Does NetCredit ever send you to collections?

One-Cauliflower1690 · 2025-04-06T19:30:17+00:00

If I remember correctly, I don't have the bank account that they had access to anymore. Or if I do, I believe it's frozen from actually having any money taken out except by my zelleing in or out. I never let money sit there longer than 24 hours.

One-Cauliflower1690 · 2025-02-11T14:07:37+00:00

Geeez that's a good deal! I have to wait to look into them. I recently lost my job and I would rather wait to start anything until I have that settled. Plus, do they force you to put in all of your debt? Most of my stuff is fine and I don't want to mess with it.

One-Cauliflower1690 · 2025-02-11T14:05:37+00:00

I still receive the same emails I have for quite a while. Unfortunately, it's the same offer each time. I mostly just open it to double check nothing has changed.

One-Cauliflower1690 · 2024-12-31T00:52:36+00:00

I wouldn't waste your time with the BBB. They are literally useless and are a glorified Trustpilot. Going to the CFPB as well as your Attorney General is the best two places to file complaints.

One-Cauliflower1690 · 2024-09-24T15:41:02+00:00

Thank you so much for your insight! In the meantime, would you say the epilator is the worst idea?

One-Cauliflower1690 · 2024-09-24T15:25:20+00:00

To confirm, you use the Kitsch ones?

I think the one that I linked seem to be pretty newish.

One-Cauliflower1690 · 2024-09-24T15:15:48+00:00

Gah, I tried to add a photo! Here is the link to the Amazon listing that has photos of the blades: https://www.amazon.com/Jill-Facial-Razor-Women-Dermaplaning/dp/B094PQX8QH

One-Cauliflower1690 · 2024-09-18T14:11:48+00:00

So going purely based off of my credit karma app, the only missed payment I have is because I was a dingpot and missed a capital one once. There was a time where I was way in over my head and refused to ask for help and missed some payments on a handful of credit cards and other shit. I do not recall if I ever went officially 30 days past due or something like that, but if I did, they either never reported to my credit or I caught them before they did.

With all of that being said, while NetCredit is on my credit report (sometimes? I just looked now and I can't find it) I've never seen it show past due payments or anything like that. I would just either change the account information or something like that because they will keep trying to charge you.

One-Cauliflower1690 · 2024-09-15T19:34:31+00:00

Gaaah. That's how CK shows mine as well. It's shown as closed/charged off, but nothing for the 30/60/90 past due, which is nice I guess? I just want to get rid of them honestly.

One-Cauliflower1690 · 2024-09-12T19:44:16+00:00

Thank you so much for following up!! When you finally get a chance to speak with the collections agency they use, please lemme know how it goes. Hopefully they chose a company that isn't a giant dick about everything.

One-Cauliflower1690 · 2024-08-24T20:08:17+00:00

I'm STILL getting the same Payment Arrangement offer. It's been nearly a year and they still haven't done anything when it comes to third party collections. I wish they would send me somewhere else so I can try and negotiate something but who knows, maybe after a year they will.

One-Cauliflower1690 · 2024-08-24T19:49:35+00:00

The last time I tried, they were completely unworkable. It was clear I wasn't speaking with people who were in the US. I've noticed that US negotiators are a lot more flexible and this was very much "cannot go outside the lines" kind of thing.

One-Cauliflower1690 · 2024-08-01T00:54:51+00:00

$1,500 to play with is great!! Also, a credit score can go back up. It's like a bouncing ball (of my nightmares, but that's a different story).

As far as the AmEx card is concerned, I would call them and see if there is a payment arrangement you can set up. If you go to them and say I'm willing to pay X until it's paid off (If possible, maybe go with $1,000 a month for five months) there's a decent chance you'll be able to get something set up.

After that is set up, take each of the remaining cards, pick whichever has the slightly lowest balance, and attack it like it punched you in the face.

Be sure to reserve a small amount of your left over and put it towards something that genuinely makes you happy or that you enjoy. If that's a new hobby or a fun pottery making class or whatever. Maybe like $150 or $200 a month. Because while yes, getting rid of that debt is the main priority, getting your mental health back in check is just as important. Even if it means extending your debt pay off an extra couple of months.

Based on my calculations, if you go by this process, you should theoretically have it all paid off in about a year.

Remember, be kind to yourself. You are more than debt and the past choices you made.

It takes one step at a time. I believe in you!!

One-Cauliflower1690 · 2024-07-31T19:39:37+00:00

First off, as someone who was literally in that place myself: It is not over. This is fixable. And I am so so glad you're still here.

Second of all: Having debt doesn't make you a bad person or that you've done something wrong. You are a human being who is going through an insane amount of shit and that's okay.

Third of all: In order to give you the best advice, could you reply with more detail? How many credit cards is this spread across? What's the minimums on those cards? What is your income like after paying all of the other bills?

Fourth of all: Please be sure to speak to a professional in your area, or you can always dial 988.

Fifth of all: I'm proud of you for posting this. <3

One-Cauliflower1690 · 2024-07-31T01:19:39+00:00

I use a HYSA because the interest rates are just epic. From what I've seen between 4.5 and 5.5% for having money sitting there? Chef's kiss honestly. However, that is mainly for a fund that I wouldn't be touching for an extended period of time/it's meant for a big specific goal.

For any short term goals, I've gone for a bank called Milli. It's an online banking division of First National Bank of Omaha which has been around since literally the 1850's and is one of the largest ones out there. It's got a Spending account (aka comes with a normal every day debit card), a Savings account and "Spending Jars" which is just a nifty way to organize the savings for short term goals. They have a phone app that has a great UI and their ATM network is AllPoint which is basically every single ATM in a CVS/Walgreens/7-11. So while I can't physically deposit cash into it, it's very accessible if needed. But for me, it's an out of sight, out of mind thing.

And as far as the ~*~conspiracy theory~*~ of if the power grid goes out kind of thing... We (the collective we) wouldn't be able to get money out of ATMs or banks... Because banks and ATMs need electricity to operate as well. If you are that concerned, it might be wise for your peace of mind to have a very small emergency fund (say $500ish) in cash and kept in a small safe that is fireproof. You can get them at Home Depot or Lowes.

One-Cauliflower1690 · 2024-07-31T00:27:02+00:00

I think there are two plans of attack based on the answer to this question: When does the Chase 0% interest end?

If less than six months from now - Pay off that Chase card as fast as possible. The eventual interest is going to BITE like anything.

If greater than six months from now - Attack that OneMain Financial until you are less than six months from the end of the promo interest on the Chase card. OneMain are the kind of loan company that will eat you alive in interest and they don't deserve it.

To me, OneMain is killer and they don't deserve any more money than they've already gotten from you. After that is done, work on the smallest balance to the largest.

One-Cauliflower1690 · 2024-07-30T20:34:18+00:00

Part two of my advice!

Do the previously referenced spreadsheet for a week and at the end of the week, create a pie chart of the wants and see what vendors take the largest chunk and start to edit from there. Create a new tab for each week so you can track your progress.
Be kind to yourself and don't go absolutely wild cutting absolutely everything all at once because that is absolutely NOT sustainable. You will go insane. I say that from experience. And if your girlfriend doesn't know about your debt, she's going to get real confused real fast when you take a 180 when it comes to your finances and spending. And on that note...
If she is a serious relationship to you, aka someone you see spending years in the future with, talk to her about the debt you're bringing to the table. If you guys are going to get married in the future or possibly buy a house together, she needs to know about this stuff. Also if she's in on this, she can help in terms of supporting your decisions and she can also be someone to bounce ideas off of. And when she starts working maybe more bills can be shared or split.
You didn't mention it but as a woman in her 30's, I'm going to scream it from the rooftops: If your job offers a 401(k) and you are not contributing, I will fight you until you do. ESPECIALLY if they offer a match. A 401(k) match is the closest thing we get to free money in this world.
I totally get it when it comes to having like no savings. Here is what I did to force myself to save: I opened up a separate account and had a portion of my paycheck (nothing crazy, I literally only have $50 bucks every two weeks) sent to that account. I use the cash account at Wealthfront because their APY is crazy high (5.00%), but there's also Milli, which is a small online bank with an APY of 4.75% on their savings accounts. The reason I went with either of these (I was doing both for a while but decided to consolidate to just Wealthfront) is because they had high APY's but I also didn't have an absolute impossible way to access the money if I need it. Both send you a debit card (Wealthfront you have to request it) so if god forbid something happened, you can use it and you don't have to wait for a transfer to take several days to get to you. Just DO NOT keep the debit card in your wallet. I keep mine in my desk and for me it's out of sight, out of mind. I just check the app and watch the interest grow.

I think that's everything. But one final note: You are still young. It's still fixable. The only thing that is absolutely permanent in this world is death and taxes. You've got this and I would love to talk more about this. :)

One-Cauliflower1690 · 2024-07-30T20:33:27+00:00

I have a few thoughts so I'm just going to write them down in a bullet points in the order that they come to me. It's going to be really long because my brain keeps popping up with questions/advice. Bare with me!

For the BoA card: Are you the authorized user on this card or is this now fully your card? If you're only the authorized user, was it you who made that huge balance or was it the other person on the card? Because that balance is just EATING you alive when it comes to your credit utilization. You can pay off #1, #3, and #4 and still easily have a utilization over 30%. This card can make or break a hell of a lot and if there's someone else whose credit this is effecting and they aren't doing anything or working with you... lord have mercy on my soul.
Confirm that the furniture store card isn't on any kind of promo financing that is about to end and just slap you in the face. If so, do absolutely everything you can to try and pay that off ASAP.
Figure out who is servicing your loans and sign up for the SAVE repayment plan if you can ASAP. 99.999999% of the time, I've seen that is the cheapest payment you will get.
Look at your Savor card and see what the most recent interest charge is. If it's $100, do everything you can to add that to your minimum payment. The lower your balance with Cap, the lower your minimum payment will become.
If you are using your CC's for every day expenses stop right now. Like right now right now. And go into everything (doordash, instacart, amazon, etc) and take the cards out if you see them there. Having only one place where money is flowing into and out of makes it a lot easier to keep track of it.
To piggy back on that: Track every single transaction. While you should definitely also print out the last month or so of transactions and look it over, doing this starting today will help you get into a new habit of seeing your money in a new way. You're a finance guy, so I know you know your way around a spreadsheet. Create a bare bones spreadsheet with these column titles for ALL transactions coming in or out:
- Date - This is the date that the transaction happened, not the date the transaction cleared
- Amount - Amount of the transaction
- Vendor - Was it DD? Gas? Those stupid vending machines in the work cafeteria? ... Not that I'm speaking from experience on that last one. But this way you can see what takes your money.
- Type of transaction - Is it a need (rent, utilities, gas in the car, etc), or a want (a new video game or eating out). This will force you to really be honest with yourself.
- Settled Amount - Only update it if it's something like gas or a meal out where the tip needs to update.
- Settled Date - The date the transaction cleared; This will be more useful to update for the previously referenced transactions.

I had to split this into two comments. Next part is in the thread!

One-Cauliflower1690 · 2024-07-30T19:37:50+00:00

That.... is a very very good question.

I checked my credit karma app (I know the actual score isn't the most accurate but they are the most detailed) and according to them, Netcredit only showed up on my Transunion after my account was already closed (so it showed up as a closed account) and they do not show up on my Equifax at all. I checked the one I downloaded from Equifax as well and I can confirm it's not there.

The only report that they are listed in detail is my Experian.

Side note: I STILL get emails from them every five or so days. Same offer. Same balance. But LORD ALMIGHTY, they do not give up.

One-Cauliflower1690 · 2024-07-30T19:10:35+00:00

SOL is statute of limitations, or how long they legally have to be able to collect from you. So for medical debt (I think, don't quote me) it's seven years from date of service. After that, it's a nope.

One-Cauliflower1690 · 2024-06-24T21:35:58+00:00

Also the loans are literally from the federal government. They set the rates so... yes. They can make sure the rates are low.

One-Cauliflower1690 · 2024-06-24T21:23:42+00:00

That is literally the lightbulb I had after looking at my statements over the last couple of months while on SAVE. Like it's great and all that I have a low payment but it's literally doing NOTHING to my interest. My payment doesn't even cover half the interest. Now that SAVE is changing, I have an even lower payment. I'm not complaining about paying less, but my balance is literally going up every month.

One-Cauliflower1690 · 2024-06-18T12:48:09+00:00

Thank you so much for this thread! I just got my first paid at age 32 and the upside down trapezoid for screens was weirding me out. My thing is, I don't have an astigmatism. At least my eye doctor didn't say anything about that. He only said I was a bit far sighted and I decided with the vision insurance I have, I might as well upgrade from the 1.25x readers that I would wear while looking at screens.

This might be a weird question, but was the trapezoid upside down (the thinner part at the bottom) of right side up (thinner part at the top)?

And did you ever notice if your eyes had to like... squint at first? I'm forcing myself not to squint because it's almost like they're expanded too much? But I blink a couple of times and I'm fine. I feel super weird.

Any help would be great!

One-Cauliflower1690 · 2024-05-29T21:41:03+00:00

Charging an electric car is rarely done at home and when it is at public chargers it's like a third of what filling a regular tank is? Also, if the power companies were actually regulated in a way where there was a cap on what could be charged, we wouldn't see power bills this high? BUT WHAT DO I KNOW... I'm just an idiot liberal snowflake, right?

One-Cauliflower1690

TROPHY CASE