I found a couple accounts on my credit report that I’ve never heard of and I submited a dispute online. Three weeks later I recieved a letter from experian saying they were deleted. I also reviewed my report with transunion and they had been removed along with inaccurted names and few addresses. How will this affect my credit? BTW I have one charge off, and one high balance account. On the plus side I have a auto loan, student loans, and a few unsecured loans (paid off) that are all in good standing. Any tips?

Unfortunately I have an auto loan from wells fargo auto financing . Recently my loan had gotten turned over to their new division wells fargo dealer services. wells fargo auto financing no loner exists. I always make my payments online and stopped my paper statements a long time ago. Since the dealer services took over my account there are now over $100 in late fees that they claim are from 2010, this is the first I am hearing about these fees. Whenever you miss a payment they add on a $10 late fee to the minimum payment do. So i don’t understand where these charges are coming from and why im just hearing about them 2 years later. Since the merger I no longer have access to my statements online.

I was doing this online job and had to apply for a small loan and I thought well my credit is fair (640-680) and i pay my credit phone and school loan on time every month. but the place denied me. now i want to apply for small auto loan about 7k so i can buy my first car and the bank that I WORK WITH denied me. its really depressing. i honestly dont understand why its like this. last time i checked my credit score it was a 640. was 688 last year.

my mother thinks its because i pay the minimun on my credit card but still use it so it never gets to a healthy balance. it lets lenders know im greedy. i also work a part time job but i make $11 hr so it fits like a full time on minimum wage so i dont think its that.

i really would like some help. im already in driving school and need to start driving by may because i start school in the summer. if im not driving i cant go to school. please help. if you can can you suggest some bad credit auto loans. i hate saying that because i know im responsible and dont have it but thats how theyre treating me. many thanks

I just purchased a Auto loan with wellsfargo in feb. me and my hubby have been looking to purchase our first home, Well the home i saw online was from WELLSFARGO, but is (Undercontract), do you think they will give me another loan?

Input please..

I have submitted several times a detailed plan to repair and or fix some of financial woes to both politicians and the president with no response. Why Instead of bailing out the big businesses and banks, car makers etc. can the gov’t not provide an allowance to each american for this purpose vs Trillion dollar bailouts. This would occur as follows, just like filing your taxes you would be provided with a standard allotment of say $25,000.00 and with it you would get your claim form- these credits would be comleted online just as your taxes are and you would first be reuired to make good on any debts owed in a specific order 1- Mortgages 2-Automobile 3-Credit Cards / loans 4-Child support rearages 5-Fines and penalties etc.. etc… the reamining balance if applicable $10,000.00 or less would be issued in a stimulus check to that person or family.

This would ensure two things that the gov’t has been trying to accomplish: 1- Assist the big business, banking and auto industry by giving them their money thru payment for their services or products that people owe or are behind on an 2- Free up moneys for families to spend in these markets and encourage the extension of more loans and credit based on increased credit scores etc.

Does this not make sense to anyone vs giving billions of dollars to these organizations…. Simple economics tells you that these moneys are being used for salaries, pensions and day to day operations not clearing up the debt owed, this is why most need more and more. It is a bandaide as the people that owe or purchase these items are in the same boat.

**** I do not approve of a blind monetary stimulus to the people as it does promote growth but rarely stimulates the individulas credit rating by the payment of current debt owed; this is why it is a controlled stimulus built to stimulate big business etc., improve the economy and assist the great people of this nation…

I absolutely can’t stand my mother. It’s to the point I have to do something.

My “situation” is that I live at home right now. I go to school part time for IST (6 credits this semester and 9 credits a semester for my second year ($3600 a semester now, probably $9500 next year), no financial aid because I have a bachelors half my paycheck goes to tuition) and work 30 hours a week as a nurse at a doctor’s office ($700 a paycheck), and I work 15 hours a week as a delivery driver at an auto parts store ($200 a paycheck at current hours, $550 a pay full time).

My two options I see are:
1 – buy a house in a ghetto part of town for like $150 a month plus bills. Pros: cheap, can still work same jobs and go to class at the same campus. Cons: possibility of getting my house broken in to

2 – move with my boyfriend at his parents’ house (he’s still in school which is why he’s there still, though ambitious). Pros: probably won’t have to pay rent but I will offer, can transfer to a different auto parts store, can get online classes. Cons: have to quit the doctor’s office job and either find another one or take out school loans, have to move home if we break up (relationship seems pretty solid though)

I bought a 2005 Jeep Grand Cherokee in July 2009 through Capital One Auto Finance. Since my credit wasn’t stellar and I needed a car that worked, I went through with the 10.21% APR. Right now, I have a 72 month loan and my monthly payment is $315 (purchase price overall was $16,800 including taxes, warranty and low jack security).

Capital One doesn’t allow current auto loan customers to refinance their loan and Chase’s (my checking/savings bank) online application only allows cars 2007 and newer.

Any recommendations for a bank that would refinance a 7 year old vehicle? Jeep is in amazing shape, only 48k miles and excellent condition.

I’ve tried LendingTree.com but it put me back to Capital One, who offered an APR of 8% and then once I tried to file the paperwork, Capital One rejected it since I was an existing customer. They said that the 10% is the best APR they can provide and that if I could get a better rate, they would of offered me that from the beginning.

Any insight would be helpful! Thanks!

Someone I know had an issue with a payday loan company. Here’s what I understand:

The consumer borrowed a loan from this online-based company. The consumer was misled about the fees, so a manager decided to waive all financing fees as a courtesy and allowed the consumer to pay ONLY what they borrowed. The consumer agreed, and the funds was withdrawn on a Friday (hence payday).

That following Monday the consumer checked their account and an additional unauthorized amount was debited from their account. The consumer contacted the company and was advised that it was an honest mistake on their end, that someone dropped the ball and forgot to adjust the remaining balance as part of the settlement.

As a result, the consumer had overdraft fees. Further, this damaged their reputation with their banking institution. They had perfect history with their bank for years. The payday loan company took this away in one day. Even more, there is the possibility that this may have damaged the consumer’s chances of pulling out a mortgage or auto loan with their bank.

However, the bank did offer an apology and resolution. They offered to refund the consumer for the overdraft fees, as well as provide them with an additional loan to cover the amount of the unauthorized debit- only this time the consumer would not have to pay this back (this was the quickest way to get the funds back in the account since the consumer had bills to pay). The consumer accepted.

Now, the unauthorized debit came out in 2 seperate withdrawals. One of the amounts was similar to an amount the payday loan company withdrew previously, which was for a “finance fee”. At this time the consumer disagreed with the amount of the finance charge that the payday loan company charge for each withdrawal, so they contacted the company to make amends and was told nothing could be done and that the funds will be withdrawn; so the consumer called their bank to put a stop payment on that transaction. The consumer did not know that the stop payment was still active for indefinite; so one of the 2 unauthorized transactions was reversed due to stop payment.

The consumer explained this to the company. They also explained to the company the damages they have caused them, their family, and their financial institution (mentioned earlier). They told the company how they felt- that it should be a “wash” because the damage they caused is worth far more than the amount they want paid back- which is a relatively small amount (less than $200).

The consumer does not want to pay the company anymore money and feel that they should not have to because of the damage they caused. The company is not willing to take any of the damaages into consideration and call it a “wash”. Instead, all they care about is getting paid this small amount.

With all this said, do you think the consumer should a) pay the small amount and nip it in the bud, or b) pay no more and seek a possible lawsuit against this company for the damages they caused?

Any help would be much appreciated.

I have a small 2 door coupe, I owe 16 on it (obviously upside down) I wanted to avoid a dealership trade in because I knew I’d be carrying over a ton of neg equity on top of the new loan amount, my family is growing and in dire need of a bigger vehicle, I posted online in auto trader and got a reply from another party who has an SUV they are willing to trade outright…paid off, newer than my coupe, their reason is they need a gas saver. Is there a way to xfer a loan and refi on a new vehicle or just do a straight across xfer? if anything I guess I could get a 10day loan payoff from my current auto financer, take out a auto loan at a new credit union to pay off my old loan, new loan using the SUV as the collateral for new lienholder and essentially pay off my old car? And xfer the title to the other party?