haha right fellas?
Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes Please say yes
If you have a solid income, and a credit union account, see if they offer debt consolidation loans. You can often save a lot in interest doing it that way. My credit union gave me a 10% interest rate, still ridiculous, but better than the 26% I was paying on my credit cards. You can also look into 0% interest balance transfers on credit cards, but that also requires a decent credit score and access to credit cards.
I’ll also add looking at a debt management plan with a credit counseling agency. They can often get you much lower interest rates on credit card debt, though it will probably have a moderate impact on your credit and you might not be able to access new credit while you’re on the plan. Look for one accredited by the National Foundation for Credit Counseling.
DO NOT use a debt settlement company. Your credit gets destroyed in the process due to missing payments.
This is actually how i went from dogshit credit to an incredible credit score without actually changing my amount of debt, and actually lead to me qualifying for a mortgage.
This is just more proof the whole system is bogus. Nothing changed with my actual financials but my “debt usage” went from like 90% to under 50%, which bumped my credit score, which lead to my credit cards getting higher limits, which lowed my usage further, which raised my credit score some more.
I dont suggest the approach as a general method for getting good credit, but if you’re already swimming in credit card debt then id give it a shot before just letting things go to default.