Bad Credit Repair

Bad Credit Repair questions and answers

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Q: Can you really repair 'bad credit' on your own, ? How?
A friend has some late payments and some old credit card bills as well as an incorrect item on her credit. How can this be repaired. She does not have the funds for an attorney and those companies that claim to "repair bad credit" are sometimes a scam. Help me to help her.

A: You are the ONLY one who can repair bad credit. Pay bills on time! Pay back outstandings. Don't file bankruptcy. Don't have a lot of available credit. Be fiscally conservative. -MM

Q: How can i find best forums with high pr sites with key words credit repair bad credit credit score ?
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A: This blog has links to some good advice! http://700tobe.blogspot.com/

Q: Does anyone know where I can get a bad credit report repair?
My wife got very sick and we lost half of our income. My bills got behind so my credit score suffered. She is going to need a lot of medical equipment and I need good credit to buy it. I have heard of bad credit report repair firms, but don't know of any.

A: I had great luck with these guys. My fico score went from 580 to 720 in 10 months. I had a great job and lost it so I could not keep up with my payments so my credit score suffered. There are a lot of people who say that this do not work, but for me with these guys it did. Good luck, I know how hard this can be on a family.

Q: What is the best credit cardfor a young person looking to repair bad credit?
I'm young (19) and have had some credit problems: medical bills, and also bills that didn't reach me when I moved, so they were late. I'm on stable financial ground now and have heard that a credit card is a good way to repair my history- if I use it sensibly and pay it off every month. What is the best card for someone like me to get, and why?

A: Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - credit-report-free.totalh.com

Q: Looking to repair bad credit so I can start up my own business.?
I have a terrible credit score. I owe money to 3 companies, but 2 of them are not even in existence anymore. The last is an old credit card bill. Now, I realize i need to pay these things off to help with my credit. After I do that though, how do I get my credit up? Obviously I'm not going to be able to get a credit card, so how else can I quickly start to repair my credit?

A: You need to pull all 3 credit reports and see exactly what you have to work with. Find out your scores and just how many negative listings you have. Start by disputing all the negatives on your report. Those 2 companies that are no longer in business obviously will not reply to a dispute investigation so they will be removed automatically. Then you can work out pay to delete agreements with the rest. After that, time to start adding new credit. Check out this link below, as it has lots of good information that you can use. Note that I am not affiliated with this site, just passing along good information. http://www.creditinfocenter.com/rebuild/ Kat - Again, it is perfectly legal to dispute anything on your credit report, even if you know it is legitimate.

Q: trying to repair bad credit. need a major credit card approval to start building.any suggestions?
i've never had a credit card before, but have been told if i establish good credit with a card company it will begin to repair my bad credit.my bank declined to give me their in-house visa. are there any companies willing to help me?

A: ORchard Bank a good website?cmd_Redirect=HomePage Also, a good resource is... http://www.safelinked.info/jump.php?link=debt Best of luck.

Q: what's the best credit card to help repair my bad credit?
I'm recently working on getting divorced & my credit was badly damaged because of that. My bank is working with me to help me recover, but I am looking for a basic credit card, not necessairily a large line of credit, and one with REASONABLE fees and interest rates. Also, looking for credit repair services that really work and that areasonably priced.

A: I would to have to say honestly that I wouldn't do that if I were you. I would not go in that direction. I wouldn't want to be in your shoes when the bill comes in for that credit card(s) start coming in cause in the long run you will have you self A NICE BIG FAT HOLE DUG AND it will take a long time to dig your way out, and then it will take you a much longer time to really get any kind of credit and NOT JUST WITH A BANK . My husband & I did it once with a gas card thought we were smart . In the long haul of it all it took forever to pay it off cause IT'S LIKE HAVING ONE OF THOSE REVOLVING accounts & when the bill arrives, IT COME IN WITH LARGE FEES AND percentages attached TO THEM too !! It may take awhile to rebuild your credit with you being single but you would be better off waiting awhile than to put yourself into that kind of debit especially with a divorce and all. BE PATIENT AND WAIT THAT'S MY ADVICE. I DON'T BELIEVE YOU would be very happy if you put yourself in that kind of debt !!

Q: How can i repair my bad credit fast?
I have bad credit, even a car repo, how can i repair it fast & how fast, with small monthly payments? I doesnt matter if its non-profit or not as long as i could do it fast and pay less.

A: Contrary to popular myth, legitimate credit repair DOES exist. However, there are more scam credit repair companies out there than there are legitimate ones, so do your due dilligence. Below is an article I wrote some time ago about how to tell the difference. Please read it. I've bookmarked this site... http://www.safelinked.info/jump.php?link=debt All the best to you.

Q: How long does it take to repair bad credit?
I was always on time with paying my bills and had perfect credit up until a year ago, I was laid off work and couldn't cope with the bills..my credit now is very poor and I'm finally settled again where i can start paying again but all my credit cards are on collections and i'm wondering how long would it take me to restore my credit back, I'm planning to consolidate them all in one and i'm going to be paying them off in about a few months but i'm really concerned with how long it'll take me to have my credit back to 729, right not is 451.

A: If you are planning on paying the collections "without" validating and "without" requesting pay for delete, then it probably will take as long as the previous posters have stated. If you: Send validation letters to the collection agency's. Dispute the trade lines they have placed on your reports with the credit bureaus. Send a request to pay for delete to the collection agency's, You may see quite a few of them drop off of your reports fairly fast after payment. Sometimes though, it seems like at least one has to stick and take a little extra work. I would suggest going to the site I've listed and start reading in the newbie forum. Then do some reading in the credit forum. Learn more about validation and pay for delete with collectors and disputing with the bureaus. After you have done some reading and you have any questions, feel free to ask them in the credit forum. The credit forum is also a great place for information on rebuilding your credit. It is a free site. 'Everything' on there is free to read and use

Q: How can I repair bad credit and pay off my debts without going bankrupt?
I am overwhelmed with credit card debt, student loan debt and monthly bills! Help!

A: www.creditsolutions.com

Q: I have horrible credit. How can I repair bad credit?
I have horrible credit. I have credit cards that are not even delinquent anymore, but written off. I don't even want to know what my credit score is. My credit is so bad, that I can not get a cell phone without a deposit . I even have my home phone number unlisted so the debt collectors won't bother me all day. Does anyone have any suggestions on how I can repair bad credit? Most of my stuff has already been written off, but there are a few things current still that I'm trying to clean up. I hear they can still collect on write offs too. Please help me! I need to fix my bad credit re-establish good credit!

A: Having bad credit can be frustrating because it is a slow and sometimes a difficult process to fix. However, if you have some patients and some know how, it will make it much easier to get your credit back on track. Here are some basic steps to fix bad credit. First, make sure all the information on your credit report is accurate. Second, try to pay off all or any accounts that are currently in collections or make payment arrangements with the creditor to pay off the balance monthly. Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is over 50% of your total credit line. Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.

Q: How do you repair bad credit rating?
Over the last few months my credit rating seemed to have sunk to that point ... however things are picking up now and looking pretty good financially but my credit is negative. So how do i go about rebuilding that rating so its back in the clear?

A: provide your new info to the credit rating company

Q: How to repair bad credit?
If someone has bad credit how do you repair it?

A: First, pay off or catch up all past due collection accounts and any revolving accounts you do still have out, make sure you make your payments on time. Second, if you have no credit cards that you are paying on, get one. This will help you offset any older accounts that were paid late and help you rebuild your credit. I have found a site for you below that has a list of both secured and unsecured credit cards for people with bad credit. This should help you out.

Q: What is the best way to repair a bad credit score and bankrupt?
My fiance and I are working on trying to repair his credit. We will be married this fall. In the next 2 or 3 years we would like to buy a house. He has filed chapter 13 and 10. He was paying on them in the past and stopped. He wants to repair his credit so we will both have good scores to purchase a new house. Where do we start? what do we need to do? About how long will it take?

A: Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - creditreport.undonet.com

Q: What is the best way to repair your bad credit ?
My balance is not that high but it is in collection probably the most is 1500-2000 from olddd credit cards .. but how do i get the information to pay off these balances now ... i need help to repair my credit but those councelors are not much help either .. how can i do it myself ?

A: Well, first you want to gather all your credit reports from all 3 agencies. Truecredit is a good site to pull from all 3 agencies. You can do a free trial, and then it's $14.95 after that. I've gotten a tri-merged report, which is a report from all 3 bureaus, and I was able to get the information of who's holding the debt, but their telephone number and address. This way you can get recent reports and continue to monitor your credit at an affordable price. Once you're able to get the information you need about the debts, you should determine how old the debts are before you go and settle. If it's closer to 7½ years, you might as well wait and let the Fair Credit Reporting Act do its thing and they'll stop reporting, however if they're 5 years or less, then you may need to take action. And what I mean by that is to negotiatng a payment in exchange for getting them removed from your report alltogether. What you might want to know before you try to contact the collectors, is that credit card debt or Open accounts have a statute of limitations. What this means is that the collector has a set period of time according to the laws of the state that it was open to pursue the debt in court. So for example, if you live in California, the statute of limitations would be 4 years. After that a collector would not have any legal right to the debt even though they would still try to take you to court for this. The first link I posted lists all the states and the statute of limitations. Chances are, if these debts are old like you say they are, the statute may have expired and you may be able to settle for much less in exchange for getting them removed from your report. The next 4 links I'm posting gives you more detailed instructions on how to get this done. http://www.creditinfocenter.com/debt/settle_debts.shtml http://www.creditinfocenter.com/debt/neg_rating_after_settle.shtml http://www.creditinfocenter.com/debt/CanCreditorSue4SettlementDifferences.shtml http://www.creditinfocenter.com/debt/ActualDebtSuccesses.shtml There's a lot of information on here, but I'm confident that the links I posted will be more than helpful to you. Thanks for reading and good luck