Best Credit Repair Program / Service

[Dedric Polite]

Hi BP!

My business partner is "credit challenged" (585 Credit Score), which is preventing her from qualifying for conventional financing, among other things. She wanted me to reach out to this group and get some recommendations on the best program, do-it-yourself or service to improve her credit, over time. 

If you have any personal experience using these services that would be great. Thanks in advance!

[Jeremey Allen]

I, too, am credit challenged.  I got sick and had to drop out of college, resulting in a sizable student loan, and no degree.

Get a free credit report from Annualcreditreport.com

-Dispute all of false derogatory marks.

Get a secured credit card, or two. 

-I got a CapitalOne card that only required a $49.00 deposit for a $200.00 credit line. 

-Keep the balance below 30% I keep mine around 10% I just buy some gas, or fast food, and then forget about it until the next month.

-Pay your card off EVERY month. I set up autopay on mine, so I will never be late.

Pay off any debt you have. 

-Call them and tell them you will pay it off in full if they agree to stop reporting it to your credit report. If you just pay it, they won't generally take it off.

-Get everything in writing

-Pay with paper, do NOT give them access to your accounts.

Pay your bills on time, every time.

I have raised my score from poor to good in a year.

Good luck.