Hello Your response was very informative.  I have poor credit is well and want to get into my first home. I want to pay off on my creditors I was with a credit company that helps build your credit and I was paying 80 dollars a month. Not sure if you know but I wanted to ask is there away that I can just pay the creditors directly and just pay it.  It would be from three years ago

Now that you have a secured credit card and are on your way to improving your payment history, you can try to obtain other loans. Part of your credit score is based on the types of account you have. There are two main types of account: rotating and installment. A rotating credit account is like a credit card or a home equity line of credit, where you have an available limit and you free up more funds as you pay down the loan. An installment loan has a set term and a set payment. Auto loans and mortgages are installment loans.
If you only have one item to dispute, you may be able to save money by learning how to complete the credit repair process for yourself.Remember, that under law you are entitled to a free copy of all 3 credit reports. You can dispute any item on your credit report either by phone, in writing, or online with each of the credit bureaus. Each will give you options to fax or email supporting documentation directly to them. If you have complex credit problems due to identity theft or divorce, you'll want to talk to an attorney that specializes in consumer law before you proceed.
Credit repair can involve fixing your bad credit in any way, shape or form, but when most people use the term ‘credit repair’, they’re referring to the process of disputing errors on credit reports. You can go through this dispute process for free with each of the credit bureaus on your own. This involves filing a formal dispute with the credit bureau(s) in question either online or via snail mail.
If you have missed payments, get current and stay current: the longer you pay your bills on time after being late, the more your FICO Scores should increase. Older credit problems count for less, so poor credit performance won't haunt you forever. The impact of past credit problems on your FICO Scores fades as time passes and as recent good payment patterns show up on your credit report. And good FICO Scores weigh any credit problems against the positive information that says you're managing your credit well.
×