handled finances. A debtor still does not have a right to refuse to pay just because a debtir will not delete accurate information. If a debtor told me that and they owed me money, the next communication from me would be a 4 or 5 page document with something attached that says. "GREETINGS, YOU HAVE BEEN SUED"
Re: Re: Re: Re: Re: Re: has anyone rec'd this from sears? And ... that's exactly my point. Naturally we will never reach a consensus on an "ideal" time frame. If I were King I'd make it maybe ... 3 years. Which means 4 of the 7 years is unfair, in my opinion. That being the case, why would I just want to go pay a bill unless I can get a "fair" exchange of value for value. I'll pay the bill, (especially since I owe it) but I require deletion from my report. I've already suffered enough. Vick: You're right. The inquirer is in a tougher position because they can validate. Therefore don't you think following my recommendation would provide a degree of "leverage" to; a) accept a "fair" deal, or b) fight it out in court? If the inquirer does this right I bet he can get a deal for 50% and deletion. A careful study of my validation thread reveals my philosophy on these. If one owes a legitimate debt, one should take responsibility. However if our rights are violated, especially to this extent, those items of ammunition can and SHOULD be used to drive down the settlement amount. It's comparable to "re-contracting", mutually agreeing with your adversary to disregard an original agreement and reconstitute it. Since both parties are in agreement on this I see nothing wrong with it. I'm not suggesting that the inquirer do this to escape the obligation, but merely to provide incentive to strike an agreement. There's another way to do this too. One could go ahead and settle the account. Once closed, threaten to sue for this violation unless they delete the TL. In either case, and hindsight being 20-20, you will have been delighted that you did take the time to memorialize this violation in writing. Natural conclusion for both scenarios: Do it. You'll be glad you did. Great question.
Re: Re: Re: Re: Re: Re: has anyone rec'd this from sears? Damn!!! Crowmom, I owe you an apology. Vick is exactly right. When one reads as many threads as I do it's easy to understand why I had your issue mixed up with someone elses. I'd attempt to get Sears to agree to cleaning up your TL. Even if they don't, I'd still take it. Look at it this way; over the next 6 months all you need to do is send $1,000 and they'll pay the other $1,000. Once closed we can go back and dispute the TL and clean it up that way. Thanks Vick, good catch.
