Eliminate Your Debt | Finding A Credit Card With Bad Credit

I have bad credit but I’m trying to rebuild it by paying off a large credit card debt I’ve built up over the past few years. It won’t take long for me to eliminate debt from my life, but in the meantime I’m having a little difficulty finding a credit card with bad credit. It’s a long process, getting your history clean but I’m almost there. I think your credit score gets updated every three months but it takes about seven to ten years for debts to fall off your history.

I think finding a credit card with bad debt isn’t going to be the toughest job in the world but I probably won’t get one with a low interest or no fee. But that’s fine. Just knowing how to get a credit card with bad credit is the hard part. I’ll probably get a crappy high interest credit card but hopefully they will offer some kind of balance transfer discount and I can pay off the other account. I just want to salvage my credit score and get things set straight for the future.

Or I could just find one, make a small purchase to start a new history and sit on it after I pay off the balance. I’ve read somewhere that using a credit card is the easiest way to build your credit but going overboard on spending will only sink you further in debt and I want to avoid that at all costs. I’ve already seen my credit score jump tens of points over the past year just from the payments I’ve made on my current debt. Hopefully I can get that one paid down enough to be able to take out a mortgage on a house. That’s my goal anyway.

I don’t really want to have to use another credit card but I know that in order for my credit score to rise I have to use one. But it probably works for small purchases as long as I pay off the balance on time and don’t incur any late fees. Limiting myself is the key. I love to buy useless crap and sometimes it seems like I have a bunch of free money with the high credit limit on my credit card and fighting that temptation to spend money is like fighting the devil on your shoulder, but I’ll have to force myself to control my spending.

I can do it. Whatever.

Wow, I didn’t mean for this to turn into such a rant. Anyway, if you’ve had any luck finding a credit card with bad credit let me know how you did it.