Credit companies will often offer you promotions which include special introductory rates, generous free gifts or other incentives to switch accounts or companies. However, you should resist the temptation to switch unless you have a sound reason.
Establishing a good credit relationship with one company, like having one credit card from your college days, is a good way to show lenders that you are a stable sort of person who is likely to take money matters seriously.
That is exactly what lenders want to see. Switching accounts and lenders makes you appear unstable.
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bad credit: lack of confidence in a purchaser's ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.
If you want to improve your poor credit, you can start at any time. But you must start.
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