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How do you start building your credit score

Posted by Percy A Lowe on October 9, 2013 at 7:00 AM

Consider opening new accounts where you can. Do not go in over your head and make payments on time. Another good method to start improving your score is to take out a secured credit card and opening a credit union account. Generally, you make a deposit that establishes your spending limit and then you must make payments on what you purchase.With the secured credit card. If you like to know in full detail the proper credit cards to use, how to use them to your advantage, and how to start the secured credit card off you need to visit: www.coveringyouwithwealth.com

Now opening a credit union account is great because of the relationship you can build. That is a good start to show that you are a responsible person. You are able to out your character back in tact as well.You should always make your first purchase by using the credit union after the bankruptcy is over. Unless the credit union authorize a purchase with you to help.  

Taking these steps is important. Be patient. It will take some time for you to reestablish your credit worthiness, but you can do it. Their is more to learn about recovering after backruptcy.

Categories: Bankruptcy Recovery

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