If you have bad credit or have filed for bankruptcy, then here are three credit cards just for you. Use one or more of these as a stepping stone to rebuild and restore your credit rating. OpenSky Secured Visa Credit Card With an annual fee as low as $35, the Open Sky Visa credit card does not need any background credit check for approval. Nor does the card require you to have a traditional bank account. The annual percentage rate (APR) for borrowing money on credit is nil for the first three months of use irrespective of the kind of purchases you make. After the initial three month period you pay 17.39% variable interest on your bill amount. You have the option of choosing your credit limit. It can be as low as $200, going all the way up to $3000. This is the amount you pay as a refundable deposit when you apply for the Open Sky Visa credit card. Open Sky reports to all three major credit bureaus, the Equifax, Experian, and TransUnion. If you make monthly minimum payments consistently, then rebuilding your credit score is quicker, possible in maybe six months even. With Open Sky you can build better possibilities for tomorrow, no matter how damaged your credit score is today.

It is in the time of high school and college that individuals learn the value of savings. At this point in life, a bank account can be of great use. However, choosing the right bank to open your savings account can make a big difference. The bank account chosen should also fit well to your life and financial needs. Based on various fundamental factors and features, some of the best bank accounts available for students are as follows: Chase college checking account This is a checking bank account which is available for students between the age of 17 and 24 years. A valid student ID proof would be required to open this account. For the first 5 years of college, there would be no fee charged and also a $0 minimum deposit requirement. In addition to this, if a student enrolls in paperless statements and does 10 qualifying transactions in the first 60 days of opening the account, Chase will give the students an extra $100. Ally Bank’s online savings and checking account While these accounts are not specifically for students, they fit perfectly to their needs. No minimum deposit or maintenance fee is required as the accounts are online.

A credit report can have implications on far off places that one wouldn’t even be able to estimate sometimes. Therefore, the best bet that any of us can have to avoid unnecessary complications in unexpected places is to make sure we have a great credit score. While a bad credit score is a matter of concern, it is not the end of everything as it can be improved with sustained and consistent efforts. Various things can be done to build up a good credit score. Following are 7 ways to go about it: Cleaning up the credit report TransUnion, Equifax, and Experian are the three biggest credit reporting bureaus in the country. While trying to improve your credit score, the first course of action would be to request a free report (provided once each year by each of the three bureaus) and review it carefully. Any mistakes or errors which are spotted in this report should be disputed immediately. Doing so will not only improve your credit score but also reduce any complications in the future. Once the false report is removed from your profile, the credit score will improve. Clear your dues Clearing your dues can also help improve your credit score.