If you have had major credit problems in the past then you need to take action to show that your current financial standing and credit management is no longer in the state that your history represents in your credit reports.tn requin
There are events that can happen in life such as divorce and bankruptcy that are often unavoidable and while they can severely affect your credit score at the time most people will move on from those events and get more balance in their life where such financial problems are unlikely to happen again with good financial management.tn requin
These events can affect your credit score in a substantial way and unless you take the necessary action to repair your score they can hinder your progress for many years to come. Bad credit score from events like this is much like getting back on your bike when you fall off. You will need to take out a small loan and pay if off as soon as possible to get back on your 'financial feet' and prove to potential lenders that you are no longer high risk.
Every time you get another loan and pay it off on or before time without missing any payments you prove that you are not as risky as your credit score might suggest. The more often you do this the easier it will become to get credit and you can work your way up to bigger loans at lower interest rates as your FICO score improves.
Expect to be met with some resistance when you first apply for loans after having a big financial upheaval but you will find that there are always some people who will be willing to lend you money albeit at high interest rates.
Keep the loans as small as possible and pay them off as soon as possible and then look for better terms the next time as you work your score up. You will probably find that getting a credit card with a small limit is the best way to go at the beginning.