Credit help?

Question

okay, I used to be in debt with some credit card companies, but all of them are paid and I've been debt free for about two years now. I'm trying to rebuild my credit, but no one will give me a credit card. I'm in no need for a house or new car, so I'm not goin those routes. I have student loans that I'm abou tot have to start paying back....will this help my credit? (I know that paying them back will, duh, and I intent to do so...but will just having a loan that I'm paying on look good?) Also, I attempted to get a credit card and was turned down for these reasons:
-DELINQUENCY ADVERSE PUBLIC RECORD OR COLLECTION
-LACK OF REVOLVING ACCOUNT INFORMATION
-TOO FEW ACCOUNTS CURRENTLY PAID AS AGREED

My credit report says that the delinquencies could be on my record for up to four more years...is there any way to speed that process up?? I mean, I realized I screwed up in the past, and while I'm not looking to purchase a new car or house now, I want to be able to eventually.

Answer 1

Being in the same situation as you, I have been told to steer clear of credit cards altogether. It looks like they think you've paid too many things late. Revolving accounts, Ex. payday loans, credit cards, department store cards, etc, are very bad for your credit. They money that you waste on interest could just be going straight to pay off your student loans! I have been told that once something is bad on your credit, it's bad. Nothing will make it look better, except time. I, for ex., have about 3 revolving accounts. I was told that if I were to completely pay those off, it would bring up my score 20-25 points per account. That's a lot. Also, since your reason
TOO FEW ACCOUNTS CURRENTLY PAID AS AGREED
that probably means that paying off at least one would better that percentage there. Msn.com is very helpful. Search debt or credit help and you can find a debt evaluater, articles on how to save money and so much more. Also, Dave Ramsey has written an amazing book called "Financial Peace" that I got when my husband and I got married and it has helped a lot. Good luck and I hope that you can have financial peace eventually!

Answer 2

Those that say that the English won't gain knowledge of an extra language aren't joking. There used to be a information object over the weekend that a particular field of Spain that has been overrun by way of the British are actually status for the neighborhood council in view that among different matters their youngsters aren't taught in English. To the individual that claims that the Spanish recognize English however would possibly not talk it . I say how are you aware? I spend plenty of time in France and plenty of individuals don't talk English and if they may be able to why will have to they,no person will talk to them in French in this facet of the channel. I went to are living in France within the past due 60's early 70's while I used to be on submarines with the SA military, at the moment my French used to be well however now it's rather rusty. I nonetheless talk French while in France even if spoken to in English ( by way of the French). I have continually had first-rate admiration for people who spoke different tongues primarily those who made the hassle to talk an African language (I talk now of the white populace) I continually lived at the slopes of Table mountain and as a child went to a individual institution within the Southern suburbs and rarely spoke Afrikaans. I have discovered that my little institution of SA peers right here in UK pop out with Afrikaans, or talk in truly Kaapie accents at all times we're in combination.

Answer 3

Time heals most bad credit on your report. It will stay on your credit report for about 8 years. If you paid it off in four, then you have four more to go. Pay off your student loans in four years and you'll be in good shape.

Answer 4

get a secured card will cost you some money and then you can go to a conventional at a later time life