How Do We Use The Law To Help You
We will use state and federal laws to immediately stop Monroe and Mains debt collection. We will send a cease-and-desist letter to stop the harassment today, and if Monroe and Main violates the FDCPA, EFTA, FCRA, or any state law, you may be entitled to money damages. For example, under the FDCPA, you may receive up to $1,000 in damages plus actual damages. The FDCPA also has a fee-shift provision, which means the debt collector will pay your attorneys fees and costs. If you have a TCPA case against the agency, we will handle it based on a contingency fee and you wont pay us a dime unless you win.
THATS NOT ALL
We have helped thousands of consumers stop phone calls. We know how to stop the harassment and get you money damages. Once again: you will not pay us a dime for our services. We will help you based on a fee-shift provision and/or contingency fee, and the debt collector will pay your attorneys fees and costs.
Swiss Colony Deceptive Credit Practices
I opened an account with Swiss Colony back in December of 2012. I have a fraud alert on my credit file so they contacted me, no problem. Account was then opened, I was given a credit limit, and have placed and received orders for the last 6 months. Last order I placed was in May and, received it without a problem. A few days before Father’s Day I wanted some items so I placed another order. I only have like a $30 balance left and plenty of available credit. I was placing an order close to $50. I ordered it express since it was within their cutoff time to receive by the Saturday before Father’s Day. By Saturday night the order had still not shipped and come Monday, I finally remembered again so I just went on to my account and cancelled the order.
So, now that I have given you this long story, lol, what do you think? I think they are conducting shady credit practices because I did not authorize them to pull my credit again, nor does it state in their terms. I have read their terms fully. Of course, I want these hits removed from my report. I am going to pay off the $30 I owe and make sure this account is closed.
This is the link to picture of the letter since I can’t seem to get the pic inserted here for some reason.
How To Apply For Monroe & Main Credit
Applying for Monroe & Main Credit is a bit different from applying for a traditional credit card.
You should receive an update on whether you qualify for the credit line within 24 hours.
What credit score do I need for Monroe & Main Credit
As a store line of credit, you can apply with a credit score as low as a Poor rating of 300. A low credit score however will likely limit the maximum credit limit of your account.
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What Does It Mean To Be Invisible
If you are invisible to the financial system, it means there is not enough information about you on your financial track record. Itâs known as having a âthinâ or no credit file. This usually means that either you have very few credit accounts, havenât used credit for a long time or have never used it at all.
As a result, people can find themselves unable to access things like mortgages, loans, and mobile phone contracts, or face paying higher costs than others.
Some people with thin credit files may also have problems accessing crucial public services. This is because some organisations use online identity verification checkers based on your credit report, and struggle to prove who you are if you have little or no .
Will Not Admit Or Fix Mistakes With Payments To Your Account
JUST AN UPDATE: since I am still paying these ppl off, just wanted to add that as of today, they still have not acknowledged or posted my payment for this month and my bank sends payment electronically and payment arrived on the 12th according to my bank. They received last month’s payment and posted it correctly, but as of today they claim they haven’t gotten it. They only accept faxes or regular mail, not emails with screen shots. Only company I know of that isn’t in this century. I opened this account as a way to build my credit back up. At first everything was fine. Then in Nov and Dec of 2020, the payments that I made, the way I had been making them, were not applied to my account. The only reason I gave 2 * is because their customer service ppl are nice. Credit Department is rude,, and even though you Prove by bank statements etc that you did in fact pay, they REFUSE to admit or fix their mistake. They ruined my credit, it’s worse now than when i started. The faxes I sent at the beginning of the year? 5 in total. They never got. So they say even though I have confirmation. I paid on my account thru them for Jan and Feb but it takes 5 to 7 days for them to process the payment. I will say it again. DO NOT UNDER ANY CIRCUMSTANCES BUY OR ACCEPT CREDIT FROM THIS COMPANY!
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Understanding Your Credit Report
Read your report carefully, making a note of anything you do not understand. The credit bureau is required by law to provide trained personnel to explain it to you. If accounts are identified by code number, or if there is a creditor listed on the report that you do not recognize, ask the credit bureau to supply you with the name and location of the creditor so you can ascertain if you do indeed hold an account with that creditor.
If the report includes accounts that you do not believe are yours, it is extremely important to find out why they are listed on your report. It is possible they are the accounts of a relative or someone with a name similar to yours. Less likely, but more importantly, someone may have used your credit information to apply for credit in your name. This type of fraud can cause a great deal of damage to your credit report, so investigate the unknown account as thoroughly as possible.
It is vital that you understand every piece of information on your credit report in order that you be able to identify possible errors or omissions.
Why Should I Get A Copy Of My Report
Getting your credit report can help protect your credit history from mistakes, errors, or signs of identity theft.
Check to be sure the information is accurate, complete, and up-to-date. Consider doing this at least once a year. Be sure to check before you apply for credit, a loan, insurance, or a job. If you find mistakes on your credit report, contact the credit bureaus and the business that supplied the information to get the mistakes removed from your report.
Check to help spot identity theft. Mistakes on your credit report might be a sign of identity theft. Once identity thieves steal your personal information information like, your name, date of birth, address, credit card or bank account, Social Security, or medical insurance account numbers they can drain your bank account, run up charges on your credit cards, get new credit cards in your name, open a phone, cable, or other utility account in your name, steal your tax refund, use your health insurance to get medical care, or pretend to be you if they are arrested.
Identity theft can damage your credit with unpaid bills and past due accounts. If you think someone might be misusing your personal information, go to IdentityTheft.gov to report it and get a personalized recovery plan.
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General Product And Service Questions
How are credit unions different from banks?
How can I reorder checks?
MCCU partners with Harland Clarke to provide checks to our members. To place a check order, you will need MCCUs routing number and your personal account number before clicking here.
What online/electronic services do you offer?
We offer many great electronic services! Among others, we offer: online banking, an online loan application, MCCU Mobile , MCCU Card Control app for our credit card holders, eStatements, bill pay, A2A transfers, automatic transfers, and the ability to open secondary accounts and CDs through our online banking platform!
What type of savings accounts do you offer?
We offer a couple of different savings accounts to help you accomplish your goals!
Does the credit union offer bill pay?
Yes! Our Bill Pay service is free and is accessible through Online Banking.
What is an Automatic Fund Transfer ?
An AFT allows you to automatically transfer funds within your MCCU account, schedule loan payments. or send funds to another MCCU member. To set up an AFT within your account, you can do so in your online banking account, by giving us a call, or by submitting an online request. If you would like to transfer funds to another account, you will need that person’s account number.
Do you accept utility payments?
No, we do not accept any utility payments.
Do you offer business accounts?
MCCU offers banking solutions that are best suited for small businesses. Give us a call to find out more!
Should I Order Reports From All Three Credit Bureaus At The Same Time
You can order free reports at the same time, or you can stagger your requests throughout the year. Some financial advisors say staggering your requests during a 12-month period may be a good way to keep an eye on the accuracy and completeness of the information in your reports. Because each credit bureau gets its information from different sources, the information in your report from one credit bureau may not reflect all, or the same, information in your reports from the other two credit bureaus.
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Can I Get My Report In Braille Large Print Or Audio Format
Yes, your free annual credit report are available in Braille, large print or audio format. It takes about three weeks to get your credit reports in these formats. If you are deaf or hard of hearing, access the AnnualCreditReport.com TDD service: call 7-1-1 and refer the Relay Operator to 1-800-821-7232. If you are visually impaired, you can ask for your free annual credit reports in Braille, large print, or audio formats.
Monroe And Main Lawsuits
If you want to know just how unhappy consumers are with Monroe and Main, take a look at the number of complaints consumers have made online. Nowadays, most original creditors, credit card companies, etc. have arbitration clauses, which means that if you have a complaint against that company, you must file your claim in arbitration. Arbitration limits discovery, is not public, has a limited appellate process, and, most importantly, is funded primarily by banks and big businesses. While it can be difficult to get a fair chance in arbitration, the good news is we have filed hundreds of credit harassment cases in arbitration, and we know how to aggressively fight these cases against the big banks and businesses even when arbitration is necessary.
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Fair Credit Reporting Act
This federal law was passed in 1970 to give consumers easier access to, and more information about, their credit files. The Fair Credit Reporting Act gives you the right to find out the information in your credit file, to dispute information you believe inaccurate or incomplete, and to find out who has seen your credit report in the past six months.
Why Your Application Is Pending Or In Review
Goldman Sachs might need more time to review some applications, or request more information to verify your identity. After you apply, you are shown a message in Wallet app that will indicate your application is in review. Updates regarding your Apple Card application will be sent to the primary email address associated with your Apple ID.
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How Credit Scores Are Determined
Information found in your credit report is used to determine your credit scores, which might include the following:
- Your history of debt payments
- Hard inquiries6 on your credit score from new credit applications
- The amount of debt you currently have on your credit accounts
- The age of your credit accounts
- The amount and type of loan accounts you have open
- The percentage of available credit you’ve utilized
- If and when you had a foreclosure, declared bankruptcy, or had debt sent to collections
It’s common to see varying credit scores when you look at different sources. Credit Karma and other services might display different credit scores, like TransUnion VantageScore, which is different from the TransUnion FICO score that’s used for your Apple Card application. Your credit report and the timing of when your credit score is updated can affect your credit score.
For information about credit scores from TransUnion, please click here.
Does Montgomery Ward Report To The Cras Now
Hi all,
I received a catalog in the mail the other day from Montgomery Ward telling me that I’m “Pre-Approved” and offering me 20% off all products for a full year if I sign up for their optional membership program that has a $39.95 annual fee. Now, the little card inside the catalog with my name and account # on it shows that I’ve been a cardholder since 2007, which is true…but when I realized that they didn’t report to the credit bureaus I simply paid them off and never used them again.
FFW a couple of years and now that I’m diligently working on raising my scores, I’m considering using this account again, but only if it’s going to show up on my CRs. I wonder if that’s what this whole new “membership” deal is about.
Since the account was originally opened 3 years ago, I don’t foresee a problem with it reporting as a new account.
Does anyone have any knowledge of how they work now? Thanks, in advance, for any advice.
EX: 661, EQ: 662, TU: 694EX: 665, EQ: 680, TU: 710EX: 750+, EQ: 750+, TU: 750+
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How Your Initial Credit Limit Is Determined
To determine your initial credit limit, Goldman Sachs uses your income and the minimum payment amounts associated with your existing debt to assess your ability to pay.
In addition, Goldman Sachs uses many of the same factors that are used to assess whether your application is approved or declined, including your credit score and the amount of credit you utilize on your existing credit lines.
Learn how you can request a credit limit increase.
How Often Can I Get A Free Report
Federal law gives you the right to get a free copy of your credit report every 12 months. Through the pandemic, everyone in the U.S. can get a free credit report each week from all three national credit bureaus at AnnualCreditReport.com.
Also, everyone in the U.S. can get six free credit reports per year through 2026 by visiting the Equifax website or by calling 1-866-349-5191. Thats in addition to the one free Equifax report you can get at AnnualCreditReport.com.
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Finance Company Credit Cards
Many systems actually score against people with one or more finance company accounts on their credit reports, since it appears to them that you had a hard time getting credit from traditional sources.
There is a difference between “captive” finance tradelines and “regular” finance trade-lines. Captive finance tradelines are offered through auto financing sources such as GMAC or Ford Credit and are generally not considered negative.
What If Monroe And Main Is On My Credit Report
Based on our experience, some debt collectors may credit-report, which means one may mark your credit report with the debt they are trying to collect. In addition to or instead of the debt collector, the original creditor may also be on your credit report in a separate entry, and its important to properly identify these entities because you will want both to update your credit report if or when you pay off the debt.
THE GOOD NEWS IS
If Monroe and Main is on your credit report, we can help you dispute it. Mistakes on your credit report can be very costly: along with causing you to pay higher interest rates, you may be denied credit, insurance, a rental home, a loan, or even a job because of these mistakes. Some mistakes may include someone elses information on your credit report, inaccurate public records, stale collection accounts, or even being a victim of identity theft. If you have a mistake on your credit report, there is a process to dispute it, and my office will help you obtain your credit report and dispute any inaccurate information.
REMEMBER
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Re: Does Montgomery Ward Report To The Cras Now
Well, I don’t think they have any actual brick and mortar stores anymore. It seems to be strictly an online/catalog company now.
I went onto their website today and read their “Credit Terms effective July 1, 2010.” There’s quite a bit of verbiage about credit reporting: “You agree to give us permission to access your credit report in connection with any transacation…extension of credit…for the purpose of reviewing your account…etc.” And, then, at the bottom of that same paragraph it says: “If you think we reported incorrect information to a credit bureau, write us at…”
So, I guess that answers my original question.
EX: 661, EQ: 662, TU: 694EX: 665, EQ: 680, TU: 710EX: 750+, EQ: 750+, TU: 750+
wrote:
No they are not the same company as the Old Montgomery Wards. Its an online catalog company that resurected the name thats owned by Swiss Colony . They do give credit lines, but DO NOT report positive history. The only way they report is when you dont pay them.
Well, I guess I took too long to post once again. Sorry I didn’t check to see if anyone else had replied first.
That’s the problem I had with them a couple of years ago…but these new terms that I just read seem to imply that they do report now. Do you have a current account with them?
EX: 661, EQ: 662, TU: 694EX: 665, EQ: 680, TU: 710EX: 750+, EQ: 750+, TU: 750+