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: firstname.lastname@example.org or write: MONEYTALK, P.O. Box 1199, Boutte, LA
Subscribe Today and Save!!!
St. Charles Herald-Guide is an award-winning newspaper that covers all aspects of St. Charles Parish - from schools and parish government news to social events, features on our local residents and sports.
Order your subscription today!
A Luling family is picking up the pieces after a massive fire potentially caused by...
Destrehan boys basketball coach Todd Bourg is excited about his team’s prospects...
For nearly two years, Lamar and Ruthell Ellis have mourned the loss of their son,...
Dennis Mitchell of Luling had been buying tickets for the St. Jude Dream House...
With this week’s arrest of a New Orleans East man, Jolene Dufrene may have gotten...
Becky Savage recently received a dose of amazing news when doctors informed the...
Your One Stop Home Improvement Shop...
New details emerge in unsolved St. Rose murder - 2420 views
For nearly two years, Lamar and Ruthell Ellis have mourned the loss of their son, Ramal, who was murdered in late 2013 less than a quarter mile away from his home, at the young age of 23.