Thursday, December 06, 2007

Chapter 13 dicharged but I can not get approved for a credit card

I am sure that I am not the first and surely not the last to email you about my sorrows from bad credit. Let me ask you this. I have tried and tried to get credit to make good credit but no one seems to be willing to take that chance. My husband and I filed Chapter 13 three and a half years ago and since has been discharged. We did it the correct way made payments on time and waited patiently. Now we are trying to get credit but our reports are not showing many in good standing accounts. What do we do? I have ordered our reports and disputed what I was allowed and our score has gone up a little but how can I get the others to get off there and show paid or settled or heck even in good standings? Thanks for you time.
-----------------------
start with some gas cards. Go to a Bp oil station, exxon, shell

send certified check with your application
shoot for 300 dollars to start. after one year you should have increased your 300 to at least 420 or 10 dollars more than you spend each month. The 400 become your new high credit limit by default same as the 300. With 1 year of good payments you are on your way.

go to your local bank and borrow 500 for christmas. make sure they report to bureaus. Pay the money back each month with the money you borrowed. Make the loan last at least 12 months. Go in each time you make a payment and get to know the bankers a little each month for one year.

1 comment:

Jack Payne said...

Once bad credit has resulted in penalty, it should be corretable by good performance.