NetCreditLine.com Daily Credit Line News

Question by Philip N: Some good tips on raising my credit, i’m trying to get a car?
Well all I owe are a couple of cell phones people, I’m only 21 and that’s all I had since I been 18. My credit is like a 549, and I was wondering what I could to raise it?

Best answer:

Answer by Frank Fitton
There certainly are no quick fixes in attempting to raise your credit score. The most important thing is to stay on top of things and know whats in there. There very well could be errors in your credit report due to things misrepresented, even fixing these is going to take time. In order to raise it though you have to know what’s in it for sure, as well as exactly what effects it.

One area I think that is very important to address in these times. Is to make sure that you don’t lose any of your cards. Companies are canceling cards that are not being used. This could be really damaging if its one of your oldest cards. Remember this, and just use the card every once in awhile to keep it in rotation. You need that available credit in theory at least.

Anyone who’s interested can check out my blog on how to improve your credit score at… http://www.thedebtgazette.com/2009/08/improving-credit-score/

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Question by Will T: What’s a good online resource for tips on building credit and saving money with a low income?

Best answer:

Answer by Jerry T
Spend less than you make.

Pay your bills on time.

Increase your income.

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Question by dx7alex: Is a credit card a good idea to build credit after bankruptcy?
I have an unsecured $ 250 limit card that I got to re-establish my credit after my discharge. Problem is these cards are full of fees and monthly dues but they do report to all 3 bureaus which is good. Am I going to be on the same situation no matter who gives me a credit card as far as fees and high interests? I wonder if a secured credit card would help me better? Any suggestions?

Best answer:

Answer by Lady Gaga’s Secret
No. You’ll probably just screw it up again.

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Question by I Wanna: does anyone know any good credit repair services?
i have really bad credit and i wanna fix my credit.i cannot get a cell phone with my bad credit or a loan.so does anyone know any good and low cost credit repair services.plz answer my question.

Best answer:

Answer by **BOSS**
What you need to do is work on paying off your debts, and making sure you pay your bills on time. That is the only way to repair your credit. Most of the companies that say they can reduce what you owe, etc… just completely ruin your credit, so you might owe them less, but your credit is trash. Unfortunately it cannot be done overnight, and it will take a while before your credit is completely repaired. You should be able to get a cell phone, but you might be required to give the carrier a deposit. So pay your bills on time, pay off your debts. If you have credit cards, pay them off, or transfer the balance to a card with a really low interest rate, but do not close the cc accounts if they have a balance.

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Question by smartkid37138: How Can You Report Good Credit For Someone Who Borrowed From You and Paid Back In Timely Manner?
If you loan someone money and they pay you back as they should, in payment installments mutually agreed on, how do you go about putting that in their credit report as good credit?

Best answer:

Answer by Dave C
Unless you are a company, you probable can’t. You can a letter to the three credit reporting agencies: Equifax, Experian, & Transunion. Their addrress are: Experian, PO Box 2002, Allen, Tx 75013 Transunion PO Box 4000, Chester, PA 19016, and
Equifax PO Box 740241, Atlanta, Georgia 30374.

Good luck.

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Question by bobby D: What are some good private companies that offer financial aid for students?
I needed financial aid and i already got as much as i can from the federal government and i need a bit more. What are some good private companies that offer financial aid for students?

Best answer:

Answer by ternazf
Sallie mae

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Question by MBA Grad Student: Does anyone know of a real good credit repair agency?
I need help repairing my credit. Does anyone have any experience with a reliable and effective service?

Best answer:

Answer by Granny
They can’t do anything you can’t do yourself, and they are expensive.

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Question by So_boushey_but_cool: 20 good credit repair companies that does trade line and remove inquries?
looking for good cerdit repair company to fix my credit within a weeks time or 30/31+ days…. and good ones?

Best answer:

Answer by SmartA$ $
The only legal way to repair your credit is to start making good choices and let your previous bad choices get further behind you.

If an item is false, you can ask the credit agencies to verify or remove the item, but you can’t do this with bad items that are reported correctly.

Any company that offers to repair your credit is either scamming you, engaging in illegal activity or both. If you are caught doing something illegal with a credit repair company, you will be in just as much trouble as they will be.

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Question by Kyle G: I have no credit and I want some ideas about good ways to start it without using a credit card.?
I don’t trust myself with a credit card and I want to establish my credit. What is the best way to start my credit without the help of a credit card?

Best answer:

Answer by aeaglenfitch
apply for a small loan, youll have a high intrest rate but as your credit gets better it will go down

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Question by colin r: Could anyone tell me any good resource for credit repair business?
I want to start a credit repair business and need to know the resources that can help me to get started.

Best answer:

Answer by jtheloanguy
Start by learning the business and the way things work with the credit bureaus. You can get business by referrals such as family, friends, car dealerships, mortgage professionals etc. Don’t expect business to fall on your lap! GO GET IT!

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