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maw863

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I have a credit score of 544. how can i go about boosting it and rebuilding credit?
I have over 30,000 in student loans but im still a student and not in default on any student loans. I have four accounts in collections not totalling 2000.00 . if i paid off the accounts in collections how soon can it impact my credit score.

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nobody here can answer your question, to many unknowns.

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I'd say start by checking the age of your collections. If they are old enough (any where from 5 to 9 years old) see if you can dispute them and have them removed from your credit. I'd ask if you can qualify for a credit card with a small balance to start with, but a credit inquery could lower your score more, so I don't know about that one. See if someone can carry you as an authorized user on their card, carrying someone "piggy-back" on a card could help you. If you're not in a position to do that or open a new account, then I would say try and get those collections off your credit, that's a start.

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