Need advice on building credit....?

I had a delinquency about 3 years ago on a Wells Fargo credit card that I paid off in full about a year ago, I tried applying for a car loan a while back and they told me “Build up some more credit and come see us again”.





So I tried to apply for a Wal-Mart credit card and was denied, same with a few other cards I tried applying for because of “Credit History”. How am I supposed to re-build my credit if no one will GIVE ME CREDIT!?!?!?!?!?





I need some help on how I can start building my credit up, it seems like if you mess up once you’re destined to have bad credit for the rest of your life because no one is willing to give you a credit card because of one mistake that was paid in full….Need advice on building credit....?
Not impossible my friend...you just need some patience and diligence and you'll be up and running in no time....for now don't apply for anymore credit until you clean up your report.





1. Order your credit reports from the 3 bureaus


www.equifax.com


www.experian.com


www.transunion.com


If you're ordering for the first time, get your score (for a fee) from Equifax as their scoring matters most.





2. Make copies of your report and put the originals in a binder. On the photocopied reports use a highlighter and check for any incorrect, outdate, false, etc...info





3. Download a dispute letter(s) from the credit bureaus website and list anything that is wrong. Mail them to their office(s). They have 30 days to reply.





4. If they will not remove something that is not yours or too old (%26gt; 7 years) as them for a debt validation. This may take an additional 30 days.





5. Once the 'baddies' come off, take care not to let any of your other accounts fall into that predicament.





6. If you haven't already make sure your existing accounts are current and paid on time ALWAYS.





7. Get a secured credit card with www.capitalone.com or www.mastercard.com for like $500-1000 or more if you can and use it sparingly. Charge like $50 on the card each month and pay it in FULL and on TIME. Make sure you do this for a minimum of 6 months so that you estabish a positive repayment history.





8. Problem with just letting them (collections) 'fall off' is that they may never. You may get sued before that...that's where you suddenly get a summons to appear in court and a judgment for collection against you.





For collection items...pay them but get a 'pay for delete' from the collection agency in WRITING...they'll delete it after you pay and it will help your credit score.Need advice on building credit....?
it is hard to come back from, but not impossible. get some bills put in your name. i was going to say get a credit card and pay it off each month but if you cant get approved anywhere that could be a problem. You could get married. If they have a high credit score it will even out with yours.


Good luck
you can improve your credit at this site:


http://credit-reporting.flyairfares.com/other.html
Re-building is always like a catch 22 situation, can get it, because you don't have it, and you don't have it, because you can't get it. The way you rebuild/reestablish credit is buy applying for a secured credit card, that is secured by your own money, at this time, you will not qualify for a unsecured credit card or loan, so please stop applying for them, you are only pulling your score down more, and more by inquiries accomulating on your report everytime you apply. You should also get a secured loan, pay on time over a period of a year, and your credit should approve. Also, I would suggest you read articles on credit, credit history, rebuilding credit, bad credit and the like, this will give you a better understanding of credit and how to go about rebuilding it. Books like Stephen Snyders '; Life after Bankruptcy ';, and Suze Orman books are excellent sources of information and tips on rebuilding credit, and not falling into the credit trap again. It can be done, it won't be easy, and it will take time and patient. But it will be well worth it in the long run to have great credit, peace of mind, and the satisfaction that you are credit worthy.





Good luck you can do it.................................
Look for a secured credit card. This is where you place $250 / 300 or so in a bank account and that bank gives you a credit card with $250 / 300 limit. FYI most secured credit cards charge a initial fee.





Use the card wisely. If you pay cash for groceries, use the card. Then go home and make an online payment to the card from your checking account.





It will take time, but eventually you will get offers for unsecured cards. The rates will be high, so don't carry balances.





Make a budget, make sure you save a little and live within that budget. Your credit will improve, you just have to work at it.
To raise your credit score you need to do two things:


1 - add positive things to your credit records. Such as paying your bills on time!


2 - Remove negative things from your records. These may be mistakes made by the credit report companies or bills you haven’t paid!


If your problems aren’t too bad or too complicated than you can do this yourself. This review site gives you e-books to explain the process and guide you through it:


%26lt;%26gt;http://www.onlinebestinformation.com/cre…





if your problem is complex - or you just don’t have the time or patience to do it yourself then you will want to use a credit repair company. This review site will guide you to the three best companies to use:





%26lt;%26gt;http://www.onlinebestinformation.com/cre…





Good Luck!
Don't make another credit mistake by applying for ''department store'' credit cards. They have, hands down, THE worst interest rates in the market. I had your same problem and I got a credit card, it had a $1000 limit, from Orchard Bank. They advertise that they help people with not so great credit earn credit. Read the paperwork, if you have to pay a annual fee, forget it. I believe the best way, from experience, is to try using the credit on a regular basis. I would charge ONLY my gas. I would take the cash it would normally cost and put it in a gas envelope. When I got my statement, I had the cash to cover the monthly charges, THUS avoiding any finance charges. So every month, I would charge near $300 in gas, but turn around and pay it off every month. Before I knew it, my credit limit was raised and I was able to get a car financed at a decent rate last year when I bought a new car. Good luck.