Tom Tessin asked:




Credit Score Low?

When you have a very low credit score because of difficulty in paying on a loan or other credit cards it is difficult to get a new card. Sometimes because of lack of work or medical condition a person has a problem paying their credit card debt. When you do not pay on your card or make late payments this causes you to get a low credit score. A low score can prevent you from getting a new credit card or making a loan for a major item. This is a problem that many of us are facing because of our failing economy. We all need to be able to use a card to make reservations for traveling, hotels, or restaurants in particular. Sometimes when we want to go to a concert or special event you need a credit card to buy the tickets or reserve your seat. It is very important to have a good credit score in order to get a card.

Secured Credit Card

You find that because of your low score that your card is cancelled and you are unable to get a new card. What can you do to get a card? The answer is to apply for a secure credit card because just about no one gets turned down for a secured card. The reason of course is because you secure the card by putting money in a savings account to cover the amount of credit that you are apply for guaranteeing the bank that you will pay them back. Most banks will approve this type of loan.

Evelyn

nezaone asked:

www.PaperChasePros.com Increasing a credit score is way easier than most people think, The fastest way I know is to use what I call the piggyback method, I used this method to increase my score two months before buying my home. credit card credit union bad credit credit debt credit…

Tyrone

msamadi1 asked:

Your credit fix, videos talk about credit report, credit score, credit repair, debt collection, collection agencies, bankruptcy, foreclosure, public records, judgment, taxes and more

William

OneMinuteU asked:

www.OneMinuteU.com how to get an 850 perfect credit score good credit debt

Shannon

Ken Mohn asked:




570. I was shocked and disturbed seeing the number that I long neglected checking. Must be some sort of mistake. No, that is what happens when you make a credit card payment SIXTY days late. So much for being approved for that new Honda Accord.

Monitoring your credit score is an extremely easy and important thing you can do to assure your current and future plans involving money transfer of any kind are safe. Less than two years ago, I lapsed on a credit card payment for no other reason than deciding not to open up a credit card statement that I assumed would contain a $0 balance since I had not used the card in well over a year. Unfortunately, I had forgotten that I used that credit card to purchase (how ironic is this) a CREDIT SCORE MONITORING SERVICE a year and a half before that had a yearly recurring fee if left not cancelled. I never used the service after the first week of purchasing it and I forgot completely about its existence.

My score dropped from the low 700′s to 570 because of my 60 day late payment. I should probably be happy I discovered I had a payment to make on my own rather than through the receiver of my telephone with a collector on the other end of the line.

There I stood, a 570 credit score, over $5000 in credit card debt, and I actually wanted to invest in real estate. That was why I finally decided to check my score in the first place. I wasn’t going anywhere with that score, so I started looking for ways to fix it.

The most obvious thing that came to mind after my search was that I should do whatever I could to pay off that $5000 in credit debt. But I had no money. I deciding against trying to take out a personal loan from a bank since I had terrible credit to begin with. That left me with the solution I dreaded most, borrowing from family and friends.

Before you close out this article while saying to yourself that you could never stoop to such a level, let me just remind you that the reason you are reading this in the first place is because you are looking for a way to fix your credit. I swallowed my pride and borrowed $5000 from a variety of sources close to me in order to pay off my credit debt. I made plans to pay these people off within 6 months, despite the hardship that would place on me. Honestly I wasn’t even sure it would help my score much, but even if it didn’t, I knew it would be better than having all that debt on my record. I couldn’t believe my eyes when I checked my score the following month.

654. Then the next month, 672. Now, 6 months later, it stands at 710. All I did was get that credit card debt off my credit report and transfer it to “private” lenders, namely those close to me who were willing to help. Reducing your credit utilization (how much you owe vs. the total of your limits) is the absolute best way to get your credit recovery plan off to a great start. Do whatever it takes to get your credit cards paid off, and you will reap the benefits in the very near future.

Jeremy

trashelle_miro asked:


My credit score is 662. I have around $7,000 in credit card debt, which can be paid in 5-6 months. My husband’s car will be paid off in a couple of months. I just purchased an used Audi, which will be our only debt. How long will it take to improve my score to 760 or above in order to buy a house in March?

Betty

msamadi1 asked:

Credit fix, 4 videos talk about credit report, credit score, credit repair, debt collection, collection agencies, bankruptcy, foreclosure, public records, judgment, taxes and more

Thelma

hotftuna asked:

www.debtplan.org Bad Credit Debt Consolidation, Consumer Credit Counseling, Debt settlement, Debt Negotiation, and Bankruptcy are subjects which will be discussed in A LIFE OUT OF DEBT. Please do not become discouraged or negative in anyway if you or your family are currently experiencing any of these phases. You are not alone, millions of Americans are in the same boat. Folks, the major culprit or vehicle which takes us to this crossroads is, unsecured debt. The good news is through credit counseling, and debt consolidation you can make it through these times, and move on to a less stressful life.

George

Capricorn82 asked:


I just very recently paid of all my credit card debt and I have been told to improve my credit I should get another credit card and pay on time (obviously) but I have been denied. Is there anyway I can improve my credit score without getting another credit card? and how long will it take for me to be approved for a credit card again? and how bad is my score if I wasnt approved for a credit card?
I appreciate everyone;s responses but my problem is that b/c my accounts went into collections the credit card compnaies closed my accounts. so I am starting over… that is my delimma.Thanks

Lucille

Lee Boogie asked:


I signed up with a debt management company due to a large amount of credit card debt I accumulated.This was after I read that this can be equivalent to filing for bankruptcy? Is it really that bad? Now that I have focused on paying off debt (on time) and budgeting, I am hoping my credit score can greatly improve in spite of the debt mgmt program? I have since canceled the program and I’m paying the debt myself.Thanks.

Please, no sarcastic “told you so” comments, I’m kicking myself enough as it is!

Johnny