Posts tagged "tried"

How To Get The Right Credit Score

How To Get The Right Credit Score

Have you ever tried getting a letter coming from your credit agency that displays your credit score and the question running through your mind is how did it come about? That’s the usual case a credit holder is experiencing when he or she sees how low their standing is.

When it’s not good, of course, you want to fix it. Watch this video.

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Posted by Trevor Jones - August 14, 2013 at 2:29 pm

Categories: Credit Score Videos   Tags: , , , , , ,

I have tried applying for loans and cards. How can I fix my credit?

Question by ravenous_person: I have tried applying for loans and cards. How can I fix my credit?
I’m gonna get a Verizon phone, will a cell phone fix the bad credit I have? The loan I applied for said I had “no established credit” But I did have something in collections. It is listed as Paid.

Best answer:

Answer by Cold
Cell phone do not report your payments to the credit bureaus.
Therefore they do not bring any benefit to your credit.

Consider getting a secured card.
You drop about $ 500 to $ 1,000 into an account and get a debit card to use against it.
Replace the money in full each month – no games.
Only a small percentage of these cards are turning into credit cards.
People that get them usually have bad credit, and can’t seem to be able to pay in full each month for what they use.
Use it wisely – it will reward you with good credit in a couple of years…

Know better? Leave your own answer in the comments!

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Posted by Trevor Jones - May 14, 2013 at 1:57 pm

Categories: Credit Score Questions   Tags: , , , , , ,