Rebuilding your credit score is important and if you ever plan on applying for a car loan or credit card, you’ll need to prove you are responsible when it comes to paying off your debt. That’s where your credit score comes in — the higher your credit score, the more opportunities you’ll have to get a loan at a low rate.

Credit card processing the Credit One Bank credit card with gas rewards is usually achievable for people with at least a 601 credit score. People with credit scores as low as a 551 credit score have been approved for the Credit One Bank credit card with gas rewards.

Platinum credit card secured credit card from USAA is a real credit card which isn’t a prepaid or debit credit card, that helps you build or improve your credit score. When you apply, you’ll also be opening a USAA 2-year Certificate of Deposit (CD), an interest-earning deposit account that has a two-year term and a $250-minimum initial deposit.

The minimum credit score needed for approval varies by store credit card, but it’s not the only criteria used. For example, someone with a low credit score simply because they are new to credit will probably be looked upon more favorably than someone with a low score due to late payments or a charge off.

When an individual gets into a serious accident or incurs a large sum of medical bills from an illness, it can be hard to repay the debts before the hospital turns the debts over to a collection agency. Once the debts are at a collection agency, they are placed as line items on that individual’s credit report.