| "How do I repair my credit now?" I was laid off in early | | | | in the home state but many times don't have them |
| 07. Not the best way to start the year but it happened. | | | | filled properly outside of that state. The cost can be |
| As we all know the economy was starting to loosen | | | | high. That's how I got one. Having them remove it and |
| and unfortunately the company I was working for was | | | | stop all their collection efforts was great. As if they |
| feeling the pinch. It was easier to close the shop and | | | | never existed. I negotiated with another collection |
| move on, for the company owner anyway. My credit | | | | company to pay it at 45% of what I owed and have |
| took the hit as the months of unemployment ran out | | | | them give me a deletion letter. Which they did, that |
| and bills started to fall behind. | | | | was also removed from my history. |
| I found employment soon after my unemployment ran | | | | To continue repairing my credit, I used a tactic that |
| out but the damage had already been done to my | | | | showed me how another person's good credit can |
| credit report. I had to look for a way to repair my | | | | boost my credit score. I have a sister with excellent |
| credit now, as soon as possible. I wanted out of that | | | | credit, who helped me out and added me as an |
| financial hole. I took maters into my own hands and | | | | authorized user on the card. This gave me more good |
| started the process. | | | | accounts than bad and helped balance out the one |
| I bought a manual on credit and started to repair my | | | | account I was still working on to remove or settle for a |
| credit myself. I didn't exactly know what I was doing | | | | deletion letter. |
| but there were two techniques I got to know pretty | | | | All this credit repair stuff happened in a three to four |
| well, while reviewing all the information I had. | | | | month window. Instead of worrying about how to |
| One I used to dispute collection companies was to | | | | repair my credit, now I look for ways to increase my |
| have them show proof that they could conduct | | | | knowledge of credit. That's what helped me the most. |
| business in my state. I didn't know they actually had to | | | | You can't always know what's going to happen in the |
| carry insurance, a bond and have a license. Luckily, in | | | | future. I had no way of seeing where our company |
| my state they had to carry it. What I found out was | | | | was heading. But I can always be educated about a |
| that it's common for the collection company to have it | | | | subject. |