How to clean your credit history up, I have been trying to get my credit score up. I have had a auto loan?

Answers:2   |   LastUpdateAt:2012-09-07 03:35:02  

Asked at 2012-08-24 02:37:20
refinanced , has negotiated a car drive better have a credit card , and paid stuff on my credit report . I have a credit card and limit is 250.00 , but I am still unable to get credit . I 'm not understanding what I'm doing wrong .
Answer1DayoAnswered at 2012-09-05 15:32:07
If your FICO score is terrible and has bad history , it can take seven years to clean . In order to do that you have to pay your revolving account balances (credit cards , store cards , etc ) 90 to 100% every month without delay. If you did this , for more than six months , you can earn 70 to 100 points from the FICO score . As for the longer-term loan , such as auto loans , make regular payments on time without losing a single payment . MedlinePlus MedlinePlus People with bad credit have a terrible habit , you're spending a lot more work capacity . To become debt free, not only to make regular payments , but you need to increase your income . Get a second job if necessasry to pay debts . At the same time , the curve of your expenses . Buy what you really need and stop buying so I just want to be like buying a car better and adding more debt. MedlinePlus MedlinePlus Wy do not you stay with old car and pay in full before you get another ? A smart person would have kept the old car , pay it and waited for it had saved enough for a down payment larger in a new car, and only then , buy a new car. The monthly payment will be lower and the time will be shorter . MedlinePlus MedlinePlus You also need to learn from their mistakes . If you keep making the same mistake over and over again , keep buying more things than you can really afford , you will never get out of debt .
Answer2StineAnswered at 2012-09-07 03:35:02
It takes a while to build a good credit . A credit limit of $ 250.00 is nothing (I have a Citibank card with a credit limit of $ 25,000 in the same ) . I would try opening some smaller cards , like a gas card , Sears , Kohls , Target , etc MedlinePlus MedlinePlus Use it and pay in full each month . All you can do is continue to use the cards and do not get into debt! MedlinePlus MedlinePlus Eventually you start getting offers for larger cards such as Visa . Open another and again , use and pay immediately. They will begin to increase your limits as you use and strengthen your credit. MedlinePlus MedlinePlus And with the current financial crisis , it will be harder to get loans .
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