Im recently divorced m ex screwed my credit now I cant catch up. Are there any banks that give people second?
Answers:
Try small local banks. They may be more likely to take a chance on you as they yearn the cash flow. The big guys (Chase, BofA, etc) are more likely to follow the formula and deny you outright.
Good luck.
Well what you want to do first is credit repair
- get copies of all 3 of your credit reports, with fico scores and write letters to each beurau to correct any errors you find
http://www.myfico.com/products/ficokit/d...
- on recent outstanding debt, work with those creditors to settle the debt for a lesser amount or a new repayment plan
- after you start on that you should be able to get a credit card with a low limit, keep in mind the interest rate might be ugly
You also I think should get Suze Orman's new book on Women & Money to start you down the road to credit recovery!
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