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Debt Relief: Difference between revisions

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*Apply for a [[Debt Relief:Definitions#secured card | secured card]] or deposit money in your checking account.  
*Apply for a [[Debt Relief:Definitions#secured card | secured card]] or deposit money in your checking account.  
*Apply for a department store or gasoline credit card and build small balances, '''but pay them off in full each month'''.  
*Apply for a department store or gasoline credit card and build small balances, '''but pay them off in full each month'''.  
*Do not use your cre
*Do not use your credit cards to purchase food. You will pay 10 times more in interest than what one meal would have cost if you had paid cash.  
dit cards to purchase food. You will pay 10 times more in interest than what one meal would have cost if you had paid cash.  
*If possible, consider transferring the balance of your credit card to a lower interest rate card. If you do this, immediately destroy the card with the high rate and close the account.  
*If possible, consider transferring the balance of your credit card to a lower interest rate card. If you do this, immediately destroy the card with the high rate and close the account.  
Over time, your credit score will improve, and you will qualify for [[Debt Relief:Definitions#unsecured credit card| unsecured credit]] cards on your own.
Over time, your credit score will improve, and you will qualify for [[Debt Relief:Definitions#unsecured credit card| unsecured credit]] cards on your own.
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