Get Started On
Rebuilding Your Credit.
An ideal way to establish or rebuild your credit in Washington and Texas is to open and maintain 3 open accounts. Two can be revolving (secured credit cards are ideal, see options below) and 1 institutional secured personal loan from your local Credit Union or Bank.
We believe in a debt-free life, so the best plan to rebuild your credit is to use your own money while re-establishing your credit.
Unlike traditional banks (Bank of America, US Bank, Wells Fargo i.e.) these banks will not report them as secured
cards and therefore no one will know it’s your own money.
The Secured Cards we recommend are ideal because they come with $200 minimum limit and $0 annual fees and will report on to the 3 credit bureaus as regular credit cards and help you rebuild scores tremendously within 60-90 days!
If you are renting you may qualify to get your rental history reported to one of the three bureaus and it can help with as much as 100+ increase!
IDEAL INSTRUCTIONS ON HOW TO USE THE CARDS TO REBUILD YOUR CREDIT:
- Use at least every 4-6 months
- Try your best not to use more than 25% ($50 or less)
- Always pay in full to avoid paying interest