robert0380

There is no Wachovia, Wells Fargo owns them.  Wells Fargo bought Wachovia.  Whoever you spoke to is an idiot.  Call them back and tell them since Wachoiva doesn't exist anymore, and they won't take ownership of the loan, then you'll stop paying on it.  See what they say then.

A bank will probably not give you a loan.  That doesn't mean you can't buy a house though...just means you will have a tough time getting a mortgage.  The only way to find out is to try.  Go into a few banks and try to get pre-approved and see what happens.

Avoid this if possible.  If your credit score isn't too horrible you can get a loan though a service like Lending Club.  If you have a problem with credit, cut up the cards and make a budget like sfbrown said.

If you are in a position to pay your debts off, pay everything you can on the balances that carry the highest interest rate and pay minimum payments on everything else.  Once you pay off that first card, take everything you were paying on it and apply it to the card with the next highest rate, including the minimum you were already paying.  Continue until all is paid off.  This is often called the "debt snowball".  I'm actually doing this right now.  There are calculators on the internet that will even show you how long it will take to pay everything off.  For it to work, you have to have a very strict budget and stick to it so that every dollar you spend is spent wisely and any extra goes to pay off debt.

The answer is always "it depends".  Closing the account cound negativly impact your debt to available credit ratio which could lower your score (if you have 0 debt, no issue here).  Closing your newest account could possibly raise your score by increasing the average age of open accounts also.

So the answer is "it depends".

A no-fee transfer to a lower rate?  DO IT!  You'll save money and any impact to your score will be very small cosidering the fact that you already own the card that's making the offer. 

You don't need it to be higher than 750.  You'll get the same deals (rate quotes) at 750 and 800. 

Pay the house first and always.  Credit card debt is unsecured.  You lose nothing by not paying those.  You fail to pay the house, you could lose the house...normally.  Foreclosures are being frozen right now so really you won't lose that either I guess...but pay it first anyway.  Like hardeight said, if your DTI is too high, re-fi is unlikely, especially given the fact that forclosures are being frozen.  Don't look for banks to be easy with any money going forward.

I believe in paying what you borrowed.  I cast no judgement on those who don't live by my moral standards, it's just what I believe.

I'd make saving money my 1st priority.  Create a budget that allows you to sock away cash.  Pay what you owe when you can.  At 300/month, I'd go with hruffo8307 and try to find a better paying job.

I have a business card that doesn't show up on my personal credit report. I signed up using my business tax id and I'm guessing that's why. I guess it just depends.

The REAL reason PMI is bad is because it's an expense that doesn't benefit you!!! Forget about tax deductions, it's money out of your pocket for insurance that doesn't cover your loss. It covers the lender.

Ask for increased limits first. Opening a new account always results in an initial drop in score because of the hard pull. Also, focus more on paying down existing debt and paying it on time.

For a mortgage. Try naca.com. They are a non-profit that works with first-time buyers and people stuck in predatory loans. They have a program you follow and you have to volunteer but their loans have VERY low rates and no closing costs if you qualify.

For a credit card. I haven't applied for one in a while but usually they ask for household income. Put your husbands, but really...how can you expect someone to lend you money when you TECHNICALLY don't have a way to pay them back? Ask you husband to apply for a card and put you on as an authorized user.

Is the case resolved? If you owe and haven't paid, there isn't much you can do. You COULD file a dispute with the credit reporting agencies (Transunion, Equifax, Experian).

You might lose 5 points for the hard credit pull. RE-FI!!!!! 15% is crazy high.

My rule is never deal with a debt collector. Can't stand them. I could be wrong here, but if I were going to pay, I'd call up the ORIGINAL creditor and handle it with them. Collectors are evil! Get EVERYTHING in writing before you do anything with them. You might want to brush up on the Fair Debt Collection Practices Act to know your rights. There are some STRICT rules that collectors have to follow and if I were you, I'd put them through the pain of making them have to follow every single rule before giving them a single penny.

Crazy that the response to this would be "go get car loan". This to me is a problem with credit reporting. You have to owe the man to get ahead.

Pay off the one with the higher rate. Period. This will save you the most money. Pay off both in the long run, this will increase your score.

1. You should work with your insurance company. If they wrongly denied a claim then there is usually and appeals process and ultimately court if they are in violation of your policy.

2. If you owe you owe. The responsible thing to do would be to pay the bills off. If you can't afford to make the payments, call the creditors and try to work out a payment plan. Those bills can stay on your report AND negatively impact it for as long as they try to collect. Do step 1 first. Then do the right thing and pay what you owe. Qualifying a debt as a "medical bill" does not mean you shouldn't have to pay it.

You could try getting a consolidation loan at LendingClub.com. Most balance transfer offers are only good for 12 months and will cost up to 4% of the transferred balance. If you can pay off everything in 12 months (including the transfer fee) then a 0% balance transfer would be ideal if you can get one.

Pull your credit reports for free at annualcreditreport.com. This is the 100% free site set up by the government.

Get your reports for free at annualcreditreport.com and see what is being reported.

I think you have to file a dispute with the credit reporting agence (i.e. Experian, Equifax, Transunion). If I'm not mistaken (someone correct me if I'm wrong), you have to file a dispute with each company if the item in dispute shows up on all 3 reports.

Depends. If you are lowering your available debt, that may hurt your score. If you are closing an older account with a long history, that too can hurt your score. If you don't have to close the account then leave it open and cut up the card (or keep the card, use it once every couple of months to buy a pack of gum then pay it off). In the past, I closed accounts with an issuer but moved the credit limit to another card with the same issuer to avoid hurting my debt/available credit ratio.

Most agencies only report changes once a month anyway.