How do you fix bad credit from 5 years ago?

I%26#039;ve paid all my bills for the past five years (I was young and stupid) yet I still get rejected for good credit cards and only get offers from cards with high APR%26#039;s and annual fees and low credit limits

How do you fix bad credit from 5 years ago?horses for loan

Pay your bill on time.

LC

How do you fix bad credit from 5 years ago?

loan

Pay the bill and have it removed from your profile|||If you can hang on two more years, you should be in the clear. In the meantime, kick back and stay out of any more bad credit situations. Keep present documentation on all bills you are and have been paying. This will give you some support when it come time to contact the credit agencies to remove all the submissions.|||Believe it or not, the best way to fix credit, escpecially from that long ago, is to order a credit report from all 3 agencies and DISPUTE EVERYTHING NEGATIVE. Often the lender would rather erease the negative history on the credit file than pay someone to drive to a warehouse, dig through old, dusty files and send %26quot;proof%26quot; to the Credit Reporting Agency.

It isn%26#039;t likely to fix everything, but some negative credit will certainly go away.

Beyond that, check for a local credit repair agency in your Yellow Pages--beware of on-line services.|||were the bills in collections or no longer being active? if the creditors gave up on collecting payment for those bills and they remained dormant, i.e. they stopped trying to collect on them, then you did a very bad thing. I%26#039;m sure you had good intentions on wanting to pay back old balances and start from scratch, in theory, but what you actually did was when you paid off those bills, the negative credit history from that point up until now came along with it. Credit is a stupid entity and I don;t know why they do this. You essentially, if I%26#039;m understanding you right, woke up a sleeping giant. If you paid off these old bills then you actually lowered your score by doing so since it carried all the bad credit along with it. Had you just left them alone and tried to rebuild your credit then it would%26#039;ve been okay but now you%26#039;re in a situation where your past just caught up with you. for now though, get a secured credit card. it%26#039;s pricey but it will help your score in about 6-8 month period, at that point then you should be able to get something a little better than what you have now.|||It sounds more like you have a problem with %26quot;Low credit%26quot; rather than bad credit.

If you have paid all your bills and have little or no delinquencies, that is the problem. It is easier to get credit with bad credit than with %26quot;Low%26quot; credit or no credit.

I would suggest looking for someplace that offers in house (they carry their own accounts) credit to build up a credit base.

Get It Now (a subsidiary of RentACenter) offers easy credit programs that help build your credit rating, for instance.

If you need more information, let me know.

Pastor Jerry|||you can contact a credit repair company. They can improve your score by a few points. That might help.|||Apply for the credit card...high APR and all. Use the credit card to make purchases you would ordinarily make, but pay the balance in full each month. It%26#039;s irrelevant what the APR is if you don%26#039;t let any balance carry over from month to month. This will re-establish you in the credit world as someone who pays their debts on time. After a period of time, you will get new credit cards with lower APRS.|||Have a look here