How long does it take for bad credit thats been paid off clear?

how long does it take for bad credit to clear

I have a dilemma. Year and a half ago my boyfriend lost his job due to the economy. His unemployment ran out which ultimately resulted in his car being repoed. Aside this issue. when he was yonger he screwed up his credit on a couple accounts. Which to this day he still owes them. Although since being older and. show more I have a dilemma. Year and a half ago my boyfriend lost his job due to the economy. His unemployment ran out which ultimately resulted in his car being repoed.

Aside this issue. when he was yonger he screwed up his credit on a couple accounts. Which to this day he still owes them.

Although since being older and responsible. he's followed the rules with any credit he was lucky enough to get and paid up.

Now to this day he still has a repo and bad credit with a credit card and bank. Which this

is keeping him from getting a car in his own name.

I told him it would be better to get a car first. either put it in my name or buy it straight out. (yes I know the risks of putting it in my name. Please don't note this).

But he first wants to clear up a credit card he owes. They gave him a deal that if he pays a certain amount for so many months it would clear his credit on that account. Which he thinks the dealership will see that and grant him credit.

Would this be a wise move? It will hinder him from purchasing a car even longer which I'm tired of him depending on me to take him to and from work.

I'm not sure what the priorities are in this situation since we are on different sides of this.

Any infor or advise would be a big help.

Source: answers.yahoo.com

Category: Credit

Similar articles: