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What can i do to start my credit?

How can i start to fix my credit?

  • I am 23yrs old. As soon as i turned 18 I started to work on opening my credit. I started with a secured loan and shortly opened up 4 credit cards. I had done a good job at keeping good credit until last year i got hurt and couldn't work my job like always. i had to step down to part time so that i could afford my chiropractor. I couldn't even walk right at the time. i didn't have insurance so with my part time job, it was, i paid my credit cards or payed my chiropractor. Now im finally ok and working my full time but my credit score went drastically down because all of my credit cards got canceled...8 ( i don't know what to do to have good credit again. having good credit is very important to me...please help!

  • Answer:

    let it go, let it all go. save your money. letit go to collections. the collections people will settle for 75%. dont worry about the credit score in the mean time. even if you paid every penny off, it would take hella time for you score to recover. Make deals with the credit card companies if you can. sometimes they will lower your percentage rate if you ask. especially if you are real with the person on the phone and tell them you are going to let it go to collections if they dont work with you. there is no criminality to not being able to pay a creditor. he has made a good portion of his money back, on the interest you have paid. Fear will not help you think clearly. Survive, have a place to live, eat simply and healthy. live simply, pay what you can to who you can, pay off the little things first, transfer debt if you can find a 6 month no interest credit card offer. and pay this card off, no matter what. even if you have to let others wait. for a year even. you are young, your health is your greatest wealth!!!

sweet_sm... at Yahoo! Answers Visit the source

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I am Anita brown from Texas ; I was privilege to come in contact with this lender named Steve Davidson (MD) who assisted me with a loan of 110,000K USD. it wasn’t easy getting a reputable loan company but with the guidance of God and sincere heart i was able to get in touch with him through a friend here. His email is [email protected] he is as good as done when you contact him for a loan. As the adage goes, a word is enough for the wise. Don’t west your time contacting fraudsters if you are in dire need of cash. I have my own fair share of it and know what it means deep in my skin Email>>>>[email protected] They offer all kind of loan they are Short term loan (1_5years) Media term loan (5_10) Long term loan (10_20) They offer loan like (1) Home loan!!!!!!!!!!! (2)Business loan!!!!!!!! (3)Debt loan!!!!!!!! (4)Student loan!!!!!!!! (5)Business start up loan!!!!!!!!!!!! (6)Business loan!!!!!!!!!! (7)Company loan<<<<<<<<<< etc Email >> [email protected] I which good luck in life

Anita Brown

Well making up for your history is going to take time, just be sure to pay all your bills on time, keep only the credit card with the most history, only big purchases should be done on your credit card, small purchases hurt your credit. Having so many loaners check your credit history hurts as well so that probably is why your credit is still in bad condition

Sandi

you dug yourself in a pretty big hole... the only way i can see you starting to get out is if you consult a professional who works at some sort of company that repairs peoples credits ... i would just try to google it... there are business's out there though that can work for you and they could help clean up your credit score if your in a bind like this

Anonymous

Now as already your credit rating has changed so if you make all the debt payments it will not help. Rather try to give a fresh start. Try to get some prepaid credit card or debit card and slowly use it and make payments on time. It won't be a day job it can take more than 2-3 years but you have to wait as their is no other alternatives open to you. Best of luck. http://www.georgecreditfinance.blogspot.com

Payal

Start focusing on repaying your credit cards from now on. Another option would be to marry someone rich, but that might be harder. Then again, you look pretty decent, so shouldn't be too hard. LoL!

Shanks

You got only two options... 1. Either file bankruptcy or 2. Start paying the debts off! Those are the only two ways to get your credit back to being the way it was. Good luck!

*Jesses*Wife*2*B*

When a credit card is charged-off as bad debt, you need to understand that the damage to your credit is already done and there is no undoing it. Don’t make the mistake of simply cutting a check to whatever collection agency has the debt for the charge-off and assume that your credit rating will be magically restored...Doing so will not remove it from your credit reports. It will simply be updated to a "Paid Charge-Off," which, while slightly better, is still a seriously derogatory item. Per the Fair Credit Reporting Act, a charge-off, whether paid or not, can remain on a consumer's credit reports for up to seven years. This does not mean that you will have bad credit for the entire 7 years though. Only the passing of time is going to heal the damage. After 2 years from your last default you'll start to see your credit rating start to go back up again. It may help to get a secured credit card to start building a history of paying on time...that can gradually help build your credit back up. Again, there are no quick fixes here.

CatDad

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