ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

How to Restablish Credit

Updated on January 18, 2012

There are a lot of things that you can do to help improve your credit scores if you are currently experiencing credit problems. There are a number of ways that you can help repair your credit but, today we are going to focus on one way to help those credit scores. With the use of a credit card secured. Using a credit card probably got you into the mess originally but we will discuss some great ways that you can use it and tips to avoid having the same issues with it.

Secured Cards

Secured cards are credit cards as well the only real difference is that there is a monetary deposit required for these cards. The amount of money that you deposit with be equal to your credit line. Only you know will know that the credit card is secured and can be used anywhere that visa/MasterCard are accepted. This gives you and the lender a little bit of security. If you wish to pay off the credit card you can use your deposit to do so and owe nothing more. This also gives the lender of the card security because they know they will not lose any money by giving you one.

Secure cards are great if you don’t have the greatest credit and you are looking to rebuild or reestablish a good credit history. Secured credit cards also report to the three major credit bureaus and report your good payments. This information is vital to keep up because it will let future lenders know that you are good with handling credit and more likely to approve you if that is the case.


When you fill out that credit card application for your secured card you want to keep in mind that this card is for rebuilding your credit history. Don’t use your secured card to go out and by the latest games or impulse purchase because these will just acquire you with more debt. Use the cad to make small purchases that can easily be paid off within a short period of time. If it is something you know you cannot pay off with n a month then avoid buying that item until you have cash.

If you don’t like carrying around a secured card there is hope. Once you have established that your financial situation has turned around for the positive usually 1-2 years the credit companies will usually return your deposit and give you a unsecured card. They use the evidence of your secured card that you have establish the good payment history as evidence this will also help you to continue to establish the good credit that you want.

While having your secured card remember that you can get a free annual report from the credit bureaus. With this free report you can make sure everything is being reported accurately and fairly. Remember to only use it to reestablish credit by making small purchases. Exercise some self discipline and avoid unnecessary purchase and with these tips you will be once again n bound on your personal financial management.


Submit a Comment
  • Kadmiels profile imageAUTHOR


    8 years ago from Florida

    people really need to start to understand the use of credit and use that to help there finacial future otherwise they will be stuck in a never ending cycle of paying off and chargeing.

  • lovelytayactac profile image


    8 years ago

    This is a good input for credit card users..

  • mystic amy profile image

    Amy Frerichs-Soukup 

    8 years ago from San Diego, California

    Great hub! Enjoyed it.

    - Mystic Amy


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)