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2007-01-29 04:34:11 · 12 answers · asked by sissy 1 in Business & Finance Credit

12 answers

pay up all your debts

2007-01-29 04:38:04 · answer #1 · answered by traveller 7 · 2 0

Improving Bad Credit Report: If you have a bad credit record, investigate the reason for this report. If the reason is late or non-payments on your behalf, start making payments to the lender and clear off the debt. A late payment can work against you later on. If you are unable to pay due to shortage of funds, limit your spending. Another solution is to take more credit from reputed lenders who offer you flexible payment schedule. By paying off your huge debt in small amounts quickly, you can impress your prospective lenders. Then finish off the investigation of your credit report conducted by the bureau.

Negotiation of Credit Report: Credit bureaus can also make mistakes. They store the ratings of many people and are manned by humans who can make mistakes. They can enter wrong details about you, leading to erroneous credit report. Hence get a copy from the bureau contacted by the lender who refused you credit. Read the information thoroughly and note down any errors. If they try to malign you, complain to the bureau. It is bureau’s duty to look into the matter, report the facts and send the corrected details to the lenders who have turned down your request for credit.

2007-01-30 01:39:35 · answer #2 · answered by juli o 3 · 0 0

Bad credit is one of the worst problems to have... however there exists a solution.

I will hereby talk from my personal experience.

I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :

http://umgarticles.atspace.com/debt-consolidation.htm

if it helps kindly remember me in your voting!.. cheers!

2007-01-30 10:13:12 · answer #3 · answered by gabriel jones 4 · 0 0

Hi,
You have to pay your bill.
But if you need more credit, you can also take a look on this website: http://www.gotoinfolink.com
They have a section for people who have bad credit.
Hope that help ;-)
Jeff

2007-01-29 17:13:56 · answer #4 · answered by jeffl27 2 · 0 0

one CANNOT remove factual negative information from your credit report. This will stay there for 7 years

2007-01-29 13:10:26 · answer #5 · answered by sunbun 6 · 0 0

Become somebody else. I retrieved my credit rating when I became Zortron, Temporary Ruler of The Universe!!

2007-01-29 12:42:17 · answer #6 · answered by Anonymous · 0 1

Many items can be updated in 1 week if you are using someone that knows the process.

Here is some additional info. Hope this helps.

2007-01-29 13:34:11 · answer #7 · answered by loanman46 2 · 0 0

Pay off your debts.

2007-01-29 12:38:16 · answer #8 · answered by FaerieWhings 7 · 0 0

Only spend money you got!

2007-01-29 12:41:15 · answer #9 · answered by Toflow23 2 · 0 0

pay your bills, or talk to the bank.

2007-01-29 12:40:06 · answer #10 · answered by Anonymous · 0 0

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