Newest Posts Blogroll | MarketplaceCredit Cards To Rebuild CreditPosted on February 10, 2010. How many credit cards if you have to rebuild credit? I am rebuilding my credit after ID theft, a couple of problems that were mine and years of essentially having no credit reported. (I mainly use my debit card and pay cash for everything). I do a lot of money now and try to rebuild for the purchase of a condo in the next two years. My good accounts (rental, club, cable, cellular, etc.) have not reported my good credit. So how many cards should I take that will help boost my credit score but not hinder my credit. Thank you! I would go out no more than 2. I would start with a secured card. Certainly you will make an advance deposit for a credit line, but the filing would also attract the interest while you demonstrate your creditworthiness. You can start small, like $ 200-300 or more, like $ 1000-2000. Anyway, I strongly suggest you continue using your debit card and pay cash, as you did, and make small purchases that you can pay in full every month (about $ 20-50 ). I would only use the credit card in case of extreme emergency. After the secured card is unsecured, so you may receive offers for other cards, but the chances are that the card can work as well. Make sure all the litigation that has been involved in identity theft and make sure you have a police report. Your "good accounts (rental, club, cable, cellular, etc.) can be reported by the same agency called PRBC reports. ( http://prbc.com/default.php?) is for real. You can have your good credit and respect submitted a report which can be seen marked with your traditional credit reports. It has become increasingly popular, and I am sure this will help you enormously. You'll need to visit: http://www.tmssolutions.net Flag One! and just keep up with payments. An absolute maximum of 3. You do not want too many news both because it hurts too. Hello ... Here is a resource to help you with your credit needs and everything you need to know about building credit, all the best You will only need to do. Don t let someone sucker you into debt. You do not need. Find a mortgage lender that still does "manual underwriting. That's what they call the process lenders use FICO came before. They look at your income and debts (if you did, you would not ask that) and actually decide whether you are creditworthy. Any manual review your subscription to cable, cellular phone, etc. You may have to sign a waiver that allows them to check with the cable company, etc., but if you have a good payment history, not a problem. You can request your credit to be reported as usual utilities will not report unless you have a problem. "It is enough. Go for a reward credit card: CommentsThere are no comments.Leave a Comment |