Author Topic: How to increase credit score  (Read 2385 times)

Offline helpusout

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How to increase credit score
« on: June 01, 2014, 04:31:23 PM »
Unfortunately, we had a bankruptcy in the past, and trying to get past it.
We have a secured capital one card, initially was $200 credit limit, now $750
Whats the next step in order to improve our credit? We are doing our best to get past this, but doesnt look like we can apply for anything for 7 years.

Offline Excalibur

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Re: How to increase credit score
« Reply #1 on: June 01, 2014, 05:23:07 PM »
It's an interesting question. I wish I had advice. I help people build their credit sometimes but wish I had advice for hour to fix old problems or mistakes

Offline sharabob

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Re: How to increase credit score
« Reply #2 on: June 01, 2014, 06:03:29 PM »
Perhaps a second secured card?

Offline Novo

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Re: How to increase credit score
« Reply #3 on: June 01, 2014, 06:13:44 PM »
Unfortunately, we had a bankruptcy in the past, and trying to get past it.
We have a secured capital one card, initially was $200 credit limit, now $750
Whats the next step in order to improve our credit? We are doing our best to get past this, but doesnt look like we can apply for anything for 7 years.
Having a car loan/lease (you can try to get it with a co-signer) and paying it down will also help you.

I had a negative account on my report for a year (which I fighted in court) but having a lot of other good accounts helped me maintain a nice CR and I was able to churn
(Might be that a bankruptcy is different then just a collection account)

How long ago did you file the bankruptcy?
I try my best :-\
Quote from: Centro
If you wanna go fast, go alone
If you wanna go far, go together

Offline sillypainter

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Re: How to increase credit score
« Reply #4 on: June 01, 2014, 06:15:18 PM »
how long ago did you file bankruptcy?
Having a car loan/lease (you can try to get it with a co-signer) and paying it down will also help you
I had a negative account on my report for a year (which I fighted in court) but having a lot of other good accounts helped me maintain a nice CR and I was able to churn
(Might be that a bankruptcy is different then just a collection account)

HUGE difference.

Offline Aaaron

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Re: How to increase credit score
« Reply #5 on: June 01, 2014, 06:26:46 PM »
How long ago was the BK?  It will fall off after a long while.

Offline frozy

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Re: How to increase credit score
« Reply #6 on: June 01, 2014, 08:36:49 PM »
7 years for chapter 13 and 10 for ch11 cmiiw

Offline helpusout

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Re: How to increase credit score
« Reply #7 on: June 03, 2014, 11:18:22 AM »
About 2.5 years ago. Doesnt seem like there is a real solution.

Offline mod

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Re: How to increase credit score
« Reply #8 on: June 11, 2014, 10:13:49 PM »
If someone has an incident that dropped their score (unpaid redl light ticket that went to collections) and little credit history, can adding them as au on a bunch of accounts help a lot? The score is currently low 500's and trying to think of ways to help.

Offline Novo

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Re: How to increase credit score
« Reply #9 on: June 11, 2014, 10:28:16 PM »
If someone has an incident that dropped their score (unpaid redl light ticket that went to collections) and little credit history, can adding them as au on a bunch of accounts help a lot? The score is currently low 500's and trying to think of ways to help.
if the only problem is the red light ticket then 1st pay the ticket and then dispute with CB
I try my best :-\
Quote from: Centro
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Offline mod

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Re: How to increase credit score
« Reply #10 on: June 11, 2014, 10:28:52 PM »
if the only problem is the red light ticket then 1st pay the ticket and then dispute with CB
He did that. Collection agency said that they would send letter to cb.

Offline Novo

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Re: How to increase credit score
« Reply #11 on: June 11, 2014, 10:30:05 PM »
He did that. Collection agency said that they would and letter to cb.
explain please
I try my best :-\
Quote from: Centro
If you wanna go fast, go alone
If you wanna go far, go together

Offline mod

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Re: How to increase credit score
« Reply #12 on: June 11, 2014, 10:31:15 PM »

Offline Novo

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Re: How to increase credit score
« Reply #13 on: June 11, 2014, 10:34:57 PM »
He did that. Collection agency said that they would send letter to cb.
don't wait for them just dispute it
I try my best :-\
Quote from: Centro
If you wanna go fast, go alone
If you wanna go far, go together

Offline Centro

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Re: How to increase credit score
« Reply #14 on: June 11, 2014, 10:37:30 PM »
Is there a way to check if I owe anything to any collection agency?