Most of us have hit a bottom in our life leaving behind unpaid bills and bad credit. It is not unusual to be in such a situation after drinking and drugging. So I decided to tell you how I got my credit back after being below a 500 score on FICO. It is very easy to do, and it does take time. Here are a few tips that worked for me, and I actually have driven my credit rating up to 710 and have new credit cards.
The first thing is all those letters you get for being behind, forget them. Do not pay them. Find a credit company online that will work with you in deleting these negative remarks. Even if you owe on these they can be destroyed. It cost money but only about 45 a month, I don't want to endorse anyone, but hunt around for anyone that charges about that much. They usually dispute up to 5 items on your credit report and it actually works.
After that is done, your credit score will start to rise after a month or two, and you will be eligible for credit cards at the following companies. The score you will need to have is about a 600, Wallmart, Target, and Barclay Visa, JC Penny, Exxon, and others. These are the cards I was able to obtain. However be careful and do not max them out ..They all give pretty good credit to you even at a poor score of 600. They help you build credit if you let them sit and don't spend on them. Conns is a easy credit card store to get credit from. Besst Buy is another one that I found to be easy to get...
Too many cards can drive you stir crazy also if you start using them, pay them on time..Pay the full balance or more than the minimum payment..I made the mistake of maxing out my Visa cards and it has hurt my score again, so be careful.
If you need to take out a loan and have a credit score of 600 chose Springleaf Financial, they are reasonable, and they will loan on about 4k in money at 30 percent interest..Sometimes that is better on your higher interest cards.
I just thought I would mention this because I have been working on my credit for only 10 months now and I am fine as long as I can pay my bills..Good luck and God Bless..Chris Hyer10.30.2014
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