2006-12-16 15:35:38 · 11 answers · asked by MS. DC 2 in Business & Finance ➔ Credit
Never miss payments.
2006-12-16 15:39:28 · answer #1 · answered by Allstars 2 · 0⤊ 0⤋
An easy yet legal way to help your credit score is to ask a friend of family member who has knowingly good credit, if you could be added to one of their credit cards as a co-signer. Tell the friend or family member to send the credit card to their address and to cut up the card. That way, they will have no worry about what you will do with it. If they do that for you, their good credit will be passed onto you, or at least help your credit report. Also this is a good way to help a child to establish good credit, it is completely legal and the parent's good credit history will now be passed onto the child. It's not a quick fix for bad credit, but it will certainly help.
2006-12-17 03:17:46 · answer #2 · answered by arcticchill_ak 1 · 0⤊ 0⤋
clean up any collection items.
go to a credit counsoling service (usually 300-400 dollors) and they will write all the letters you need to your creditors to clean up your credit or dispute negetive marks on your credit. Don't try to do this yourself because it never seems to get done right.
Then get yourself several small limit credit cards or go to a local bank and get a small loan. If your credit is really bad right now, you may have to secure this loan with a certificate of deposit, ie you deposit $300 into a bank account, and they loan you $300. The point is make all of these small monthly payments ON TIME! This consistent record of paying your credit cards and bank loans ON TIME will get your credit score up.
2006-12-16 23:43:49 · answer #3 · answered by Sutej G 1 · 0⤊ 0⤋
This has been asked and answered so many time on the web, a simple google search will reveal.
One creative solution, I've read, is to get a tax id issued to you that is similar to social security numbers. Then you just change your mailing address and phone number and *poof* you've removed all you bad credit history. Haven't had the need to try this, but it is interesting.
2006-12-16 23:38:52 · answer #4 · answered by something 3 · 0⤊ 0⤋
Get a copy of your credit report and see what is hurting you the most. Before you contact any creditors or send in payments, read about repairing your own credit. You don't want to lengthen the statute of limitations. Please try the link below. (Don't worry, it's not spam like the man is posting. It's actually a legit site that has given me useful tips and has sample letters to send to creditors.)
2006-12-16 23:45:44 · answer #5 · answered by Mariposa 7 · 0⤊ 0⤋
Obtain a copy of your credit reports from Experian, TransUnion, and Equifax to see where your credit stands. These companies will also provide tips and information on improving your credit ranking.
2006-12-16 23:41:04 · answer #6 · answered by Melanie D 3 · 0⤊ 0⤋
stop spending.
pay off your bills, late bills first.
even if you can't pay it in full, send in at least 20, NEVER skip a bill, EVER.
as you gets things paid off, credit cards paid off, etc...and then go for awhile without being late, etc.....THEN your credit will slowly start to improve.
its like school......real easy to go from an A to an F but 3 times harder to go from F to an A. Bad credit is an F....takes alot of effort to get back to an A.
2006-12-16 23:39:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋
START BY PAYING BACK DEBTS THAT YOU OWE. MAKE SURE THAT YOU MAKE ALL PAYMENTS ON TIME. EVEN ONE LATE PAYMENT CAN MAKE A DIFFERENCE TO YOUR RATING.
2006-12-16 23:38:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You get the information at http://zerocreditcard.blogspot.com
2006-12-17 00:21:17 · answer #9 · answered by Vineela 1 · 0⤊ 1⤋
pay your bills
2006-12-19 23:20:25 · answer #10 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋