Fast Credit Repair
by Ars Electronica

Question by ericfromsouthpark: How long after repairing bad credit could you be eligible for a new loan for school/training?
I have atrocious credit. 2 defaults, various revolving accounts, and numerous collections that have made their way onto the report. I also don’t have a co-sign. For the better part of the last 3 years I had recurring, misdiagnosed conditions that prevented me from working steady.
I want to fly helicopters, but the cost of school is so that it would be faster to pay off debt and get a loan to complete training (leg > commercial pilot), than it would be to save money and pay out of pocket. It’s also maybe the right thing to do. I know items stay on the report for ~7 years, but, even with bad history, if you don’t actually owe anyone anymore I would have a better chance I would assume.
Even if it’s not helicopters, I need to finish school. I have 70 hours and lack 8hours for an associates in aviation science (air traffic control), but I haven’t been able to get a job in the field. So instead of “finishing” school I should say I need to go back and get some other type of training.
one or two classes? where did you study? At Thomas edison state 8 hours is 8 classes, roughly $ 1100 just to register.

I did know about the fafsa already, I couldn’t submit it because of tax information and vet status problems. Working to fix it.

Fast Credit Repair
Best answer:

Answer by niceperson44
You cannot repair bad credit!
You can only wait seven years for the bad credit to
get erased from your credit report.
The idea of repairing bad credit is making me laugh!

If you only need eight more hours for an associates, that is only one or two classes! Why stop when you are almost done?
You sound a little disoriented.

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