Tag Archives: charge offs

Default Rates Continue to Fall at Credit Card Issuers

Reports just out from five of the six top credit card issuers showed that default rates on accounts fell in June. Of the banks reporting, Bank of America showed the biggest reduction in default rates with Chase Bank, Discover reporting very noticeable declines. Just recently Discover said their default rate was at the lowest ever [...]

How Can I Owe a Debt The Creditor Charged Off? – Janet

being sued by collection agency have several charged off accts a collection agency says i have a debt with them but the original creditor has charged off this acct how can i owe this collection agency anything? Janet Click here to help people to get out of debt. This reader question was submitted for site [...]

Clinton Wants to Know “Am I Doing The Right Thing By Repaying My Debt?”

Clinton wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Can I Just Get By Sending $10 a Month And Not Get Sued? – Jeff

“Dear Steve, A law office harassing me a bout a credit card bill I have. I lost my job, told the credit card company that I would pay 10 dollars a month to them until I found employment and could pay more. I have since found out that they have charged it off and referred [...]

I Am Getting Married And We Want to Buy a House But My Credit Isn’t Great. – Kelli

Kelli wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

I Have Mental Health Issues. How Can I Reduce My Debt? – Mel

Mel wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

How You Can Get Out of Debt Fast Without Filing Bankruptcy

So there’s this guy, Scott, who has developed an ultimate guide to getting out of debt. Sure, I’m as skeptical as the next guy but after looking over the information I was left with a problem, it looked pretty good. His information page actually contains a bunch of information that you don’t normally see which [...]

How Do I Remove Charge Offs From My Credit Report? – Debt Chicken

Debt Chicken wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like [...]

Law Offices and Creditors Are Calling Me Non-Stop, Threatening to Sue and Treating Me Like a Criminal – Avria

Avria wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]