Having a poor credit score poses challenges, especially when applying for a loan or a new credit card, but it doesn’t mean all hope is lost.
First off, we do not recommend applying for a new credit card if you have a poor credit score.
You have some type of financial problem that you first need to fix.
Instead, we recommend you take the necessary actions required to improve your creditworthiness and regain control of your financial situation.
We recommend reading our Get Out of Debt Guide.
If you follow the steps in our guide carefully, you will reduce your personal debt, you will improve your credit score, and lending institutions will again deem you credit worthy.
This is not an easy process, it’s going to take work, but if you want to improve your financial situation, getting out of debt, or significantly reducing your debt, is a necessary step.
If you are not in debt, but still have a poor credit score, we recommend reading our Credit Score page. Where you’ll learn tips for improving your credit score.
