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 02:38:37 · 4 answers · asked by Mean What you Say and say it 2 in Business & Finance ➔ Credit
You's?
Maybe you need to create some good credit by taking out an education loan and taking a few English classes at the University and then being diligent on paying that loan off. That will create a higher credit score and improve your chances for a loan officer at a bank to take you seriously.
2006-12-04 02:42:42 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You could begin cleaning up your credit by taking an extra job, it's the holiday season and everyone has now hiring signs up. Take the little extra $ and apply it to your smallest debt first. Wipe it to zero. Cut expenses everywhere. Keep putting more money to the debt. Maybe get a roommate for a short while.
Do you have a car, boat, bike, some asset that you could use for a secured loan at a bank or finance company? Take out a SMALL loan and set this $ aside. Make the monthly payments EARLY every time for 6 months & then pay it off. Boom your score goes up.
best wishes on your new and improved credit!
2006-12-04 11:07:21 · answer #2 · answered by upside down 4 · 0⤊ 0⤋
I'm 32 and have good to excellent credit (706 mid score.) Spent one year cleaning up old collection accounts from college when I bought my first house (yes, I paid them off) when I was in my 20's.
Good luck with your survey.
2006-12-04 12:17:24 · answer #3 · answered by KL 5 · 0⤊ 0⤋
Mine is well into the 800's
Never had bad credit... I am one who paid more than the reg. payment on everything when I did have payments.
aaaaaaaaaaaaaagh life is good !
Keep working on repair and get that cycle !!! I love mine!!
*high five*
2006-12-04 12:18:48 · answer #4 · answered by Kitty 6 · 0⤊ 0⤋