bad credit?

Question

i have bad credit but got good job now is there a way of clearing your credit history with out paying and if so how

Answer 1

The best thing you can do is to find someone who will give you some credit and mak sure you pay them well and within the terms. You can't clear the histroy but you can start to improve it.

Answer 2

I think the only way is to have someone look at your credit history (credit repair) but that will cost. Like other people have answered you could take out some credit and keep up the payments.

Try www.surefirefinance.co.uk they can supply loans/mortgages for very bad credit, they also supply a credit repair service but I don't know how much this costs or what it involves.

Hope this helps?

Answer 3

If you have a bad credit history then the only way you can start to repair it is to take out a loan with a company that specialises in dealing with people in your position. Be advised that the interest rates are not going to be at all competitive but that is the price you have to pay unfortunately. Make sure all payments are made on time and if possible pay it off early. You can repair your credit history but it will take time.

Answer 4

Your credit history will clear after 6 years. If any of the companies that you owe contact you within that time. It extends the time. Every company that you contact for credit will do a search and you will show as a bad risk. Some companies such as Provident will give you credit but you will pay 50% interest.

Answer 5

you can order your credit file from experian.co.uk, it will cost you a few puond but well worth it. Have a look to see whats bad then go about getting it removed by contacting companies. This will help, but also if you have any credit cards or things try and keep up the payments for a period of six months as banks and agencies review customers account every 3 - 6 months.

Answer 6

If you got into credit problems because of particular circumstances, such as losing a job, or getting divorced, then you can contact the credit reference agencies and ask to put a note on your file explaining this and saying why things have now changed.

Missed payments etc have less of an impact on your credit score as time goes on, so if you are scrupulous about keeping up repayments from now on, your report will improve over time.

Answer 7

you can rebuild your credit with a secured credit card that you pay off each month.

capital one do one. it will only have a crappy limit of about £200 but if you spend on it each month and pay it off each month, you will rebuild your credit rating in about 9 months to a level where someone else might offer you a decent card.

however, you wont take the bad credit of your history for 6 years, just put fresh "good" history for people to see how much of a model citizen you are now.

Answer 8

Step-by-Step Credit Repair Guide
http://www.debt-loan-refinance-mortgage-credit.com/category/Step-by-Step-Credit-Repair-Guide.html

Answer 9

There is no way to "clear" the bad credit without paying. Eventually it will all drop off your report, but it will take as long as seven years.

Answer 10

yes as you no with the saying where there is a will there is a way.

If you currently have loans out you will have to pay them back. if you have a good job now with good money but that extra bit you are recieveing now back into your debts you owe. that way they will be cleared quicker. also a good way to get good credit rating is to pay all your bills as u recieve them not leave them off. it could yake u a year or so but its worth it. it will be a big weight of ur mind. goodluck....