credit repo bad credit question?

Monica Voltin: If he's in an extremely undesirable automobile loan, his credit is probable already shot. human beings are not getting somewhat undesirable automobile loans except they are able to't get good ones. Why does he think of he can get a good automobile loan now? If he somewhat can get a good automobile loan now, he would be extra beneficial off to refinance his modern-day automobile than to stroll far flung from his modern-day loan. so some distance as what proportion factors it is going to drop his score - it relies upon on countless aspects, even though it somewhat is going to be an important hit - almost as undesirable as a foreclosures on a house, considering that human beings will oftentimes provide up paying each and every thing else to shop their living house and their automobile....Show more

Lucille Saetteurn: You didnt say how old you are now, but usually bad credit like this is off of your credit report at most 10 years. The older it gets the les! s it affects your rating. If it isnt off of your credit you can contact the credit bureau and have them remove it after it has been on there long enough. You also didnt say whether or not there is any other negatives on your credit report. If there are, my advice is to pay them off and request they remove it from your report and report it as having been paid. If you pay off the debts that are being reported your credit will slowly go up.Stay employed, stay in one place, and eventually your credit will improve. Also, open a checking account and savings account. You can find a credit card that is secured that reports to credit bureaus. Use it very little and leave it open. In time you will be on the plus side of things. Keep a watch on your credit reports, they are usually full of mistakes and you do have to challenge them from time to time. Go to freeannualcreditreport.com to see where you stand and if there are any inaccuracies. Dispute them immediately.Good luck!!For adv! ice on other things home and finance related checkout my artic! les here..http://www.ehow.com/myaccount/overview.html...Show more

Lawanna Livsey: You've said it all! You earn 60K a year, have a take home of about ~42K and you have "no bills". Save up and pay cash for everything. Use a debit card which come right from your checking account.You don't need a credit card.

Joni Ziak: try vanquis or capitol one and see will they give you a card to build up your credit

Inez Relihan: Yes, the delinquent accounts will fall off your credit report 7 years after the date of first delinquency. A great way to build up credit would be to get a secured credit card. Those are great tools for building/repairing credit and after a few months they will usually "unsecure" and work like a regular credit card....Show more

Cody Shimko: There are a couple things you can do: You could try simple credit repair to try to remove the repo. This should work. Your score will not necessarily go up as much as you might like or think. You may ! have to add an authorized user tradeline program to raise your score and have atleast something positive on your report. Good luck.