# Credit

**URL:** <https://community.thepennyhoarder.com/t/credit/761>\
**Category:** Money Management\
**Created:** [November 25, 2019, 6:56am UTC](https://community.thepennyhoarder.com/t/credit/761 "2019-11-25T06:56:27Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![annie.lee.mcginnis](https://avatars.discourse-cdn.com/v4/letter/a/7651D7/32.png) [@annie.lee.mcginnis](https://community.thepennyhoarder.com/u/annie.lee.mcginnis)\
**Post date:** [November 25, 2019, 6:56am UTC](https://community.thepennyhoarder.com/t/credit/761/1 "2019-11-25T06:56:27Z")

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Was just wondering how to get my credit score back up

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**Author:** ![lismox](https://sea1.discourse-cdn.com/flex015/user_avatar/community.thepennyhoarder.com/lismox/32/4155_2.png) [@lismox](https://community.thepennyhoarder.com/u/lismox)\
**Post date:** [November 25, 2019, 3:38pm UTC](https://community.thepennyhoarder.com/t/credit/761/2 "2019-11-25T15:38:40Z")

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Applying for a secured or prepaid credit card may help with your score. I also check Credit Sesame and Credit Karma regularly to review my score, but I would look into applying for a secured or prepaid card and making small purchases monthly and then paying off those charges. I don’t know too much about it, but you may also want to look into Experian Boost. Good luck!

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**Author:** ![e.allen](https://avatars.discourse-cdn.com/v4/letter/e/7651D7/32.png) [@e.allen](https://community.thepennyhoarder.com/u/e.allen)\
**Post date:** [November 26, 2019, 1:36am UTC](https://community.thepennyhoarder.com/t/credit/761/3 "2019-11-26T01:36:28Z")

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Depends on your situation. But general guidelines are keep utilization below 30%, keep longest card or account open, pay all bills on time.

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**Author:** ![princealarming](https://sea1.discourse-cdn.com/flex015/user_avatar/community.thepennyhoarder.com/princealarming/32/1412_2.png) [@princealarming](https://community.thepennyhoarder.com/u/princealarming)\
**Post date:** [January 25, 2020, 12:52pm UTC](https://community.thepennyhoarder.com/t/credit/761/4 "2020-01-25T12:52:09Z")

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As @lismox said, and I echo, get a secured credit card. I would also like to suggest look into to a credit builder loan. A credit builder loan works like this, for example, you agree to pay $25.00 a month for 12 months. The loan gets put in a CD, to earn interest(for the company, they have to make their money). At the end of your agreement you get the loan money(in a check and/or direct deposit). I know about this because of articles I have read that were suggested by credit building advisors and from hands on experience(yep I have one).

P.S. my credit score has gone up like 42 points in 6 months, since getting this. There are a couple other factors involved too. When I started working on my credit it was around 490, I’m at 597 now. If I can do it, so can anybody else.