How to Repair Your Credit
http://live.pirillo.com – Credit is a difficult thing to manage, since it’s not as concrete as cold hard cash. Jason learned that the hard way back in 2000 when he started a business that eventually failed. He has since crawled out of his hole of debt and along the way has learned a lot of things that anyone dealing with debt would use.
Here is a little bit of information on how Jason turned his financial life around:
- How to Get Out of Credit Card Debt
- What is a FICO Score?
- What is a Good Credit Score?
- How to Improve a Credit Score
- What is Credit?
- How to Manage Your Credit Card Debt
- Credit Cards vs Personal Loans
- Free Personal Finance Software
- What is a Credit Card?
- How to Get a Credit Card with Bad Credit
Jason here, I wanted to share with you the whole story, not what was glazed over:
The $200,000 figure came from multiple loans and credit card bills over a period of time (I was not encumbered with this entire debt overnight).
After a variety of court procedures and legal agreements I was able to significantly reduce the amount of money I had to pay out of my own pocket. The total actually paid out of my own pocket was $65,000 for the entire debt.
I worked at several jobs, but the first step to fixing my problem was by obtaining a minimum wage job.
Since hourly work in the service sector can be spotty at best I often had to keep two or more jobs to maintain at least 30 hours worked per week. Some weeks I was able to pull in upwards of 60 hours, while other weeks I was only able to clock in 20.
After working at several jobs over several years I was finally able to pay off my debts.
I also owe a lot to my family who helped me pay for court costs and attorney fees.
Thanks for taking the time to read this, I hope this answers any questions you may have regarding my debt.
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6 Comments
Credit Debt
May 29th, 2007
at 7:55am
Consolidation Help ? Get Help To Get Out of Debt … American Chronicle Types of Debt Consolidation Loans American Chronicle Debt Consolidation Companies – Look For Other Options American Chronicle all 14 news articles Recent Blog Posts How to Repair Your Credit How to Get Out of Credit Card Debt; What is a FICO Score? What is a Good Credit Score? How to Improve a Credit Score; What is Credit? How to Manage Your Credit Card Debt; Credit Cards vs Personal Loans; Free Personal Finance Software
Credit Debt
May 29th, 2007
at 7:55am
Consolidation Help ? Get Help To Get Out of Debt … American Chronicle Types of Debt Consolidation Loans American Chronicle Debt Consolidation Companies – Look For Other Options American Chronicle all 14 news articles Recent Blog Posts How to Repair Your Credit How to Get Out of Credit Card Debt; What is a FICO Score? What is a Good Credit Score? How to Improve a Credit Score; What is Credit? How to Manage Your Credit Card Debt; Credit Cards vs Personal Loans; Free Personal Finance Software
Windows Fanatics
May 29th, 2007
at 9:23pm
t working very well at the time we recorded this, I’m pretty pleased with how this video / conference call turned out. Keep in mind, possibly before you watch (or listen) to our segment, that Jason has fully explained his situation in the How to Repair Your Credit post. There’s no way you could crawl out of hundreds of thousands of dollars of debt with nothing more than minimum wage. I’ve (thankfully) never been in such a dire situation before. The worst debt I
Windows Fanatics
May 29th, 2007
at 9:23pm
t working very well at the time we recorded this, I’m pretty pleased with how this video / conference call turned out. Keep in mind, possibly before you watch (or listen) to our segment, that Jason has fully explained his situation in the How to Repair Your Credit post. There’s no way you could crawl out of hundreds of thousands of dollars of debt with nothing more than minimum wage. I’ve (thankfully) never been in such a dire situation before. The worst debt I
GreenSD
May 29th, 2007
at 4:05am
Thank you for sharing all that great info. I worry that the credit card companies are just going to make it harder for people to really know what they are getting into and keep creating all theses fees that almost impossible for a financially savvy person to even understand. And its not just individual consumers but also small business who are taking a hit from all these charges. The interchange fees that are tacked on there are just one more example of a hidden fee that are making everything more expensive for all of us. A group that I work with is trying to shed more light on this as well, http://www.unfaircreditcardfees.com/, they also have some good information on this subject.
GreenSD
May 29th, 2007
at 4:05am
Thank you for sharing all that great info. I worry that the credit card companies are just going to make it harder for people to really know what they are getting into and keep creating all theses fees that almost impossible for a financially savvy person to even understand. And its not just individual consumers but also small business who are taking a hit from all these charges. The interchange fees that are tacked on there are just one more example of a hidden fee that are making everything more expensive for all of us. A group that I work with is trying to shed more light on this as well, http://www.unfaircreditcardfees.com/, they also have some good information on this subject.