and Debit Cards are a great way to establish, fix, or build credit.
But there are some key points that many people miss and end up
messing up their credit. We will give you simple steps on how to
use your credit card the right way in order to improve your
keep applying for credit cards right after you get declined. Each
time a company runs your credit it’s put on your credit
report. A lot of credit cards won’t accept you if they see
you have applied to other cards recently.
your minimum balance no matter what. Even though your minimum
balance might not take much off of your total balance you should
pay it each month if you can’t pay more. Believe it or not as
long as you pay your minimum balance you will never be sent to
*A lot of
people have bad credit and they always say “I can’t
even get a credit card to improve my credit”. This is
completely wrong, you can get a secured card, which works just like
a debit card with a few differences. The reason it is
“secured” is because you have to make a deposit on the
card in order to use it. Make a $100 deposit and you will have a
credit limit of $100. The good part about doing this is that they
report to credit bureaus. This means that you can make your
everyday payments on your new secured card, and at the end of the
month they will tell the credit bureaus that you paid your balance
in full. Great way to build credit! You can find these cards on our
Bad Credit Page.
don’t have too many credit cards at once. It’s better
to have one credit card with a balance of $2000 on it, than to have
4 credit cards with a balance of $400 on each of them. So if you
get a chance get one card and use the balance transfer feature to
get all your credit card payments on one credit card.