Help with credit? I have some bills that i am going to start paying on in order to fix credit.?

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I need to know what shows up on your credit report?
When i as 18 i was an idiot and got a place with my best friend and i got the cable and electric in my name and i didn’t pay the last months bills for the last month we lived there. I also have 2 medical bills and i owe National City Bank 150. in overdraft fees from three years ago. Three years ago i got a car which was from a buy here pay here and they said they didn’t mess with credit unless i needed a referral from them, but i never paid the last 400 because the car broke down on me before i had it for a year, i paid over 3000 on it though like an idiot so i didn’t knowif that would appear or not. I am going to call tomorrow and start making payment plans with the four biggest places i owe, i am doing this because i have a daughter and i love her and want to have a stable house for her to live in by the time she is in school..
Is there anything i can do to help get myself out of this mess after i pay the places off? What can i do to build credit?
Also do you have any idea how much it will cost me to get a verizon wireless phone in my name? Like down payment wise? In all i think i am in debt $ 500- $ 700 dollars, and i happened to forget that i got into a wreck w/o insurance two years ago and owe $ 2600 i go to court on the 27th for it, is there any way to get that amount lowered?
I do need a cell phone due to the fact i am going back to work when my daughter is 10 weeks, thank you. Most people i know are in far worse debt than me and have NO expectations of clearing it. I am only 22, so why be rude and not answer any of my questions?!?
Thanks to the first two answers!!!!:)

  1. Reply
    November 10, 2011 at 1:04 am

    First of all, credit matters, good, bad or indifferent, your history is on record for at least 10 years even if most people believe this history is reflected on the record for 7 years. If you are really concerned about your credit history, you need to check with the 3 main credit bureaus and find out exactly the information contained in on your credit history and I have no doubt that it isn’t good. You need to be aware that most creditors have your Social Security number and as such it is easy for them to refer you to a Credit Bureau as a very bad credit risk or dead beat.

    The only way you are going to get into a plan of action to restore your credit is to find out what is out there and fix it, period. Running away from your credit and financial responsibility will haunt you for a very long time. You sound like the kind of person who wants very much to get your ‘financial’ life back on track and you and only you can fix it. Get started today and good luck.

  2. Reply
    November 10, 2011 at 1:59 am

    I would def check your credit score because some companys write stuff off. They have a grace period for you to pay and if you dont then they get rid of it. Not always the answer though. Also seek help from a free credit advisor or legal it will help.

  3. Reply
    November 10, 2011 at 2:48 am

    Good God. The last thing you need right now is a cell phone bill. Get your finances in order first.

  4. Reply
    Kathy K
    November 10, 2011 at 3:14 am

    Regarding the phone….if they have MetroPCS where you live…it’s a good deal. It is a flat rate (around $ 45/month) for unlimited phone service. The doesn’t includes pictures, internet, etc…but it will keep your phone bill at a low, set rate each month and you won’t have to worry about a big bill, or not having contact with whoever is caring for your baby. As for rebuilding your credit…do what you said. Pay off those old bills and get a secured credit card. You will have to put up an amount equal to your credit line (send in $ 300 if your credit limit is $ 300) and you can use the card to establish credit. When you are ready to close that account, your money will be refunded to you. This kind of card builds credit just like an unsecured card, no matter what you might be told. I know, because that’s how I started building my credit when I first became an adult. Good luck. It will take a little time, but you can do it. 🙂

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