Credit Questions and Answers from Bills.com

bureaus this is a mistake and the credit bureaus have informed my daughter they have 60 days to remove this. My daughter has a closing date of Oct. 20th. How can they get these credit bureaus to expedite this so they can get their new mortgage? My daughter is frustrated and says she really sympathizes with people who have had their identity stolen.
Answer: Fast credit report repair solutions

Question: My husband and I have bad credit. We do not own our home and we are trying to clean our credit. The problem is that no one will give us a chance to clean our credit because we do not own our home. Can you tell us where to start?
Answer: All about fixing bad credit

Question: I have a repo on my record as well as a few credit cards that have been put as charge offs. In order to fix my horrible credit how do I go about paying those charge offs and how soon will my credit take to at least be in good standing?
Answer: Here is your credit repair help

Question: I've been paying off my credit card debt since the sale of my home 2 months ago. My question is how long will it take for the creditors to reflect the correct balances, and change my credit score?
Answer: Here’s how long it takes to improve your credit score

Question: I am a 30 yr old single parent of one son. I used to have great credit, but personal situations came about, not due to me and due to those situations, my credit suffered. I am trying to figure out a way to clear up my credit. I owe about 13,000.00. I can not get a loan to pay them off. What do I do? I am terrified of liens and them suing me. What can I do?
Answer: Here’s how to clear up credit

Question: I have several thousands of dollars in charge offs on my credit due to unpaid credit cards and medical bills from my irresponsible college years. I'm trying to determine if it would be better to contact each of my creditors and attempt to reach a settlement amount or file bankruptcy. Under the new bankruptcy laws I believe I make too much money (this is humorous at the least) to qualify for chapter 7. So even if I filed bankruptcy I would be forced to repay all of the debt. I have no current debt with the exception of a student loan. No open credit cards etc. It seems that I can do nothing else to repair my credit. With my credit in its current condition I don't think anyone would lend me money to help rebuild my credit. If I can take care of the charge offs I will be left with almost no debt, I have no mortgage, car payment, etc. Answer: Here are the personal bankruptcy rules

Question: If I have paid off some things on my credit 2 years ago and it still shows up what should I do?
Answer: Here’s what you need to know about credit report errors

Question: How do I find my credit scores? I applied for a credit card recently, and was turned down. I need to see my report, so I can make adjustments and see what is happening.
Answer: Here’s how to find out your credit score

Question: Can Dish Network report twice on collections with a credit bureau? They have it on TransUnion then they sold it to a credit collection and they have it on Experian.
Answer: Here’s information on fair debt collections and credit bureaus

Question: I have good credit but I would like to pay off a few lines of credit that I have and just make one payment. What I'm asking is if I do bill consolidation will it hurt my credit?
Answer: Here’s information on bill consolidation

Question: How does canceling credit cards affect my credit score?
Answer: Learn about canceling credit cards and factors that affect credit score

Question: How can I have old addressed removed from my credit report Answer: Here’s how to change personal statement on credit report

Question: How can I contact a collection agency and pay off an old debt that I found on my credit report?
Answer: Here’s information on dealing with collection agencies

Question: Can I get a credit consolidation loan if I am at a 430 fico score?
Answer: Here’s information about debt consolidation loans for people with bad credit

Question: I am paying off my credit cards. Does it affect my credit score to close paid off accounts?
Answer: Learn what affects your credit score

Question: I was recently divorced, in the judgment he took most of the debt for a reduced spousal support. After we filed the paperwork he filed Chap 11 to erase all of his debt. Now the issue is there was one credit card in my name. I just found out that not only has that credit card not been paid for 7 months but I am now liable for $8,000 plus which was supposed to be his. When this is brought to him he couldn’t care less, he figures he has taken care of his end of the deal and as far as the rest goes he is no longer liable for those monies. As so the divorce judgment, he is still liable for the debt as far as I understand. So....should I settle with the credit card for $3000 and have a ding on my credit and have to claim the $500 on my taxes...or....start paying the bills slowly and take him to court for the $8000 plus finance charges etc.? I would also welcome any other suggestions you might have.
Answer: Here’s how to settle credit card debt

Question: I think I'm legally permitted to access my credit score from all 3 credit scoring companies once a year at no charge. Is that right? Is there an e-mail address to use to access this info?
Answer: Here’s how to get your credit score

Question: I have a question about paying my other lines of credit with one credit card and having just that one bill. Is this a good idea and will this hurt my credit score?
Answer: Here’s your credit card bill consolidation information

Question: Credit cards have all kinds of rewards these days. I already have a few cards that I've had open with good credit for several years. What is the effect on my credit of opening up a new credit card, getting some reward for my first purchase, and then closing the account?
Answer: Information on rewards credit cards

Question: How can I establish more credit and still reasonably have good credit?
Answer: Learn how to build credit