What is the fastest way to repair my credit so i can buy a house?

Question

I do not want to file for bankruptcy i heard something about consolidation.

Answer 1

Get a copy of your credit-report and just start knocking bills off, one by one.

Answer 2

Did you file bankruptcy or are you just in over your head and can't get out of the water?
I really need to know how you messed up your credit.
but not knowing that I can tell you something that is a big deal when you are buying a car or house or big thing like that.
You need to work as much as possible and if they have a credit union or payrole deduction plan at your job, put the maximum allowed each payday into it. Work all the overtime you can, pick up cans and sell the aluminium, get an extra part time job, baby sit, wash cars, etc.

Do you understand what I am getting at? You need some cash money. If you have a 8 to 10 thousand dollar down payment on a house, no matter what your credit history is, someone will loan you the rest of the money.

That simple. If they see you are willing to put that much of your cash money down on it they will work with you. Especially if you have a weak credit history and you are showing by the extra work and saving that you are a mature settled person, who is going to pay the money back as you promised you would. They expect you to keep your promise to them. And when you sign your name and accept the loan you have made a promise. And you have to make good on your promises or it is over for you in the word of credit.

Answer 3

Pay off your cards, as the other person suggested, one at a time starting with the highest interest rate but do NOT close the account. It looks good to have available credit that you are not using. Also, don't be afraid to open a new credit card account if you can consolidate your others for a lower interest rate.
There are many ways to consolidate. There are free services out there that can help but my favorite way has always been to open a new card and transfer all balances to that lower interest rate.
My score is currently 750.

Answer 4

Step-by-Step Credit Repair Guide

Bad credit can frustrate your efforts at getting a credit. Hence ensure you keep your credit report clean. If there are any errors in the report, undertake credit repair to clear out any errors. This can be tiring and frustrating, but highly rewarding. Though law recognizes and protects your rights, it is your duty to remove any anomalies in ...........

Answer 5

Clear up your credit history by paying creditors that you owe money to, credit card companies, old cell bills, etc.

If you need to move out right now, you can always get an apartment to live in, but before you do that I suggest you speak to a mortgage officer and they will be able to advise you on how to clear up your credit and what you need to do in order to get your home.

Answer 6

lower your debt to income ratio by paying off as many bills as possible. Pay the minimum amount on every bill but 1. start with the one with the highest interest rate and pay as much as possible on it each month. when it is payed off close it and move to the next bill. Do not apply for any new credit from anywhere, this lowers your credit score every time you apply for credit.

Answer 7

The fastest way will take years of repairing your credit

Answer 8

they do have mortgage companies that will give you a loan with a higher interest rate with people with bad credit the mortgage compaines have nothing to lose because if you don't pay your mortgage they have your house as colateral

Answer 9

Pay off your credit cards and other bills.