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rebuild credit, credit repair
Making Rebuilding Your Credit a Reality and not just a Dream!

The economy has made it almost impossible to keep a good credit rating these days – almost. However, there are ways to rebuild your credit using subprime loans and credit cards. 

If you’re in a situation where you need to repair your credit rating, then you need to be sure all of your old debts are paid off first. It’s very hard and long to secure credit cards or loans, if you still have a debt hanging over your head. It will also just put you back in the same place you are now, with bad credit and bills to pay off.  

Here you can learn about the different ways to pay off debt.


So the first thing to do when repairing your credit is to pay off old debts first. Once you have paid off your debts, you can use a subprime loan or a secure credit card to start rebuilding your credit rating.


The second thing you want to do is to build up your credit slowly. Trying to build credit too fast normally results jumping back on the debt train.  Apply for one card at a time or one loan at a time. You will need to have an account with cash sitting in it, just in case you need the back up. It shows the bank, credit union or credit company you can be trusted to pay back the monies you borrow.


Try not to use the payday cash system to relieve your debt. They don’t report to the credit reporting agencies, so they won’t raise or lower your credit rating. Also, be aware of high interest rate loans and credit cards. They can cost you as much as 400 percent interest on a payday loan of $250. They will just put you back into the debt wagon.

Don’t look for shortcuts to rebuild credit. They lead to higher interest charges and wasted money. They also lead right back to being in debt.  Look at companies you can work with for long term lines of credit. If you make good financial decisions, you’ll be able to make good credit decisions.

Start with a secure credit card and pay it off either monthly or in a couple of months. This will save you money in the long run and rebuild credit faster.  After you’ve used the credit card for a while and your credit score is higher, then apply for a subprime loan. 

Sometimes life gets in the way of building up your credit score. That means you may need a new car, move to another apartment or any number of “things” that come up in life. Try to use them as credit building, so they don’t overwhelm you with debt.

Using secure credit lines (subprime loans) or credit cards is the best way to start rebuilding your credit score. Always check your credit score to be sure it’s being reported correctly.

Anyone can rebuild their credit.  You could be trying to recover from bankruptcy or debt settlement, or maybe you just have too much debt.

Mark Clayborne is the author of Amazon’s best-selling credit repair book –Hidden Credit Repair Secrets. 

Additional Resources to Help Rebuild Credit

–  You can Download a Free Copy of the Fair Credit Reporting Act Summary. This will help you with understanding your consumer rights in regards to credit, while repairing  your credit report.



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