Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Question

Share this question with others:
Profile Image
What should i do to improve my credit?
Good question? Vote for this

I have alot of debt, and my credit score is 505.Should i pay debt,or update with new credit and pay on time.Please help me.I want to eventually buy a house

Asked by Cwatts22 5 months ago Flag this question Flag this Question

Response

2 responses

Greenpath credit counselors are highly recommended.  Check them out.  They help with consolidating, reducing payments, budgeting etc.  Good Luck.

Reply

nandog 5 months ago

For now ... just pay your existing debts. New credit sounds as if it could be too much of a temptation for you -- besides which, with a 505 score you'll have a hard time getting credit, or at least getting it at reasonable rates.

Reply

Clairissa 5 months ago

  • Prev
  • 1
  • Next

Reply To This Question


Submit Your Response
Receive Response Email Alerts

We'll alert you when a response or reply is posted to this question.

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.

Let the community lend a hand!


100 Characters Remaining

3 Most Recent Questions in Credit Scores

whats the difference Vote for this

0 Responses
Asked by creana
under Credit Scores

Featured Credit Repair Service

  • Take action and start work to improve your credit, today!
  • Lexington Law helps you work toward the removal of questionable, negative items on your credit reports.
  • They have served over 600,000 clients since 1991
  • Active Concord-level clients see, on average, 8.7 removals by month 3 and 28.6 by month 12*

*Your Results May Vary

SERVICE PROVIDED BY

Lexington Law Credit Report Repair

See Details

Over 1 million negative items removed by Lexington Law last year, including:

  • Collections
  • Late Payments
  • Bankruptcies
  • Foreclosures
Call For Your FREE Consultation:1.855.255.0203
Welcome to Credit Karma! Like our service? Share the karma and recommend us on Facebook.