Does American General Finance help to rebuild bad credit?

I have really bad credit from the past, but I am now paying off my old debt and trying to start new and build up my credit. A coworker told me that American General Finance can help me to rebuild my credit. Is this true?

i am currently paying off a loan from american general. this business is not really to build up your credit. it is a loan company. the best way to build up credit is to get a secure credit card through your bank. this allows you to put lets say 300 dollars down on a card and use it to your discresion but you have to pay it back like a normal credit card. it would be in your best interest to get one of these cards and then when your bill comes, pay a little more than what your minimum payment is but that goes with any credit card. another good way to build credit up is jewelry bills. that is an easy way.

i dont believe that is true at all. i have fairly bad credit (low 500's) and tried to get a loan to get back on my feet and they denied me saying they werent interested in someone with bad credit.
get a credit card thru www.orchardbank.com
they specialize in rebuilding credit.

Even though your credit may be bad, there are still banks and
financial institutions that will approve you for a credit card.
Depending on your credit rating, the credit card company will
determine your total line of credit and the interest rate you will pay.

Here are a list of credit card companies that issue credit to people with bad credit.


Aspire Visa Card

鈥?30 second online response
鈥?Rebuild your credit
鈥?No security deposit required
鈥?Accepted at more then 29 million locations
鈥?Account access & online payment


New Millennium Bank Platinum Master Card

鈥?Guaranteed issue
鈥?Complimentary online services for account management and payments
鈥?Be approved regardless of income or credit history
鈥?Reports to the three major credit bureaus to rebuild your credit
鈥?Up to $10,000 secured credit limit


First Premier Bank Gold Master Card

鈥?Low APR on purchases
鈥?Reports monthly to 4 major credit bureaus
鈥?A credit card for those with less than perfect credit
鈥?Quality customer service
鈥?Accepted where you see the Master Card or Visa logo
鈥?Enjoy the benefit of 24-hour phone account access

Centennial Master Card

鈥?Low APR on purchases
鈥?Reports monthly to 4 major credit bureaus
鈥?A credit card for those with less than perfect credit
鈥?Quality customer service
鈥?Accepted where you see the Master Card or Visa logo
鈥?Enjoy the benefit of 24-hour phone account access

Orchard Bank Master Card

鈥?A good credit card for people who are looking to re-establish their credit and would like the convenience of a Master Card
鈥?Periodic credit limit increase reviews
鈥?Reports to all 3 credit bureaus each month, which can help
improve your credit score
鈥?Fraud, dispute and unauthorized use protection
鈥?Free online account management and payment

USA Platinum

鈥?Get a $7500 Platinum Credit Line regardless of credit history
鈥?You have been selected to receive a $7500 Platinum Shopping
Card from USA Platinum
鈥?Your approval is *guaranteed regardless of your credit history

USA Gold Credit Card

鈥?Get a $5000 Gold Credit Line regardless of credit history
鈥?You have been selected to receive a $5000 Gold Shopping Card from USA Gold
鈥?Your approval is *guaranteed regardless of your credit history

my opinion. run don't walk from American general finance, I believe the are considered store front lenders with multiple stores across the us. they sell expensive insurance, expensive sub prime mortgages , high interest loans, anything any type of service where they can use predatory lending and loan flipping. this is not the type of company you need, no matter what they say, ! ! !

honestly, the fastest way to build up your credit is to finance a car. take the hit on the interest rate for the first 12 payments, then go to a credit union, become a member and refinance the car without taking equity. when you go to buy your car, make sure you have a down payment around $2000 to $5000 depending on the price of the car.

My credit suffered in the past as well and when I tried to get a loan through them they denied me. At first they were all for it then they called me back and said I was late on a couple of payments. Well, I knew that already! So I was denied. Why don't you try a credit union instead. Good luck...

Bad credit is one of the worst problems to have... however there exists a solution.

I will hereby talk from my personal experience.

I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is a straight to the point ebook with question and answer I found :

http://umgarticles.atspace.com/debt-cons...

if it helps kindly remember me in your voting!.. cheers!