Is there any way to rebuilt your credit ?
Answer:
For one, you need to wait till it is removed (7 years).
Best way is to go by own experience. You may consolidate your number of accounts into manageable numbers and go on.
Check if you can avail bad debt loans, but prefer secured one, that is if you are left with your home equity.
Add a second source of income. But the best thing you could do is save your marriage if it appears imminent. This could devastate you further, if you don't hold it.
Act with due diligence and jurisprudence. Gud Luk.
sure. wait for a few years or more and your bad credit will be deleted.
Yes 1st you need to pay off all credit cards, then close them til you only have 5 accounts open on your credit. The cards you keep need to maintain a credit balance that is = to or >60% of the high credit amount of that card. If you have any collections that are within the last year pay them. If they are older than 4 years just let them stay there and have a good story for what happened.
Yes you can. The best way is to get an Orchard Credit card with a $300 limit and never charge more than $100 on it. Pay it off every month. Pay off any debts you have, Don't take out any unnecessary loans, and get delinquent acoounts paid up. Within a year your credit will skyrocket.
Remember: the credit card is the credit bureau's way of measuring your discipline!! Never charge more than 1/3 of it, and pay your bills on time.
you've got to pay for those debts first
Try getting your self together,start paying everything on time. It's going to take a long time to get back on track. Hope everything works out!
Yes, do not add anything to it at this time, pay on time and if paying on a credit card, pay it off at the end of the month is possible but always make more that the min. payment.
Yes! "See Raising Your Credit Score"
http://finance-girl.blogspot.com/2006/09.
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