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Should you get a credit card to repair your credit?

In: Credit and Debit Cards, Credit Reports, Credit [Edit categories]

Answer:

You may do that in case of credit card consolidation wherein your credit card debts are consolidated into one credit card. However, if you can still negotiate to lower your interest rate and monthly payments; it is still better to pay off your debt with cash and not consolidation.

First answer by Naomibatac. Last edit by Naomibatac. Contributor trust: 1 [recommend contributor ]. Question popularity: 2 [recommend question].

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