No. of Recommendations: 7
Perhaps you can help me with something that has been eating at me for a while.

Probably not, because it's not actually clear what has been eating at you. You switch from talking about their credit score to saying I am with one of the many people with relatively poor credit and then back to They never checked for negative reporting, relevant information, or possible mistakes on their credit scores. So who has the bad credit score - you or someone else?

I have found that having poor credit means that we are going to be spending more in interest if we try to get ‘m a credit card, it means that we are going to be spending extra.

That's not true. As long as there is a grace period on the card, it doesn't matter what the interest rate is - if you pay the balance off in full each month before the due date, you will pay no interest.

One of the reasons that is especially frustrating is because I have always tried to make sure that I keep my credit score relatively high. Even with student loans, we would spread them across my parents to ensure that the impact on my credit was not too bad.

Having a high student loan balance does not give you a bad credit score. Exhibiting a behavior of 'Spreading them across' other people actually tells me that you aren't good about actually paying off your own debt.

I have been good about paying credit cards etc. etc.

Really? You pay them off completely every month, never missing a payment? Then I find it hard to believe that you really have a bad credit score.

I guess my question is whether any of you have ever gone through things like that, whether a significant other was just careless about their credit and how you fixed it. We are currently looking at possible credit repair options but not sure what to trust on that front. Do you have any advice about possible steps to take next?

Look at reasons your credit report gives for why you have bad credit.
Is it late payments? Then start paying every payment on time. As the late payments become older, they will affect your credit less.
Is it that your credit card utilization is too high? Then pay the cards down.
Is it that you have judgments against you? Get them paid off.
Is it that you've declared bankruptcy or that you have charge-offs in your past? You will have to wait for time to cure those issues - but in the mean time, make every payment on time, and pay off your balance in full every month.

The only way to get/keep a good credit score is to demonstrate responsible behavior when using credit.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.