Credit cards can be your best friend or your worst enemy. They are great when you\u2019re in a bind financially, but that bind can put you in another bind if you\u2019re unable to pay back the balance on your card and it begins to accrue interest. It could have the snowball effect until you find yourself unable to pay back any debts and unable to obtain any new credit lines. Now what? Are you looking for a better credit card, but unable to qualify? The following are some ways you may be able to reach that higher credit score.<\/p>\n\n\n\n
It probably sounds impossible, but there are ways you can rebuild your credit by obtaining a new credit card. You won\u2019t get that good deal you\u2019re looking for right away, but you could get a card that will help you work towards good credit. Some things to look for when picking which card to apply for include:<\/p>\n\n\n\n
Keep in mind the way credit<\/a> bureaus calculate your credit score as you move ahead with a new card. A whole 35% is based on payment history, and 30% is based on your available credit and how much you owe. <\/p>\n\n\n\n If you have a history of not being able to pay your creditors on time, decide today to change that. You may have to get a second job or sell some things, but once you get into the habit of paying your debts<\/a> on time, it will become easier to do. <\/p>\n\n\n\n If you are unable to make a payment, contact your creditor. In some cases, though not all, they can offer you an extension. Such extensions allow individuals like you that little bit of extra time needed to get their finances in order and make their payment. Really anything you can do to show potential lenders you\u2019re responsible with the credit you have will help you obtain a future credit card.<\/p>\n\n\n\n Often times, individuals don\u2019t realize their credit score contains mistakes that are bringing them down. It could have been that someone transposed just one digit of a social security number wrong, so a negative mark went on your account when it should have gone on someone else\u2019s. It could also be that a date was entered wrong, so it looked as though you paid an account late when you actually had it paid on time. <\/p>\n\n\n\n When you do find mistakes on your credit report<\/a>, you can dispute them with Equifax, TransUnion and Experian. It\u2019s simple to do online, and you can call a representative directly as well. Be sure you have the proof and information needed to dispute the items, and double check at a later time to ensure they were removed from your report.<\/p>\n\n\n\n With a credit limit of $500, you shouldn\u2019t keep the debt around $500. When you make a purchase on credit, pay it off as soon as you can. Hovering around your credit limit<\/a> not only looks like you are struggling financially, but it increases utilization. Higher utilization means a lower credit score. <\/p>\n\n\n\n Some options to be able to do this include making smaller payments on your card throughout the month or asking to raise your credit limit all together. Both scenarios will keep utilization at a minimum.<\/p>\n\n\n\n At Coast Tradelines, we are committed to helping individuals boost their credit scores<\/a>, so they qualify for the credit cards they desire. Contact us today at 202-945-9556 or fill in\u00a0our online form<\/a>\u00a0and let us help you with your credit.<\/p>\n","protected":false},"excerpt":{"rendered":" Credit cards can be your best friend or your worst enemy. They are great when you\u2019re in a bind financially, but that bind can put you in another bind if you\u2019re unable to pay back the balance on your card and it begins to accrue interest. It could have the snowball effect until you find […]<\/p>\n","protected":false},"author":3,"featured_media":9660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","rank_math_lock_modified_date":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/posts\/9659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/comments?post=9659"}],"version-history":[{"count":0,"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/posts\/9659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/media\/9660"}],"wp:attachment":[{"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/media?parent=9659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/categories?post=9659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.10g8.com\/coast-tradelines\/wp-json\/wp\/v2\/tags?post=9659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}2. Start Paying On Time<\/h2>\n\n\n\n
3. Check Your Credit Report for Mistakes<\/h2>\n\n\n\n
4. Stop Hanging Out Around Your Credit Limit<\/h2>\n\n\n\n
Let Us Help You<\/h2>\n\n\n\n