Title: | DCU |
Notice: | 1996 BoD Election results in 1004 |
Moderator: | CPEEDY::BRADLEY |
Created: | Sat Feb 07 1987 |
Last Modified: | Fri Jun 06 1997 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 1041 |
Total number of notes: | 18759 |
I am looking for some information on Credit Repair. A younger brother is having a hard time buying his first new car. Having a credit card at college didn't help him at all. Any and all help is much appreciated. Thank you in advance.
T.R | Title | User | Personal Name | Date | Lines |
---|---|---|---|---|---|
226.1 | Watch out for 'credit repair' scams... | SCAACT::AINSLEY | Less than 150 kts. is TOO slow | Tue Aug 28 1990 09:49 | 8 |
Beware. MOST, but not all credit repair operations are nothing more than ripoffs and sometimes suggest illegal means to fix credit. I suspect from what you say, that he was less than prompt with his credit card payments while in college. A lot of times, even if you don't have bad credit, you need a cosigner for your first car loan. Bob | |||||
226.2 | have a good day | WCSM::GCHARBONNEAU | Tue Aug 28 1990 11:59 | 13 | |
what are you crying about this time KEN? I got you.This is for the time you got on me in one of the california files. | |||||
226.3 | Credit Help | WMOIS::E_AMIDON | Mon Sep 10 1990 13:44 | 13 | |
I am not sure where you reside, but there is a Consumer Credit Counsel in Boston that helps those who have gotten in over their heads. The telephone number is (617)426-6644. They are open M-F from 9-5. they will give you a free consultation session. They will contact all your creditors and try to get your monthly payments reduced to something more manageable. They will set up a budget for you for $25 and even write the checks out for $10/month. But they may also request you cancel all your credit cards. Hope this info helps. Ernie | |||||
226.4 | Thanks | WCSM::YANNONE | Mon Sep 10 1990 19:36 | 2 | |
Ernie, Thank you. |