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To establish Your Credit

Filing bankruptcy is the first step taken to wiping out accrued debts.

Two or three years after you've filed bankruptcy, you'll want to start rebuilding good credit by applying for secured credit cards. Cards without annual fees attached to them.

Make monthly payments in the full amount. Your payment transactions will determine how successful your new credit report will be.

The stronger your current financial condition is, the better candidate you may be for future credit.

Prompt payments made in a full amount are very impressive to a credit lender. If you're denied a major credit card, don't get distraught.

Try applying for a department store's line of credit or a card issued by an oil company. These are small steps to a successful future.

Disclamer: The links on this page are additional resources. This information was collected from many independent sources. The opinions expressed by each resources are their opinions and are not necessarily the opinions of the CPA Moms.

Each link offers a different point of view. This information is for general information only.

If you want a specific opinion, please contact us.