august 18, 2007 - look @ your credit report!

ok so the recap of this whole week was getting an apartment. we found a place we liked and well, the process of it was a bitch. it all came to a halt when my credit report was pulled, saying i have an account in collections....WHAT? since when? seriously, i acknowledge that IN THE PAST i was a f*ckin' idiotic naive kid (18 yrs - 22), believing that ah money is not an issue...and that trusting everyone is ok. so at the present moment, we are DENIED of the apartment till it's fixed. (i was notified thru the phone about the credit report problem...while assisting a massage class...so much for relaxing)...*rolls eyes*

by the time i was 19 (1998), i met a guy who i thought would help me start a business (so i can help my relatives in the philippines) who happened to ruin my credit. the only good outcome was that i met his cousin, who happens to be my husband now). and because i was already making payments in some accounts (and much later noticing the stuff he happened to rack up under my name) the people i spoke to (from the company) said i can't do anything, keep paying for it. GED DEMN....see how f*ckin' stupid i was? i shoulda pursue the shit out of this to get it resolved.

but what did i do? i stopped paying and ignored the fuck out all of the debt. most of them became charge offs, including the one from sears. there's a significance to this account, mind you, and i am still currently researching on charge offs and the like. sigh...

so now...on monday, i'm gonna call a friend again to help me dispute this annoying f*cker out of my credit report. it's going to deny me of ever getting my own home, which i know i will have by the end of this year (or early next year). looking up these collection agencies thru google showed that 1) their business is whack and do illegal operations such as threatening you to pay or debt or else you can land in jail and 2) numerous people are suing this company for the practices they've done. unfortunately 1 company already harassed me in such a way earlier this year by the threats that i did pay $500, and have been waiting a letter from them since april stating that my account has been up to date. had i known about my fair credit act rights, i wouldn't have to pay for it. again, it was due to the naivety of my part.

so i'm telling this to all of you guys, my friends. even if you had a good balance and you closed your credit cards in good standing (old loans count too), these people WILL try to extort money from you. ALWAYS check your credit once a year...don't do it at the last minute, which i feel i was doing. look the company up thru BBB.org (better business bureau) and see if they have problems. read up on the fair credit act to know your rights; search the web for the company too, you'll be surprised to see the results. also check out forums (search for the collecting agency, and you'll find these forums...if not ask me i'll help you with that) pertaining to credit. you're not the only ones out there with this problem and the people in those forums are more than willing to help you out.

this will be resolved in two weeks...or there will be problems arising (i will probably sue if it comes down to it)...

i gotta clear my mind of this junk for the time being and have some fun....

anyways, you all have a good weekend...