What you need to start with is called a secured credit card. Because your score is low, you won't qualify as a regular applicant. Apply with Capital One for a few hundred and just use it sparingly for real things ie) groceries, gas, etc... and pay in FULL and on TIME, this will start up a positive repayment history. You want to start attacking which ever debt has the highest interest rate. The repo, do you still have a balance even though they took back the car? If you have credit cards with small balances, say less than $500, just pay them off and get them out of the way. Do NOT close the accounts, you need the length of the account history to boost your score. You need to negotiate a repayment plan with your auto lender, that's killing your score big time. Stick to it and be transparent with them.
by Anjell - 11 hours ago
As long as the repo is on your credit reports, it's unlikely a bank would give a secured credit card. A credit score changes about every 12 months. If you made 12 months on time, that should help boost your credit. You can run your free online credit reports from annualcreditreport.co for all 3 credit agencies or you can call Trans Union toll free @ 1-877-322-8228 for all 3 free reports. You should receive them within 2 to 3 weeks. If you despite the delinquent accounts, they have 30 days to respond or it comes off
by Stan - 11 hours ago
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