The best way to rebuild your credit score and get closer to that 100-point increase is to start showing that you can pay back any money that you borrow. One of the easiest ways to do this is to get a secured credit card.
What is a secured credit card? Basically, it’s a card that requires you to put down a security deposit in order to use it. Then, the amount you put down ends up being your buying limit.
Can I get approved for secured credit cards with bad credit? The answer is yes. Designed as credit cards to rebuild credit, you can have a low score and still get approval quickly and easily. In fact, you can complete your application online in minutes through these card providers to begin the process of rebuilding your credit today.
So don’t wait. Apply today to start fixing your credit. Some of the best secured credit cards you could get include:
- Discover secured card – You get a $0 annual fee, 2% cashback and cashback matching for 1 year.
- Capital One secured credit card – You can pre-qualify online and get no annual or transfer fees.
- OpenSky secured card – This lender won’t check your credit when you apply. You pick your credit line.
- Citi secured credit card – You get a card that is accepted globally and that charges $0 annual fees.