I actually have a credit card but it sits collecting dust. Now I am going to start spending on it but set up auto pay so that all of my payments are on time and in full.

I do not really want to sign up for two more but maybe, most likely ones with points like your Wells Fargo card or Miles. Maybe one with points and one with Miles. Hmmm.

I HAVE PAID OFF ALL OF MY BILLS AND IN THE MARKET FOR BUYING A HOME WILL A LOW CREDIT SCORE STILL PREVENT ME FROM GETTING A LOAN

I have another question. You say above to have 3 credit cards. What if no one wants to give you credit? They make it nearly impossible to obtain a credit card when you have bad credit. I have one credit card right now for bad credit and am using it to repair, however, I cannot locate any other credit card companies willing to extend credit to me. Do you know of any? Are the pre-paid ones worth getting?
Thanks!
Jennifer

I recently found incorrect information on my 3 credit reports. I am in the process of disputing them. My credit score is a 488 and 499. I find it hard to believe that because of the errors on my report for the past 4 years, my credit score is so low. Granted, there are other delinquencies as well, and you did mention to check your credit report often; in which if I would have before 4 years, I would have caught it earlier! However, is it fair to have your credit score lowered because of mistakes of others? I recently bought a car and I was not aware of the errors. Does this mean that I rec’d a higher interest rate that shouldn’t have been because of these errors? Is this fixable, or the price I have to pay for not checking my report early on?
Thank you!
Jennifer

Paying off all your debts in full is always the best course of action. It will not instantly increase your credit score but it will allow you to take control of your debts, in turn allowing you to increase your credit score.

Unfortunately it is much easier to have your credit score lowered than it is to raise it. So try to pay all your debts off then follow the steps in my post to raise your credit score back up over time.

If you are in serious debt, try a debt consolidation company.

Thanks for the post, I hope this helps. Let me know if you have any more questions.

Thanks,

Matt