Comments for Broke-Ass Student

Comment on About Me by Joe

Joe — Mon, 25 Jan 2010 12:39:24 +0000

Browsing the net this morning and came across your “little cranny on the web” - I think it’s a great little cranny!

Anyways, I know what you mean, several years back I was in similar situation. Thinking back, I almost can’t believe how little students (high school or college) get taught about finances. Yea, we were taught how to balance a check-book or even carry a ledger, but the day to day financial/debt info wasn’t taught, or at least not to me.

Early on, getting credit card approvals and personal loans at the drop of a hat was great, it seemed like easy money, but the vicious cycle got to be to much… When I had enough, I literally read every single book about credit/finances I could get my hands on, including just about all the credit laws. It was a tough road to get back to even, but eventually I did.

Since that time (not long ago), I decided to do my small part to help anyone interested in credit/finances. I threw up a couple credit sites with no gimmicks, no sales pitches, nothing to buy, just helpful info. The site I posted on here, I recently published just a month ago or so. I haven’t come across one like it and really think it can benefit people as more and more visit it/submit info. My whole idea is putting a couple sites together with the information I couldn’t easily find when I needed it. The few reviews/comments I received have really been a spark in my life. I really enjoy the idea of possibly, just possibly helping someone from the mistakes I made.

Your site does just that! Your articles/blogs will serve as a guide and a warning about debt as different folks come across it. I wish you the best of luck with it and congrats on a well written, great content site!

Comment on Best of Broke-Ass Student by Mp3 Rocket

Mp3 Rocket — Thu, 21 Jan 2010 08:53:43 +0000

Hope you are well in control now.

Comment on About Me by J. McGregor

J. McGregor — Sun, 17 Jan 2010 06:22:40 +0000

I hope your investing money in a retirement account girl! Listen to Suze Orman OK! Get all her shows for free on apple itunes. If no iPod, watch via iTunes on computer. I was in your same boat. Now I am jet skiing away from that boat. Uh-oh, WATCH OUT…a dolphin. “WACK”!

Comment on How To Fight Back Against Collection Agencies by J. McGregor

J. McGregor — Sun, 17 Jan 2010 06:18:51 +0000

Nice article. thecreditbible.com is what I used. The cease and desist letter does work everyone. My CA informed me this year it falls off.

Comment on How To Fight Back Against Collection Agencies by Bert

Bert — Sun, 10 Jan 2010 02:50:43 +0000

I used this letter as a template for a few collection agencies that are after me for payment on Medical debt for a series of surgeries I had a couple years ago. So far I got a response from one agency where the did verify the debt i owe them where they broke down the amount from the original debtor (Their client who’s the hospital I stayed in).

The letter says if I don’t pay the full amount in the next 30 days they’ll forward to a lawyer to process a judgement on me :(. At least it did include a single point of contact to call directly, which I’ll probably do in the coming week.

I guess my point is, if you do know you have debt it’s probably better to let it rite until the statute of limitation time is met because writing a letter like this to collection agencies can open a much bigger can of worms than the one you’re already in.

Comment on How To Fight Back Against Collection Agencies by rog

rog — Sat, 09 Jan 2010 13:44:34 +0000

I have enjoyed reading your website immensely. It has helped me out a lot. Some great advice that I have followed and it’s worked.
Here’s one additional thing I have picked up on.
I live in New Jersey. If I am correct, a law firm acting on behalf of a so called creditor, has to post a collection bond with the state treasury department. Some of these bottom-feeders feel that they are so above the law, they fail to comply with this. I’m not sure, but this might be the same in other states. And there are other law firms who will counter sue on a contingency basis for violations to the fair debt procedures.
Rog

Comment on Being Sued For Credit Card Debt by bilbobaggins

bilbobaggins — Fri, 08 Jan 2010 20:31:38 +0000

Thanks very much for putting something like this together. I lost my job a year ago (for a year) and defualted on a credit card, it went to a couple of debt collectors, and now is at a law firm. I tried to contact the credit card to start payments when I got a job and some money together but it was at the collections at that point. In speaking with the collection agencey we almost settled, but before doing so it rolled to a law office. I spoke with them (before reading this helpful post.) and tried to negotiate, but they suddenly wanted $1000 more than the last agency… so no deal on my end.

I’m lost in all the info (and lack there of.)

Question 1) Is settleing debt terribly bad to your credit score assuming you already have poor credit?

I plan on sending them a validation letter as above, I plan on ignoring all knocks at my door I’m not expecting. I plan on no longer admiting the debt. Will this lawfirm sell off my debt again? I’m under the impression that since the credit card sent my debt of to collections can I simply ignore this/stall this stuff until the statue of limitations goes away?

Thanks for the posting!

Comment on The Mysterious Georgia Guidestones - A Shepherd of Reason Or An Elitist Covenant? by Tommy

Tommy — Tue, 29 Dec 2009 14:36:18 +0000

I just visited this weekend. I’ve been of the opinion that the first - and most “controversial” - guideline doesn’t mean to cut down the population, but rather advice not to go past this number once these guidestones actually become necessary in rebuilding a civilization. If it gets to the point where these stones are required in order to tell time or figure out the planet’s relation to the sun, chances are something has already reduced the planet’s population.

Comment on September Financial Update - I’m Debt Free!! by Fred

Fred — Sun, 27 Dec 2009 19:36:49 +0000

Aww, I have only just now heard about your blog. Well, I’m happy to hear that you’re debt-free. I’m going to read through some older posts and see what exactly led to that (I’m a student in debt as well).

Comment on How To Fight Back Against Collection Agencies by mike

mike — Sun, 27 Dec 2009 17:45:31 +0000

I have a q,uc is trying to collect money from me because I never went to school, because I got a job instaed but I never un enrolled so they’re charging me for not waiving my health insurance even though I’m on my parents and also for late fees,what can I do? An what will happen if I don’t pay it?

Comment on Purchase Protection: Credit Cards to the Rescue by Frank Vincent Ippolito

Frank Vincent Ippolito — Thu, 24 Dec 2009 08:00:40 +0000

It has become apparent that cash back credit cards have recently been on a steep decline as far as availability goes. Some might say that in these particularly difficult financial times, having CASH BACK would be what they want, ideally.

In 2005, 43 different credit cards offered cash back as a reward. in 2009, there are only 13. But what consumers need to come to realize, is that the cash back reward was usually limited to 15-20 dollars a month. so wouldnt you prefer to get air miles, which may save you much more than 15-20 dollars a month, next time you travel? Or how about something that you use everyday, like fuel. Free fuel is the same thing as free money essentially.

Busineses are the ones who seem to truly benefit from the cash back credit card reward. They don’t seem to have a limit per month, rather a .5% on their spendings.

Comment on How To Fight Back Against Collection Agencies by Soras

Soras — Wed, 16 Dec 2009 16:45:11 +0000

Imagine the fallout for them if we ALL stopped paying. I know it’s only a dream but it sure would be fun to watch.
I pay my credit card bills on time and most of the time I send over the minimum payment. Over the past few months, my American Express Blue minimum payment has gone sky high and is now out of my budget. If they had mentioned to me that they would be screwing me with a spiked pipe I never would have taken this card. That’s just it, they change the rules whenever they want and we have to comply or suffer their abuse. Even if we pay our bills on time they still screw us.

Comment on How To Fight Back Against Collection Agencies by La Henche

La Henche — Sat, 12 Dec 2009 05:03:04 +0000

To all you folks that want to play the high moral side of the fence here- EFF YOU! This is war. Americans are at WAR with this mongrels. All is fair in love and war you know. If that means walking away and defaulting on debt, so be it. TOO BAD! We are all paying for it anyway in our taxes and government bailouts.

All of our parents raised us to be responsible people, perhaps we should have taken some of their financial advice to heart. Bottom line: We are dealing with subhuman PIG F’RS in banks, lawyers, collection agents etc. They should be dealt with extreme prejudice.

THESE COLLECTIONS DOPES CANNOT DO ANYTHING. Especially during a period of discovery they reveal how impotent and big talking they are.

ALL BARK. NO BITE.

Do yourself and your country a favor: DEFAULT AND WALK AWAY!

Comment on September Financial Update - I’m Debt Free!! by Team @ Money Compare

Team @ Money Compare — Mon, 30 Nov 2009 14:06:00 +0000

Well done on becoming debt free Jennifer

Comment on September Financial Update - I’m Debt Free!! by James Edwin

James Edwin — Thu, 26 Nov 2009 17:54:31 +0000

Inspiring story with hopes for all.
I really like your flavor of writing. You should continue to use that to your advantage and nurture that natural talent. Maybe you would like to write something for my Blog?

Peace and blessings…