Credit Solutions

Credit Solutions and Information

scary credit solutions
HIGHLIGHTS
  • The credit solutions available for you depend on your credit goals.
  • Start by pulling your credit report annually and making sure it is accurate.
  • Solve credit problems quickly, and get credit and debt help if you have problems.
Jan 13, 2012

What Credit Solutions are Available to You:

If you are looking into different credit solutions, how can you choose the best one? A key first step is to define your goals and what specific credit solutions you are looking for. Whether you need debt help, credit related loans, or help with your credit report, Bills.com can help you evaluate all possible credit solutions and help you find the best provider for your needs.

Which of the various credit solutions available is best for you will depend on what you are trying to achieve, as well as on your current financial health. Are you a homeowner? Then perhaps the best of the available credit solutions will involve using the equity in your home and getting a mortgage refinance loan. Is it credit card debt that is overwhelming you? If so, you will need to decide if your goal is to get out of debt at the fastest speed — or to lower the amount you are paying each month in monthly payments. You will likely want to examine both debt settlement programs as well as debt consolidation and credit counseling programs. Both of these credit solutions have pluses and minuses. Depending on what you wish to achieve, one credit solution approach will be better for you than another.

No matter what financial goal you are looking to achieve, please use Bills.com as your online resource for looking at all different credit solutions available to you.

Comments (5)


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Sharon S.
North Union Twp, PA  |  September 07, 2011
4 years ago my husband had several affairs and we are no longer together. I supported him while he attended and eventually graduated from college. During that time I took out an unsecured loan to pay his tuition and the nloan is in my name only. When our marriage broke up I was unable to pay the loan and he said he would repay it for me. Well he did not and I have been sent a collection letter from a debt collector with a pre-legal notification. I have no assets except I own my home. I will retire from teaching and will not have the disposable income to pay this debt. I have no children. I am afraid the debt collector will have a lien placed on my home. I understand that in PA there is a 4 year statute of limitations before a collector can file a lawsuite but how do I get the last date that an account was not paid from original account? All my credit report states is the debt will be removed in 2014.
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Bills.com
September 08, 2011
Consult with a lawyer who has family law experience regarding the debt that benefited your ex-spouse that you are now repaying. It is unreasonable for you to pay this debt, and I think a judge would agree with me.

You may need to file a lawsuit against your ex-spouse regarding the debt, and file for bankruptcy to remove your liability for the debt if it is large.

You mentioned a lien. That is a possibility. Again, time with a lawyer to review your liabilities and options will be time and money well spent.
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Sharon S.
North Union Twp, PA  |  September 08, 2011
Thank you. Your reply was very helpful and a lawyer is what I need. I have been to three and find them very intimidating and not 'kind'. I don't want sympathy. I realize that they are not in the business to hold my hand and supply tissues but a little empathy would make me feel better. I just wanted to get this off my chest! Again, thank you and I will try again.
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Tammi S.
Taberg T/o Lee, NY  |  August 14, 2011
I filed bankruptcy in 2003. I can't get a store card nor a loan at all. I am told i have NO credit. How do i get credit if no one will give me any?
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Bills.com
August 15, 2011
There are definitely steps you can take to start building your credit. You should look into getting a secured credit card, as a first step. Then, apply for a gas station credit card. This type of credit card often has less strict credit requirements.
Thanks for your feedback!

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