You are here:
- Home
- Business
- Corporate Law
- Collections Law
- Collections/closed accounts
Collections Law/Collections/closed accounts
Advertisement
Question
I know/understand very little regarding credit history. I'm 26 currently and soon after I turned 18 opened 3 credit cards. . they quickly got out of hand (no more then $250 balances) however due to fees they now range from $200 and something to $1,010. I'm trying to get into a low income housing complex however was told if I have anything in collections it would be a automatic no for renting there and that it would be best to try and fix those in the mean time of being on the waiting list. I then looked up my credit report and it says I have zero in collections but 6 negatives against me. I'm thinking that 3 from the places them self and then 3 from the collection agencies. So have 3 closed accounts against me. . since that seems to be different then "in collections" I'm not sure how that would affect my chances of getting a apartment to rent but I'm wondering if I can even do anything with a closed account? The rental place says it would give me a certain amount of time to settle all of credit things against me but can I do that with closed accounts?
Dear Angela,
Thank you for your question.
To answer your question yes you can resolve a "closed charged off account".
We would need to review the credit report to give you the best advice.
Please https://www.ontrackfinancialgroup.com/Contactus and fill out the requested information. This will allow us to contact you outside AllExperts, in a secure environment.
Ontrack Financial Group llc
Related Articles
- What Are Debt Collections and How Do They Affect You
- How Long Will a Debt Collection Stay on My Credit Report
- Paying Collection Accounts - Tactics For Paying Off Debt Collections
- Paying Debt Collectors - Should You Pay an Old Collection
- Selling Your Collection - Options to Sell and Liquidate iYour Collection
Answers by Expert:
Ontrack Financial Group llc
Expertise
With the credit market on a brink of collapse, the future of having good credit will be paramount. Loans will be near impossible to obtain with strict lending practices around the corner. Debt collectors and Law offices will use even stronger tactics to recover more of your hard earned money. Protecting you and your credit has to be a top priority. In 2000 Ontrack Financial Group llc founded the credit arbitration movement. More and more companies entered into the arena and new business models joined old ones. Only one company has the attitude and aptitude to truly assist our clients. Ontrack Financial Group llc is that company! With our proven credit arbitration solution, you can become Charged Off Debt free within three years or less. Our clients have eliminated their Charged Off Debts with our service and avoided communication with collection agencies and law offices in the process. Since the inception of Ontrack Financial Group™, we have continued assisting our nation-wide clientele with their burdensome unsecured debt and has enrolled thousands clients in its programs, managing millions of debt for its clients without one complaint. Ontrack Financial Group™ is a for-profit, private company and is not affiliated with the credit bureaus or the credit industry. As a result, our services are unbiased and independent, which allows us to better serve the consumer.
Experience
Please read about us at Https://www.OntrackFinancialGroup.com
Education/Credentials
Banking & Finance
©2012 About.com, a part of The New York Times Company. All rights reserved.