- 1). To fix your bad credit, you first need to prove to a bank that you are capable of not missing payments on your credit card bills. The way to prove this to a bank is to ask if they offer a secured credit card. If your bank does not, you can click on the link in the Resources section at the end of this article for a list of banks that do offer secured credit cards.
- 2). Make a deposit with the bank. The bank will ask you for a few hundred dollars. They hang onto the money as insurance, so that if you miss payments on your credit card bill, they will not be left high and dry. In exchange for letting them hold on to your money, you are getting a chance to redeem your self and improve your credit score.
- 3). Use your secured credit card as you normally would use a credit card. Because you were willing to put the deposit down, the bank was willing to take a risk on extending a line of credit to you. All you need to do now is be responsible with making your credit card payments on time and not going over your credit limit. If you can keep up with these good habits, your credit score will improve before you know it!
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