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posted Nov 25, 2018 2:43:08 PM

Improving credit score

I have a very low credit score but I have never had a credit card and I want to know how I can improve my credit so that I can purchase a home. I do not know if there are any secured credit cards that I can apply for even with a low score like mine. 

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2 Replies
Level 2
Nov 26, 2018 10:55:45 AM

Hi @ortizmoratrixie! I had the same question and found these links to be helpful...

 

https://turbotaxcommunity.com/t5/Credit-Score/How-to-Raise-Your-Credit-Score/m-p/187#M1

 

https://turbotaxcommunity.com/t5/Credit-Score/How-to-Raise-Your-Credit-Score/m-p/329#M14%2Fjump-to%2Ffirst-unread-message 

 

Level 2
Nov 26, 2018 11:01:48 AM

Also, perhaps another way to improve credit score is to consolidate your CC debt into a personal loan. I know several people did this and it not only helped them get out of debt but help to improve their credit score. check it out: 

https://turbotaxcommunity.com/t5/Lower-Your-Debt/Has-anyone-ever-consolidated-credit-cards-into-a-personal/m-p/7593#M127