Posts Tagged ‘Cards’
Question by voodewchile: Utilizing money advances from credit cards to pay off student loans?
This is a excellent thought! Given that I can’t write off student loans in a bankruptcy, why not just take out thousands of dollars in cash advances to pay off the student loans! Then I’ll just claim bankruptcy. Yayy!
Very best answer:
Answer by Daniel
you dont have to do that, it is even worse, the very first thing court will ask is that if you have ANY Sort of Money ADVANCES FROM CC’s, if you like they will know based on your credit report and monthly payment before it went on default compared to a few months before the money advances. Rather why you do not ask your bank to send you CHECKS and pay them off with your check? OR call them to do a credit card balance and pay off an account. Call the bank they may possibly even offer you far better rates, make it credible prior to you try to do fraud.
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Question by voodewchile: Using cash advances from credit cards to pay off student loans?
This is a great idea! Since I can’t write off student loans in a bankruptcy, why not just take out thousands of dollars in cash advances to pay off the student loans! Then I’ll just claim bankruptcy. Yayy!
Best answer:
Answer by Daniel
you dont have to do that, it’s even worse, the first thing court will ask is that if you have ANY TYPE of CASH ADVANCES FROM CC’s, if you like they will know based on your credit report and monthly payment before it went on default compared to a few months before the cash advances. Instead why you don’t ask your bank to send you CHECKS and pay them off with your check? OR call them to do a credit card balance and pay off an account. Call the bank they might even offer you better rates, make it credible before you try to do fraud.
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Learn about various hard cards used to smooth window tint with expert tinting tips in this free car detailing video clip. Expert: Ronald Sanders Bio: Ronald Sanders has been tinting for over 20 years. He has had a wide range of clientele from celebrities to everyday people. Filmmaker: Antar Hanif
Due to Government changes in the Consumer Credit Act 1974, there are now ways to legally clear your credit card and unsecured loan debt. Please visit the Debtmuncher website for a radio 4 interview, BBC news clip and to contact us.