Dikih is a graduate who transformed her credit score from 560 to 730 in just 2 years. She ruined her credit score by simply not paying her student loans which is something many students struggle with daily. To fix her score she basically figured out what was causing her score to decline and researched how to negotiate with debt collectors. She ended up paying off her debt and late penalties and then opened 2 credit cards that she pays off each month to rebuild her credit. In order to fix your credit, you need a plan and you need to attack your debt as quickly as possible.
- Unpaid student debt and difficulty in finding steady work with solid pay dragged down Adriana Dikih’s credit score.
- Negotiating a settlement to pay off old debt, while often costly, can be a valuable way of raising your credit score.
- Dikih also benefited from establishing a history of on-time payments, and through the use of secured credit cards.
“Every few months, Dikih’s car would break down and need expensive repairs. She had financed her last car purchase and knew that if she wanted to take out another loan for a new car, the dealership would pull her credit first.”