Tag Archives: rebuild credit

My Credit is Ruined and I Just Got Laid Off. How Can I Improve My Credit Once I Get a Job? – Tina

I recently got laid off and I have a lot of credit cards and other bills that I can’t pay. I have no savings and I recently checked my credit score and it’s already being ruined. I’m afraid if I don’t get a job soon I’m never going to get out of debt or save [...]

I Just Filed Bankruptcy and I’m Out of Debt, Now What Should I Do?

I noticed someone had recently searched for information the other day about what do to once they were out of debt. An excellent question and probably one I take for granted far too often. Getting out of debt generally involves digging yourself out or some sort of intervention like bankruptcy. The entire experience can often [...]

How to Easily Rebuild and Repair Your Credit After Bankruptcy, Foreclosure, or Reposession

Most credit repair scams and schemes and just a worthless waste of money and don’t help you to legally rebuild your credit. Here is a simple process I have advised people to use for years that does the trick for rebuilding and restoring your credit from any credit disaster. This isn’t some crafty or quasi-legal [...]

If My Father Buys Off My Past Debt Will It Help Improve My Credit? – Jonathan

“Dear Steve, I’m going through a lengthy divorce and custody battle in addition to having been out of work the last 5 1/2 months. My credit is pretty awful as you might imagine (mid 500′s). My debt including my car (roughly 15k) and a loan from my father for lawyer fees (20k so far) is [...]

Should I Pay My Old Debts or Just Let Them Fall Off My Credit Report? – Lucas

“Dear Steve, I got laid off about 6 or 7 years ago. During that time, all my accounts; credit cards… loans, personal accounts went into default. Today, over 6 years later, my credit is worse than it has ever been. I believe that all my credit cards,and accounts that went into default fall under “expired [...]

I’m Paying Off Old Collection Account But I Want Better Credit So I Can Buy a House. – Angie

“Dear Steve, Have several old collection accounts (most are over 2 years old). Also had late vehicle payments. Have since paid off the vehicle and bought another, which I am current on. Have paid off 3 other old collections, but still have about $3000 worth of debt. My score was around 590 a few months [...]

I Want to Repair My Credit Report and Improve My Credit Score After Debt Settlement. – Brian

“Dear Steve, I had 3 charge-offs on my credit report: (1) Capital-One–$5,200 (2) Macys–$1,300 and (3) Dell Financial Services–$4,200. I used a settlement company to pay these off (at about 50% rate, plus 35% of the savings to the debt settlement company). I have ~ 10 derogs reported on my credit report from a student [...]

Paying Off Debt In Collections. – Tom

I must admit–I was reckless and immature when it came to credit card spending. I was living out of my means through credit cards. By 19 years old I had 15 credit cards and more than $20k in credit card debts. When I turned 20 I couldn’t keep up with the payments and it all [...]

I Asked for Your Help Before in Paying Off My Debt. – LaQuanda

“Dear Steve, I asked for your help a while ago on paying off my credit and reestablishing some kind of credit. I took your advice and I am happy to say that I have paid off most everything except a repo which I am making payments on. I waited after paying some things off and [...]

Should I Just Let My Bad Credit Sit and Fall Off? – Lucas

“Dear Steve, Pretty much, at one point, i was living well…. then came the layoff. everything i had (including student loans, and car loans) went into default. now, almost 6 years later i am finally gettin back on my feet. All my defaulted debt is expired debt in colorado and their statute of limitations to [...]

My Husband Died and I’m Afraid to Look at My Credit Report. – Faye

“Dear Steve, In ’03 I moved 1100 miles from home with my husband.He got a job right away. 30 days later we found out he had brain cancer. He passed in ’05. I am in bad health but was denied disability until I turned 60. I am on widow’s benefits now. Neither of us could [...]

How Can I Build My Credit With No Job? – Maria

“Dear Steve, I just got my residency and would like to know how to start building my credit. I don’t work so I have no idea if lenders are going to give me any credit cards and my husband has bad credit that we need to fix too. How can I build my credit with [...]

I’m Not Willing to Go Bankrupt Because of the Disadvantages. – Lisa

“Dear Steve, I was divorced last year and now have a $4000 apartment debt that we incured soley on me. I have a repo’d car $20,000 and an accident bills looming over my head($10,000). So I have about $35,000 in debt how do I A: pay it off, and B: Rebuild my credit? Bankruptcy is [...]

I’ve Never Had Credit Cards. How Do I Improve My Credit Score? – Albert

“Dear Steve, My score is at 630 and I want to improve it, but how? I don’t owe anyone and have never had a credit cards really. How do I establish better credit? I owe only like some parking tickets (2) but other than that nothing. I bought a car years ago, I was late [...]

I Was a Client Caught in the Allegro Law Debt Settlement Mess and I Now Need to Reestablish Credit. – Georgia

“Hello Steve, I’m one of your readers mixed up in the Allegro mess. We’ve filed bankruptcy. Now, the task of reestablishing credit. I’ve been looking at Public Savings Bank. I saw your review. I wanted to double check and make sure this is a legitimate company. After Allegro, I don’t know if I can trust [...]