Do “Credit Builder” Features Work?
Here’s one of the catch 22’s of credit repair. Many people with really bad credit scores, or even no credit score (folks with “thin files” or “no files”) don’t have a chance to easily build or improve their credit score. So what can they do? One option is to use a prepaid debit card with a “credit builder” feature. Do these work?
Unfortunately, for a number of reasons, prepaid debit card companies no longer offer credit builder features. Check out GetDebit.com to read more about these changes.
Recent Credit Blog Posts
- Do “Credit Builder” Features Work?
- Credit Repair Companies Fined in Louisiana
- A Quick Check To See How Credit Reform Is Going
- Credit Card Issuers Get Tighter—Advanta To Yank Future Use of Some Business Cards
- Credit Card Rights: Disputing Credit Card Billing Errors
Easy Credit
Good credit scores save you thousands of dollars. We've made it easy for you to learn about good credit. Download our free Easy Credit Guide and find out how easy it can be to get good credit!
DownloadGet Our Credit Tips
Serious about improving your credit and saving money? Make it easy for yourself, and get our weekly Credit Tips newsletter delivered by email.
Free Credit Reports
(Plus Scores!)
To improve your credit score, you need to know your credit score. Get all three credit reports (plus credit scores) in this free offer.
Get it NowCredit Success Stories
“My credit had always been good, so I was surprised when my refi was recently refused because of a low credit score. It appeared to me that someone else's credit rating was corrupting mine. I asked Credit Xperts [one of CreditScoreAide's trusted partners] to help, and in no time they had the imposter removed from my records and my refi was approved with the most favorable rates available. Credit Xperts really came through for me. ”Read More