 How do I rebuild credit after a bankruptcy with a credit card? |
| I had a bankruptcy three years ago, I need to rebuild credit with a card but have heard a lot of different opinions as how to do it. Secured or unsecured? How much of a percentage do you charge? and ... |
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 What credit card can I get that has a 10,000 limit? |
Additional Details
I have excellent credit, I just have only had one credit card that was a 500 ... |
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 Im in a debt management plan but have fell behind.? |
| im really tempted to just stop paying it all together i only owe about 2 grand and my credit rating cant get any worse so im not worried about any ccjs they might put against me? what will happen if ... |
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 Please help!!? |
| ok i have not so good credit, i have no bank account and i hate those pre paid cards oh and them ones that send you a card but its only for there catalog and you gotta pay this before you can even ... |
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| Are there any credit cards available for 17 year old college students? |
| i got a debit card when i was 15 since i was a college student. now that i will be moving out soon, i want to get a credit card to build up my credit. i know that most credit card companies require ... |
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 Can my 80 year old mother, who is on a fixed income, just stop paying her credit card debt? |
| She has about $20,000.00 in credit card debt. Most of the debt is medical related (prescription co-pays, deductibles), and some of the debt is very old.... |
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 Cant pay my auto loan, bank won't help.? |
| I am struggling to pay a financed vehicle, it is now 2 months behind on payment. I called the bank(Wells Fargo) and asked them what my options were like if I could pay a small amount or something.. ... |
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 Should I work something out whith the Credit company, or let it go to a collection agency? |
| My credit is on shaky ground as it is. My boyfriend thinks that I should just let it go into collections, but I feel like I should work something out with the creditor. I think he's worried ... |
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 My mom used my social security number and i dont know if it will affect me? |
my mom and i applied for a credit account at macys AND victorias secret. the accounts were approved. howeve i am scared if it can affect any of us
Additional Details
i am 16 years old... ... |
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 How do you remove a bad credit from your credit report after paying it off? |
I have a credit card that has given me bad credit since 6 years ago. It has accumulated more finance charges since then and has been sent to a attorney.
I would like to pay it off (or settle), ... |
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 New credit card but no pin yet ! How do i go shopping? |
help!
Additional Details
YOU DO NEED A PIN FOR THE NEW CHIPPED ONES... |
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 If paying off collection accounts wont raise my credit score should I even bother paying them? |
| I need to buy a home fast. I am a first time home buyer with a fico score of 620. I have 5,000 for a downpayment. I owe a few thousand in old collection accounts which are on my report. None of ... |
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 Repossession...Now what? |
| 10 years ago I bought a mobile home for 49,000. I lived there with my daughter for 7 years. 3 years ago, I married a wonderful man, and moved into his home. For the last 3 years, I have rented my ... |
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| Hi im 15 im in debt for some pop-up? |
| http://microbillsys.com/ dats the copanny what can i ... |
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 Why is it so hard to achieve credit? |
| Being young, and without credit, really hinders any financial siduation.... |
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yahkid911 | Should I go bankrupt? 23years old.? |
I'm 23, and I have about 30k in credit card debt. Is going bankrupt an okay thing for me to do you think? I'm young, so I'm not sure. I have plenty of time to rebuild my credit fresh start right? |
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Mrs Bond
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Are you on any type of benefits as that would effect the payments. I would advise you contact Pay plan, national debt helpline, CCCS or even for free advise go to http://www.consumeractiongroup.co.uk and contact The GodMother.
All help from all of the above mentioned places is free.
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Judy
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If you have to go ahead.
But you will have troubles such as:
Getting a job - employers do not like hiring irresponsible people.
Paying much more for car insurance - yes, they run a credit check.
Getting an apartment - with that big of a ding, you may have to pay 4 months in advance rent just to move in.
Of course, you will have to live without credit for about 8 to 10 years until you can clear this off all your reports. Lots of work. |
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Joe the Ice Cold Eskimo
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Wow, where did you learn your thinking..
Lets cover a "fresh start" first of all, it will take 10 plus years just for the BK to go off your record. After that, it will take 5 years to get your score back up into the 700+ area. Please ask yourself this, are you really willing NOT to buy a car or a house for 10-15 years? Yes you could buy a car again when your 28 or so, but your interest rates will be in the 25% range. A payment on a Geo Metro would be $500 a month, your car insurance will be high risk. Also, forget about buying a house without 50,000 or 100,000 down payment.
Some people are talking about consumer credit consoling, using them is looked at the same way as going BK..
You have a long uphill battle here. Try and figure a way to pay down your current debt, somehow, get 2 or 3 jobs..
Here is the big bummer, women are not attracted to guy with credit problems... |
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ashley_mklady1225
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get to a credit advisor STAT...I filed at age 21 (4 years ago) and it was the biggest regret I have...I had no choice as mine was because of medical debt and not having health insurance...but go thru a credit advisor 1st and see what options you have...i'm still not even close to rebuilding my credit after 4 years of many good standing accounts...
good luck, and tear up those credit cards |
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jamesdettrey
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If you don't have to file than DON'T if you can find a way around it that's what you want to do.Have you tried consumer credit counseling? This is a very good source for helping you pay back the debt you have created they can negotiate lower rates and sometimes even lower your debt. |
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Nebraska Born and Raised
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There isn't really a "fresh start" with filing bankrupcty. About 2 years ago my aunt filed and it cost her almost $10,000 just to file, and she had about the same amount of debt as you. Now she can't even rent a house and lives with my 76 year old grandmother. |
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Sharon T
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As long as you have no ethics that say you should pay for what you bought or incurred, you can proceed to bankruptcy.
Remember that you will have to disclose the bankruptcy on any mortgage loan applications for the rest of your life, at least if you don't want to commit fraud. |
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Real Estate Guy
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talk with a BK lawyer. You didn't say how much you make. A BK may not totally resolve your problems.
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stephenweinstein
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No. You need very good credit to obtain a mortgage (home loan) and may also need good credit to obtain a job. It can take at least 10 years to rebuild credit after a bankruptcy. You cannot wait until you are 33 to get a job or a home. |
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John
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If you are working, dont do it; you can pay this off like $400-$500 a month through debt settlement over 36 months. You dont want a bankruptcy around your neck for the next 10 years. My sister used a company called Total Debt Solutions --www.totaldebtsolutionsllc.com to get out of debt. Check them out; you can call and talk to them toll free for nothing. The company they partner with has been in business 10 years, have no BBB complaints, and mandate that you keep your funds in a trust account (this protects you.) Best of luck to you. |
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