Credit Card?

I am 19 and I have pretty bad credit by letting my discover and citi cards go out of hand by not paying the bills because I used them to pay for my college. I want to get a good credit card that helps re-build my credit. What are the best cards to rebuild your credit when you have a very poor credit??|||You are in a tough situation. You need to figure out a way to finish with the collection agencies, for as long as you are paying them, it is considered bad. After you finish paying, it generally takes 5-7 years for the negative information from the bureau to be removed. You have two options to improve your credit:





1) ask your relative, or a good friend preferably older who has had good credit to add you as an authorized user on their credit card(they don't need to give you a card). This should boost your score, theirs will not be hurt by you.


2) As you mentioned above, if you NEED a credit card now, a secured credit card might not be a bad idea. Please visit http://www.apeepa.com/Secured_Credit_Car鈥?/a> to research a secured credit card for you. I would recommend the Bank of America - Secured Visa庐 Card as BofA later might give you an option to upgrade to one of their regular cards.





Best of Luck|||you are in a difficult situation, but in building your credit, you do have to start somewhere.. to show stability, you may try opening a savings/checking account. you can also try getting an unsecured or secured credit card, the decision is for you to make but a secured one is safer in a way that you can have some control over your spending... even if you have bad credit, you may still be able to do the things i just said because there are companies that offer this to people like you.. if and when you already have your credit card, please try to do things right this time, make the payments on time, do not max out the credit limit, ideally using up less than 30% of your cl is good, build a good credit history, the longer you have a good credit standing the better, avoid credit card 'hopping'. also try to compare several deals before getting one, you are bound to find a decent card... good luck!|||It's going to be hard to get a new credit card before you clear up your report, but you're in a catch 22 because you need someone to give you credit in order to redeem yourself.








Go to the bank where you keep your checking account. Often, banks offer a card where you put down a deposit, they give you a card, and you pay the bill just like a credit card, but if you don't pay, they take from your deposit. Reports from that card go on your credit report, so it gives you a chance to build up your credit again without having to get approved for a card. Good luck|||I don't think that getting another credit card would be a very good idea for you. I would go to your bank and ask them how they might be able to help you. Some banks offer credit cards that the interest rate is based on the prime rate so you could get one as low as 5%. You may also want to ask about getting a loan to cover all your debt....banks have a way of helping out with that. You may end of paying a higher interest rate but at least you would get your credit cards paid off instead of having more finance charges put on them. Hope this helps!