March 23, 2018

Home  >  Bad Credit Credit Cards  >  Articles

Your Information Is Secure
Credit Cards: The Lowdown Newsletter

Latest Reviews

Air Purifiers

Baby Cribs

BBQ Sauce Clubs

Candy Clubs

Dog Beds

Graduation Invitations

Hair Care Products


Mystery Shopping

Web Hosting


Related Articles

Credit Card Offers for Blemished Credits

Credit Cards for Poor Credit Scores

Take Charge of Your Credit Score


Top Consumer Reviews Articles provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

Take Charge of Your Credit Score

The bad news is that youíve come out of the recession with shaky credit but the good news is that poor credit is only temporary. Many Americans have suffered a serious financial setback in recent years. Remember that youíre not alone and itís not as embarrassing as you might think. But, itís time now to own your credit score and take charge of your financial health. Several steps can get you on the road to improving that fledging score into something that is much larger and more powerful in the eyes of lenders.

  • Take a look at the damage. Obtain a copy of your credit report from all three agencies. More often than not youíll find reporting inaccuracies. Hereís your chance to instantly improve your credit score. Dispute any inaccuracies with the respective lender. Often credit card companies are unable to provide proof of the negative occurrences and will be required to reverse the entry with the reporting agencies. Continue to periodically review your credit history to identify inaccuracies and monitor your progress.
  • If you still have any open credit cards look for those with unfavorable characteristics such as being over the credit limit. By bringing balances within the credit limit or preferably lower youíll see an improvement to your credit score. Ideally a credit balance is maintained at 30% of the available credit or lower to get the praises of credit card companies.
  • If you canít afford the minimum monthly payments on your existing credit cards many companies are willing to talk to you about creating a payment plan. This will not improve your credit score but will help stop the bleeding.
  • If you donít currently have any credit cards open in your name look for those that are designed for people in your situation. Secured credit cards that report to all three agencies are going to be your best option to directly improving your current credit score. Of course, thatís only if you spend responsibly and make monthly payments on time every month with no inconsistencies. When choosing a credit card make sure youíre mindful of the fees associated with the application process and any annual charges. Often youíll have to live with fees associated with these types of credit cards but make sure to identify the costs ahead of time.
  • Utilize your new credit card each month but do so in a responsible manner. Youíll get the biggest credit score boast by regularly using your credit card while keeping the spending down and paying off the balance each month when possible. You donít have to buy frivolous goods with your credit cards Ė use them to pay every day expenses such as cell phone bills or grocery purchases.

Taking charge of your credit score, after a rough patch, is a great way to get yourself and your credit history back on the road to financial strength. Consider opening a new credit card to prove to lenders that you can be a responsible consumer if given the chance.

Top Unsecured Credit Cards For Bad Credit

These credit cards have either a low on-going interest rate, low introductory interest rate, or low on-going fees. Most of these cards also have reasonable rewards programs and additional card perks. Rewards are one of the most requested features in credit ...

Published:  Mon, 19 Mar 2018 12:11:00 GMT

Data breach at Expedia's Orbitz affects 880,000 credit cards

CALIFORNIA, U.S. - Expedia-owned travel website Orbitz disclosed that it had suffered a massive data breach, which has exposed credit card and personal data of about 880,000 of its customers. The website said in a statement that bad actors may got their ...

Published:  Thu, 22 Mar 2018 09:29:00 GMT

3 Ways to Use Credit Card Rewards to Your Advantage

The most rewarding way to use credit cards. Using credit cards for outside capital isn't a bad idea, especially for entrepreneurs who have a plan for avoiding any snags. Minimizing credit card debt is easy if you take care to pay the minimum monthly ...

Published:  Tue, 20 Mar 2018 11:00:00 GMT

DAVE SAYS: Credit Card Settlement Programs are Bad Idea

I received a call the other day from a company saying it could negotiate the balance on my credit cards to a lesser amount. The caller also said they could get me a 0-percent interest rate until the debts were paid off, and then the accounts would be closed.

Published:  Sat, 24 Feb 2018 16:00:00 GMT

7 Bad Credit Card Habits You Can't Afford to Keep

Credit cards can be great financial tools if you use them responsibly. You can earn credit card rewards on your everyday spending and build your credit with a positive payment history. But if you use credit unwisely, you can dig yourself into a hole of ...

Published:  Sat, 27 Jan 2018 03:40:17 GMT

Credit card defaults on the rise, and Chicago is worst, as holiday bills come due

Another reason for rising credit card defaults, observers say ... A lot of the borrowers who are opening up lines of credit now are "subprime" - those with bad or limited credit history or low credit scores - noted Bruce McClary, spokesman for ...

Published:  Mon, 22 Jan 2018 10:11:12 GMT

Unsecured Credit Cards for Bad Credit

Unsecured cards are the most popular type of credit cards available - they are simply regular credit cards. The term "unsecured" means that you don't need to deposit money or use any other collateral in order to receive a line of credit - credit ...

Published:  Wed, 07 Feb 2018 03:17:27 GMT

Share Us!    Share on Twitter Share on LinkedIn Share on Google+ Share on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure