How can I increase my credit score, which is 490, if no one is willing to grant me credit?

Public Comments

1. IDK... sry..
2. You can start out by getting an in-store credit card (jewelry, clothing or otherwise). They will start you out at a very low limit on your charge, but charge something small - pay it off quickly. Keep doing this, and MAKE SURE you always make your payments, and on time. Eventually you'll get your score where you want it, but it will take some time.
3. You should get a secured card and pay your balance in full and on time every minth. Don't go over your limit. You should make arrangements to pay whatever outstanding bills are on your credit reports. Have them marked as "paid in full" by the creditor. Give it some time.
4. Depending on your age and ability to pay. Sometimes buying a car and paying for it on schedual will clear things up. Another way is to try to borrow money from a bank and leave it in a saveings account. Tell them what your trying to do. Since the money isn't leaving and they are earning money directly from you, they will allow it.
5. First thing that you can do is go through the online dispute with Equifax, Transunion, and Experian and dispute everything. You should see instant (3-4) weeks results with this move as a lot of your creditors may actually remove their listing. ( Dispute by saying you have no knowledge of the account ) Next, get a secured credit card through a company like Orchard Bank and pay your bill every month ON TIME. Other than this, time is your best friend.
6. The best thing is TIME. After 7 years from the last bad credit mark, your credit score will jump higher. Another thing that might be holding you back is if you're applying for a bunch of credit cards all at once. It's frustrating, because they don't tell you this, but having a lot of new credit applications actually lowers your credit score. Best thing you can do is be patient and allow your score to recover on its own. Meanwhile, it wouldn't hurt to apply for a SECURED credit card that can help you build your credit back up. But try not to apply for more than one credit card every 7 or 8 months. Best of luck to you.
7. If you have the available funds in a saving acct or CD, you can use that to secure the loan and then credit score isn't really used. If you don't have the funds, try getting a loan with a cosigner until you can prove you are credit worthy on your own.
8. If your score is low because of slow payments, stop borrowing and pay off the slow payments. Save up money and after you have paid down existing debts borrow from either secured lenders or from stores. If your score is low because you are young and have little outstanding debt to rate, apply for store credit or a small credit card. Borrow small amounts and pay it in full. The score is based upon constant good timely payments to a number of different lenders. A poor payment history has a large impact. Owning a home and stable employment help a lot.
9. someone must have given you credit at one time, you should've been more conscious of your bills and paid them