what is the quickest way to really and trully repair credit and where do i go ie sites?

Answer 1

Be aware that many sites will try to charge you for "services" that you can easily do yourself with a letter and a few stamps. Having said that, here are my tips to repairing your credit:
1- Pull a credit report from ALL THREE credit bureaus (Experian, TransUnion and Equifax).
2- Comb through each report and look for errors - not only in your account information, but also in your SSN, DOB, previous addresses and inquiries. This is especially important if you are a Sr., Jr., etc.
2a- If you find errors, send the appropriate proof (along with a letter )in order to have that corrected. The credit bureaus should send you a new report with the information updated.
3- After that, concentrate on the accounts that are listed on the report. Pay close attention to negative accounts. Make judgments and liens your first priority to pay off. They are the peverbial "elephants" in your credit room...they can and will hold you back from credit approvals.
4- Next, start with your collection and charge-off accounts. List them on a separate sheet of paper in order from the smallest to the largest. Start with the smallest ones first and work your way up. If possible, try to settle or negotiate a discounted pay off. For the collections agencies sometimes some money is better than none. If you call the places and don't seem to get anywhere, just bid them good day and call back in a few days in hopes of speaking to someone who is willing to meet you half way.
4a- If you are at or over the limit on any of your open accounts or if you are late with a major loan (such as a car or a student loan), do whatever it takes to get yourself out of the "red zone" with these accounts. Make this a priority above tackling the collections and charge-offs. The more on-time payments you make and the more you stay well below your cc limit, the better off you'll be. :-)
5- Once you start paying off the bad accounts, make sure you reqest some type of proof (be it a letter or receipt) that the debt has been paid. Keep this for your records. The collections agencies don't always report to the bureaus that you have paid your debt and you might have to send a copy in order to have your report updated.
6- After you have taken care of your old accounts, concentrate on your open ccs. You should keep your balance at or below 40% of the total amount you can borrow. Anything above that will hurt your score.

Your score is figured like this:
35% - payment history. For a good credit score, it's imperative to consistently pay on time.
30% - debt ratio. The amount that you are borrowing is compared to the total amount you can borrow. Make sure this is a reasonable ratio. Being close to, at, or above your limits is bad news.
15%- length of credit history. The longer your (positive) history, the better your score. Don't be in a rush to close old accounts. It will shorten your history and also reduce your debt ratio.
10%- new credit. Every time you apply for credit, your score is affected. Make sure you only apply for credit as needed. Applying for too much in a short span of time makes you look risky.
10%- types of credit. Hopefully you have a variety of credit - revolving, installment, real estate, etc.

I hope this helps and good luck!

Answer 2

You have to pay your debts and establish a consistent, on time payment record of at least two years.

Start with paying off your credit cards. A big part of your score is the debt to available limit ratio. Carrying credit card balances of more than 30% hurts your score. Pay them all off and only charge what you can afford to pay in full every month.

Get a copy of your credit report. Dispute any errors with the credit bureaus. Work on settling your bad debt. Start with the newest and work back to the oldest. The older the debt, the less impact on your score.

You can probably settle for 75% ot 60%. Lump sum gets better deals. Payment plans must be short term. Get any settlement agreement in writing before you pay and don't give them access to your bank account. You can ask them to delete the negative -- some will, some won't.

Don't bother paying a credit repair/consolidation company. They will take their fees up front and just trash your credit. You may end being sued by your creditors.

Answer 3

1. Dispute all of the things that are on your credit report that you think really shouldn't be on there.
2. Pay off all the things on your credit report that you know are yours & are legitimate collections.
3. Have atleast 4 good standing OPEN accounts on there.
4. Have atleast 1 years worth of good credit & work on the rest.

You can look on Experian, Transunion & Equifax at their different solutions on how to repair your credit. I hope this helps! Good Luck :)

Answer 4

www.creditrepair101site.com You can't beat the price. You could use a service though if you didnt want to do the work: www.aperfectsolution.us $125 pretty reasonable; my mom used it