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2. Consider a Cosigner: If you can’t get a loan on your own, you can try to find a cosigner to facilitate the deal. But realize that person is putting his credit history on the line for you. If you mess up, your cosigner pays the price, because they’re just as legally obligated to pay the debt as you are.

3. Make Sure Your Credit Limits Are Correct: This is a point that many credit re-builders unfortunately overlook. A big chunk of your credit score has to do with how much of your available credit you’re using. If the credit limits are showing up on your report as lower than they actually are, your debt utilization ratio will be higher than it needs to be. You can use the dispute process, but it might be just as expeditious to call your creditors and ask them to update your credit bureau files.

The Benefits of Keeping an Open Checking Account

Creditors look for bank accounts as a sign of stability. Quite frankly, they also look for bank accounts as a source of how you will pay your bills. If you fill out a credit application and cannot provide a checking account number, you probably won’t be given credit.

A savings or money market account, too, will improve your standing with creditors. Even if you never deposit additional money into the account, creditors assume that people who have savings or money market accounts use them. Having an account reassures creditors of two things: