I have 2 year left on my bad credit report, what can I do to start rebuilding know?
355820
My bank is offering me this "Credit Builder Loan".  Basically, they are puting 500.00 into my savings acount, and I can't touch it.  I will be making monthly payments on it (including interest) for 6 months to a year, and then I will "own" the money.  So all I loose is the interest... much better option than those credit cards that charge up front and end up with you being in the hole or with 0 credit and they took 300.00 or more in fees before you even started.
210430
Please check the links I have listed below. They will help you sooooooo much on your journey to reestablish credit. There is a listing for bankruptcy friendly creditors as well as a fantastic group of ppl that have been in your shoes to help you with each step of the way.\nFirst I recommend you get copies of your credit reports and check them over for accuracy. You want to have a good idea of what's on your reports since bankruptcy so you know where to go from here. Good Luck!
179394
You have to find out which credit reporting service gave you the bad score.  If you have recently been turned down for credit, I believe they have to tell you which credit company they used, and that company has to provide you with a report.\n\nIn addition the three major credit reporting agencies have to provide you with a free credit report once a year.  (they will try to sell you other services when you sign up, but you don't have to take them)\nThat may give you the information that you need.  Sometimes it can be a surprising thing: Someone I know got a reduced credit score by closing unused credit cards.  This changed the ratio of available to used-up credit and damaged the score.\nhttps://www.annualcreditreport.com/cra/index.jsp
814380
Talk to your attorney or pull your credit. It depends on if it has been discharged yet.
991465
As a former financial counselor seeing the number 7 makes me cringe. I am not sure where people get their information, but the "7 year" rule is something from the past. Realistically nowadays, depending on the type of debt, negative credit history can remain on your credit report up to 10 years, sometimes even longer than that. Collection agencies make it a regular routine to sell older accounts from one to another, each time reporting it as a new uncollected debt on your report. As far as bad debts, the statutes of limitations, which varies by state, is 7-10 years after your first delinquency. That is, this is the amount of time that can pass before the lender is no longer able to take any legal actions to satisfy the debt. If I were you, I would make an honest attempt to pay off some of these debts in order to improve your credit rating. It's always better to take action than to sit back and wait for things to happen. Bad credit isn't fixed overnight. It takes time and energy on your part to correct the situation that you put yourself in. Be patient and make an effort, and you will see your credit rating improving over time.
272294
I assume you mean your BK was discharged 1-1/2 years ago.\n\nThe previous answer concerning waiting 2 years after BK only apply to FHA mortgages, which may or may not work for your situation.\n\nWhat steps have you taken to "fix" or "clean up" your credit?\nWhat have you done to "rebuild" your credit?\n\nDo you know your FICO credit scores?\n\nIf you don't you should go to www.myfico.com/12 and spend the $45.00 and get your real FICO scores(the ones lenders use), that will also give you the top 4 reasons why your credit scores aren't higher, which will give you a game plan to increase your scores.\n\nIf you want more specfic suggestions for your situation feel free to contact me at creditguru@earthlink.net
281119
You must first understand how your credit report and credit score is figured out.  Go to the links below and learn about them.\n\nYou already paid off your debts, which is great.  But you made a mistake in not getting an agreement from your creditor to remove any bad reports off your record.  \n\nThey may still do it for you if you ask nice.  Ask them to change the account to "paid as agreed" or at lease remove the negative report from the records.  \n\nBy fixing any negative report it will help to improve your credit score.\n\nNext, study the MYFICO site and understand how your scores are calculated.  Then take the tips they give in improving it.  \n\nIt will not happen overnight.  There is no magic bullet that will fix it.  \n\nAnd don't fall for the claims from Credit Repair Agencies that they can fix it either.  They will do the very things I've mentiond, but charge you a few hundred dollars.\n\nGood luck
1127393
Check you credit report\n\nget a free on on www.annualcreditreport.com
729282
if you've had bad credit, it's tough to get a credit card, since this is an unsecure loan to you.  settling the debts is pretty bad too because it means you're paying less than amount owed.  best solution to work and rebuild  your credit is to open a secured credit card if need be, use it and pay it promptly and on time. after you are consistently paying this on time.. try again to get a new card.
908646
Some credit is available to people with bad credit experience.\n\ngood luck !
521667
When a company looks at your credit report they can go as far back as they want. Yes it may technically have fallen off your credit report but it could still affect you in the future. The things you haven't paid will find you. So it boils down to what do you need good credit for? A car you're fine. A house you need to fix that. Eventually you will need a house loan so it's best to be prepared. Live a little tight and do without a few things. But good credit is worth it.
116140
get a co-signer to secure your credit card.  they can help you re-build it.  otherwise you have to wait something like 10 years to get the collections to drop off of your report.
181310
You should take action right now to start to clean up your credit.\n\nTake your discharge letter and the list of creditors notified and send that to the 3 credit bureaus asking them to change the reporting of those accounts as "Included in Bankruptcy". This will take about 30 days. \n\nYou will possibly see some of the accounts deleted do tho the fact that some creditors "write off" the discharged debts due to your bankruptcy. Other creditors will change their reporting to be included in bankruptcy. Still others will report the late payments they showed before your bankruptcy and won't change it because they legally aren't required to.\n\nCheck out Stephen Snyder's website www.lifeafterbankruptcy.com He does free seminars nationwide to show you how to clean up your credit and re-establish good credit as fast as possible.\n\nGood Luck
102472
Beware - once you get a credit consolidator involved, most lenders treat it the same as if you went bankrupt. If you are so far gone that you require the services of a consolidator consider filing for bankruptcy, here's why.\n\nYou get through bankruptcy and can begin establishing credit again once the bankruptcy is discharged. Your report is clear 7 years after the discharge.\n\nYou go to a consolidator and it takes 4 years to get clean. Then you need to wait an additional 7 years for your report to get clean.\n\nYou can get clean in about 8 years by filing or wait 12 years and pay a consolidator a boat load in fees for the first four years.\n\nIt's not a pleasant decision to have to make.
246507
I'd check your credit report.\n\nhttp://annualcreditreport.com is free, no catches, nothing to join.
1141821
It was like reading my own history. I completely bombed my credit in college and even now am still feeling the heat from it. This is what you need to do:\n\n1. Get  a copy of your credit report and take note of all the negative marks. You can usually get companies to take out negative marks on your credit report if you pay in full or set up some sort of payment plan.\n\n2. Consolidate your debt into a single payment. Do this by looking around for "debt consolidation loans" from your local banks or financial institutions. This way you can pay off all those debts and get your credit back on track.\n\n3. Prepare for a long haul. It takes 7 years for bad credit to come off your report. So be prepared to face the consequences of what's already happened. Don't cancel your credit cards that have no annual fees. Hold on to those because you may not be able to get new cards for a while.\n\n4. Pay your bills and rent on a timely basis for the rest of your life!\n\nI'm at the end of my 7 years and have seen my credit score go from 540 back up to 682 now and hopefully when this last black mark is off, I'll be back over 700!! yay! Good luck and remember there is always a light at the end of the tunnel!
917093
If it has been over 4 years don't worry about it. You will actually do more damage to you credit by paying them off now because your credit is mostly about the last 2 years so if you pay them off now it will show up as a bad account now and drop your credit score.\n\nIf it has only been a year or 2 you can get a free copy of you credit report by calling the credit reporting agencies and it will have the name and contact info for all of you creditors on the last 2 pages.