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Credit Card Debt Collection issues with overdue or defaulted credit card debt.

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Old 06-22-2009, 11:11 AM
vvbobben vvbobben is offline
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Default Credit/Personal Loan Debt
My question involves collection proceedings in the State of: OHIO

I have taken personal bank here in usa and i am going to leave the country as i could not get a job here, I have been jobless for 6 months. I dont have enough money to survive further. My question is the bank which i took loan is there in my country will they try to get money from there. I took the money for some medical reasons
I have payed all the money i have and even i am paying my monthly payment as of now.
Please let me know they can come and collect from me when i am in another country. Also i am not planning to return to usa at all
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Old 06-22-2009, 11:54 AM
Antigone Antigone is offline
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Default Re: Credit/Personal Loan Debt
Quoting vvbobben
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My question involves collection proceedings in the State of: OHIO

I have taken personal bank here in usa and i am going to leave the country as i could not get a job here, I have been jobless for 6 months. I dont have enough money to survive further. My question is the bank which i took loan is there in my country will they try to get money from there. I took the money for some medical reasons
I have payed all the money i have and even i am paying my monthly payment as of now.
Please let me know they can come and collect from me when i am in another country. Also i am not planning to return to usa at all
From my countrymen to you ~ thanks a bunch
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Old 06-24-2009, 04:53 PM
Antigone Antigone is offline
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Default Re: Credit/Personal Loan Debt
Quoting BeniaminHero
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Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation.
Gee thanks Ben...nice info to know
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Old 06-24-2009, 05:08 PM
divemedic divemedic is offline
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Default Re: Credit/Personal Loan Debt
This is nothing new- it is called "sub prime lending" and is one of the reasons why we got into this mess in the first place.
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