Latest Posts
Home > Ask The Get Out of Debt Experts > How Can I Get Rid of My Delinquent Balances? – Ana

How Can I Get Rid of My Delinquent Balances? – Ana

“Dear Steve,

About a 1 1/2 years ago I had been laid off of work and I spent much time without work and had no income coming for a good 6 months so most of my accounts went from delinquent to being discharged and I had many collection agencies calling me I started paying off accounts but it is still affecting my credit and just keeps bringing it down.

I want to get rid of all my delinquent balances on all of my delinquent and derogatory accounts. I would want to attempt to get rid of it all now at oncec but find it dificult with a really bad credit score and it is only getting worse as time progresses.

What can i do? It is about 2-4k dollars to pay off.


Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer


Dear Ana,

There is an easy answer to this. You need to get a current copy of your consolidated credit report. Here is a link to the consolidated credit report I use myself.

The consolidated credit report will show you what all three credit bureaus are saying about you and what you will see is that no one credit bureau lists all of your accounts. That’s why you need the consolidated credit report.

Next, I would suggest that you repay your debts using the debt snowball approach. You will probably find the debt snowball approach to be more emotionally rewarding and give you greater satisfaction and motivation to keep going.

It will take a bit of time to get out of debt this way but it can be done. And once you do pay off your debts, your credit score will begin to improve. The next step will be getting new credit again to add a new, good credit history, to your old bad stuff. That will help to bring up your credit score even faster.

Big Hug!

How Can I Get Rid of My Delinquent Balances?   Ana
Get Out of Debt Guy – Twitter, G+, Facebook

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • rups

    It sounds like you’re creating problems yourself by trying to solve this issue instead of looking at why their is a problem in the first place.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.