dro credit cards. 1 April 2022 at 3:12PM in Credit file & ratings 5 replies 141 views

superman1979

my DRO drops off in about 2 years. I would like to try start rebuilding credit if possible? is it? 
I took out a vanquis and capital one. is there any other bad lender cards to try please? 

Ebe_Scrooge

If you're looking to rebuild your credit history and you've got 2 cards already, that's plenty to be going on with.  How recently did you get those cards?  Because making more than a couple of applications in a short space of time will do more harm than good.

That aside, you can check here for an idea of what you might be approved for: https://www.moneysavingexpert.com/eligibility/credit-cards/search/?goal=CC_CREDITBUILDER

But really, I'd stick with the 2 cards for now (assuming your primary aim is to build up a good history).  Use them regularly for everyday stuff (food, petrol, whatever), never use them to buy stuff you can't afford, always always ALWAYS repay therm in full when the statement arrives ( a Direct Debit will make sure you never forget).

Credit cards are probably the simplest method of building up a good history, but you must be disciplined and never ever use them to buy anything you can't afford, and make sure you'll always be able to pay the bill in full each month when the statement arrives.

sourcrates

superman1979 said:

my DRO drops off in about 2 years. I would like to try start rebuilding credit if possible? is it? 
I took out a vanquis and capital one. is there any other bad lender cards to try please? 

Don`t attempt to feed the debt gremlins, its easy to get carried away with new credit once you start becoming more attractive to lenders again.

I agree two cards is more than enough.

superman1979

oh my god. HAD past tense. I dont have any cards now so cant build credit. 

penners324

Aqua and there's a new one from Barclaycard 

sourcrates

superman1979 said:

oh my god. HAD past tense. I dont have any cards now so cant build credit. 

OMG, well you didn`t say "had" in any tense in your opening post.

"my DRO drops off in about 2 years. I would like to try start rebuilding credit if possible? is it? 
I took out a vanquis and capital one. is there any other bad lender cards to try please?"