Fix Credit Report – Repair Boost Score Ratings

first85135 asked:


First of all let me first say I was young and dumb at 18 and got credit cards beyond my mean .. I was working for a retail store so I got two retail store credit cards which I know the APR was up there. I am currently 23 and trying to fix my credit up cause in a year or two I’m looking to buy a house with my husband. When I checked my credit report I found this under a credit card …

Paid, was a collection account, insurance claim or government claim or was terminated for default.

What does this mean?? I never paid them (I think) .. and I think this is one of the retail store credit card.

My current debt according to my credit report is $1900.00 .. my credit score is really bad at 528. If my husband whom is good with making payments to his cards .. put me on his cards as a second card holder .. would it improve my score?? will it lower his score??

Thanks in advance!!
And another thing it says that a different credit card was transferred to collections but it does not show the collections acct .. how would I get this infomation?
And another thing it says that a different credit card was transferred to collections but it does not show the collections acct .. how would I get this infomation?

Marilyn

oskieBoMajors asked:

Fix credit report errors. The average Aamerican credit report score. Debt to high credit ratio too high and too many revolving credit card accounts. 721 beacon score.

Manuel

Ryan J. Taylor asked:




If you are planning to get a loan or apply for credit, you’ll want to boost your score before applying for credit. There are a number of things you can do to immediately increase your rating, which means you’ll get approved for more money or a nicer car.

One strategy to do this may be one of the most overlooked strategies for fast credit repair. It involves improving your credit to debt ratio.

Your credit to debt ratio is simply the amount of money that has been extended to you as it compares to the amount that you have used. In other words, it looks at how close you are to maxing out your credit cards.

If you have a $20,000 credit card and have a $10,000 outstanding balance, your current credit to debt ratio is 50 percent. Lenders like to see a ratio below 35 percent, and the better you manage that ratio, the better your credit score.

Most people immediately think that in order to improve this ratio that they have to pay off their credit cards, but there’s a much simpler way to achieve this goal. Simply call your credit card companies and ask them to increase your limit.

They may hesitate, but there are a few things you can do to make sure they do this for you. Ultimately these companies want to keep your business and make you happy. When you use particular strategies that may threaten your relationship as a customer that makes them money, credit card companies are much more likely to comply.

As a result of boosting your spending limit, you’ll instantly improve your credit to debt ratio. This will be reflected in your credit file and your score will also improve. All in all, it should take no longer then 5-7 minutes to figure out your current ratio, how much you need to increase your spending limit, and negotiate with your credit card companies.

Sandra

Brooke E asked:


My credit score is like a 520 and I want to consolidate the bills that are on imy credit report, but every company that I call won’t help me because my debt is less than $10,000.00. I really need to buy a new car, but with my past credit history it seems impossible. Please let me know of any companies that can help.

Stanley

Tom G asked:


A debt collection agency mistakenly placed a legal judgment on my credit report. I have a son with the same name that used to live at the same address and the judgment properly belongs on his credit, not mine. What can I do to fix this?
What law(s) have they broken?
What is my best recourse or course of action at this point? Please do not tell me to contact an attorney, because I intend to, but right now I am just trying to educate myself on the matter.

Thanks!

Bobby

Tom G asked:


A debt collection agency mistakenly placed a legal judgment on my credit report. I have a son with the same name that used to live at the same address and the judgment properly belongs on his credit, not mine. What can I do to fix this?
What law(s) have they broken?
What is my best recourse or course of action at this point? Please do not tell me to contact an attorney, because I intend to, but right now I am just trying to educate myself on the matter.

Thanks!

Joe

hiteklife1 asked:

www.hiteklife.com

Gregory

fadi asked:


he owe on a houe like 300 thousands dollards and it is shown on my credit report i need to fix this and i don’t know where to start from any suggestions

Edith