Rebuild Credit Apply for These Credit Builder Cards TODAY (See Below)
Need to Rebuild Credit? Get A Credit Builder Card
Bad credit or no credit? Want to go from being a renter to a homebuyer? Undoubtedly, a huge part of improving credit is re-establishment via a credit builder card. Actually, 3 cards are ideal. Why? Because, in order to qualify for an FHA home loan, you may be required to have 3 lines of credit with no late payments reporting within the last 12 months.
It's Not Just Credit Repair - It's the Need to Rebuild Credit (Using A Credit Builder Card)
Sadly, the credit repair industry mostly focuses almost solely on disputation. Truly, the fact of the matter is re-establishment via bad credit credit cards is almost always overlooked. Not to mention, many consumers are not aware that having credit cards to build credit is actually more important than disputation alone. Moreover, having established credit, such as credit cards, is central to improving credit scores.
Bad Credit or No Credit: Why A Credit Rebuilding Card Is the Best Solution
Absolutely, Home Sweet Home recommends that you have at least 3 active trade lines (credit building cards). All things being equal, this will not only help you improve your credit scores but also help you qualify for a mortgage loan. By and large, most lenders require 3-5 active lines of credit ("debt" or "loans") reporting on your credit report with no late payments. Furthermore, the credit cards (below) can be used to help you reestablish your credit. In the long run, by applying for these credit cards ASAP you will be "on track" to improve your credit and become a homebuyer-turned-HOMEOWNER.
Why Lenders Care If You Have A Credit Builder Card
In conclusion, Lenders want to know how you use your credit builder card. Here are the important questions they have:
- In general, do you have bad credit or no credit?
- Are you making payments all the time and on time?
- Do you carry a low balance?
- How many lines of credit (credit cards) do you have?
- Do you apply for credit more than 2 times in a 6 month period?
- Is the management of this card an indication of how they will manage a loan we might approve for this borrower?
Once and for all, you can show these loan underwriters ("decision-makers") you can and will manage your credit well enough to apply for a home loan. So, apply NOW by clicking on the cards below! Also, enroll in the Home Ownership Program if you have not already done so - only $100 to start!