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CC on debt program

Date: Fri, 03/27/2009 - 08:49

Submitted by anonymous
on Fri, 03/27/2009 - 08:49

Posts: 202330 Credits: [Donate]

Total Replies: 1


if i get a credit card on my CCCS program, what would happen...i'm looking at just getting a small one to rebuild some credit. has anyone ever done this, or a loan, or something similar?


Hi Guest,

That is always advised if you wish to rebuild your credit faster. Not only a small credit card, but here is another idea: after you settle your debt, it will free up some discretionary funds. Have patience and wait just a little longer, open a savings account and deposit money in it. Then, get a loan with that account as collateral, and pay it off fast.

But, be very careful not to go crazy. You can get right back into the hole very easily..

Hope this is helpful,

chrys


lrhall41

Submitted by Chrys Henderson on Sat, 03/28/2009 - 01:07

( Posts: 2538 | Credits: )