Tag Archives: rebuild credit

How to Easily Rebuild Your Credit and Have Good Credit Again

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

Lisa wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

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 [...]

Can I Get the Bank to Remove the Charge Off From My Credit Report? – Ellen

“Dear Steve, My credit score is currently listed at about 560 ish with Experian and Equifax. There are a total of 5 olds accounts all not more that 400.00 dollars. I paid 3 off and I’m waiting for my paid in full letter. the other two I am disputing because a junk debt dealer bought [...]

When Do We Start to Rebuild Our Credit After Bankruptcy? – Ed

“Dear Steve, I went bankrupt in 2006. It will be paid off this year (2010). I had a forclosure in 2007. I did not have to pay anything on the forclosure. My wife and I are now both employed and have good income. Bad credit though and want to get a home, renting now. We [...]