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

Posted in Credit Scores
Profile Image

Question By
halpin1567

0 Contributions
0 People Helped
How do you dispute things that are in collections?
My credit score is a 506. I am trying to repair it myself in about a year in order to buy a house. I am looking for any kind of suggestions to help with this.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
7376 Contributions
3814 People Helped
Most Helpful Response

Helpful to 2 out of 2 people

If it is one of your accounts and you know it, collection activity is due to the fact that you had not made payments in a timely manner.  If it is NOT your legitimate debt, you have to demand that the collection agency validate your debt, and they know what information is required.  FYI- it's a clear copy of the orginal contract/credit agreement with YOUR signature on it.  If they can't validate, the debt is to be removed.  You may not be ablew to get a house within a year because credit accounts remain on your report for up to 10 years, according to the Fair Credit Reporting Act, which is federal law and nothing can change that.  You can, however, make timely payments on all current accounts and work to pay them off quickly.  That will work in your favor for the future.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

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.