College Debt Paid, Now What?

I am a college student trying to find out what my best options are for repairing my credit.

When I first started college I had over $20,000 in credit card debt (about 6 cards) and since I did not have a steady income at the time, I fell behind on payments and unfortunately about 4 cards were closed by the banks.

I have managed to get a good job and have paid off all of my debt.

Can you please give me some suggestions on what a 20yr old student should do to repair my credit score with these various closures of numerous credit cards?

Fortunately, even with the closure of the cards, I have paid off all $20,000.

I also do not use credit cards anymore (except for small purchases) and operate on a cash basis to make sure I don’t fall into the same trap. 

Thank you and have a great day.

Alex

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Hello Alex,

You’ve done a tremendous job paying off $20k in debt.  That is an amazing feat in itself. 

So You’re Saying You Have an Old Paid Debt?

Alex, we’re just about ready to upload the 2008 edition of Raise Your Credit Score.  It’s a fifteen-minute free step-by-step credit restoration explanation to get everyone started in the right direction.  So check back in a few days and our free credit repair seminar should be live.

Also, our friend Adriel is available toll free at (866) 686-4289 8am to 10pm EST 7 days/wk.  He is an expert at reviewing credit reports for errors.  I’m recommending his professional service to anyone that has more money than time.

Thanks for the questions and the New Year is almost upon us.

Paul