SarcasticAnomaly asked:


I see offers on the internet they are supposed to help you rebuild your credit,but they all have annual fees around 80 bucks and interest rates around 15%. Would it be worth it to raise my credit score,or should I just wait for my score to increase by paying all my bills and then get a card that will cost less?

RONNIE

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Comments

LisaT on 27 February, 2009 at 3:43 pm #

I found one with a pretty low fee, but they are generally not a great idea because the interest rate is high, and in addition to the annual fee they might have a “signing” fee, a “processing fee,” etc. and if you ever are late or go over the limit, the fines are MUCH higher than they are for the rest of the world.
Be very very careful. Email me if you want the company of the one I got, but think about it for a while, and keep the credit limit low even if they offer you a high one.


kaiti on 1 March, 2009 at 1:16 am #

Great way to make money off of the poor and desperate. No-big corporations are not out there to help people-they are there to make money. They know that probably 90% of people trying to rebuild there credit are poor and will fail and they can collect more fees from you ..late fees late fees late fees


Real Georgian on 3 March, 2009 at 12:35 pm #

Bad Credit Repair Solving The Problem
By: Alexis Dey

I’d say do the latter…you can also read this article that may help you with your issue.

Good luck


wpgcoder on 4 March, 2009 at 5:06 pm #

I found an excellent site with content on credit… has poor credit credit cards in there credit card list… The poor credit credit cards which I researched are on the 3rd page… The links explain the cards perfectly and have overall benefits, the pros & cons for a good decision. This way we aren’t duped like most sites I have been too. I added the source links below. I hope this helps :)


terunaz on 6 March, 2009 at 9:48 pm #

check these links, then decide what you want to do, they might even get you to change your mind!
see the FAQ on the first link down but really there’s plenty of advice throughout if you have time to read:
good luck!
if it helps please remember me cheers