Wreck your Bad Credit, Build Good Credit: [47] Requesting Payment Options to Repair Credit

When you are in debt the best solution for repairing, your credit is to ask for extensions, or arrange payment plans. If you have student loans, you can call your loan officer and request deference on your payments. If you are turned down on deference, you can ask for forbearance. Forbearance is a postponement of your monthly installments. … Read more

Wreck your Bad Credit, Build Good Credit: [46] Options to Avoid in Credit Repair and Building

There are several options available that make people believe it is a solution for freeing themselves of debts. One solution you want to avoid is borrowing money from finance companies. The companies that advances for consolidating loans and requires that you put your home or car up for collateral are often a source for getting you’re in deeper … Read more

Wreck your Bad Credit, Build Good Credit: [45] Knocking Down the Debts with Credit Repair

If you take a hard look at your situation and analyze your debts carefully, you might just find a solution to knocking down the debts. Debts are bills we owe to creditors, someone or source that has extended us a line of credit believing that we will pay the debt on time.   When creditors notice that you … Read more

Wreck your Bad Credit, Build Good Credit: [44] Keeping Track to Repair and Build Credit

Keeping track of your spending and diverting a budget plan is often a better solution for repairing credit and building your rating. If you file for bankruptcy of debt consolidation you are only adding more headaches to an already bad situation. Bankruptcy goes on your credit report for more than ten years in most cases. When lenders see … Read more

Wreck your Bad Credit, Build Good Credit: [43] Student Credit Repair Solutions for Building Credit

There are solutions for students to repair their credit. Believe it or not but it is possible to get out of a student loan obligation. First you must determine what type of student loan you owe. Once you come to this determination you will next need to contact the proper sources and ask them to terminate your loan. … Read more