25 People Helped
Member Since: July 2013
Hey Marine 12364, who are you to talk to people who are having credit troubles with the disdain and arrogance you clearly display in your comment? Are you so naive that you think that creditors never make mistakes and those mistakes never hurt people? It can be very difficult to get a creditor to understand that it is wrong about anything, but to then get them to remove something from your credit report seems almost impossible. The effects of having bad information on your report can be devastating as you ought to know. Does it make you feel better to be so harsh on those of us having a hard time? Do you think this life is so simple that anyone with financial problems should be looked down on? You sound like an elitist ******* who hasn't lived in the real world. Those who have made mistakes know it and don't need the likes of you piling on. Your comment sounds like you think it's great that some people are afraid to look at their mail or answer their phones because of creditor harrassment. Collection agencies are relentless and sloppy with their paperwork and they have no problem using deception. People who fall behind get pushed further and further behind by interest rates that should be considered usury and collection agencies that threaten and call relentlessly to your home, your cell phone and your work. It is awful to have serious credit problems. Just because you were able to get it together doesn't mean that you should look down your nose at anyone. You and your ilk should drop dead.
LC1227's reply was:
I'm pretty sure that a collection agency can still try to collect if it's not yet seven years and it shows that it's open because it's open with those collectors. I had the same thing happen to me on a student loan I co-signed for my son in 2002. Just before the seven years was up, a law firm started contacting my son. I didn't even remember co-signing, but he is not in a good financial place right now and he ignored the lawyers. In 2014 they apparently noticed that he had a co-signer and started threatening a lawsuit. They went to court to try to get a default judgement against me right after I received their first nasty letter. I showed up in court and filed a written response. I think that surprised them. We are now discussing it, but I suddenly have a default of $23,000 on my credit report. The original loan was $10,000. I may have them on a couple of technicalities, but I think it stinks that I was contacted over 12 years after first signing the loan. So anyway, that's why it's 7 years and not 6 and a half I guess.
Me too. I'm afraid the answer will be that some creditor put the name there and I have to contact them, yet nobody knows who it might be. My "alias" is spelled wrong with a different middle initial. I've never received a bill like that, but there it is on my report.
You know, you signed the paperwork so that he could have a credit card. The credit card company has every reason to believe that you will pay if he doesn't pay. That's what co-signing means. He isn't a very nice guy, but sometimes people get stuck and they're embarrassed. Instead of facing their creditors, of which you are one, they hide their head in the sand. He has probably done that for a long time. That's why he needed a co-signer in the first place. You should ask yourself if a bank won't lend someone money, why should you? You took a risk and he did what he always does. That's how people are - they do what they've always done. Few ever change.
CK, seven years from when?
The state got a judgement against you for $4,400. When it is paid, it will stste that the judgement was for $4,400 as it was, but it will also show that it is paid. That's why though you owe only $900 it still says the judgement was for $4,400. I don't see where there is a place for them to show payments or update the balance except that they do say that it is satisfied when you've paid it off completely.
Contact the creditors in writing and tell them you are disabled. You may have to show them proof of your disability. Once they receive that they must by law refrain from all collection efforts.