Rebuilding credit?

i messed up my credit by maxing out all my credit cards in 2003. I am now rebuilding it and i just got me a credit card for emergency. I%26#039;m making payments on time and pay way over the payment due. I was wondering if i%26#039;ll get offers in the mail in 6 months, would i get offer for Discover and American Express offers?

Rebuilding credit?honda finance

Yes by all means build up your credit rating. However because of 2003 your list is most likely on those cards that charge high interest rates. An easy target from your past history. From what you say, that might be still true. Sorry, but if you are honest with yourself you could easily fall into the same trap as 2003.

Best advice I can give avoid temptation. If you really need something buy it and use your credit card if you know you can pay it off straight away.

Good Luck. Remember credit cards are the most expensive way to borrow money (which is what you are doing by using one unless you can pay it off straight away.)

Rebuilding credit?

loan

Are you paying for the maxed out ones too? There%26#039;s no guarantee that you will, but I would say you have a good chance if you%26#039;re paying off all of them and not just the emergency card. As far as what company I can%26#039;t say.|||In time you will, but the more important thing is that you have discovered how to use credit cards.|||You don%26#039;t mess up your credit solely by maxing out your cards. You mess up your credit by not paying the bills. Pay ALL the cards on time every month and you MAY get additional offers but it%26#039;s likely you will not.|||Secured credit cards are special type of credit cards which are issued against a collateral. Generally a checking account or some other collateral comes into picture while issuing of a secured credit card. The credit limit of a secured credit card is equal to the value or amount available in the collateral. It is particularly rare to get a credit greater than this amount with a secured credit card.

Secured credit cards option are exercised generally by those with bad credit history and poor credit score to get themselves back on track. Credit card issuing companies, ask for collateral because they find providing credit cards to such people too risky. A good use of secured credit card can give the credit card issuer enough confidence to issue an unsecured credit card in your name.

A good thing to have with secured credit cards is that they should report your spending habits to the three major credit reporting agencies. Strange but true, not all secured credit card holders do that. Unless this feature is present in a secured credit card, it will be of little use for those trying to use it for rebuilding their credit history. Read more from: http://www.credit-card-gallery.com/artic...|||Your BEST POSSIBLE investment right now is a SHREDDER...