Completly in debt due to being young and stupid. was married; got divorced, not reciveing child support, etc
I am trying to find a way to imporove my credit score and pay off old debts. i was told a GOOD (get out of debt loan) Loan may be an option for me; I was told that the loan pays past debts and then I would just be paying to one company.
Typically you’d need a credit score above 700 to get lower rates and if you avoid going back into debt while you repay your debt consolidation loan it can make mathematical sense to use that approach.
LendingClub.com does report your positive payment history with them to the credit bureaus so between paying off your old credit card debt and leaving those cards open and you good payment record with LendingClub.com it can serve to give you great credit.
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