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I Want to Start My Own Business But I Have Bad Credit. – Rondell

Written by Steve Rhode

“Dear Steve,

49 years old….i work construction…i make pretty good money…i want to start my own buisness…with in the next two years…my credit score is in the dumps about 580…im very shame of this…at one time i had a credit score of 750…i didnt take any of it serious…want to better my credit score and financial situation..

Im $15,000…in debt school loans…hospital bills…ect…old credit cards…alot of my credit card debt has been sold off to other companies over and over again…i really need to know what is the first thing i need to do to clear up all my debt….to the last thing i need to do before i can actually open my buiness….please help


Dear Rondell,

What type of business are you starting? I’m interested. I love to watch people launch into the joys of own their own business. However if you you’ve never done it before, watch out, there are pitfalls as well. It’s not all fun stuff.

I think my previous post How to Easily Rebuild Your Credit and Have Good Credit Again should do the trick for you.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

About the author

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.

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