tez22 Posted September 8, 2007 Report Share Posted September 8, 2007 Hello Everyone, I'm here trying to get some information and advice on how to get my credit on track. Ok here we go...CREDIT CARDS:Hooters $500CL-$400 balOrchard Bank $500CL-MOHSBC$1250 CL-MOCap.1 $500CL-$470 balAspire $700CL- $620CLOTHER ACCTSDell $1500CL 60days past dueCrown Jewelers $160 bal due / 30 days lateBank of America $107 OVERDRAWNWamu $190 OVERDRAWNCarloan NO LATESMortgage NO LATESI am VERY embarrassed about this, but I really do need your help:-( I'm looking forward to buying another home in about 2 years, but My credit SUCKS.I started going downhill about 6 months ago after me and my SO went our seperate ways. Now I'm wondering if I need to file bankruptcy or what?Someone please help me.Thanks In Advance. Link to comment Share on other sites More sharing options...
tez22 Posted September 8, 2007 Author Report Share Posted September 8, 2007 Bumping for advce Link to comment Share on other sites More sharing options...
scottb99 Posted September 8, 2007 Report Share Posted September 8, 2007 Not knowing your financial situation it is hard to say, BUT if it were me...I would bring the lates current, pay the over limit ones down to within limits. DON'T CHARGE ANYMORE. Pay as much as possible on each account on time until they were paid down. You are not in bad shape, just need to take care of these NOW before they get too far out of hand. Link to comment Share on other sites More sharing options...
samuelson2005 Posted September 8, 2007 Report Share Posted September 8, 2007 Get the book, Good Credit is Sexy. Read the primer for repairing credit.http://debt-consolidation-credit-repair-service.com/forums/showthread.php?t=263069Get copies of CR for all 3 CRA. Read the posts on this site. Read the posts on this site. Search the forum for topics that you need info. Link to comment Share on other sites More sharing options...
zfire Posted September 8, 2007 Report Share Posted September 8, 2007 You aren't in that bad of shape.If you have the income start paying these accounts.Agree with Scott..don't charge anything. Just pay.My credit was oh a hundred times worse back in 2000...it take some timebut you can get this in good shape fairly quickly. Link to comment Share on other sites More sharing options...
tez22 Posted September 8, 2007 Author Report Share Posted September 8, 2007 Hi Scott...My income is kind is around $500 per month AFTER I pay all of my bills(mort.,utilities, kids things,etc.) :cry: I've been trying to find me a PT job, but no have called me. But I'm just doing whatever I can, with what I have. Link to comment Share on other sites More sharing options...
tez22 Posted September 8, 2007 Author Report Share Posted September 8, 2007 You aren't in that bad of shape.If you have the income start paying these accounts.Agree with Scott..don't charge anything. Just pay.My credit was oh a hundred times worse back in 2000...it take some timebut you can get this in good shape fairly quickly.Thanks! Link to comment Share on other sites More sharing options...
swirlgirl Posted September 8, 2007 Report Share Posted September 8, 2007 Tez, you are not in bad shape at all. Just a little behind. I'd suggest clearing up the overdrawn bank accounts first. When those are cleared, set up automatic bill pay for all of your accounts. Pay the Dell and Crown Jewelers first to bring them current.Also, as everyone else has said, stop using your cards for a while and pay down the balances by making double payments if you can. With the automatic bill pay, you can time your payments to correspond to your paydays. That way the money is always there. Link to comment Share on other sites More sharing options...
zfire Posted September 8, 2007 Report Share Posted September 8, 2007 Everyone here in in the same boat.So you are not alone.Z Link to comment Share on other sites More sharing options...
scottb99 Posted September 8, 2007 Report Share Posted September 8, 2007 Not sure what the rest of your credit situation is like or what your scores are, but you may want to consider a credit union loan to pay all those off, put them away, and pay on that loan, doesn't seem like too much debt. It will help your credit as well. The important thing is if you do that DO NOT CHARGE ANYMORE. Link to comment Share on other sites More sharing options...
Moriah4 Posted September 8, 2007 Report Share Posted September 8, 2007 Make a Budget Figure out where your money is going Once your Budget is made Figure out how to bring those accounts currentHave a yard sale Find a House mate. to share expenses Make a plan and Stick to it. Put the CC in the Sock Drawer or in and Ice Tray what ever it takes not to use them. Read Read REad Try to keep any account from going to collections work with OC ask for hardship etc. Lots of info here Moriah Link to comment Share on other sites More sharing options...
tez22 Posted September 8, 2007 Author Report Share Posted September 8, 2007 Thanks again, YOU GUYS:cry: Link to comment Share on other sites More sharing options...
tez22 Posted September 8, 2007 Author Report Share Posted September 8, 2007 Not sure what the rest of your credit situation is like or what your scores are, but you may want to consider a credit union loan to pay all those off, put them away, and pay on that loan, doesn't seem like too much debt. It will help your credit as well. The important thing is if you do that DO NOT CHARGE ANYMORE.I tried to get a loan through my CU, I was denied:( Link to comment Share on other sites More sharing options...
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