I have a credit score between 540-580, with only 2 derogatory marks from back in 2017.
- 1 credit card, $500 maxed out (paid off yesterday)
- 1 secured loan ~$1700 (unpaid)
I'm trying to qualify for a newer car, but the dealership I went to mentioned those accounts that have been haunting me since I went delinquent with them.
I actually want to bank with this credit union again, as they're supposed to be really helpful and knowledgeable vs. the current big name bank I'm with.
Is it possible for me to negotiate a settlement for the $1700 loan? I make anywhere from $300-600 a week, but I have other things to budget for at the moment. I also need to save for the downpayment on the car when the time comes. Aiming to get the car as soon as possible, because my current one is dependable, but a bit of a gas guzzler!
I'm also wondering what's the fastest/most efficient way to remove the accounts from my credit report. If anyone can offer some advice, it'd be greatly appreciated!
Submitted March 19, 2023 at 05:04AM by MagnanimousAnarch https://ift.tt/YJfD38W
