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6 reasons why credit matters – Those with bad credit still have some solid credit card choices. A secured card can help you build your credit if you focus on the two biggest credit factors: paying on time and using less than 30% of.

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Another option that prospective homeowners with bad credit can take is purchasing a home with a co-borrower. Fixing or Preventing Bad Credit. Having bad credit is not the end of the world. It still may be possible for lenders to give you a loan, provided your credit score is not too low.

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