MONEYTALK with Al Suffrin
I need help re-building my credit!
In college I got in over my head with credit cards and never satisfied several of the outstanding balances.The creditors stopped calling and sending letters a few years ago, but I know that eventually this will catch up with me.
How can I repair my credit so that my credit score improves and is acceptable?- Debt in Des Allemands
Dear Debt: The first thing you should do is obtain copies of your credit report and analyze it for errors.
If there are any errors have the credit reporting companies correct them.
Moving forward, you should consider these techniques:
1. Improve your payment history. Always pay your bills on time.
2. Keep debt to a minimum. Keep credit card balances low. Pay off debt, don't move it around. Don't open new accounts that you don't need.
3. Length of your credit history. Don't open several new accounts in a short period.
Send YOUR questions to: email@example.com or write: MONEYTALK, P.O. Box 1199, Boutte, LA
An Edgard man accused of making threatening comments to police officers through...
Christi Fraychineaud's fellow teachers at St. Rose Elementary School are trying to...
In light of recent police shootings in Baton Rouge and Dallas, as well as a heated...
Without a tax increase, St. Charles Parish Council could be dealing with a...
Hahnville High School-based Otto Candies has made state tournament runs before...
The Benefit Golf Tournament for Chad Grosch will take place Saturday, Aug. 20 at...
Over 25 Years of Quality Sales, Service and Repairs on YAMAHA, MERCURY, EVINRUDE and JOHNSON Motors.
55% of residential property owners will see an increase on tax bill - 2268 views
Slightly more than half of St. Charles Parish residents are expected to see an increase in their projected property tax bill this year.