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 Scores
Profile Image

Question By
jeremyotterbox

0 Contributions
0 People Helped
What else can I do at this point?
I'm trying to bounce back from a score that was in the mid 500's due unpaid credit card and phone bills that had gone to collection agencies.

Over the past year, I've paid off all my debts and signed up for a secured credit card (of $200) which is slowly rebuilding my score (I'm up to 590). I have a good job now and am a lot more responsible. What else can do I to repair my credit at this point? I understand it'll take awhile but I want to make sure I'm doing everything I can.

Would opening another secured card help? And, where do you find ones with higher limits?

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
10 Contributions
5 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

If you go to the credit factors portion, It will tell you how you rate. Generally keep your balance low under 10%. Pay on time 100% of the time. Also a variety of accounts is important as well as age of accounts. I would suggest you add an account. and use it minimally and pay off on time. If you have 3 accounts thats 3 on time payments instead of just one.

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.