On 1/29/06, Anthony DiPierro <wikilegal(a)inbox.org> wrote:
Can someone really "run up a big bill and leave
you with it"? I
thought your authorization was needed in order to enter into a loan.
But they got 'your' authorization.
IOW, I thought that while the credit reporting
agencies might report
the outstanding loan, no court would actually attempt to enforce such
a loan.
Straightening out your credit rating can occassionally be difficult,
but the vast majority of the time it's actually quite straightforward.
Actually getting a bank to "forgive" a debt on the other hand...
The challenge can be convincing them it wasn't you... once you've done
that it's just a matter of getting people to apply some common sense.