Member since: November 2009
Total Contributions: 3
Depends on how many times they sell the debt, You can have a charge off that is almost seven years old and a debt collection company can purchse it which gives them another 6 years to try to collect, and if they are un successful, they too can sell the debt,....another 6 years, so it could be on hter for quite some time.
Response posted 1 year ago
You will pay extremely high interest rates and most likely only at a Buy here Pay here.
Response posted 1 year ago
It is possible, but you will need to have collateral, they call it a secured loan. Since you are "risky" they want to make sure they do not loose out.
Response posted 1 year ago
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