2006-09-24 13:08:26 · 7 answers · asked by DAVID C 1 in Business & Finance ➔ Credit
declaring bankruptcy will do it.
2006-09-24 13:10:12 · answer #1 · answered by jeanne g 4 · 0⤊ 2⤋
Yes! But it takes time. First of all you should carefully review your credit report and see if there are negative items there that you can dispute. You should also try to negotiate deals with the creditors of any outstanding accounts and stick to the agreed upon arangements. Everything else is a waiting game, see the credit report timeline at http://finance-girl.blogspot.com/2006/09/credit-report-timeline-most-of-us-have.html For tips on raising your credit score see http://finance-girl.blogspot.com/2006/09/raising-your-credit-score-who-doesnt.html
2006-09-24 23:50:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No. It takes 4-7 yrs to clear your bad credit rating.
2006-09-24 20:11:01 · answer #3 · answered by goldielocks123 4 · 2⤊ 0⤋
You will probably have to repay your debts if you want to to clear your bad credit rating.
2006-09-24 20:16:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Start paying your bills on time each month and pay more than the minimum payment.
2006-09-24 20:16:46 · answer #5 · answered by First Lady 7 · 0⤊ 0⤋
CREDIT CONSOLIDATION HELPS,ALSO OBTAIN A CREDIT REPORT AND ANYTHING ON THERE YOU CAN DENY AND THEY MAY OR MAY NOT TAKE IT OFF. IN MY CASE I HAD 37 ITEMS BELONGING TO MY EX-WIFE I HAD DISPUTED THEM AND FINALLY THEY TOOK THEM OFF.
2006-09-24 23:35:10 · answer #6 · answered by beez224 2 · 0⤊ 0⤋
a good start would be to pay everything you owe to everyone you owe.
2006-09-24 20:12:27 · answer #7 · answered by pappy 6 · 1⤊ 0⤋