My credit score is 578, I want to raise it... a few questions.. HELP!?
Sadly, it takes FOREVER to get bad things removed from credit reports, and I learned this the hard way. I have a repo, a few charge-offs, etc. I was accepted for a car loan last year and have been paying it on time, and have a couple other small accounts that I'm paying on time, and this has made my score go up a little.
I owe about 6-8 thousand dollars to different random places. (I was stupid in college and paid tuition on credit cards and couldnt afford to be living the way I did.)
I only have about 200-300 a month I can put toward past debt, and I just don't know where to start or even how to get in touch with the places I owe money to. Do I pay off my repo first, my old credit card first, a little to each place, etc? Also, I had bad advice a few years ago and closed some credit card accounts after I paid them off instead of keeping them open, and this looks bad too. Is there a way to get this off my credit report?
It also said that the fact that I don't have an open major credit card is hurting my score too. Should I try to get one and just cut it up? Is it even possible to get a major credit card with a low score like 578? And if so, how do I do it?
I have so many questions. I have been misinformed many times... help me please. I know employers look at credit scores, and I don't want mine affecting potential jobs in a negative way. Its so embarrasing.
a few seconds ago 3 Answers