Credit repair

[kmuheto]

Hello guys,
I am a new guy on this CB and I have a very serious issue. I have been reading success stories and wondering how I can solve my credit issues.
I visited a family overseas and I thought I was going to spend 2 weeks but when I got there, more issues popped up and kept me there for 4 months. I missed all credit, student loans, medical bill payments for up to 4 months. Now I am in hot water, I need your advice. I just came and I haven't talked to any of my creditors. some have sent my accounts to collection agencies, others charged-off(whatever it means), others just posted lates: 30, 60,90,120 days... other accounts are on their way to collections... I am just pissed off and I need a clean Credit, sorry it sounds like I am not going to have this credit any more but hey, please send your advices and I appreciate your contributions towards better credit.
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[mariuszh]

Start here: http://creditboards.com/forums/index.php?showforum=15

 

Immerse yourself in the information found on this site.

[mindcrime]

Sorry about your perdicament. You may want to start by contacting any and all credtiors and explain the situation. If the reason that kept you overseas was medical, or at least of some nature where you can show just cause, you may be able to work something out with them, perhaps at the very least get accounts recalled back to the OC's and start making on-time payments. With on-time payments perhaps after 6 to 12 months you can goodwill the creditors to remove some of the late pays.

 

Good luck.

[kmuheto]

Thanks Mindcrime! Yes I am going to try, I just don't know how far I would go.

[SuperGurl72]

Thanks Mindcrime! Yes I am going to try, I just don't know how far I would go.

You never know you might get lucky. You wont know if you do not try.

[funkiehouse]

Hello guys,

I am a new guy on this CB and I have a very serious issue. I have been reading success stories and wondering how I can solve my credit issues.

I visited a family overseas and I thought I was going to spend 2 weeks but when I got there, more issues popped up and kept me there for 4 months. I missed all credit, student loans, medical bill payments for up to 4 months. Now I am in hot water, I need your advice. I just came and I haven't talked to any of my creditors. some have sent my accounts to collection agencies, others charged-off(whatever it means), others just posted lates: 30, 60,90,120 days... other accounts are on their way to collections... I am just pissed off and I need a clean Credit, sorry it sounds like I am not going to have this credit any more but hey, please send your advices and I appreciate your contributions towards better credit.

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Missing 4 months should only have you at 90 days late unless you were behind when you left. You need to contact all of them Monday morning and see what you can do to prevent anything else from charging off. If it's too late for some of them do what you can to get them paid off before you start tacking on interest and fees. Contact the creditors, explain the situation and do what you can to get this taken care of. Try and negotiate a PFD for those already CO.

 

I would tell you to read for a few weeks to a month but you don't have time for that.

 

The student loans, if federal, can be rehabbed so don't lose much sleep over that.

 

I CANT STRESS ENOUGH THAT YOU NEED TO ACT ON THIS NOW!!! You still have a good chance of coming out of this with just scrapes and bruises.

Edited December 29, 2013 by funkiehouse