Filed under: Advice,Finance

Many times these credit card offers will come to you in the mail with come-ons such as “no annual fee”, “zero percent interest rate for the first twelve months”, and “transfer your credit card balance free – with no fee”. The goal, of course is to get you to become indebted to them instead of your current company. That’s how many people get into credit card holes to begin with.

But getting a credit card can be a bit more difficult. And even if you get a credit card, that alone will not help you build your credit. You’ll have to show that you can be trusted with credit, that you are capable of making payments on time, and that you will not borrow more than you can repay. Re-building credit is a slow process, but millions of people begin that process every year.