Debtors Prison's Journal|
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|Wednesday, June 25th, 2008|
Indie Artist Tries To Counter Debt Industry Propaganda
Hey, everyone! Maybe you've noticed that America's debt industry -- based on legalized loan-sharking -- has created an economic crisis that threatens to go global. On a more local level -- millions of families are facing home foreclosures and bankruptcy. And the credit card offers just keep flowing into our mailboxes.
"The avalanche of propaganda from the US debt industry with offers of 'cheap' credit is downright immoral as millions of families see their homes foreclosed," noted NY-based multi-instrumentalist/arranger/composer/producer Polarity/1. "Having long worked on the subject, I felt I had to do something in order to educate Americans and counter the propaganda"
Read the Full Story
|Saturday, June 2nd, 2007|
In debt? A community for you
is a community devoted to debt. Bankruptcy, past due bills, getting out, you name it, this is the place for it. A place to bitch, a place to find help, and a place to ask questions.
Come check it out. Maybe it can stop your slide from bad to worse, and improve your situation. Before you hit rock bottom. If you're already there? You'll find support and commiseration. And maybe a little advice along the way.
|Sunday, March 4th, 2007|
I feel ya'll. I have around a $1,000 in debt to work off.....makes me waaay sad. So I've been trying to find ways to get extra cash and I've been looking into those online things where youfill stuff out and get cash and I actually found one, well a couple, that are pretty sweet. Here's my current fave. It's actually kind of addictive ^_^
I'll try not to sound like a scammer, but this actually works pretty well. You just take surverys and stuff and can redeem it for money. I've been on it for about 24 hrs and I've made $2! Not a lot, but $2 more than I had to start with! IT's totally free, some of the offers try to rip stuff out of you, but you can avoid those pretty easy. The site's pretty fun and I dig it, so if you want to get involved, just follow this link:
It's pretty awesome!
|Tuesday, January 16th, 2007|
Does anyone know of any good places to get credit cards through for people with no credit at all.
|Wednesday, November 15th, 2006|
I have not been maintaining this community, but I am back and will try to do my best.
|Wednesday, November 1st, 2006|
is this comm completely dead? i wanted to make a post but i'm thinking that yall arent here anymore?
|Tuesday, September 26th, 2006|
So, after getting out of touch with my goals and responsible side this past summer, I've finally reconfigured my outline of my money, debts, and such and am starting fresh. Go me!!!
If anyone else is interested in a sort of outline, or maybe a budget, I'll gladly help make one.
|Wednesday, September 13th, 2006|
Credit card debt saga...
I decided to start a blog a couple of weeks ago to chronicle my arduous journey of paying down my debt. I'm in over my head but I've decided that it's now or never. I'm not getting any younger and want to start a family at some point. With my bills the way they are, the future is not looking bright...so I'm going to hunker down and pay it off...erasing my debt - one day at a time
It's also syndicated on lj at erasedebt
. Take a look to see how my progress is coming if you are interested...
x-posted to a few debt communities.
|Wednesday, May 10th, 2006|
I'm a freelance reporter for a major national women's magazine. I'm seeking to interview a woman between the ages of 20 and 45 who used one particular method to get out of debt. The method can be almost anything -- such as finding new ways to cut household costs, consolidating credit card payments, freezing credit cards in an ice cube, going to a debt counselor, making a budget for you and/or your family, etc.
If you or a woman you know has gotten out of debt and wants to share the one method you used to get out of debt in a national magazine, please send me a brief write-up of your story. Please include the problems you'd had with money, the method you used to successfully get out debt, how you came to try this method, how long it took to work and how your money situation is today. Also, please include your name, age and what state/city you're from.
My email is GLichterman[at]aol.com.
Only one story will be chosen. If your story is chosen, you will be interviewed by telephone by me and be profiled in the magazine. Your name and photo will appear in the magazine, so you also have to be okay with that.
My editors will pay a modest fee to the woman whose story is chosen and, in most cases, send a professional photographer to take your picture.
I look forward to getting your story!
|Tuesday, May 9th, 2006|
Realistic Credit Repair
In My Opinion -- The author misses the most obvious and best answer to this question. Tell FICO and the credit card companies to KISS IT. You don't need
credit cards to live, regardless of the myth constantly perpetuated in our consumerist culture. If you do, you're living beyond your means. Perhaps she did need them to survive when her husband was unemployed, but now he has a job. And of course, her perfect credit is shot, no matter how hard she worked ot keep it, because credit card companies are unreasonable
She is not using credit now to purchase items bc her cards are at the limit, so the credit she has now is nothing but a burden of debt, not a tool. She alreay has a mortgage and a car loan, and those are the main reasons one should be concerned with a credit score, bc the credit score will
affect your ability to purchase a car and a house.
She should tell those companies to take their FICO Score and cram it Right. Up. Their. You-Know-What. Pay off your debt, because you signed that loan form and you used their money to buy things and therefore you have a responsibility. But other than that, just stop using those stupid cards. Why in the world should we all dance to their stupid tune???( The issue of FICO scores makes me froth with rage, for very good reasons I won't go into at the moment. I've yelled about it enough before.Collapse )
Free yourself from this false paradigm, that's all I'm saying. You don't HAVE to make nice with credit card companies just because they can blackmail you with some mysterious FICO score over which you have little to no control.
|Monday, April 10th, 2006|
My husband and I just had a baby almost 3 months ago (woah time flies) so I obviously have been staying home... which means a big budget cut for us; but...Both of these websites are GREAT! I've made over $200 in the past 2months from them (and yes really have been paid)! M
The surveys can get redundent, but are worth it. Treasure Trooper isn't as quick to okay things you've done, but I think has better payouts! Check em out! (Warning: THEY ARE SLIGHTLY ADDICTING!!!)
|Friday, April 7th, 2006|
CC Disclosure Notices...
That Universal Default thing REALLY makes me mad!
I am so so glad I only have one cc and it's got a very low balance. Soooooo glad I don't use credit cards regularly. And guess what -- I pay for this. My FICO score is very very low and the major reason why is I have one cc with a low limit and thus, it is usually up to the limit (for example I paid off $400 of the $700 balance to go to CKU, and then I used it to pay for CKU, which was...that same $400). So my "debt ratio" is very bad -- I do not have a lot of "unused credit" laying around. When I needed dental work I took a loan out from my credit usinion, which will also not help my score, but at least it's a term loan and the interest rate is much lower than a credit card. So then when I go to get my car loan or to refinance my mortgage, I am penalized for refusing to have open credit accounts.
I hate credit card companies!!!( heinousCollapse )
|Tuesday, March 21st, 2006|
i'm involved with a guy who has accumulated a lot of debt although he's only 23. this all started with his first student loan, which he took out when he was 18 for community college. he earned a certificate in computer science but decided that it wasn't the field for him, so he decided to go back to school (hence more student loans) to become a teacher. part-way through his education, he realized that maybe teaching wasn't the career for him either so he decided to take a year off to persue his real passion - music. although it is what he loves to do, you can't really make money being a musician and now all his debts are coming back to haunt him. he owes $30 000 in student loans (plus interest), has no degree, and has about $2000 in credit card debt. he can't get a decent job without a degree and it seems like his options are running low. any advice on how to get out of this rut? it's quite depressing and i'm not sure what kind of support/advice to offer.
the only choices seem to be:
- go back to school to get a b.a. in order to get a decent job to pay back your loans... this seems kinda ironic since you have to borrow more money just to get a piece of paper that will allow you the opportunity to get a job to pay back the money you already owe in the first place...
- move back home and live with his parents and wash dishes?
- something else...? is bankruptcy or something else of that nature to be avoidable at all costs?
thanks for any help.
|Tuesday, January 31st, 2006|
I have a creditor that was told awhile ago that I could not receive calls at work. They said ok we will note that thank you. Well they just called me at work today and I said I have told you I cant take calls at work (my work actually records our phone calls) and they said thats too bad we need to talk to you now. I said Im sorry I cant have personal calls here please dont call back Well they immediately called back and said "we will keep calling here til you talk to us" They are going to get me in trouble..isnt this against the law???
|Sunday, January 22nd, 2006|
Online services allow users to fix there debt problems, however one has to be careful in choosing a service to participate in. Make sure to read to Terms and Conditions before comitting to anything.http://www.getlessdebt.com
|Monday, January 2nd, 2006|
I've ignored my debt for a long time. When I was in high-school a credit-card company sent me an application and my Mom and I filled it out in order to "build my credit." We used it for things like plane tickets and my Mom always paid it off. It was never abused and had a $1,000 limit. After college I was living on my own and making less than $10,000 a year. I taking classes and sometimes dancing at a ballet company and working almost full-time at the same time. It was awful. I worked at a bakery/coffee shop and would put in a full-day's work before 1:00 and then ride my bike to the ballet school. I ate at the bakery, but dinners were always rice, potatoes, eggs, anything cheap. I was a vegetarian, and not by choice! My expenses were few, but rent completely ate up my income. I was going nowhere and eventually quit ballet and my bakery job and started working in a bar. I had more cash, but my life wasn't exactly healthy! There were some dark times that probably aren't relevant to the topic of finances, other than to say that some of my activites were VERY expensive. I got out of the bar scene and got a job at a temp agency. I had one or two outfits that I could wear to office jobs and thought that I could just recycle them if the temp assignments only lasted a day or so. Well, the first assignment I went to lasted over a year. It paid well but I suddenly had many more expenses. I went to the mall and bought new clothes for my job, I was buying lunches at work, I was going out, etc. I started getting credit card applications again. I filled them out. I bought things that I couldn't afford. Not really fancy things, but things. Then I left my job and moved to the beach. I started substitute teaching and I shared an apartment with another girl. I ended up paying all of the household expenses. My boyfriend was an artist and he stopped working. I supported us both for three years, using my teaching and my credit cards. His dog had expensive vet bills, I had some medical bills, etc. My debt was really out of hand (about $16,000 - interest made up most of it). I contacted a credit counseling agency for help. I did all their paperwork and found that my monthly payments hadn't been reduced at all! I kept up payments for over a year and then...
I got into graduate school and left my boyfriend. I moved to another state. I left no forwarding address.
3 years later. I am still in graduate school and doing well. I totalled my car and my Mom cosigned a new loan for me, which I've paid on-time for over a year. I am living from student loans and my graduate assistantship. That sucks, but I am literally forbidden to get another job or I will lose eligibility for my tuition waiver. I have a new boyfriend, who is a great guy and would NEVER consider letting me support us both. He is also in graduate school and once we graduate, we should be able to get really good jobs. I am hoping that he will propose to me in the next year and I want to not have my past debt be a burden to him. I want to face my fears and fix this situation now, before he proposes.
I need some help. I would just google this stuff on my own but I'm afraid that the minute I google the word "bankruptcy" my computer will be covered in pop-ads from various disreputable credit agencies. I'm hoping that by reaching out to you guys, you might be able to share some of what you've learned.
1. How do I get a copy of my credit report (a free one from somewhere reputable!)?
2. Should I consider Chapter 11 bankruptcy? (That's the one where you pay back a portion of your debt, correct?)
3. Can you recommend a book that can help me figure this all out or one with forms so that I might file myself?
|Tuesday, June 28th, 2005|
On the evils of credit card debt
I got this blog link from boadiccea
. I loved this entry
! So true, so true. Yes we are responsible adults but it doesn't change the fact that Harv is an asshole.
I just discovered the one big credit account I have -- which I've paid down from $8000 to $2100 in 3 years -- is not at 4.9% It's at 2.9%. wooo whooo! The interest rate makes SUCH a huge difference.
|Thursday, June 16th, 2005|
Credit card payment crisis looms
This is why I am glad I always pay double the minimum payment on my credit cards. I have one that started at $8,000.00 four years ago [not for frivolous purchases -- I replaced my furnace and my central AC system, paid off my computer, and paid off a special assessment of $1600.00]. It's at 4.9%, and is now at about $2500.00. It will be paid off in 18 months. It would be paid off now if I had not replaced my car 18 months ago and had to reduce the amount I was paying on it per month. I am SOOOO glad I don't use credit cards for simple living expenses. it's hard, when I need gas money or groceries, but so worth it.( bad newsCollapse )
|Friday, May 27th, 2005|
i called my bank to see what my balance was cause i do that al the time and found out that someone had LEVIED my bank account. A CREDIT CARD COMPANY FOLKS!!!
they took all they could and they are going to do it again and probably go after my wages. i had no notice of any kind they just did it. i can not file bankruptcy because they will go after my X and I can not do that...i will not jepordize my daughter and our shared custody so my only option is to close my account and do everything by cash...which is going to put me so into a hardship!!! i will no longer have an ATM, able to write a check a few days ahead to get groceries, no direct deposits, no direct pay, and no borrowing from payday advance.
i was wondering if my car loan people would refinance the car and loan me $5000 to maybe do a payoff? DOES ANYONE KNOW IF THIS IS POSSIBLE??
I have no family to borrow from and my friends do not have that kind of money...they are all teachers...so any other ideas? I need all I can get!!
xposted to law questions, debtorsprison and debtsupport
|Thursday, May 26th, 2005|
The Can't Afford to Go Bankrupt Blues song ....
Help me cheer up my good friend blunttears
tonight by coming up with another line for this song.
The Can't Afford To Go Bankrupt BluesThey're Coming To Take My Pickup Truck Awayyyyy ....
They already got the collar off my dog
They got the brass fixins' off my faucet because the hot water knob was a 'liquid' asset
They took my boots and walked all over me with them and then out the door ...
Then came back to get the bootprint off my face!
Add your next line at her LJ here