Questions about Credit
Date: Mon, 08/27/2007 - 17:53
(corny i know)please bare with me basicly my credit is shitty four of my cards were recently canceled because i went 90 days with out paying the minimum visa,master,blue,and amex (my buddys)my questions are 1:can i possibly get these particular accounts back if i pay them in full in a certain amount of time?2:is there any way to make a lesser payment than what is on the statements and if there is an option for lesser payments will that show -or+ on my credit reports 3:i also have federal and state payment issues under my bussiness that im in the process of paying in full i was wondering should all my credit and tax problems get paid off and i dont owe anyone how long would it take for my score to start rising? 4:this is my first time visiting this forum nd i was wondering how can i be a smart guy like you? :wink:
Answers to your questions: 1. Depends on how willing the credit
Answers to your questions:
1. Depends on how willing the creditor is and who you speak to there.Look for retention dept.
2.If you pay less than the minimum due on an account,you are technically in default.They would be allowed to report this to the bureaus.Contact your creditors about an in house repayment plan.
3.Federal&State taxes issues should have an attorney or Cpa consult to explain them.
4. I have had 16 years of paying my bills on time to learn the credit system and the rest is basically reading a ton of laws and information on line.
