Brehs With Bad Credit

[MJ Truth]

Even though I know everyone on the Coli has an 800+ credit score along with $500,000 plus in the bank and investments, how do the brehs who have bad or trash or no credit navigate out here? How do you maneuver around in this system that's based highly on having a decent credit score, particularly for those who don't make a lot of money.

Asking for a friend.

 

[Hacksaw Jim Thuggin]

Even though I know everyone on the Coli has an 800+ credit score along with $500,000 plus in the bank and investments, how do the brehs who have bad or trash or no credit navigate out here? How do you maneuver around in this system that's based highly on having a decent credit score, particularly for those who don't make a lot of money.

Asking for a friend.

breh i definitely understand

you do the best you can

without cash things will be a grind though

 

[Deuterion]

Even though I know everyone on the Coli has an 800+ credit score along with $500,000 plus in the bank and investments, how do the brehs who have bad or trash or no credit navigate out here? How do you maneuver around in this system that's based highly on having a decent credit score, particularly for those who don't make a lot of money.

Asking for a friend.

I recently filed bankruptcy because my insurance decided not to cover a surgery that left me 200k+ in debt . shyt is tough but the goal ain’t “to navigate out here” it’s to rebuild. If you have a place to stay and a car to drive you just gotta be comfortable with both and focus on improving your credit. That’s basically all there is to it, ain’t no magic fix to it...it’s like getting fat...it ain’t happen in a day and it ain't”t gon change in a day. Sit down and create a plan to fix your credit, if you have a spending issue fix that as well...

 

[CarbonBraddock]

you can go online to the three credit bureaus, which is three separate websites and dispute any collections you have. within like 30 days, they will make a decision and i believe if the people who listed the collection don't have the original paperwork, they have to remove it from your credit report. this will make your score go up when they remove it. also, if you have credit already, then try to use as little as you can and pay off what you owe on that. this is called credit utilization and the lower it is, the more it will make your score go up. also, you need to limit how many businesses are pulling your credit reports bc those can lower your score also. also, having more available credit can help your score, so if you can get your cc company to increase your credit limit or get another card or cards, that can make your score go up.

 

[NoMoreWhiteWoman2020]

Credit unions and if you do wife up someone, make sure they got a great one so y’all can make purchases

 

[904]

7 years.. Once it goes to collections, don't bother paying it off.. Just wait the 7

 

[Deuterion]

7 years.. Once it goes to collections, don't bother paying it off.. Just wait the 7

Terrible advice. It may work in some cases, in others it’ll end up in a lawsuit and wage garnishment. Best thing to do is pay your got damn bills and if you can’t do that find a way to cut your expenses.

 

[PaperEnterprise]

7 years.. Once it goes to collections, don't bother paying it off.. Just wait the 7

Bruh, an FYI, i had 3 items in collections. You SHOULD pay off the the account in collections but never to a collection agency. Pay it directly to the company you owe money to. I paid directly to sprint, con edison and a doctor office...all 3 came off my collections.

Collection agencies, fukk them. My credit skyrocketed by 50 plus points once my collections went away. I was 484 in 2014 and today im at 719. Goal is 750 plus in be in the top tier credit bracket.

 

[Balla]

What if you're already paying and worked on a payment arrangement, can u just stop ?

7 years.. Once it goes to collections, don't bother paying it off.. Just wait the 7

 

[PaperEnterprise]

What if you're already paying and worked on a payment arrangement, can u just stop ?

Did u make the arrangements with the collection agency?

 

[Balla]

I tried that, but the companies told me who they sold the loan to and say I have to pay them instead.

Bruh, an FYI, i had 3 items in collections. You SHOULD pay off the the account in collections but never to a collection agency. Pay it directly to the company you owe money to. I paid directly to sprint, con edison and a doctor office...all 3 came off my collections.

Collection agencies, fukk them. My credit skyrocketed by 50 plus points once my collections went away. I was 484 in 2014 and today im at 719. Goal is 750 plus in be in the top tier credit bracket.

 

[Cartier Murphy]

NerdWallet is a great app for this. They give the ability to set credit goals and benchmarks for yourself, as well as keeping you up to date on your activity.

 

[Balla]

One was the in house agency. My cards are in the in house agency, it's collections, but they ain't sell the debt, they just closed my card.

I am paying one that the company sold my debt to.

Did u make the arrangements with the collection agency?

Did u make the arrangements with the collection agency?

 

[Formerly Black Trash]

My life is in shambles

 

[Balla]

Who can you call for credit advice ?

I need to talk to someone.

I have been paying all my shyt, but my credit has not changed at all.