One of the biggest con’s people falls into is the 0% interest line. These numbers entice us and we never even bother to read the fine print. By the time the interest does kick in. We’re left with debt that seems insurmountable. Don’t fret too much. You can get out of debt, and we’ll tell you the solution.
Open a secured credit card to start rebuilding your credit. It may seem scary to have a credit card in hand if you have bad credit, but it is necessary for increasing your FICO score. Use the card wisely and build into your plans, how to use it as part of your credit rebuilding plan. You can also hire a credit score monitoring company to track your credit record.
You can review your credit report for free annually from the three credit bureaus. Use these credit reports to make sure that all information on them is correct. Errors are not uncommon and no one will fix it other than you. Keep in mind that, having the wrong information on your credit can damage your score, or cause you to be denied for a loan. Here my advice is that, do not apply for credit cards again and again until you get approved for one. Getting out of debt is not an easy task but you can use the information you learned and start with credit repair.