I have bad credit and im trying to build my credit any advise would b appreciated?

Get a secured card, then use it properly. That's about it.


See http://finance.ebookorama.com/nextmilenn鈥?/a>I have bad credit and im trying to build my credit any advise would b appreciated?
There are five cardinal rules that you should follow. If you religiously follow these rules, your credit will turn around and you'll be a very attractive customer to future lenders.





(1) Pay your bills on time. Everytime you pay a loan or credit card 30 days or more past due, it goes on your credit report and remains there for 7 years.





(2) If you can't pay off what you charge on your credit card within a month - don't charge it. It is real easy to get carried away and wrack up a huge bill - especially when you see that big screen TV and the ';no interest for 12 months'; teaser rate. People fall for this all the time. The retailer knows 95% of customers won't be able to pay off the TV within the 12 months. That's why they can afford to offer no interest for 12 months.





(3) Keep your lines of credit opened. You should only rarely close out credit cards and lines of credit - especially your oldest ones. The age of your lines of credit are calculated into your credit score. The older, the more valuable.





(4) Keep your credit/debit ratios low. This is the amount of credit you have available versus how much debt you have. Lenders like to see this number at 30 percent or lower. Meaning, if you have $5,000 worth of credit, don't carry more than $1,500 in debt. Even a person who has never had a late payment will see their credit score wrecked by having their ratios too high.





(5) If you're having trouble paying your bills, be proactive and do something about it. Don't be afraid to get in touch with a credit counseler and ask for help. Get your loans refinanced if possible, settle debts, consolidate, etc. Don't wait until you get a court summons or a foreclosure notice. A settled debt looks a lot nicer on a credit report than a bankruptcy or foreclosure.





Good luck! :)I have bad credit and im trying to build my credit any advise would b appreciated?
小redit repair work械d fine to fix my credit. They disputed and removed lots of bad items from my credit report. I used this service - freecreditreport.hotusa.org
Steal someone's identity. It's really easy and difficult to prosecute.