To rebuild a bad credit history, you must begin adding positive information to your credit score. The more positive information you can add, the more your credit score will improve. The trouble is finding credit cards for rebuilding bad credit. The majority of credit cards on the market are for people with good to excellent credit scores.
John Ulzheimer is the President of Consumer Education at SmartCredit.com , the credit blogger for , and a contributor for the National Foundation for Credit Counseling . He is an expert on credit reporting, credit scoring and identity theft. Formerly of FICO, Equifax and Credit.com, John is the only recognized credit expert who actually comes from the credit industry.
Credit cards are a fact of life. You need one to make a hotel or plane reservation, or to rent a car, even if you plan to pay cash. Many stores require a credit card to accept your check. Responsible use of a credit card builds a good credit rating, too, marking the owner as mortgage-worthy.
MarilouHear posted this on Dec 06 04:27 PM Before you go for your next shopping next shopping spree and swap your credit score playing cards with out considering much about whether you are flaring nicely in your credit score lifestyle or not, it is time to verify your credit report as soon as.
