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If you have any problems with the registration process or your account login, please contact us. | Beginners Credit Repair Discuss Bad Credit and its not my fault in the GENERAL CREDIT REPAIR forums; Got a question. I took out 2 loans for a friend of mine. After about 2 years he had money problems and went 150 days without paying both loans. I ... 
02-22-2008, 02:59 PM
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#1 | | New Member
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| Bad Credit and its not my fault
Got a question. I took out 2 loans for a friend of mine. After about 2 years he had money problems and went 150 days without paying both loans. I actually never knew cause I had the bills go directly to his house. I found out myself when I couldn't get a Sears card. Anyway, after I almost killed him he started making the payments again. One of the loans has been paid off. The other still has a significant amount to pay off. This happened in 2005. Can someone tell me if I can do anything about my credit. Since he has picked up the payments again is there a way to talk to the bank to see what they can do. Is it better to pay off the other loan or is it better to keep paying the monthly bill. I have never had credit problems before so I have no idea what to do. Please help. | 
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02-22-2008, 03:14 PM
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#2 | | HONORED GUEST
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| Two things you can do. First, write a letter to the bank and ask for them to take the lates off as a good will gesture on the loan that is paid off. They may not but it never hurts to ask.
It would probably be better to pay off the other loan if you can. You don't know for sure that your friend will continue to pay timely so it will hurt your credit again if the same thing happens and it will be a newer ding on your credit.
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02-22-2008, 03:14 PM
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#3 | | Elite Member
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| -I'd say the bad credit is in fact.....your fault.
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02-22-2008, 03:16 PM
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#4 | | HONORED GUEST
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Originally Posted by drivel  -I'd say the bad credit is in fact.....your fault. | Now, now Doc, play nicely! Yep the fact he was too trusting is HIS fault but you live and learn.
__________________ Please be advised that I am not an attorney and nothing I post on this forum should be construed as legal advice. Let's Go Mountaineers!! Let's Go Drink Some Beers!! | |
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02-22-2008, 03:21 PM
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#5 | | Elite Member
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Originally Posted by hannah Now, now Doc, play nicely! Yep the fact he was too trusting is HIS fault but you live and learn. | True that. 
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About Drivel:
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02-27-2008, 05:01 PM
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#6 | | New Member
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| Very interesting. | |
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02-27-2008, 06:13 PM
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#7 | | Elite Member
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Originally Posted by psaysofavril Very interesting. | Why yes, yes it is, psaysofavril.
Looking forward to some great contributions from you on this board. You should put a comment in on every article posted by repairbadcredit
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About Drivel:
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02-27-2008, 06:30 PM
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#8 | | If You Do Not Like It, Kiss My...
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Originally Posted by drivel Why yes, yes it is, psaysofavril.
You should put a comment in on every article posted by repairbadcredit |  Someone is just trying to get their post count up so they can Spam the board with links. We are all waiting anxiously to see what it is they are selling that we aren't buying. 
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How come "phonetically" is spelt with a "ph"? | |
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02-27-2008, 06:32 PM
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#9 | | Administrator
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| Might not even see much of it if I'm around. It could just go bye-bye.
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The answer is 42!! | |
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03-16-2008, 07:03 PM
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#10 | | New Member
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| Good thing he resumed payments, its not a very bad situation, i think all you have to do is wait, keep using your credit cards, you'll recover. | |
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03-18-2008, 05:11 AM
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#11 | | HONORED GUEST
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| No good deed goes unpunished . . .
Don't do favors for people. It bites you in the ass everytime.
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05-22-2008, 08:39 AM
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#12 | | New Member
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| my very limited income I am able to just give them education
I am 42 years old. I am having two daughters and no sons. With my very limited income I am able to just give them education. After this I would not be left with any money even to marry them leave alone carrying on my left over years. In this situation I do not know what will be my family's future. Any one having knowledge about educational grant for such cases please guide me. I will appreciate your help. | |
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05-22-2008, 08:50 AM
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#13 | | Administrator
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Originally Posted by athenamathew I am 42 years old. I am having two daughters and no sons. With my very limited income I am able to just give them education. After this I would not be left with any money even to marry them leave alone carrying on my left over years. In this situation I do not know what will be my family's future. Any one having knowledge about educational grant for such cases please guide me. I will appreciate your help. | Are you inquiring about college or grade school?
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06-19-2008, 06:58 PM
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| Quote:
Originally Posted by athenamathew I am 42 years old. I am having two daughters and no sons. With my very limited income I am able to just give them education. After this I would not be left with any money even to marry them leave alone carrying on my left over years. In this situation I do not know what will be my family's future. Any one having knowledge about educational grant for such cases please guide me. I will appreciate your help. | Did you try financial aid? FAFSA.org ??? | |
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