Free Debt Management & Bankruptcy Articles

Professional Authors - Professional Articles



How to Clean Up Your Past Bad Debt Management Mistakes!


If you have made some bad debt management mistakes in the past or have made mistakes on a debt consolidation loan, or whatever it might be, you may not realize how much those debt management mistakes can affect your future. However, if you go and try and find a reasonable loan for a house or a home, you will discover right away just how much problems this can cause. So it is important that you try and repair these mistakes from the past.

The first thing you need to figure out is what is the extent of the past mistakes and you can do this by requesting a free copy of your credit report. It is your right to receive one free credit report on a yearly basis and one place you can get them from is from AnnualCreditReport.com. You'll be able to get a report from all three major credit bureaus simply by going online. Make sure that you look over each report carefully and see which areas of your history needs to be improved upon.

If you see that there are old medical bills still not paid or collection accounts, then you need to take care of these right away. If you don't pay things like medical bills or cell phone or even utilities, these things are going to leave negative marks against you on your credit report. You should call up these old creditors and tell them you would like to be able to pay the balance off. Then talk to the manager to see if they can then update your credit report for you after you have paid off the balance.

If you notice that you have some outstanding judgments against you, you will need to take care of these as well. Any kind of credit judgment is going to put a blemish on your credit score too. If you can't pay it off all at once you need to see if you can't arrange to make some sort of monthly payment until you have the judgment paid off. Once this is paid off you should ask the creditor to make sure to send in a letter to the courts to let them know that you have satisfied the judgment against you.

Once you have done these things and have tried to clean up your credit history as best you can it is important that you make sure to pay all of your credit cards and other bills continually on time. The better you take care of your current bills the better it will be on your credit report. In order to make sure the bills get paid on time either use online bill paying or send in your payment at least a week prior to the due date on the bill. This way you know the payment is going to get there on time.

If you happen to have a bankruptcy on file it's a good idea to try and fix your credit by applying for a secured credit card and then make all of your payments on time. You should get this kind of a card from a bank or your credit union. By getting one of these you will be able to eventually patch up the blemishes that the bankruptcy has put on your credit history.



Comments
Central Station Monitoring commented on 06-Jun-2018 02:40 PM
I've been looking into this subject for roughly 3 weeks at this point and this is the 1st posting which actually makes perfect sense. How come it's so difficult to access quality data on the topic of security and safety today? Surely recognize the energy you invested placing your concepts in to words so amateurs similar to myself will be able to take a step. Could there be a part 2 on your page? Thank you again!

Honeywell Alarm Systems commented on 19-Jul-2018 11:23 AM
I have been investigating this theme for almost three weeks at this point and this is actually the very first blog that absolutely adds up. How come it's so hard to locate good material about security and safety these days? Surely value the time you invested putting your concepts in to words so rookies similar to myself may take a step. Maybe there is a part 2 to your blog post? Many thanks!


Post a Comment




Captcha Image






BLOG TAG CLOUD
budget salary low interest rent payments losing your job credit bureaus cancer your rights take control of debt account interest extra money paying bills children saving legal action school jobs credit accounts bad financial decisions repayment plans financial security credit history modified payment plan budget ideas expenses bills gambling debts full details internet debt consolidation loans lose your job debt relief agency saving money borrower introductory offers credit company part time job debt solution credit limit phone calls understanding personal finances liability debt collector help invest money own money management advice extra payments house loan paycheck software loan companies installment plan common debt traps help good budget debt company reduce debts Chapter 13 discounts debt relief account fees doctors tracking money chapter 7 paycheck info unsecured loan medical bill credit card less money tax info negotiate purchases help with debt managing debt debt free cash card loan overcharging short sale implement a budget monthly bill home equity loans credit repair get out of debt debt consolidation medical debt insurances debit card loan harassment save money handling money negotiation monthly budget credit making payments original creditor bad debt payday loan companies credit line household items home equity building debts spend money debt collection agency overspending management program child spending debt payment period trusted friends stop harassment budget sheet whole family charitable organisation restrict spending credit card traps borrowing teaching children finance checks credit card help worksheet assets child support debt credit cards car loan pay off bill buying a house repay loans pay off debt regain control debt problems debt management advice ongoing bills high interest rate hospital debt collectors debt debt management live your life good credit order report job loss unreasonable expectations mortgage payments telephone bills prioritizing payday loan medical bills payment behavior family assistance sickness second job debt settlement deals in writing good credit rating unemployed children budget emergency savings account great budget loss of income credit report new job personal finance specific budget categories filing bankruptcy government assistance income financial education management tips groceries utility payments loan agents taking responsibility credit rating savings account fly-by-night interest payments careful handling good debt credit card companies lending companies receipt interest rate savings candidate classify bills spending payment frequency professional borrow money home debts flat broke younger children past bad debt mortgages down payment understanding home equity cash allowance monthly payments live within means asset info total balance court appearance Consolidation Company credit reports saving debt programs illness monthly payment losing a job account charges cable bill back support credit card company creditors ill health deb consolidation insurance interest rates credit score purchase protection seperate accounts paying out debt social services bank consumer lawyer checking account piling debts comfortable living more income bankruptcy family budget overbearing bills visualization credit checks bad debt management good credit record check card credit scores budgeting hobbies education loan amount control spending great budget ideas debt consolidation loans interest honesty finances investing security debt management tips secured loan debt traps credit card debt unexpected expenses initial research debt management mistakes budget categories money child support bank accounts domestic support injury repay become free rebuild good credit debts common debt need money installment plans gambling problem credit companies learning experience lending company



Copyright 2016 - Free Info Site Enterprises
Privacy Policy  |  Copyright Policy  |  Website Use Policy  |  Non Endorsement Policy  |  Contact Us  

Finance Blogs
best blogs