enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Can closed accounts be removed from your credit report? - AOL

   www.aol.com/finance/closed-accounts-removed...

   Your credit mix: How much debt you carry in different categories, such as mortgage loans and credit cards. This accounts for 10 percent of your score. This accounts for 10 percent of your score.

3. Can a goodwill letter get late payments removed from your ...

   www.aol.com/finance/goodwill-letters-payments...

   A goodwill letter is a formal letter sent to a creditor, lender or collection agency to request forgiveness for a late payment or other negative item on your credit report. In the letter, you ...

4. How to cancel or close a credit card - AOL

   www.aol.com/finance/cancel-close-credit-card...

   Step 3: Call your credit card company. Once you’re sure about your decision, call your credit card issuer and request a credit card cancellation.

5. Debt settlement - Wikipedia

   en.wikipedia.org/wiki/Debt_settlement

   Creditors often accept reduced balances in a final payment; this is called "full and final settlement". However, with debt settlement the reduced amount can be spread over an agreed term. In the UK creditors such as banks, credit card and loan companies and other creditors are already writing off huge amounts of debt.

6. Set-off (law) - Wikipedia

   en.wikipedia.org/wiki/Set-off_(law)

   In law, set-off or netting is a legal technique applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. [1] [2] It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent, the result being that the gross claims of mutual debt produce a single net claim. [3]

7. Charge-off - Wikipedia

   en.wikipedia.org/wiki/Charge-off

   A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without payment. A charge-off is a form of write-off.

8. What to know before closing a credit card with a balance - AOL

   www.aol.com/finance/know-closing-credit-card...

   What happens if you close a credit card with a balance. When you close a credit card and you still owe a balance, the debt you owe doesn’t go away. The card agreement still applies, and you are ...

9. Debtor - Wikipedia

   en.wikipedia.org/wiki/Debtor

   If the written agreement requires the debtor to pay a specific amount of money, then the creditor does not have to accept any lesser amount, and should be paid in full. Also, if there was no actual agreement but the creditor has proven to have loaned an amount of money, undertaken services or given the debtor a product, the debtor must then pay ...