Question: Dear Steve, Although I am not in a bad position during this pandemic, I am wondering if those who are falling behind in mortgage, student loans, car or credit card payments will have an adverse effect on their credit reports? Mary Louise Answer: Dear Mary Louise, You ask a great question. I’m going to … Read more
Question: Dear Steve, From 2001 to 2008 my husband at the time and I were going through Beneficial Finance for our mortgage on 2nd house. About 2 years ago, I received a notice from an attorney group stating that Beneficial Finance, aka HSBC, aka HSB was being sued for having clients who had loans sign … Read more
Question: Dear Steve, When we moved out we gave the apartment our new address and asked them to send the final bill because they did not have it available. This was in January 2015. I tried calling a handful of times and couldn’t reach the apartment complex. In May, we had not received a bill … Read more
“Dear Steve, I’ve been writing checks for my elderly mother in the nursing home to cover her co-payment for the last 4-5 years. In November I hand delivered a check payment to the home and got a note with the last bill stating that deposit was not shown although I made the payment would I … Read more
“Dear Steve, I have signed up for e-statements. The email account to which they were being sent was changed in October since I was not receiving the statement monthly and the “customer service” representative suggested that of course the problem must be with the email service (G-Mail!). I changed the email to my work email, … Read more
“Dear Steve, In March 2013, I purchased $74.98 with a brand new Macy’s Star Rewards card. They sent a statement, I paid the full amount, on time, in their enclosed envelope. They claim they never got the check and pressured me to pay by credit card over the phone. Since they had called me, I … Read more
“Dear Steve, I’m in the process of filing BK. I owe another bank money in overdraft fees and my present bank’s credit card is included, so I need to close that account also. I am not able to open an account at a regular bank becuz there part of a pay chex system in which … Read more
“Dear Steve, Erroneous Chargeoff of Bank of America Credit Card $22,000.00 Bank of America gave me a deadline of 5PM 30 November to make a payment on my credit card or it would be charged off. I made the payment of $600.00 using Bank of America’s Online Billpay service on November 29, 2012. Because of … Read more
“Dear Steve, I’m behind a month and a half on my house payment. The bank is going to foreclose. The bank also closed our checking account without any notice. Can the bank just close our acount without notice? Is that legal? They are suppose to send our deposit to us in a certified check…but it’s … Read more
“Dear Steve, searching for better approach. i was contacted by collections i believe and inform me that i owe money for bounce check. i told them i never used the account eve since i opend. hi,I believe i may have been scammed. I had a bank account that I never used and they called me … Read more
“Dear Steve, How to protect myself from being sued by a private out of state bank for a check I deposited into my account from an individual that bounced after I had already closed my account not knowing the check would bounce. I have no money or assets and am currently living with relatives on … Read more
“Dear Steve, My husband has loan in his bank. He made this loan after our marriage but my name wasn’t there. He did it by himself. And he has apartment lease balance also. only his name is in the lease and my name is just an occupant. I live in state of Maryland. Because he … Read more
“Dear Steve, I was issued a credit card from Bank of America with a limit of $5000.00 inJune of 2007. I can’t remember the APR. We had just purchased 75 acres of land with a studio apartment & a horse barn already on the property. We lived in the 1 bedroom apartment for over a … Read more
“Dear Steve, i applied for a loan to buy a house with great western bank in eldora, iowa. i have poor credit from previous problems so the guy i was thinking of buying the house from was thinking of cosigning on the loan. i filled out my application and then he was going to fill … Read more
“Dear Steve, I had a joint checking account with my mother in 2006 and she passed away in December that year. There were some transactions (retirement checks) posted to the account from my father who passed away in 1996. but were reversed because of her death. This and the checking fees has caused the bank … Read more