In this article l will discuss how to increase your credit score using a bankruptcy credit card.
When you are building your credit score, you want to start small. Open one account and use it at least once a month to make a purchase. This can be a regular purchase that you have cash to pay for. The point is to use your credit and then repay it. Every time you make a payment, it will show up on your credit report.
Lenders will also look at how often you make payments. So using your card once a year and paying off the entire balance that month wonât do you much good. Your credit report covers three yearsâ worth of payment history, and lenders want to see your payment pattern.
Donât max out your card either. Only use a small portion of your credit to show View the rest of this article
Saturday, September 29, 2007
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