How to Get Clean Credit!

Posted by John Wells on 8:55 pm. Filed under Credit Tips, Photo Gallery Category. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

There are ways to get clean credit. In order to get started, you will need to get your credit report from the three major credit reporting agencies, which are Trans Union, Experian, and Equifax. It also helpful to get your credit report to see if their are any mistakes. This is the first step of credit repair.

Clean CreditYou can also see what bills you have. You can start with those first and see if you can get those paid out. You don’t have to pay each debt out at one time. You can contact one bill collector at a time and settle for a price.

When settling, don’t give in. Offer the bill collector, what you can pay, even if it’s $500 on a $2,000 loan. Keep working your way through each bill until all of your bills are paid.

Sometimes some bill collectors won’t want to settle. They will offer you a payment plan. This may not be helpful because it will take forever to pay the debt out and it will stay on your credit as well. Your goal is to clean your credit.

Bill collectors who refuse to settle can be skipped. You are offering them what you can give them, but if the bill collectors refuse, their is nothing that you can do. Sooner or later, the collectors will call you and decide to take the settlement payment.

After all of your bills are paid, check your credit report again. It will cost you to get a second copy, unless you save your original report. Contact each agency, so they will know that those bills have been paid.

The three reporting agencies will investigate and if it proves to be true that the debts have been settled, the debts will be removed. You will have clean credit again.


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