Take These 4 Steps to Mend Bad Credit

Friday, May 6th, 2022
Updated: 17th June, 2022
The content is accurate at the time of publication and is subject to change.

It is absolutely true that bad credit can cause a lot of inconvenience and problems. Having poor credit history, you will not likely get approved for credit cards with great rewards and perks, high credit limits, and low APRs. Moreover, you may even face hardships while renting a house or looking for a job.

Fortunately, all in your hands. Follow the instruction we give below and forget about bad credit score as a nightmare:

  1. Check Credit Reports

The first thing you should do before proceeding with any active steps is prepare by assessing the situation. In our case this means checking out your credit reports from the three major credit bureaus – Equifax, Experian, and TransUnion (note that once a year you can do it for free). And this is where you should not rush. Carefully review all records for mistakes.

  1. Deal with Errors

If after completing the previous step, you will find any irrelevant records (for example, credit accounts that you didn’t open), be sure that you have every reason to dispute those with the credit bureau and the issuer. For that, you will need to write a dispute letter to request the errors to be removed or corrected. By law, the credit bureau must give you a response within 30 days after receiving the letter. Sometimes this action can significantly improve scores.

  1. Clear Up Spendings

Even if your score has increased greatly after removing errors, it is not a reason to stop. The next and one of the most important steps is to analyze and start adjusting your purchases. Most often, poor credit conceals unhealthy financial behavior and excessive spending. Find out which expenses you can reduce and which ones you can totally avoid. With credit cards, it is easy to get carried away and cross the line, but you should always be sure that you spend no more than you can afford. After all, this money will have to be returned, and, most likely, with high interest.

  1. Manage Credit Accounts

Figured out monthly expenses? Let’s go further. Now is the time to take a look at your existing credit accounts. The most essential thing is to get rid of debts and delinquencies. If you have any late payments, try to close them as soon as possible. As you already know, they pull big interest and fees along, thereby putting you in a circle of never-ending debts. Over time, paying off all accumulated debts becomes more and more difficult. If you cannot pay the whole amount immediately, do it in small parts, but pay more than the minimum required, and you will see your debts gradually melting away.

It is not less important to watch credit utilization, which means controlling your use of credit. All you need to do is spend no more than 30% of the available credit limit on each account separately and on all accounts in total. Compliance with this rule can help improve your credit history as well.

Bottom Line

Of course, no one can be secured against bad credit. There may be various life situations (e.g., large unforeseen expenses, bankruptcy, or a difficult divorce), which spoil a credit history to a considerable extent. However, if you do not intend to put up with the situation and are ready to act in order to turn your credit from bad to good, this is the first step to success. The rest is a matter of time and your consistency.


All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Latest Bad Credit Cards Guides

Earning Rewards with Bad Credit: Dream or Reality? June 17th, 2022

Without a doubt, every credit cardholder is not averse to earning some rewards or other benefits while building their credit history. And everyone knows that almost all good or excellent credit credit cards can ensure this.

Continue »
6 Tips to Improve Bad Credit Score March 28th, 2022

If you have bad credit, you probably have already got to know all its fallouts. Most likely, you meet not only high interest rates on credit cards and denied applications but also difficulties getting a job, renting an apartment or purchasing a car. This is not the whole list. A bad credit score can seriously affect all spheres of your life.

Continue »
A Guide to Bankruptcy January 26th, 2020

You might have never thought of ever facing such a thing as bankruptcy. However, each of us may have things going the wrong way one day and stay with a huge unpaid indebtedness. No matter how scary it is even to pronounce the word “bankruptcy”, it doesn’t look like a good idea to just leave it where it is and put yourself in a debt trap. Especially since our government takes care not only of lenders but also of the borrowers. In case of financial difficulties, you will be protected by law.

Continue »
5 Bad Credit Score Myths You Probably Believe January 6th, 2019

Credit scores are incredibly important in order to do a number of things: rent an apartment, get approved for a mortgage, car loan, or business loan, and even to get a job. But as important as credit scores are to almost every adult who wants to live a full and rewarding life, many of us still don’t understand the basic facts about how credit reports work and what a good or bad credit score really means.

Continue »
3 Secrets for Bouncing Back From Bad Credit June 14th, 2018

If you’ve had a setback or two that left your credit score the worse for wear, you might be wondering what the best way is to rebound and get back on track to healthy credit. The good news is that many people have been in your position, and there is absolutely a road back from bad credit.

Continue »
Best Credit Offer
Surge® Platinum Mastercard®
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 4 / 5
Horizon Card Services Group One Freedom Card
Copyright © 2001-2024 BestCreditOffers.com All Rights Reserved.

See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by BestCreditOffers.com. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.