2007-12-11 04:54:16 · 5 answers · asked by Anonymous in Business & Finance ➔ Credit
You can't truly 'repair' a bad credit history. The best you can do is to make it history and therefore irrelevant. (This assumes that your credit history isn't bad because of errors, but truly because you messed it up).
The way to fix it is:
Be current on all accounts.
Make every payment on time every time. (this is the single most important aspect of a credit rating, the last 24 months payment history. Fix this for 2 years and watch your score soar)
Lower the amount you owe, preferably to less than half of available credit.
It's simple. (Note, not easy, there's a huge difference between simple and easy).
good luck!
2007-12-11 05:19:18 · answer #1 · answered by Rush is a band 7 · 0⤊ 0⤋
Credit repair can only be achieved through financial discipline and hard work. Any easy way out of a poor credit history is undoubtedly tempting, but it may lead to further financial difficulties in the future. If a poor credit history is due to circumstances beyondpayment patterns, his situation can improve in a period of two to three years. This way, even in the case of bankruptcy, a consumer is likely to be offered charge and credit cards within a year or two if maintaining a steady income.
2007-12-11 05:32:07 · answer #2 · answered by Jason L 1 · 0⤊ 0⤋
Go to Lexingtonlaw.com. They improved my score by 100 points within 6 months. It costs money but is definitely worth it!
2007-12-11 06:05:02 · answer #3 · answered by Holly W 3 · 0⤊ 0⤋
Yes it's called accountant go to the yellow pages and find one you can rely on
2007-12-11 05:01:48 · answer #4 · answered by Lil' Gay Monster 7 · 0⤊ 1⤋
www.creditinfocenter.com
buddhibbs.com
2007-12-11 05:06:21 · answer #5 · answered by Anonymous · 0⤊ 1⤋