Asked anonymously

Should I apply for a loan or just try to rebuild my credit first?

My current score is 505.

Report Question Report

  Leave Answer

Log in or sign up with email
By submitting you agree to our Terms of Service

  Answers  |  2

April 18, 2017

You might want to try starting with a credit card instead of a loan. Even a secured credit card that you use regularly and pay off each month can boost your score.

Here are some other great ideas to boost your score with a little time and effort.

How to Rebuild Your Credit Score Fast

5 Steps to Rebuild Your Credit

5 Things Not to Do When Rebuilding Your Credit

If you believe there is a mistake on your credit report, you can resolve it with a single click using our credit correction service.

$commenter.renderDisplayableName() | 07.27.17 @ 17:00

{comment}

April 25, 2017

Rebuild the credit, I would recommend obtaining a lender pulled a tri-merge credit report as this will give you all data and all scores from the 3 main bureaus. Then review it and begin to repair and address any issues on the report.

$commenter.renderDisplayableName() | 07.27.17 @ 17:00

{comment}

  Our Professionals Are Available to Help!

  Can't find What You're Looking For?