WCDavis559
Junior Member
PLEASE HELP NEED advice about old credit card debt
What is the name of your state? Florida
I had 2 credit cards (1 Visa and 1 Mastercard) I opened the account in May '97 Both card companies charged me for disablilty protection even after I had canceled both cards in Dec. '98 when I was disabled during a pregnancy. I explained my situation every time the companies called. The disability coverage was never honored. I did pay Visa $1,000. in April '99. out of the then $2,000. which is now up to $3,484.28. Eventually, the calls stopped. I hadn't heard from anyone in years and now I'm getting phone calls from a different company who purchased my account from another company threating to put a judgement against me if I don't pay them at least $1,742.13
The Mastercard account has also changed hands many times and also wants around $1,200. to "settle my acount" My problem is that I do not work. We are like a lot of families and live pay check to pay check. We have 4 children and it would cost us more than I could make in one week to have them in a day care and/or before and after school care. If I could pay the debt I would. I know that it isn't much but, I have offered to pay $50. a month which neither company will accept. Both companies will only accept 50% of what they say I owe on top of the interest that has been added in by the individual companies. I do not know what to do. I don't own anything, and my husband is the only one working. I am very upset. I don't know what to expect. Any advice would be greatly appreciated. Thank you for taking the time to read this and to anyone who responds.
What is the name of your state? Florida
I had 2 credit cards (1 Visa and 1 Mastercard) I opened the account in May '97 Both card companies charged me for disablilty protection even after I had canceled both cards in Dec. '98 when I was disabled during a pregnancy. I explained my situation every time the companies called. The disability coverage was never honored. I did pay Visa $1,000. in April '99. out of the then $2,000. which is now up to $3,484.28. Eventually, the calls stopped. I hadn't heard from anyone in years and now I'm getting phone calls from a different company who purchased my account from another company threating to put a judgement against me if I don't pay them at least $1,742.13
The Mastercard account has also changed hands many times and also wants around $1,200. to "settle my acount" My problem is that I do not work. We are like a lot of families and live pay check to pay check. We have 4 children and it would cost us more than I could make in one week to have them in a day care and/or before and after school care. If I could pay the debt I would. I know that it isn't much but, I have offered to pay $50. a month which neither company will accept. Both companies will only accept 50% of what they say I owe on top of the interest that has been added in by the individual companies. I do not know what to do. I don't own anything, and my husband is the only one working. I am very upset. I don't know what to expect. Any advice would be greatly appreciated. Thank you for taking the time to read this and to anyone who responds.
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