Kind of inconsiderate of the bankers to want to see your payment history when they are considering loaning you their customers money.
So you decided that the cable company that you subscribed to was charging you to much so you stopped paying, as well as your cell phone carrier. I cannot believe that they reported you to the credit bureau's.
All sarcasm aside, if you haven't already you should try to settle those items with the companies, requesting that they take it off your credit report, also request a letter stating that the item has been settled. This will help you get a loan and often it will help you with the rate. I have seen loan applications get denied because of delinquencies from cell phone carriers.
I wish you well with your studies!
Well, when you lose your job due to a condition that you can't help, then use the rest of your savings to live off of while supporting the girlfriend of 5 years that's living with you because she lost her job, the moving out because it turns out that she's a cheating whore, yeah, sometimes a few bills won't get paid.
I worked for a credit department, so I know the game well. The debts are to the point that they're starting to fall off of my credit report. Once I'm finished with college, I'll work on paying them off. I've also had a few debts completely erased because the collectors broke a few laws (namely, telling people that answered, and leaving messages stating that they were bill collectors).
Once I get everything squared away, I really doubt I'll ever use credit, other than for buying a house. Everything else can be saved up for. Between learning how to get by without credit, and learning how the credit system works, it's really a lot less important and useful than the average American gives it "credit" for.