I Screwed Up My Credit. How Do I Repair It?

Question

Man, I am fairly pissed at myself. Long story short, I opened a 2nd credit card with the same bank but the cc had a different name. I know, I know but yes, there are cc's with different names but from the same bank. Going into my account, the bank had attached this newer 2nd cc to my same online account and it began coming up first when I logged in. I ended up not paying on the 1st cc for over 4 months before I discovered my error of not realizing I was not paying on my 1st cc. Really, the cc company didn't even blow up my phone with calls during this time either. Why? I'm not sure. Don't tell me I'm a dumb-ass because I know that already. How I went 4 months without noticing this?? Well, in my own defense, I went thru some bit of depression due to other distractions in my life at this time. Still, I know this is no excuse. I still can't believe I overlooked this. Anyway, my credit was well into the 700's and now it's in the low 600's. I'm not happy about it because now I have a long road back trying to fix it. Any ideas of how I might be able to get it repaired quickly or quicker, than just paying my bills on time every month, would be appreciated....

JROCK1966 · Answer

Man, I am fairly pissed at myself. Long story short, I opened a 2nd credit card with the same bank but the cc had a different name. I know, I know but yes, there are cc's with different names but from the same bank. Going into my account, the bank had attached this newer 2nd cc to my same online account and it began coming up first when I logged in. I ended up not paying on the 1st cc for over 4 months before I discovered my error of not realizing I was not paying on my 1st cc. Really, the cc company didn't even blow up my phone with calls during this time either. Why? I'm not sure. Don't tell me I'm a dumb-ass because I know that already. How I went 4 months without noticing this?? Well, in my own defense, I went thru some bit of depression due to other distractions in my life at this time. Still, I know this is no excuse. I still can't believe I overlooked this. Anyway, my credit was well into the 700's and now it's in the low 600's. I'm not happy about it because now I have a long road back trying to fix it. Any ideas of how I might be able to get it repaired quickly or quicker, than just paying my bills on time every month, would be appreciated....

searchwarrant · Answer

Just keep up a good payment history and the score will bounce right back up in awhile. No big deal.

btw, credit score isn't the big determining factor on loans, it's the amount of total debt. Score is misleading. Pay down any high balances best you can and reduce balances - that's the big factor they look at.

One of those 300- 500.00 secured credit cards works really well in raising scores if you pay it off in full every month..

Goggles-Pisano · Answer

Yes.

1) Do not have an outstanding balance on any credit card

2) Make sure you make a purchase every month on your credit cards. Can be for a cup of coffee. Not talking the Best Buy cards.

3) Pay the bill in it's entirety every month. It shows payment history without a balance regardless of the amount. Get it?

4) People exist who fight to remove credit crap like you mentioned. It happens. Cost is $500 - $1000. If its worth it to you.

Canada_Chris · Answer

&#xA;They don&#x27;t tell you.  They just take advantage of your mistake by charging you more.

I Screwed Up My Credit. How Do I Repair It?

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