Posted on: 13th Jan, 2009 07:24 am
My score is low, ~400, due to some previous mistakes. I am in a position financially to take responsibility of my past actions now. And I would like to "make it right" between me and my creditors. How do I even start? I don't know who or what I owe. I have kept my head in the sand for the past few years after college because I couldn't do anything about having to pay anything back. I am requesting a forbearance on my school loans to bring them up to date. But now I need to attack the other items on my credit report. Can someone please help me?
Hi NathanAReuter,
You can get hold of your credit report and check out who your creditors are. You can contact the credit bureaus and get your credit report. You can also check out the following link to find out some easy ways to improve your credit:
http://www.mortgagefit.com/credit-rating/credit-repair.html
You can get hold of your credit report and check out who your creditors are. You can contact the credit bureaus and get your credit report. You can also check out the following link to find out some easy ways to improve your credit:
http://www.mortgagefit.com/credit-rating/credit-repair.html
Hi Nathan
You should first pull out your credit report and find out the names of the creditors to whom you owe the debt. One credit report is free from each of the three bureaus each year as per the Federal Law. Now, you can send debt validation letter by certified mail to each of the creditors to whom you owe the debt as per the credit report. If the creditors validate the debt within 30 days from the date they receive your letter, try to come to a pay for deletion agreement with the creditor first and repay off the debt through a settlement plan.
You should first pull out your credit report and find out the names of the creditors to whom you owe the debt. One credit report is free from each of the three bureaus each year as per the Federal Law. Now, you can send debt validation letter by certified mail to each of the creditors to whom you owe the debt as per the credit report. If the creditors validate the debt within 30 days from the date they receive your letter, try to come to a pay for deletion agreement with the creditor first and repay off the debt through a settlement plan.
First thing first get a credit report. You can get a free once a year. Then from there check who you owe money and how much. And if your late. Then call and try to work a payment option out. Some of them will even lower how much you owe them just so can pay them back faster.