Credit Repair & Debt Relief Issues

regalbeagle asked:

If a person has bad credit are they better off going with a debt consolidation company or does it look worse on your credit report?

lee s asked:


do those credit repair services work. i have spoken to a few of them and they told me that they are able to get late satisfied payments off my credit report and the also told me that they are able to remove a bankruptcy off my report that is 8 years old. how do they work and what is desputing and item mean.

Radiostar73 asked:


Any idea how much it costs to have a credit repair company try and fix your credit report
I know that credit repair is mostly a scam, but I’m curious about the actual amount

tak3032 asked:


I have really, really, really bad credit anything you can think of. I want to repair it but I noticed almost all of it will be cleared up from my credit report in 3yrs any ways. Should I continue and neglect the payments and wait the 3yrs or should I try to pay them. It’s been about 4-5 yrs since I last paid my creditors. Some have told me to just wait because even if I did pay back all the creditors my credit report would still show that I was past due for so long. I should just hang and wait for the 3yrs and I’ll be good to go.

Tyier b asked:


My ex husband was ordered to pay all of our jointly combined debts in our divorce, but to my knowledge and credit report he hasn’t. How do I go about repairing my credit or disputing these overdues, since they’re no longer my responsibility? Pretty much everything is now in collections and I couldn’t apply for credit for toilet paper at this point…..how do I fix it, I can’t afford it all by myself…

lanena423 asked:


I have heard about credit repair companies that can get negatives off your credit report but have heard that there are alot of frauds out there too. So has anyone actually tried one that works?