Looking For Credit Repair Secret

by Yvette
(Unknown)

Ask Kate: Looking For Credit Repair Secret
Kate, is there a credit repair secret to fixing bad credit? I have been trying to repair my credit for three years now and would hate to see that it will never get better because of the old debt. Is it true after 7 years that bad credit is removed from your credit report?



I made a couple of bad decisions when I was younger, one being the credit debt that I got into at age 18. I was not aware of the complications of this and have had bad credit for a while now.

It will be seven years next year and I would like to know if this will have any effect on getting a home loan. Will loan officers not see this old debt?

More About Looking For Credit Repair Secret


Dear Yvette,

Congratulations for your diligent effort to improve your credit rating.

Most of the frustration I see among homeowners is related to trying to repair bad credit history once and for all.

While most credit files fall from the radar of the three major credit bureaus after 7 years, I have seen exceptions with collection accounts. If a consumer does not get a handle on collection accounts, they can take on a life of their own.

Practical help to fixing bad credit is in these 10 simple steps. Don't miss it. Discover your credit repair secret!

Best Wishes,
Kate

Return home from Looking For Credit Repair Secret

The information you obtain at this site is not, nor is it intended to be, a substitute for financial, real estate or legal advice. You should consult an attorney, accountant, lender or real estate agent, as applicable, for advice regarding your individual situation. Comments and opinions found here are not necessarily those of Get-Your-Best-Mortgage-Rate.com.

Click here to post comments.

Join in and write your own page! It's easy to do. How?
Simply click here to return to Contact Kate With Your Mortgage Question.

Grin and Bear It!

We're getting a facelift! Please bear with me! The content is identical so continue to browse. I'm working as fast as I can to finish up!

Your friend,
Kate Ford

You Can Own My Brain

Lock Answers by Kate - Learn the nitty gritty inside story of locking your mortgage rate.

Refinance Answers by Kate - Refinancing brings out opinions, for sure! Get the facts here.

Answers by Kate For Seniors - Reverse Mortgage, the unique income answer for retirees.

Home Buying Answers by Kate - Learn how to buy a house. Unusual facts to aid your home buying experience.

Credit Answers by Kate - Improving credit could change your life. Find how to get more than temporary results.

FHA and VA Answers by Kate - Clear the fog. The low down on VA and FHA loan requirements.

PMI Answers by Kate - Private mortgage insurance, friend or foe? Do you know how to get rid of it?

ARM Answers by Kate - Do you have an adjustable rate home mortgage? You can ask Kate for help.

Loan Modification Answers by Kate - Unique help for modifying your mortgage. Make sure you don't miss this.

Website Answers by Kate - Yes... Readers even ask Kate how to build a website.