 Am I secretly the type of borrower creditors love? |
| I consume a lot and up to my armpits in debt. I always make my payments with the occasional late fee added on. I pay over 2000 in interest each month but I still get treated like a bytch by my ... |
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 Why can't I get a credit card? |
| I am 19 years old and a college student. I want to get a credit card to establish credit and to help later down the road in life (like a car or house). I don't have a job, but can pay for ... |
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 I'm thinking about filing for bankruptcy I maybe have about a little over $6000 in personal credit card debt |
| plus an auto loan I did for someone in 2002, my debt is more than my income. Does anyone know if it would make sense for me to file for such a small amount. I have already talk to a lawyer's ... |
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 I co-signed a car loan and now the friend went missing. I've made 3 of the car payments.? |
| I've got to get ahold of this car to sell or something. Once I find my "friend", how can I get the car away? Will the police help? Wondering what to do? I can't keep making these ... |
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 Can i sue a company that reported a $64,000 mortgage on my credit for 10 yrs that's not mine? |
| i have called the company but they have no record of me.its was reported from 1994-2003 now no one knows who made the ... |
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 Capital One refused me? |
| I was wondering. I applied for their CC a while ago and the letter stated the there is no info available or info missing from each of the credit agencies. Fair enough, I didn't have any credit. W... |
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 Do drug dealers accept credit cards? |
| Not everyone wants to use cash when they go buy there weekly stash of coke. Do drug dealers accept credit cards?... |
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 If i have £12,000 debt to credit cards. a £20,000 mortgage. And live in Scotland. Is going bankrubt an option? |
i don't want to lose my house. but don't want to spend next 3-4 years clearing C.card debt.(i'd like to reduce my mortgage instead.) thanks for any advice.
Additional Details<... |
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 Washington Mutual Credit card? |
| hello, I got a mail with a credit card offer from Washington Mutual Bank, got online and got approved for a Visa Platinum with a $500.00 credit line. From what I've read it's a good card ... |
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 Can i have credit card of ICICI bank without opening account in the bank..? |
If yes, Does i need to have some security deposit..
If yes,, how much..... |
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 Are credit cards even necessary? |
| Do I need one? Why should I get one? Do I need one to buy a car? Can't I just save up? I have a savings account right now. Soon I will be getting a student checking account. I think I would ... |
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 Is it possible with somone with really bad credit to fincance/buy a new home? |
| Past bad credit due to divorce and other negative situations..now situation is better, good, stable job.... |
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 Is it true using more than 30% of your credit limit is bad? |
I heard this will affect something called your utilization rate and result in bad credit.
I have a $500 dollar limit on my capitalone card... How am I supposed to use only $150 a month? T... |
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 Do credit card companies ever give up on collecting money you owe them? |
| My son kept getting offers from different companies and he signed up and was given a liberal credit limit. He had a good job at the time, but has been laid off now and can't pay even the minimum.... |
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 I have over $ 10,000 in credit card debt. Should I consolidate,bankruptcy or cash in my Ira and pay it off? |
| I do not own a home so would have to use a debit consolidation company. I have just enough in my IRA to pay it all off. I can only afford to payy about $250 a month toward the debt. . What are the ... |
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 Im trying to find a credit card I can get approved for? |
| I have NO credit, and want to get approved for a non secured credit card. Is there anyone that has been in a simular situation and found a card that they can get approved for?... |
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 How can you tell if something is a con? |
| I got an email saying that they were looking for people to play parts in movies. When I got to the website, they wanted my credit card information for an activation fee.... |
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 HOW do i Endorse my check? |
| I got a 4k check. I deposited it, and they said I have to endorse it? Do I just sign in that box, do I have to leave my account number? Why didn't they care before when i deposited 1k in my ... |
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sherell212004 | I started out early in life no knowing how important good credit was.Can I ever recover from bad credit? |
In my twenties I got things on credit and really didn't care if they were paid or not.Now that I'm in my late thirties I feel the need to improve and really have things that I need.I was very irresponsible and have now grown up. |
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littlebit
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Concentrate on the credit you will need to pay off. Especially if you are trying to get a house. It will be helpful if your credit score is at least 600 or higher. Hope this help?
LC |
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Blond Logic
 |
Yes - you can recover - but you have to want to! Cancel all your credit cards and get a debit card on your checking account. Use that only - for the time being. Credit cards - always make the payment early! and add more to the payment than what is minimum. Main idea - get rid of credit card bills! If you have huge cr cd bills go to a credit councelor. They can usually get you a hugh reduction on the interest.
When you get to the point you can "breathe" get a deposit credit card - and pay it off totally every month! Then - after 3 years - buy a house. Lots of programs available for that.
Last but deffinately not least - Believe in yourself that you can turn everything around! Good Luck! |
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cryptic_asian30
 |
I had the same dilemma a few years ago and got out of it. Start by setting a goal. increase your credit payment by 10% each month for example.
You will soon realize that by simply adding a few dollars a month will solve your credit problems. |
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sabertoothmonster
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Absolutely. My divorce was finalized 18 months ago. I got really screwed and my credit went from excellent to a fico of 472. 18 months later my credit score is now 680. You must get your credit report from all 3 bureaus. Go over each line item with intense scrutiny. You can dispute any errors with the bureau by sending a letter to them. They have 30 days by law to investigate and make changes. I dropped $38,000 in debt ratio from my report by items that were reported incorrectly or not even in my name.
Importantly for you, most negative info can not be reported after seven years by law. You can have it removed. Bankruptcies can stay for up to 10 years.
Any questions contact me at sabertoothmonster@yahoo.com |
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oldsoftee2001
|
it takes time and good habits to fix bad credit.
live within your budget. pay all your bills on time and set aside some money for emergencies
close all high interest credit cards with a zero balance.
get a copy of your credit report to see where the problems are.
pay off all credit cards you have one at a time (starting with the one that charges the most) and close them with a zero balance
repeat this until you are down to one credit card with a zero balance and use it for necessities and pay the bill in full each month.
write letters to the companies you have problems with to see what you can do to rectify the problem.
you may need to get a lawyer involved to remove some black marks from your credit report. |
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welltraveledprog
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time cures all -- almost all of the bad stuff will be gone from your credit record in 7 years (usually 9 years for judgements). In the meantime, get a few credit accounts from places that will let you with your poor credit, such as department store cards, and use them responsibly: buy things you need to buy anyway, then pay off the balance at the end of the month. Don't run up a large balance that you pay off over time. As bad things start to drop off your credit report, the good stuff will start to outweigh the bad stuff, and you'll be more able to get credit. SAVE for the things you need that you don't have money for rather than buy them on credit, except for possibly cars and houses. It'll get better in just a couple of years, and in 7 years or so you could have excellent credit. |
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Iron Rider
 |
it takes 5 years of good borrowing habits. |
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MadforMAC
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Sure took you a long time to grow up! Lol : )
But seriously, yes, you can always imporve your credit. First, you need to begin to pay off the cards. Call them, tell them you are in debt and want to make things right. You need them to lower the minimum amount and pay that every month. If they won't, pay it on time, never missing a payment until you are finished.
Cut up those cards! You really only need one good card. Contact the companies you have paid off and tell them you are closing the account (that is how it should show on your credit report), send them a letter as a follow up to that phone call.
See Suze Orman's books about debt, wealth, finances etc., she is really good. "The Road To Wealth" explains a lot. She also has a website. |
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James H
 |
A good guide is here. |
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colonel
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forget it mate once you are reported to credit agencies even if u earn a mil a year as far as creditors are concerned you are a risk that is capitalism for you at its best rich will get richer you will get poorer you are only as good as your next payment |
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♥--->{Shauntee}<---♥
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I am doing it now.....it takes time and patience.
Lots of money being paid on time or early |
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