Do you have bad credit? Learn how to clean up your credit report, improve your credit score, rebuild your credit, choose a reputable credit/debt counseling agency, and avoid common credit repair scams.
If you want to clean up your credit file, steer clear of credit repair clinics. These companies claim they can fix your credit, qualify you for a loan, or get you a credit card. But there's no need to pay a credit repair clinic hundreds or thousands of dollars -- you can do all of these things yourself. And some credit repair clinics use questionable tactics that can land you in hot water.
The creditor reported a repossession on my credit report but did not sell the vehicle until two months later. I had the right to get the car back if I paid the late fees and charges, although I didn't do it. Can a creditor place a repossession report on a credit report before the vehicle is redeemed or auctioned?
My husband and I are not divorced yet, but we're well on our way. We have a number of joint accounts, including a joint checking account. The money in the account is mine, but I'm afraid he's going to use it. Yesterday I went to the bank to take him off the account. They said they needed my husband's permission. Maybe I'm volatile these days, but I got upset and stormed out. Now I'm thinking maybe they were right. Any advice?
I was forced to declare bankruptcy last year because of a layoff. I managed to hold on to my house because I did not have equity in it. I have a new job at 60% of my previous salary and am having trouble making ends meet. I would like to negotiate a lower interest rate with the mortgage holder, but am not eligible for refinancing because of the bankruptcy. How can I approach the lender about this? I am assuming that the bank would rather continue to receive my mortgage payments than foreclose.
I filed for Chapter 7 bankruptcy seven years ago. I've been told that it takes ten years for a Chapter 7 to "fall off" your record. Is there anything I can do in the meantime to get a lower rate on my car loan and credit cards?
I bought my home a few years ago. The previous owners carry the first and only mortgage in the amount of $225,000. I gave $45,000 for the down payment and my payments are $2,000 monthly. I have never been late with a payment. Because I would like to establish good credit, I would like to have this information included in my credit report. Is this possible -- and how would I go about it?