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Re-building credit, etc.

Date: Wed, 01/02/2008 - 13:09

Submitted by anonymous
on Wed, 01/02/2008 - 13:09

Posts: 202330 Credits: [Donate]

Total Replies: 3


As of the end of 2008, I will be debt free. I have two more old debts to pay off but I still need to rebuild my credit. I currently have two secured credit cards as well as my auto loan that I pay regularly that reflect on my credit report...but that's it. Can anyone suggest another method of credit I can get to rebuild my score?


You've already done a lot towards rebuilding your credit just by paying off your debts. Once they are completely gone, the only thing that will really help is time. The longer you pay on time on the accounts that you leave open, the more good reports get made to the credit bureaus. As time goes on, the oldest negatives drop off the radar. Eventually, the good outweighs the negatives.


lrhall41

Submitted by clickingfool on Fri, 01/04/2008 - 19:09

( Posts: 3 | Credits: )