want to build some knowledge just read though these
good luck!
if it helps please remember me cheers

Get a “secured credit card”

A secured card requires a cash collateral deposit that becomes the credit line for that account. For example, if you put $500 in the account; you can charge up to $500. You may be able to add to the deposit to add more credit, or sometimes a bank will reward you for good payment and add to your credit line without requesting additional deposits.

Pay your bills on time. The following articles could help:

Debt Consolidation – Get Out Of Debt

Debt Management and Building Wealth

i worked for american express cards and far as i know,we have credit rating agencies like [ equifax , experian ] which monitor ur credit activities, preferably your payments.If you make your payments on time then your credit score comes good. Make sure if your Direct Debit is set up it is never returned due to insufficient funds, that takes a big toll on ur credit.bye mate.tc

You are on the right path as far as rebuilding your credit. There are no real quick ways to improve your score, unless there are inaccuracies on the actual report. As far as other things that you can do to improve your score, here are some things you can focus on:

- First, review your credit report and take steps to fix any mistakes you find.

- Make all payments promptly. This will keep new, negative items from appearing on your account.

- Pay down your existing credit balances.

- Do not add new accounts in order to lower balances on old accounts.

- Do not close long-term accounts

- Use automatic payment plans or set up a bill paying calendar to ensure that you pay all your bills on time.

Make sure that you stay below 45% of your credit limits as well as that can have an effect on your score. Once you demonstrate that you can handle credit responsibly for at least 24 consecutive months, then you will start seeing the beneficial effects on your score.

I was in a similar situation years ago. I had even more debt than you as a result of overspending while I was in college.

There are some things you can do to reduce your interest rates. If you have balances on those accounts, then the following article could help. It explains what I did to eliminate debt and reduce my interest rates.

It sounds like you may have low or no balances on credit cards. If so, then you should simply call them and ask for a lower rate. Similar to what the article suggests, if you are in this situation, you should overpay on the balance to set them up for a rate decrease. If you owe $150, send in $175 so that they actually owe you money. This of course will go toward your next charges on the card, but it really shows financial strength which can lead to a rate reduction.

This can help you both reduce your interest rates while you improve your credit score. A portion of your score is account tenure. The longer your account has been open and in good standing, the more it helps boost your credit score.

Also, make sure that if you do have balances, keep them under 30% of your credit limits. This is especially important because your credit limits are low on those accounts. Low limits are good to help you control your spending, but if you have balances of more than 30% of those credit limits, then it can hurt your credit score. Hope this helps!

The length of your credit history is another important factor affecting about 15 percent of the credit score calculation. It will take time to “iron out” bumps in the credit history.

Be scrupulous about making all your payments on time for a while and use your lower interest credit to pay off higher interest credit. Do not apply for any credit of any kind for a while …. each time you apply, even if it is turned down, it is noted on your credit report. There are no quick fixes.

send me 1500 dollars and ill put in a good word for you.

there is no quick fix. Pay your bills on time. History is your friend on this. Also, get your credit reports and check for errors.