Comment from Manny
Time February 21, 2010 at 7:27 pm

Visit this website @ http://credit.about.com/od/creditrepair/tp/improvecredit.htm
It should give you some important tips to improve your credit score.
I read somewhere that a secure acredit card with a low deposit is a good step to take. Seems to me your deposit is awful high.
You must be commended on this effort. Keep going… Good luck!

Comment from Errol N
Time February 21, 2010 at 8:02 pm

BAD IDEA!…. since your score is already low, the ONLY thing you can do to help it is pay off debt. if you already have a credit card that has a limit of 500, then how much of that limit are you using? if its any thing more than 40% you’re using tooooo much of your credit. pay that down and leave it there. this will add lots of points to your score. if you have any c/o accts on your cbr, settle them instead of pying the blnce. pying a settled acct in full or settling it makes no difference, if it’s c/o and paid, it’ll reflect that whether u settle or py it off. if there is anything on your cbr that is delq and open, then bring it current. dont take on more debt, just py off and bring current what you have.

Comment from Nick
Time February 21, 2010 at 8:29 pm

You can use this credit monitoring service to pre-estimate future scores for different scenarios of such payments – credit-report-free.totalh.com