Ways to improve credit score

Secured Credit Cards
Obtaining a secured credit card is one of the fastest ways that you can improve your credit score. By placing a deposit with a bad credit secured card issuer in the amount that you wish to have credit extended to you, you demonstrate your willingness to back-up your intentions to become a good borrower. By using your secured credit card wisely, you will provide monthly proof that you have turned over a new leaf. Your good payment history with your new secured credit card can add dozens of valuable points to your credit score in just a year or less.

Secured Personal Loans
A secured personal loan is a loan that is secured by collateral. Collateral can be your home, car, or piece of real estate that you have a title or deed to that proves ownership. By taking out a secured personal loan, you can establish good payment history with monthly credit bureau reporting that can help your credit score soar to better numbers in no time.

Build Your File Back Up
When you apply for your secured credit card or secured personal loan, do so with a lender that gives you the best chance for approval, such as the online lender. Whenever you apply for credit, points are deducted automatically from your FICO score. Therefore, if you apply for multiple loans, get turned down for all or most of them, then you have further damaged your credit rating. Because of the high rate of approval with an online lender, you need make only one application to get the credit you need to help you rebuild your good name.