Question


Lance D

help me too raise my credit score?

ok! here i go, first step is to admit a problem. my credit score is 529, yes 529, i know that is poor which causes me too be a high risk. i am in the process of doing all i can do, to include educating myself on getting out of debt and raising my credit score. i have no credit cards currently. i have paid off all but one collections, i have current car payments, and student loans which is in good standing. it is the past ten negatives, that hurting me. what can i do now to impact my score. im 24 years old, but i feel very scared, and intimidated about my future, being that i "screwed" up in my teenage years. HELP ME PLEASE. i have a goal of being an entrepreneur by the time im thirty, it will never happen with a 529 credit score. PLEASE HELP, I ACCEPT ALL ADVICE!!! thanks, and grace & peace ps: if or should i apply for a credit card to help raise my score????

3 weeks ago - 5 answers

Best Answer

Chosen by Asker

Сredit repair workеd fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - buildcredit.ifastnet.com

by Clay

3 weeks ago

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Other Answers

Get a "pay for delete" contract when paying collections off. Pay all of your bills on time from here forward. Dispute any incorrect information(or even accurate paid collections and maybe they will delete them). If you get a credit card, get a secured card through you local bank. Be sure they report to all the major agencies. Pay your balance in full every month. If you do this you should have a much better score this time next year and a great score in just a few years.

by timothy p- 3 weeks ago

Hi, It will take a while to re-build you credit rating due to your arrears of the past. It has become so low because you are now seen as a more risky borrower and you are right to worry as often it can affect your chances of any future borrowing such as a mortgage or a large loan for business purposes and mean that you will be offered higher interest rates on any such borrowing or unfortunately be declined all together particularly in the current financial climate. Credit rating fixable however depending on the severity of your financial mishaps, missed and late payments being the lower end of the scale. You need to keep your current financial commitments in good order - no missed or late payments. Applying for a credit card is one method of adding to you credit rating but with such a low score do not apply for one with a very low interest rate as you are unlikely to be accepted and being declined can also lower your credit rating. I would suggest applying for a credit card advertised to those with adverse credit as you are very likely to be accepted (however be aware that the APR can be around 40-50% which is extremely high) and then spend a little on this card every month and then pay it off every month(avoiding interest charges). This will help build your credit rating back up. Also make sure you are on the electoral roll and try not to move house (at all if you can manage it) you need to be traceable. It will take a while and obviously the worse the negatives the longer they will take to 'heal' Good luck :)

by Foxi22- 3 weeks ago

The library or bookstore have excellent books that can take you step by step on how to repair this mess. They will teach you how to negotiate, and settle with companies, and how to fix your credit report like an expert. Don't ever pay anyone to do this for you - it's all in books - and it's free. /

by Judy- 3 weeks ago

I once talked to a credit repair company who would “save me up to 50% of my debt.” Using a figure of $20,000 debt, the rep told me they could cut that in half to $10,000…and their fee was only $13,000. So to have them help me, I’d pay $23,000 when all was said and done! Something to think about…

by anon y- 3 weeks ago