I need to find out a way to work on drastically improving my credit. I really made a bad decision to get a vehicle about 2 years ago that ended up in a repossession. Along the way of struggling to make the car payment, alot of bills got sent to collections. I paid off my first vehicle, which i used to trade in for a truck because of mechanical issues.
Bottom line is by getting the truck, i miscalcultated the dept/income ratio.
my credit score is very poor. I beleive i owe around 8-9K for the truck still.
I am making payments to everything that is current. I have learned a lesson that you have to earn respect to get a good loan.
However, I want to consolidate all my collections (2 credit cards, 1 personal loan, 1 cell phone, 1 truck repossession) Is there a good company out there that i can talk to? I am military, so i want to clear this up within 5 years cause i want to eventually get a house. I have a respectable job and have held it for a little over 5 years. Thanks!
2006-12-27 04:00:17 · 4 answers · asked by nukem_thebomb 3 in Business & Finance ➔ Credit
email me at carconcierge@sbcglobal.net
I can help. Include this gist of this message.
2006-12-27 04:03:34 · answer #1 · answered by Rowdy Yayhoot 7 · 0⤊ 0⤋
You can call the credit bureau and dispute some of the bad credit things. They will clear it because most companies cant be bothered to argue it out.
As for consolidation, Im not too sure, but good luck.
2006-12-27 12:04:12 · answer #2 · answered by Apricot 2 · 0⤊ 0⤋
I recommend credit repair; this is a growing industry which uses existing legislation in your favor to improve your credit report. Only sign with one that offers a money back guarantee.
2006-12-27 17:11:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
YOU ARE A SLAVE TO THE CREDIT SYSTEM!! YOU WILL ALWAYS BE A SLAVE TO IT!! Unless you drastically change your way of thinking. Credit is NOT good! Break the habit.
2006-12-27 12:05:22 · answer #4 · answered by Dorothy and Toto 5 · 0⤊ 0⤋