Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
Sguev7814

0 Contributions
0 People Helped
I have a credit score of 534 no credit cards no loans just medical, bank charges how can i increase
So i have no credit cards and all i have is medical charges and cash advance charges and also bank charges. How can I increase my credit fast. I wanna buy a car and get a credit card not a secured card. Please help

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
740 Contributions
796 People Helped
Most Helpful Response

Helpful to 1 out of 2 people

If you don't want a secured CC card your only other option is to scrap together a spare $1,000 go to you local bank open up a new checking account seperate from your current one....apply for a cash secured loan take the $1,000 you have in the new account use it as collateral and then take the $1,000 the bank gives you plus $60 for interest put it in the new account you just opened....set it up to were the bank does an auto pay so you don't have to remember it and in 6 months your score will be high 500's.....MAKE SURE ITS A SEPERATE ACCOUNT so your not tempted to spend the money otherwise your will put your self in a bigger hole and make sure the $1,060 is spare because it will be tied up for 6-12 months....you have the option to pay off the loan as early as 6 months thats the minimum to affect your credit score

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.