I can’t get approved for anything, how can I rebuild my credit?
The success of your credit repair effort depends on the presence of good, open accounts on your credit report. The FICO scoring software needs some current indication of your ability to meet your obligations. Without open accounts your credit scores will languish and you will be disappointed in your credit repair results.
Secured Credit Cards
If you can’t get approved for regular credit cards, just get secured cards, they are the perfect credit repair tool. They are easy and inexpensive to get and you will not be turned down. Small secured cards are every bit as valuable to your credit repair as any high limit unsecured cards. Just make sure to keep your balances low and make your payments on time.
A Major Credit Score Boost
Here is a little incentive for you. If you don’t have any open accounts right now, two new secured cards can be worth over 100 points within six months of their first reporting date. If you are in our program we will recommend our favorite low cost secured cards.