Hey Folks, It's been a while, but I've been laid off since December 27, 2002. During this time my credit repair progress went down the toilet. I literally had no money left and unemployment lagged almost two months behind due to a clerical error. I am starting to see the light, but now a bigger credit battle looms in front of me due to late pays (sigh). Anyone want to offer some words of comfort or share a similar story? Thanks, Andrew
I'll try to offer some words of encouragement. I haven't been laid off for over 20 years, so I can't help you there. My problem is just the opposite--I have to work so many hours right now that I barely have time to breathe. But, I will say just get back to work on it, you'll be back up to speed in no time. At least you know what credit repair is all about, so you're way ahead of many people. You have a good idea of what you have to do to "get there from here." And you know that you have the resources of this board at your disposal. Good luck, I know you can do it.
Andrew, once you realize the problem is there and are willing to do something about it - you are halfway there! I had a bk 5 years ago and should have starting working on cleaning up my credit then, but just kind of crawled into a hole and ignored it. I just assumed my credit would always be bad, but know now what to do. Once you know the game you can fix it. You are here, so you are ready! Good for you!
Let your creditor's know now that you are having a problem making payments. Belive me, it is much easier to keep derogs from getting on your report now than to send out Goodwill and validation letters after the fact. Many lenders will help you by deffering payments and requiring a smaller monthly payment as long as you let them know you plan to make it up as soon as you get back on your feet. It may not work with all creditors, but every little bit counts.
