Credit Building



It’s important to understand that removing derogatory information from your credit files will help to improve your scores however, there are many variables considered when determining your scores. So in many cases, removing derogatory information alone is simply not enough to get your scores to where they would be considered A+ credit scores.

This program is designed to lead anyone, regardless of past or present credit problems to an EXCELLENT credit rating. IF YOU HAVE LESS THAN 3 CURRENT ACCOUNTS IN GOOD STANDING WHICH YOU ARE CURRENTLY MAKING MONTHLY PAYMENTS ON, then we strongly suggest that you follow a combination of the steps below to begin re-building your payment history. Each of these steps will help to ensure that your credit scores will improve as quickly as possible so please read through each of them in order to determine which step(s) are right for you. The best part is, you will be in complete control of your credit score destiny. This should be done at the same time that we are working on clearing up your old derogatory credit accounts so we recommend that you take these steps within the first two months of coming on board with us (The sooner the better)

Please understand that these steps are completely optional, however this will be the fastest way to see a score increase so we highly recommend that you take as many of these steps as possible to ensure optimum score improvement. The combination of us working together will have your credit in good standing sooner than later so we hope that you do your part, while we are doing ours!

At the very least we advise you to open 2-3 new credit cards and or loans if you currently have less than 3current credit accounts in good standing in which you are making monthly payments(A current account may be any of the following: Credit Cards, Lines of Credit, Personal Bank Installment Loans, Auto Loans, Mortgages, Student Loans.

 Experian Boost

This service instantly increases your credit scores on Experian credit bureau by adding your utility payments (This service is free)

Rental Kharma

This service increases your credit score on Trans Union credit bureau by adding your rental payments (This service has a small fee)


This service increases your credit score on Trans Union credit bureau by adding your utility payments (This service has a small fee)

Authorized User Cards -This is the quickest way to re-establish your credit and easiest way to give your scores a big boost! This method is called the “Authorized User” method and by using this method you instantly add many years of excellent credit history to your credit profiles so you will see your scores increase substantially within 30-60 days. This method is 100% legal and has been used for years to help people with less than perfect credit re-establish their credit as quickly as possible. If you are interested in obtaining AU account(s) please contact us ASAP so we can explain how to go about this process in a way that will help you rather than hinder you. Authorized User Cards can be tricky and often times we see people put themselves on cards that end up doing more harm than good.

Once we add you to an Authorized User card it will automatically create an entry on your credit report, and instead of showing the application date, it will show an opening date of when the original card was opened and the entire perfect credit history of that card.  Therefore, causing a positive credit history to be reported on your credit file and your scores to increase nicely!

NOTE: These cards will not work well on credit files with a lot of derogatory accounts or on credit files with less than 3 open accounts in good standing.

If you choose this option, please login to:
Thefirst step to re-building your credit is to apply for a secured card. The simplest way to do this is to click on the link above and follow the simple instructions to obtain your new cards with a very minimum deposit. Each of these cards reports to all three major credit bureaus.

While it is true that secured cards seem somewhat safe because you can’t spend more than the small limit you secure the card for, they also have a very big downside. First & foremost, they have very high interest rates and most of themcharge an annual fee.We recommend that these cards should be a “stepping stone,” towards being able to obtain “unsecured” cards which you should be able to do within 6-12 months.  Unfortunately there is no way to get around the fees but in the long run it will be worth it.

If you have less than 3 current accounts that you are paying on monthly then we strongly urge to obtain 2-3 cards with limits between $200-$1000. Do not apply for all of them all at that same time. Apply for the first one and then once you receive it go ahead and apply for the 2nd card and so on. You will need to have at least 3 accounts in good standing that you are paying on monthly in order for a lender to consider you a decent risk. I will tell you that it takes a minimum of 9-12 months of “on time” payment history for a lender to even consider giving you credit. So the sooner you can get your cards the better.


Buy one small item per month on each card and pay offall but $5 of the balance on each card every month. Avoid carrying high balances on these cards” as the interest rates are way too high.Be sure to make your payments “on time” each month as this is the only way to build excellent credit history

This is similar to getting a secured card only you are securing it against a bank saving’s account. Credit Unions usually work best for this but you can try your own bank (or any bank)

This option does require a bit more capital than the other options. I would suggest you obtain a loan between $500- $1000. If you already have a savings account with that amount of money in it then all you need to do is go to your bank and let them know that you would like to take out an “Installment Loan” and you want to secure it with the money in your savings account.

So for instance, if you take out a loan for $500, the bank will put a freeze on $500 of your own money. The bank will release the freeze little by little as you make your monthly payments.  Now keep in mind, the purpose of this loan is to build payment history each month. So let’s say you take out a $500 loan, you will then want to divide that by 12 months. By doing this you will be building payment history for 12 months and this will help to greatly improve your scores.

So…$500 divided by 12 months = $41.67 monthly (plus interest) You will make a monthly payment (on time) each month for $41.67 (plus interest) for 12 months at which point the loan will be paid off and you have now built 12 months of good paying history! You will end up paying a bit of interest on the loan but that amount is minimal.

If you do not have a savings account at all, then you will need to open an account with a minimum of $575 (the banks require a 15% cushion)I suggest opening your account with a Credit Union. You will want to wait 3-4 weeks before going back to obtain your secured loan at which point you will follow the steps above.

If you have questions about obtaining new credit please contact me directly at (619) 318-9866 and I will guide you through this process.