Bad credit history...HELP!

[rupeeman]

Hi, to all my friends! I'm suffering from the bad credit history report which creating problems for me. I have an urgent need of personal loan but banks are refusing me. please suggest some ways to get rid of this problem...

[noppenbd]

Why not use the $5000 poker winnings instead of taking out a loan?

(from another thread)

[sweeps]

Lol .

[aevans1206]

I was going to say that too!

[peanutbutter8204]

Debt

I created a lot of debt while in college with hospital bills and and bad credit choices. I am paying for the mistakes now. I have settled a lot of my debt for about 50% of the balance and this time next year the only debt I will have will be my students loans. So maybe if you consider settling out until at least 75% of the debt is paid it may boot your credit a notch or so.

[noppenbd]

I created a lot of debt while in college with hospital bills and and bad credit choices. I am paying for the mistakes now. I have settled a lot of my debt for about 50% of the balance and this time next year the only debt I will have will be my students loans. So maybe if you consider settling out until at least 75% of the debt is paid it may boot your credit a notch or so.

Maybe long term this will help your score, but short term, a settlement for less than the full amount of the debt is going to take a chunk out of your credit score.

[LuxLiving]

Bad, as in - misinformation being reported? Or bad, because you did not pay as promised? Sorry to be so forthright, but the answers would require different responses from you.

[mishi07]

There are various debt consolidation programs, which gives you a lot of options. You could either select a paid service or go for the many free services available.

Goodluck!