|
|
| *Loan,banking and credit>>>credit report |
How can I get my credit in order? I have my report, I need to know how to get my score up and the negative th? |
How can I get my credit in order? I have my report, I need to know how to get my score up and the negative th? My close friend does credit repair and you are guaranteed results in 60 days. Whatever he cannot clear, he'll refund you the money that was borrowed to clear that collection item or what have you. If you want to do it yourself, you need to contact the three bureaus Equifax, Experian and Transunion and write them letters of dispute, confusing them so much that they sometimes clear your debt since they're tired of investingating it over and over.. it's time consuming and boring.....and who knows if you'll get the results you want... As far as building your credit, call your collection agencies and negotiate w/ them to pay half of what you owe them, THREATEN them that you will file a bankruptcy, so either they should take your offer or else shove it....bargain w/ them.... Slowly make your payments on time, and you'll see your fico score rise month after month.....if you have any further questions e-mail me at edgarambart23@yahoo.com I'm a loan officer, and an entrepeneur, and deal w/ clients w/ similar problems on a daily basis. Hope this helps..... lign="right" > Sign in to vote! First, look at all the accounts and make sure they are all legitimate. Make sure no one has opened credit under your name. Second, look at all the amounts and make sure they are all correct. if the amounts are wrong, it may be because they haven't reported to the bureaus for a long period of time. Third, ANYTHING you have an issue with, write a dispute letter to the credit bureaus including all the proof you can of why you dispute it. Per federal law, they will inquire with the companies and the companies have 30 days to update the information. If the company doesn't respond, the item will not be put back on the report. Fourth, write down all your debt amounts and next to it write all the minimum payments. Take the amount (if you know how much you make every week) you have available to pay your bills and subtract all the minimum payment amounts. After you're done subtracting, all the money left over should be sent to your SMALLEST debt. Let's say your smallest debt is $300 and you pay a minimum of $40 per month. You have $120 extra to put towards your monthly bills. You will pay the small debt off in 2 months and then in the third month, you will have $160 extra since you no longer have to pay that $40 minimum. Then move on to the next smallest bill and so on and so forth. Your credit score will increase as your debt will go down. The score will also rise as you have less creditors (bills). You DO NOT require to pay for services or counselling, it is something that can easily be done all by yourself. You just need a little time to write down what your bills are, the payment amounts, how much money you want to pay with and line up the bills. Services will do the exact same thing and charge you for it...and that money could be used to pay off your bills. Use it to pay off your bills, not thiers. BSBA Finance, studying for Certified Financial Planner's license lign="right" > Sign in to vote! I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for information that may be helpful. Credit http://www.tomvoli.com/2006/11/08/should... http://www.tomvoli.com/2006/11/06/rescor... Mortgage http://www.tomvoli.com/2006/11/10/negoti... http://www.tomvoli.com/2006/11/09/why-wo... Real Estate http://www.tomvoli.com/2006/11/07/is-now... http://www.tomvoli.com/2006/11/13/short-... |
| Tags |
| credit check credit counseling credit debt credit line credit repair credit report credit score credit card online bad credit loan bank of american |
SiteMap--Copyright/IP Policy--Contact Webmaster For personal non-commercial use only. |