Get The Credit You Deserve!
Rebuilding your credit after a financial mishap can seem like an impossible task. Although most lenders require healthy credit scores to obtain loans and credit cards, there are many programs available for those with less-than-stellar credit histories.
To get the credit you deserve, be sure to check out these offers from our lending partners.
Personal Loans
Evvo personal loans can help you consolidate debt, finance big purchases, and even rebuild your credit. Rates start as low as 2.49%. If you’re tired of struggling with payments or dealing with harassing calls from creditors, you can break free in just a few simple steps:
- Complete the simple online application
- Compare rates from various lenders
- Receive the funding you need to move forward in life!
Credit Cards
Arro is not your typical credit card. Through the use of financial literacy activities, individuals can improve their financial well-being and increase their credit limits. Most applications are approved immediately and no security deposit is needed!
- No credit history needed to apply
- Get approved for up to $200 instantly
- Earn lower interest rates & exclusive rewards
- Reports sent to all three major credit bureaus
The Arro Card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International. Privacy Policy.
Auto Loans
Looking to refinance your car loan? iLending is a trusted resource that can help you find the best car loan terms based on your specific needs.
- Save on average $143/month*
- Skip up to 90 days of car payments*
- Applying is easy and doesn’t impact your credit score
- No application fee
*See the iLending website for more information.
5 Tips For Rebuilding Your Credit
Rebuilding your credit takes time and effort. Although there is no magic wand to make your past mistakes disappear, these five tips can help you move forward and improve your credit rating.
Pay on Time!
Make sure you are paying your bills on or before the due date. Go online to schedule payments ahead of time to avoid missing the due date. If you mail in a check, send it out at least a week early to avoid postal delays.
Apply For a Secured Card
It may be difficult to get approved for an unsecured card if your credit rating isn’t the best. One way to build back your credit is to open a secured card. Just be sure to read the fine print, so you understand the fees and interest rates associated with the card and compare terms with various lenders before applying. In some cases, secured cards may revert to unsecured cards after several months of on-time payments.
Pay Your Balance Off Each Month
Another good tip is to pay off your credit card balance each month to avoid finance charges. This also helps keep your credit utilization ratio low, which will raise your credit score. If you’re unable to pay the balance in full, however, try to keep your balance below 30% of your total credit line. Having a credit-to-debt ratio above this percentage may harm your credit score.
Don’t Apply For Too Much Credit
Once your credit starts to move in the right direction, be careful not to derail your work by applying for too many loans or credit cards. Even opening a new account to transfer old balances may put the brakes on all your good work.
Review Your Credit Reports Quarterly!
As you work to improve your credit, it’s important to review your credit report regularly. We suggest requesting your report from the three major credit bureaus (Equifax, TransUnion, and Experian) each quarter. Keep an eye out for any incorrect information that may negatively impact your score and dispute any errors.
Remember, your credit score is based on your history of paying bills over time. It requires a consistent effort on your part. The longer you maintain an account and pay on time, the easier it is to show you’re a good credit risk.
Need Help Fixing Your Credit?
Schedule a free consultation today!
Advertising Disclaimer
CreditSolver, a MoneySolver company, is compensated by the companies on this list. Compensation may also impact the order in which offers appear. This list does not include all lenders or loan options available in the marketplace.
