Ok I just turned 23 but when I was 18-21 I did some REALLY stupid stuff w. my money. I overdrue a checking acct by 272 dollars and it was reported to Chex Systems, and I owe about 4-6 different places money that I think have referred me to credit bureaous. For the past year and a half I have been making a consious effort to pay my bills on time and have been doing great but have no had the money to go back and pay off all my debts that have went to collection. I tried to get an auto loan and was not approved. Basicaly, I need a general idea of how credit works because I have no idea. If a bad debt is on ur credit report for a certain time and its not paid does it ever go away? can anyone help? Am i able to repair this or have I ruined myself for life at such a young age? *please dont leave any comments about how i am screwed or really messed up, believe me i already know what damage i have done*
2006-10-31
12:19:42
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5 answers
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asked by
Anonymous
in
Credit