Recent content by Dixie Darlin'

Although he canceled the card verbally, that does not mean that the card was canceled, the customer service rep could have been negligent in closing the account. Unless he has a confirmation number of the account being closed, then yes he will have to pay the annual fee or suffer a bad account...

Although he canceled the card verbally, that does not mean that the card was canceled, the customer service rep could have been negligent in closing the account. Unless he has a confirmation number of the account being closed, then yes he will have to pay the annual fee or suffer a bad account...

Although he canceled the card verbally, that does not mean that the card was canceled, the customer service rep could have been negligent in closing the account. Unless he has a confirmation number of the account being closed, then yes he will have to pay the annual fee or suffer a bad account...

Items are allowed to be reported for 7 years and 180 days from date of first delinquency. Items should not be getting "refreshed" unless you have made a payment on the debts, even if the debt is sold to a new collection agency, they are not allowed to re-age the account.

They can not seize your account for your parents debt. Make sure the account is only in your name.

A credit card is not the most important thing in determining your credit history. You take out different types of credit, they include revolving credit (credit cards), installment loans (car loans, mortgage) and loans (like debt consolidation, etc). All of these accounts are important to your...

You will not go to jail for failure to repay your debts, unless you committed fraud.

Not unless the person committed fraud. Then they could press charges. If the loans are secured then they will loose the property that secures the loan, and will be responsible for the balances of the loans.

No, you would have to be in default before they would repossess your car. Bad news is your credit is going to take a huge negative hit once the repossession shows up and you will also be responsible for the deficiency balance on the repossession. If that balance is not paid then they could...

You will have to pay higher interest rates on the loan. But you knew this when you filed BK. The offer is legit.

The boat was repossessed, the creditor will sell the boat for whatever they can get out of it. The balance due on the loan is called a deficiency balance, and your parents will be responsible for that balance. The creditor has the right to sue your parents in court and if they win judgment...