Using Instant Approval Credit Cards To Rebuild Your Credit

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Using Guaranteed Approval Credit Cards To Rebuild
Your Credit

• www.newhorizon.org

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• If you're attempting to rebuild your credit,
  instant approval credit cards can really help
  you begin with adding credit lines for your
  credit score.

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• Too many times people concentrate on getting
  negative things removed and overlook that lenders
  prefer to find great trade lines.

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• Many customers who have gone through a credit
  repair company come to me w/ a better credit
  rating, because of lots of negative information
  being removed but hardly any credit! They're
  shocked to learn their lack of charge is
  currently the barrier for them getting financing!

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• That is really where a tool such as instant
  approval credit cards for poor credit comes from.
  There are a whole lot of different kinds of
  guaranteed approval cards and not all these can
  help you build credit.

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Kinds of Instant Approval Credit Cards
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Secured credit cards

• These are the best cards to possess since a lot
  of them are guaranteed approval.
• Search for cards that don't do a credit check.
• And also make sure that they report to at least 1
  credit agency.
• You also need a card such as the Applied Bank
  card that will allow you to add additional funds
  at a later time for your security deposit.
• Find out more about the benefits of a secured
  credit card.

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Debit Cards

• These are tied to a checking account.
• A few years back, there were a lot of these being
  offered on the internet that also had a program
  called credit builder. Meaning they'd report your
  action to at least 1 credit agency. This
  attribute cost 10 per month but it was worth it!
  Unfortunately, lots of these companies have
  stopped offering that program on the web.
  However, you might be able to discover a business
  locally offering the program. Remember they MUST
  report your action to at least 1 credit agency.

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Catalog cards

• These cards are really quite interesting. They
  tend to offer you a credit line. Minimum of 500
  which can ONLY be utilised in their catalog.
• What's great about those are those that report in
  your credit report. Like the Freedom Gold card.
  Not only do they provide immediate approval, but
  it is a guaranteed way to get a new tradeline
  added to your credit report.

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For more information read

• https//www.newhorizon.org/credit-info/using-guara
  nteed-approval-credit-cards-rebuild-credit/