Well im so upset i didnt realize how important credit was and never paid my students loans now i have them in the negative standings 160 days late. But i have been making payments on them since may. I have a good job now and make about 8,000 a month but back then i wasnt. I have no credit cards i usually use my atm and cash to make purchases that are 1,000+. How can i build my credit???? It's 516 is that bad please help me and tell me what i can do.

516 is a pretty low score sorry to tell you. Just keep paying everything on time. It will take time to rebuild. Do you have any other credit cards? If so, use them a little then pay them off in full each month. That will help raise the score.