 Incease in credit score? |
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 I just got a CREDITCARD offer in the mail today with a 5,000 credit limit but i never ever had a credit card? |
| and my dad has several and he always told me to never get one because it will be diaster but i really need to pay my bills and my job sucks. Im a nurse aide so should i keep the credit card?????... |
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 Husband has done a runner and left me to deal with his debt? |
| My husband has done a runner to canada recently because he owes a huge amount of money in the UK. He has dual nationaility and his parents are over there so he has gone to live with them and get a ... |
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 Why do companies do credit checks before hiring someone? |
| I don't understand this. What purpose does it serve? You're trying to get a good job to build your credit back up. You;re applying for a job, not a bank loan. As long as you are otherwise ... |
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 What happens if my credit card bill has been sent to attorney for collection, and I still don't pay? |
| I have no money. We have had a very hard year. I cannot pay these bills. i have 2 credit cards turned over to an attorney and a hospital bill at collections. My credit is already shot, after ... |
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 Getting more credit cards help to keep a good credit record??? |
Hi i just want to know if the quantity of credit cards a person has, can help to improve his or her credit record?( i dont have my record low ok)
I have 2 already, but i would like to get ... |
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 Math Question. I borrowed $950 and want to repay the amount borrowed plus 10% interest over 19 equal payments |
can someone give me the total? Thanks!
Additional Details
I'm sorry, it would be bi-monthly. Can someone give me the formula? It's always good to learn something new. I ... |
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 How to rebuild my credit? |
I have excrusiatingly horrible credit. (Financial blows such as unemployment, medical and stupidity)
How can I work on rebuilding it? How long can I expect it to take before I have good ... |
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 Trying to buy a house with bad credit? Where to start? |
| My wife and I are loking to buy a house very soon. I have pretty bad credit (550) and tired of paying rent. I have a three year old and one on the way. The apartment arent big enough for the four ... |
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 I desperately need a payday loan of £750, I earn £14560 a year.? |
| Does anyone know any UK online companies that would accept me, or accept anyone? Preferably with a lower interest rate.... |
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 Credit Score ???? |
| there are three CRA'S if I get my score will they all be the same,if not do I need to get all three and go with the highest one. I 'm thinking about a new car and house financing for next ... |
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 Baclaycard debt sold to debt Collection company? |
hi jonny
I was owing Barclaycard about £3900 12 years ago. since woolwich PLC was purchased by Barclays ny details have now been passed to barclays. barclays has now sold my debt to a company ... |
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mrdinar07 | I got credit issues what to do!? |
Ok Im 25 now, in the past when I was in high school, I got 3 credit cards and maxed out, Since about 03 I havent paied on any of them, now they are charged off. I tried the whole CCC thing but it was a rip! I currently have 1 credit card with a limit of 500 which I pay off each month. My score is 573 and I wish to improve it, but I cant get anyone to loan me any amount of money, to improve my credit! I need sum suggestions on how to get my score up, I know it wont happen over night.
Additional Details
I also have 2 cars which were all paied in cash (by my parents) or I would buy a new car but I have a 07 and 06 already :(
I also have about 16k in student loans, should I pay them off? Or some of them.. A house is out of the question at the moment.
I also have a cell phone for the last 6 yrs never missed 1 payment. |
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Maggy G
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Get a debt consolidation loan. Home ownership isn't required, and you can comparison-shop using the website below |
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Debt Free!
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sell both cars and get something paid for that doesn't cost as much. pay off debt. |
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Big Larry
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Credit repair does not require the assistance of a service. You can take a number of steps to help repair your own credit.
Although there are numerous credit repair companies offering their services for a fee, savvy individuals can do their own credit repair with a few simple steps. The advertisements placed by credit repair services touting their experience, qualified personnel and other qualifications can make the process seem daunting but it is really quite simple.
The basic steps for do-it-yourself credit repair include:
Request a credit report from all of the three credit reporting agencies
Carefully review all of the information on the credit reports
Dispute any mistakes on your credit report and document every step of the dispute process
Devise a debt reduction strategy
Establish good credit strategies now and carry them into the future
The first step of do-it-yourself credit repair is to request a copy of your credit report from Equifax, Experian and Trans Union. These are the three major credit reporting agencies and individuals are entitled to one free credit report annually from each of these agencies. Requesting a report from each of the three agencies is important especially if you believe there may be a mistake on one of the reports. The information on all three reports will be similar but mistakes may only appear on one of the records.
Once the credit reports are acquired it is time to review all of the information carefully. Each item on the report should be examined and discrepancies should be noted. In reviewing this information, highlight anything that seems suspect and review your documentation to verify the validity of the item.
After compiling a list of mistakes, it is time to officially dispute any inaccuracies on the credit report. The dispute processes will most likely involve filling out a dispute form or writing a letter detailing the alleged mistake. In both cases documentation supporting the validity of the dispute will be required. For specific information on how to officially file a dispute, contact the credit reporting agency directly. Once the dispute process begins, document every aspect of the process. This is important because dispute resolution is a time sensitive process with specific guidelines for how quickly a dispute must be resolved. The agency may be required to remove a disputed item from a credit report if they do not respond in a timely fashion.
When a negative credit report is a result of a poor credit history and not mistakes, only time will properly repair the credit. The long term credit repair strategy for financial errors in judgment includes devising a debt reduction strategy which will demonstrate diligence and establishing sound credit strategies which will be viewed favorably in the future. Credit reporting agencies do not hold grudges. Credit lapses are removed from credit reports after set periods of time and a history of good credit is rewarded with a solid credit score. |
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Luis C
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PIGGYBACKING: Despite its' virtually
unlimited potential, piggybacking is
not used by nearly as many consumers as
it should be. It's easy, effective,
and extremely fast. Unfortunately,
it's mostly used among parents and
siblings while those who can really
benefit stay in the dark.
How it works. Almost every credit
card or credit account will allow the
primary account holder to add on (at a
later date) what's known as an
"Authorized User" or "Secondary Account
Holder". In most cases, when this is
done, the entire account history
(retroactively) gets posted to the
authorized users credit report
regardless of their current age or
credit history!
For example. If it's a credit card
with a $10,000 limit which has been
paid as agreed for the last 10 years,
then that complete history will be
posted to the authorized users' credit
report. I once saw a clients' credit
report who used this technique with his
mother. He was only 24 at the time and
he had a $15,000 Gold credit card on
his report with history going back 11
years! I laughed as I thought to
myself that this kid would have had to
be approved when he was 13 years old
for this account to be his!
As you can see, this strategy is
usually only used by parents and their
children and in most cases with no
regard to the benefits the children are
reaping credit wise! In fact, in
recent years, due to its'
effectiveness, this technique has led
individuals with excellent credit
scores to "rent out" authorized user
accounts on one or even multiple credit
cards in return for a fee! I once
recall seeing an ad in USA TODAY for
just such an opportunity. Like most
good credit loopholes, I'm sure this
methods' days are numbered much like
what may be the case with...
Terry Price is the founder of Consumer
Education Group which publishes the
Credit Secrets Bible (in print since
1994).
For more information on the CREDIT
SECRETS BIBLE you may visit:
http://gaby1221.niesong.hop.clickbank.net |
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Here I am
 |
One thing I have learned is that while its good to pay it off each month, it doesnt show them that you can make regular payments, which is what they want to see and of course they want the interest..try spreading your payments out instead, yeah it will cost ya a bit of interest but not so much on 500$...get something useful to establish more credit... a cell phone, gas card, new tires for your car, a gift for someone from a jewelry store where you can make payments, try some department stores that have their own cards... just work on it one step at a time..Ü |
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BillK
 |
Paying off all of your debts immeditely does not help you with improving your credit. Because you should lender that you are a good BORROWER. Your existing report shows lender that you pay your payments in full once you have money and you dont when you are financially in trouble. Therefore you are not a good borrower to a lender (you are risky and they dont make money out of you). So here some stuffs I suggest to do to polish your credit report and improve your credit:
1) Do not spend more than 1/3 of your limit. That's a rule. You said you have $500 credit limit. So do not spend more than $150 with your credit.
2) Do not pay your existing credit balance in full every month. Pay more than minimum payment but do not pay full. Say your minimum due is $10. I suggest you to pay like $50-$70 each month. Yes you should pay some interest but that's a price to improve your credit.
3) There are lots of articles here which you can find useful to boost your credit.
http://www.howtoestablishgoodcredit.com/Credit_Articles/index.php |
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marche g
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This is what you can do my friend. Use your own money, say 500 to 1000, go to your bank and get a secured loan against your own money. The bank will freeze your 500 or 1000 dollars and give you the amount you secured with them. You make payment on the loan as scheduled on time, do not pay off to soon , let it make it to your credit report as a account in good standing first. I did this last year with 2000.00, and it works. Talk to your bank about a secured loan. If I were you I'd sell one of the cars, get a secured loan and use to it buy another car, less expensive. You can take maybe 7 or 8 thousand buy a nice used car with the secured funds.. the beauty of this is when you make payments on the loan you are paying yourself back, because you financed yourself. After the loan is paid off you have a higher credit score and your money back off the loan.. Do you get it... It is a win win situation. |
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CuriousMind_A
 |
Dispose off one of your fully paid car to obtain a positive cash flow and with the sales proceed on hand, reduce your study loan and credit card payment systematically to get out of debt trap! Alternatively, save a percentage of your income each month to be put aside to reduce your debt liability. |
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charlesmks21@sbcglobal.net
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GOT TO A BUY HERE PAY HERE CAR LOT WHO EXCEPTS BAD CREDIT OR ANY CONDITION OF CREDIT NOTE YOU WILL PAY MORE A DEALERSHIP LIKE THIS BUT IF YOU MAKE ALL OF YOU PAYMENTS ON TIME OR A HEAD OF TIME YOU SCORE WILL RISE THEN WHEN YOU GET A BETTER CREDIT SCORE GO GET A LOAN FROM A BANK WITH ANY INTEREST RATE AND TAKE THE MONEY FROM THE LOAN AND PAY MOST OF IT OFF THEM MAKE THE PAYMENTS ON TIME ALONG WITH ALL OF YOUR OTHER BILLS THIS WILL COST YOU SOME MONEY BUT IT WILL SAVE YOU MONEY IN THE LONG RUN BY HAVING A BETTER CREDIT SCORE YOU WILL GET BETTER INTEREST RATES |
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khill
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Instead of paying off your student loans, try paying off your bad debts. They might even settle for much less than what you owe. Most people believe that if you just ignore them for 7 years, they will just fall off. That is not necessarily true. You should do the right thing and try to settle. You will be surprised at how much it will affect your score. |
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DrPepper
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It doesn't happen over night, but a becan score of 573 isn't all that bad. Most creditors won't accept a becan score of 520 or below. I think you're safe.
As to uping your score, have a car on loan, a house on loan, a few credit cards, a cell phone, all these things paid on time for the exact amount requesting, will bring your score up in about 6 months. |
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helpishere27
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573 is pretty good just make sure you paid your bills on time. go get a prepaid card that reports to the creit bureaus |
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