Honestly speaking, how many of you's have bad credit and how old are you, AND how willing are you to get it fix? I'm working currently on a survey. I would love honest answers from everyone to be able to complete this assigment, thank you.
e.g
I have horrifiying credit, I'm 21, and I want to get it fix as soon as possible so I can buy me a motorcycle ( hey a girl can dream right )
2006-12-04 02:36:51 · 14 answers · asked by Mean What you Say and say it 2 in Family & Relationships ➔ Singles & Dating
I used to have bad credit, I have geat credit now, I got one of those secured credit cards and didn't miss a payment and then after that , the credit Union let me borrow money to get a car loan and now I have bought my own house, of course this did take time over a period of about 10 yrs, but the sooner you start...THE BETTER!
2006-12-04 02:39:08 · answer #1 · answered by lisa29212 2 · 0⤊ 0⤋
When I was 25 I had to file for bankruptcy and it was the best and worst decision of my life. At the time it freed me from having to pay back my creditors......awesome!! However now at 43 I am still trying to establish good credit, I have a secured credit card (you have to put money done to get about 200 dollars credit on the card) I had not pursued trying to repair my credit for years, I saved up and paid cash for the stuff I wanted and needed. It has been a long road but it is coming. Last year my hubby and I wanted to buy a new house, we tried to put my name on the mortgage and they turned us down, said that if they put my name on there we wouldn't be able to buy the house we loved because my credit wouldn't allow us to borrow that much money. If I were you I would work as hard as you can to repair your credit NOW. You have years ahead of you and you don't want to hit the wall every time you want to make a purchase such as the motorcycle!! Or even worse depend on other to help you out whenever you need or want to purchase something, work on it with the help of a credit counsellor, they will help you understand how to save, spend and repair that horrifying credit you currently have. Good luck.
2006-12-04 10:49:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Our credit (my husbands and mine) is not that great our child was a micro-preemie and problems with our insurance so all the bills went to our credit we did sue the insurance and they paid most of them until they filled bankruptcy and we were responsible for what they didn't pay plus our percentage (my son was in the hospital 6 m. and had 20+ surgeries and numerous Doc's so we had a lot of debt). It is very important to me to have good credit, we have been working on this and it is improving. Once we paid off the hospital bills our credit has gotten a lot better. By the way I am 22 and my husband is 28.
2006-12-04 10:46:00 · answer #3 · answered by Confused 2 · 0⤊ 0⤋
I don't have bad credit always pay my bills but what I owe is ridiculous, my husband was in a car accident 3 years ago and the bills piled up by the time he ever gets to go to court and receive any money to help pay off the doctors and hospital we'll both be dead
2006-12-04 10:40:52 · answer #4 · answered by cutiepie81289 7 · 0⤊ 0⤋
I'm 22 and have bad credit, but am working on it the best way I know how right now. I made a poor decision on real estate and investing when I wasn't ready.
2006-12-04 10:40:22 · answer #5 · answered by Sunny 2 · 0⤊ 0⤋
I`m 41 and i have excellent credit.
You just have to learn to keep your bills up and paid at all times. Try and stay out of debt and away from credit cards.
If you dont have the "extra" money for it chances are you really dont need it.
2006-12-04 10:41:29 · answer #6 · answered by brock 7 · 0⤊ 0⤋
recently i had a letter from a cred card company saying that i was in debt with them, i live in a huge house which are made into flats and i know everyone who lives here...they all know me too....someone in my house has got a card in my name and used my details to get this card...the bill comes to £300.00 and a few pence..they sent me another letter threatening to take me o court so i wrote back and told them that i have never taken out a credit card and that someone has used my name to get money..they are having none of it because i cannot prove who it is....it could be someone who's lived here in the past and moved out because i do trust the people who live here....each time i get a letter from them, the bill gets bigger but i refuse to pay it because i did not get the card...now they are threatening to send bailiffs to my home...this dos worry me but i am adamant in my word and will not pay it....i cant prove who it was and i cannot prove that i didn't get the card, but i know i didn't and that's my final argument with these people....i wont pay it, and i don't care if they slam me in jail...i am not paying for something that i did not get in the first place...i have spoken to CAB and they said pretty much the same as the police...unless i can prove who did it...i don't have a leg to stand on....still not paying it though...no way...
2006-12-04 10:46:47 · answer #7 · answered by Anonymous · 0⤊ 0⤋
be mature about all your dealings,especially when it comes to credit..always remember that you are accountable for every cent you spent so be responsible to pay it..if you don't have the whole amount to pay just inform the credit company the amount you can pay on a staggard payment up to the time you'll be able to complete it.good luck
2006-12-04 10:43:37 · answer #8 · answered by rinoa 1 · 0⤊ 0⤋
When I was younger I had such bad credit that when I would go to apply for a car loan or credit card they would pay me not to even apply cause they knew I was wasting there time...LOL
2006-12-04 10:41:35 · answer #9 · answered by Anonymous · 0⤊ 0⤋
It all goes to having self control and doing what you say. I've followed that practice and have all the material things I want and good credit too.
2006-12-04 10:41:20 · answer #10 · answered by Anonymous · 0⤊ 0⤋