Is there a way to fix my credit rating? For example, getting rid of bankruptcy, forclosure or any other delinquent accounts from my credit report. How?
2007-02-05 12:04:34 · 6 answers · asked by Rosie 1 in Business & Finance ➔ Personal Finance
There you go : http://simple-credit-cards-and-loans.com
2007-02-06 08:04:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
As others have already said, you can't remove legitimate information from your credit report (that is illegal). While bankruptcy does stay on your credit report for 7-10 years (depending on the "type"), most lenders are interested in what you have done in the 2-3 years SINCE you filed. If you keep up with your payments, don't open a lot of accounts, and have money in savings (a few thousand, not a couple of hundred), you will get decent rates.
So now, you need to make sure your bills are paid EARLY, you budget money for savings every paycheck, and you DON'T open a bunch of credit accounts.
2007-02-06 12:03:30 · answer #2 · answered by homeschoolmom 5 · 0⤊ 0⤋
You can't get rid of the bad information if it is accurate. The bankruptcy will stay on for 10 years. In the mean time pay your bills on time and do not get behind. If you do this, eventually your credit will begin to get better.
2007-02-05 20:59:56 · answer #3 · answered by Jen G 5 · 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!
2007-02-07 07:33:10 · answer #4 · answered by gabriel jones 4 · 0⤊ 0⤋
How to Clean Up Credit Report: Before approving your loan, your lender contacts the credit bureaus to get your credit report. Bad credit report will severely restrict your credit. In some cases, you may not even get the credit. So it is vital to get your credit report cleaned. To enable you to achieve that you have to alter your financial habits
2007-02-06 06:43:19 · answer #5 · answered by Anonymous · 0⤊ 0⤋
you re build a credit rating, only way to correct it.
The old poor scores will be retired/removed over time
2007-02-05 20:17:58 · answer #6 · answered by Anonymous · 0⤊ 0⤋