what credit card holds the best incentives?

Question

We filed bankrupcty awhile ago and need to rebuild our credit score so we can one day get a house on our own....We have been told that this is the best way of doing that....We have had tons of cards send us approvel.... but we keep throwing them away.. we want to do things right this time!!!!!!!! thanks you for any REAL help

Answer 1

Get the card with the lowest interest rate you can find, no fees, maybe a $500 limit and DON'T let them raise the limit on you! PAY it up every month, so be sure to only use it for small purchases you can afford to pay THAT month when it somes due. You REALLY should be talking to a financial planner (NOT a credit counselor) at a bank, they don't charge you anything. They can give you tips for building your credit rating.

Answer 2

I you actually want to OWN a home, instead of renting it from the bank, don't get any credit. Take the money you would have spent on the cards and save it. You won't need credit with 100% down.

Answer 3

you want the lowest interest rate and fees, and, most important, reports your good behavior to all three credit bureaus, not just one (call the company and ask them) every month.

Answer 4

This website has all kinds of info.
-MM