Credit Problems
Lack of Credit History
Make on-time payments with credit builders. (Credit Card or Credit builder loans)
No More Debt
Continue to pay current bills, and try not to create more debt. (Debit cards, friend and family support)
Credit
Lower credit score, and bad credit history.
Deadlines
Watch any payment deadlines and make payments on time.
Bad Credit History
Work off late payments while paying current bills.
Non-profit Counseling Services
Reduce the interest you pay by working with your creditors.
Interest Buildup
Increased interest on any payments, any buildup of any interest not payed.
Terms and Conditions
Read all the fine print and don't sign onto a loan without fully understanding the loan.
Fraud or Identity Theft
Review credit reports and report any inaccurate information.
Debt Reduction Service
Helps organize your debt and reduce interest by working with your creditor.
Late Payment Fees
Fees are issued on any late payments which brings you further into debt.
Overdraft
Watch your spending and don't ever overdraft.
Denied Credit Application
Build credit and improve credit history.
Bankruptcy
Allows the debtor to gain a relief on debts and receive government support financially.
Repossession
Collateral is taken for any secure loans you were late paying for.
Interest
When applying for a loan understand the interest you will have to pay each month, and make sure banks don't take interest before loan payments.
Struggling to Raise a Low Credit Score
Pay more than the minimum amount when you can.
Refinance Debt
The replacement of an existing debt by means of another debt with more favorable terms and/or conditions.
Bankruptcy
You will be forced to file for bankruptcy but your debt will still haunt you until it is paid.
Credit History
Watch your credit history and report any inconsistencies.