Subscribe To Our Newsletter

By clicking subscribe, I authorize: (1) My Card Advisor to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) My Card Advisor or third-party companies, including My Card Advisor’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

Recent Posts

How to Remedy Credit Score Low Points Pt. 2

How to Remedy Credit Score Low Points Pt. 2

There are moments when it may feel like you’ll never recover from a low credit score, and it’s easy to let ourselves become overwhelmed in those moments. However, there’s plenty to be done even in the lowest, darkest credit situations!

  1. Maxed out multiple cards. Obviously it’s never a good idea to max out a credit card, but sometimes it’s a necessity. If you’ve maxed out cards, you should contact those companies and see if you can raise your credit card minimums. From there, you just have to work on paying off your debts and paying all your bills on time.
  2. Collections come calling. Although some collections agencies will disregard paid off accounts in collections, that unfortunately isn’t always the case. Accounts in collections only remain on your account for seven years. After they’re paid off or disregarded, you should make budgets, track your spending, and only take on payments you know you can comfortably pay off on time.

Image via Money Crashers.