help
Date: Tue, 06/01/2010 - 09:24
i want to know how to clean up my credit and build it too. i have been paying off things on my report i only have a feew things left to pay. i tried to apply for a secured credit card and was denied. i dont know where to start and what to do.
I would not recommend taking out junk debt in the name of ??
I would not recommend taking out junk debt in the name of ???building your credit???. Paying a credit card company a bunch of money to improve your score is ridiculous. The best way to repair credit is to start settling and removing any bad line items on your credit report. If you can get the negative items off then your score will improve and you will become illegible for normal loans. I wouldn???t carry a balance to build credit either. In my opinion, the only two valid reasons to borrow money is either a car or house. If you save 20% or so down for a car then you should be able to get a legitimate loan even if you score is not in the 700???s.
