*Loan,banking and credit>>>credit repair

Can you repair severely damaged credit??

Sure you can, you just have to apply yourself to correcting the problem. You must lay out your credit issues and make an action plan to repay them. Once you decide to do it you must stick with it. May I suggest a site that can help you...
http://www.thecreditrepairmanual.com...

Best of luck,

Eventually yes. It takes time and effort. The first step is to start paying all of your bills on time every time. Also, get a copy of your credit report and make sure everything on it is accurate.
There is no magic bullet, pill, or procedure to repair bad credit. You must wait a minimum of seven years for bad info from the three main credit reporting agencies to matriculate and be left off your report. In the meantime, you must try to reestablish your credit gradually and repay any loans and all bills on time.
Experience
The only thing that will help you repair your credit is paying all your bills on time over the course of 2-5 years.
Yes. It will require patience and discipline. Make sure you pay everything on time if you have a credit card, auto loan or mortgage. If you have mortgage, make sure you pay the mortgage on time. That affect your credit tremendously positively if you are on time and negatively if you are late.
I am a sr. loan processor and have worked with a reputable company that does credit repair. ONe of the last few honest ones..LOL

I've successfully used this company for my clients when trying to buy homes. Services vary from scrubbing old derogs to boosting scores from 520 to 680 in 30-45 days. Hit me back if you'd like more info on it...