2007-10-23 03:16:58 · 3 answers · asked by need help 1 in Business & Finance ➔ Credit
Is hard to get a second change in life in everything but credit companies make it worse because they loose money when we don't make a payment, you could try to re-build your credit by getting a credit card and make small purchases and make your payments on time, here is a great website for people with good, bad or no credit. www.fastcreditcardapprovals.com good luck and don't give up just make sure to take or it once you gain it.
2007-10-23 03:45:02 · answer #1 · answered by GTW 3 · 0⤊ 0⤋
It's hard because old habits are hard to break. Credit bureaus realize that people who default on loans or make late payments will do so over and over again. Therefore one late payment or charge-off will mean that you are a high risk borrower. It takes longer to prove that you are responsible, than it is to prove that you are not.
2007-10-23 03:22:47 · answer #2 · answered by Jay P 7 · 1⤊ 0⤋
It's only hard because you don't understand how to play the game.
Do this.....the most difficult bad credit problem is bankruptcy.
Go to http://www.lifeafterbankrutpcy.com and check out their newsletters and educational pages....find out how they suggest people who filed bankruptcy restore their credit.....that will give you some good ideas.
2007-10-23 09:57:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋