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rebuild your credit history
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REBUILD YOUR CREDIT WITH A SECURED CREDIT CARD
Look for secured credit cards that will report your payment activity to the main 3 credit reporting agencies 2
Remember that your security deposit will be equal to your credit limit. Look for secured credit cards that will allow you to make additional deposits so you can increase your credit limit 3
Use at most 30% of your spending limit. That way, you can keep your debt-to- limit ratio low, which will in turn help you maintain an excellent credit score. 4
In order for secured credit cards to help you build or rebuild credit. You must make all your payments on time 5
Purchase credit monitoring so that you can monitor your credit score and keep an eye out for Identity thieves! 6
Apply for a secured credit card program that offers an automatic upgrade to unsecured account after 12 months of consistent payments. That way, you get your original security deposit back! 7
Secured Credit Cards not only help you build credit, but can act as a Savings Account! 8
Need A Secured Credit Card? Click here for our Secured Credit Cards that will help you build or rebuild your credit! 9