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How can you restore your bad credit?


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Answered 2011-07-20 18:39:24

Restoring bad credit takes time. You can start by requesting your credit report and dispute negative mistakes that you may find. Only the passage of time can improve your credit when you have legitimate negative remarks in your credit report.

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There is a credit card for individuals with bad credit called First Premier bank located in Souix Falls, South Dekota. This credit card company helps you build and restore some of your credit. They're interest rates are high, however I recommend them if you need to build your credit.



A secured credit card is one issued by any financial institution that have a certain amount guaranteed by you. Secured credit cards will help to restore your credit ratings and scores.


This company offers advice that you can trust, its easy to join, they help to restore bad credit or build up credit history, and they can be used at ATM's when most cannot.


Credit / Debt Management provides advice and tips on how to establish credit, improve credit scores, and repair bad credit.


A report about your credit that is bad.


google : "establish credit" Or use a credit restore company - they can help as well and get you off on a great score ;) Wayne


Yes, you can get Bad Credit Loan.


There are several things you can do to restore your credit. The essentials are paying everything on time, lowering your balances to increase your debt to limit ratio, and removing negative items off your credit report. The Fair Credit Reporting Act allows consumers the right to dispute anything on their credit report they believe to be inaccurate or erroneous.


Having bad credit a person limits themselves greatly on what credit cards they can have. The only card offered to people with bad credit is the Premier Bank MasterCard.


If you have a bad credit rating, you will have to pay a higher interest rate. This will be like a penalty for having bad credit.


There are a few websites where one can go to get information on mortgage lenders for bad credit. Realtor have an article on how to get a mortgage with bad credit. The Bad Credit Whiz website has a list of the top 10 bad credit mortgage companies.



If you keep maxing out your credit card and spending unwisely this is a good way for your credit card to accumulate bad credit. Another irresponsible behavior that will show bad credit is by not paying your bills on time.


a credit sore of 980 does this mean, I have bad credit??



Often you can get a mortgage with bad credit. Bad credit can, though, increase your interest rate, increasing your monthly payment.


Auto financing for bad credit means getting a loan for a car when one has bad credit. There are companies that specialize in giving loans to those with bad credit ratings.


It is very difficult to get a mortgage with bad credit. You will probably first have to raise your credit score.


The person with bad credit pays back the loan that the good credit helped him with in good payment statis. Have payment met on time or a little early will help the person with bad credit. The person with good credit is very generous with his credit. If the bad credit person does not pay on time or falters the loan. the Good credit person will have a problem . Not the bad credit person. Helping someone get back on their feet is a good thing. Make sure that your Good credit is not in jepordy.


The best way for people with bad credit to get credit is to rebuild their credit score, this can be done by clearing off past due bills and bad debts, how ever responsible users can avail of department store credit cards or some credit card companies will offer people with bad credit score history a special credit card.


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It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.


Collection agencies cannot restore your credit rating, all they can do is report if the debt was paid, or if a settlement was agreed upon. The credit reporting agencies are who you need to contact in order to get your credit rating restored, such as Experian and Equifax.



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