My credit rating is bad, so i get refused from most credit cards etc. BUT i want to transfer the balance from 2 credit cards onto an interest free one. Ive tried and been refused from 1 company.
Is there any way around this??
Or even better is there a QUICK way to fix my credit rating? (I have been making regular on time payments for the last year).
2007-01-10 04:40:13 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
There are lots of ways to accomplish what you want but only 1 best way. If you have lots of time and persistence, you can take a stab at it yourself. I believe, however, that your credit is at least on the same level of importance as taxes (which most people have professionally completed). I know of a non-profit company that does all the leg work for you and hopes to improve your score 90 points in 90 days. Check out the credit repair link at www.totaldebtsolutionsllc.com
2007-01-10 09:24:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No real quick way. You just have to keep your credit record clean for a couple years and your rating will go up. Word of advice though. Don't keep trying to get new credit cards. One of the credit check devices used is to see how often you apply for credit. Lots of applications create negative ratings.
J
2007-01-10 04:50:41 · answer #2 · answered by John D 3 · 0⤊ 0⤋
try the m & s credit card... i always transfere every time the free interest rate is up... its 3.9% for life of balance (but you may have to mention this on application as i applied for it and had to call them as it had not been put down for 3.9).... however everytime you apply for credit i believe this effects the credit scoring (not 100% sure but think it does).... i have not had a problem as i have a good rating (i believe).. but a word to the wise... these companies are getting clever as when you switch they not only charge for transfering they also wont let you open another card (if you closed the last one to get another 6 months free) for at least 6 moths... i transfered on to the m & s and its a great rate and i prob only pay about £8.00 interest a month... on quite a big bill!!
2007-01-10 04:50:32 · answer #3 · answered by tikketiboo 4 · 0⤊ 0⤋
Go to a debt consolidation company, don't get another credit card whatever you do. I know what you mean about putting it all on to the one card but it would be safer to go to a company that will consolidate all your debt. You will end up going from one card to another and it really isn't worth it. This site wipes out up to 75% of your debt too!
http://www.debtreducers.co.uk/?gclid=CILSzoS61okCFRhZMAoduVEg3w
2007-01-10 05:15:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋
get your credit record and see where you are letting yourself down. I am in some boat and yes you can get credit cards but at ridiculous rates
2007-01-10 04:44:26 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Lexington will help with the credit repair - http://www.jdoqocy.com/click-1995821-10293241
That's the key - see if you can get the score up with a couple quick actions, then try to consolidate
2007-01-10 04:48:50 · answer #6 · answered by Byron W 3 · 0⤊ 0⤋
www.OrchardBank.com
2007-01-10 04:49:47 · answer #7 · answered by Anonymous · 0⤊ 0⤋