I have "bad" credit at the moment because of my childhood years and am thinking about getting a credit card to purchase car fuel. I don't have much income right now because I went back to school. I would like to have "good" credit by the time I graduate engineering in 3 years. By then all of the bad marks should be gone.|||any credit card will do the trick, as long as you use the card and make the payment on time. it will gradually raise your credit score. Keep in mind, don't apply a lot of credit cards, just one or 2 cards is enough to do the job.|||You鈥檙e right to want to use a credit card to build up your credit score because doing so is an easy way to counteract the negative information in your credit history with positivity. Just remember to make your payments on time (you don鈥檛 even have to make purchases with the credit card, just maintain a zero balance on it).
If your only purpose in getting a credit card is to rebuild your credit, then definitely go with a secured credit card. With a secured card, your credit line is equal to the amount of a refundable security deposit. Such a card is your best bet because of its lack of fees. Credit card companies can afford not to charge fees because their protection comes instead from the security deposit. Thus, secured cards are the simplest, least risky option for consumers as well.
Two popular choices for secured credit cards are the Orchard Bank庐 Secured MasterCard, thanks to a favorable APR and the Public Savings Bank Classic Secured Visa庐 Credit Card because of its relative lack of fees.|||At this point, ANY credit card that accepts you will be good enough. You are not exactly going to have a choice in this matter.
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