Problems & Solutions
There are a lot of different situations that you might face when repairing your credit. Here's a few with some tricks on how you can handle them. If your situation isn't listed here or you need more help, keep scrolling!
LATE PAYMENT REPORTING IN THE LAST 24 MONTHS
Contact the company reporting the late and beg for them to give a goodwill removal of the 30 day late.
RECENT COLLECTION REPORTING
Once the collection company receives it, they will report on your credit report as a new account referencing the original creditor. Call the collection company, and request them to delete the account if you are willing to pay in full today.
CREDIT CARD BALANCES (REV) ARE REPORTING TOO HIGH
If you cannot pay down your balance right now, call the bank and ask them to increase the credit limit so without you having to pay it down, it helps your credit utilization amount and will improve your credit score. You can also try to consolidate the debt with a personal loan. Try and find out the date your cards report and make sure the balance is only reporting $20 a few days before to help your credit utilization.
Looking for more?Visit the Color My Credit Store to book a consultation with Alisa, sign up for the course, or get the book!
Looking for more?
I have a ton of free information right here on this site as well as my YouTube, Instagram, Facebook, and TikTok to take care of almost any credit situation.However... some of you may need a bit more help, and that's okay. You're free to take advantage of one of the following options so we can work together to build you a credit empowerment plan tailored to your needs.
One-on-one Consultations
Choose either 30 or 90 minutes of personal coaching. We'll go over your reports and put together a game plan for you.
The Color My Credit Online Course
The online course is available for a one-time purchase, then it's available to you forever! Work at your own pace to cover pretty much any situation you might be facing when rebuilding your credit, including collections & charge-offs, judgements, student loans in default, and filling your pockets with extra savings.
Color My Credit in Paperback or EBook Format
Get the Color My Credit book and begin your journey to credit repair in a classic format.
Color My Credit Digital Workbook
A companion piece to Color My Credit and your credit empowerment journey.