What can i do for fixing my bad credit without paying?
Consolidate and refinance things. Another small tip would be to have your credit limit increased on your cards. If you can get it so that you have no more than half of the card used up it looks better to some creditors and bankers. If you have a series of credit cards, pick the smallest debt and pay it off, then cancel the card. If you have cards from retail stores, pay those off first and get rid of them but keep a standard visa and or mastercard. Sometimes creditors look at what kind of job you have and how stable it is. Jobs like cabdrivers dont get as good a review as someone who works as a manager at an insurance company. Im saying this knowing its easier said than done to go out and get a new job. Double check your credit report and make sure everything is accurate, but chances are you have already done that.
By ‘without paying’, do you mean without paying your debts, or without paying a company to handle it for you? Without hiring a company you can contact each of your creditors and express a desire to work out a payment schedule you can live with. They may be willing to waive late fees or interest provided you make regular agreed upon payments. You may also be able to get a consolidation loan so that you’re down to one monthly payment. They aren’t cheap, and you may need to cancel cards once they are paid off to prevent running them back up. If you don’t want to pay at all, you’ll have to check out bankruptcy, but you’re credit will be affected for at least 7 years, often longer.
