Generally, what is a good credit card or bank to go with if you have bad credit?

Question

Actually, I am recovering from bad credit.

Thanks

Answer 1

If, and I emphasize the IF, you have the good fortune to find someone to loan you money that you probably won't pay back, you'll pay phenomenally high interest rates that will send you into a downward spiral from which you won't recover.

Answer 2

I just got a credit card with first premier bank and I have a credit score of 530. The good thing about First premier bank credit cards is that they keep a record with all three credit bureaus when you make payments so if you make your payments on time every month it increases your credit score. Great for fixing that bad credit! You generally start out with a low limit. Mine is $200 dollars for the first six months and then I'll be eligible for an increase. The apr is 9.9% which isn't great but isn't as bad as some. Just be sure to AT LEAST pay the minimum each month and your credit score will slowly start going up. Good luck!!!

Answer 3

Dont even think about credit card if you're going through a bad debt and trying to recover from it. I was in the same situation a year ago and I was in a heavy debt of Rs.250,000 (approx $4000). You can either do a temporary job, or if youre in urgent need of a money I suggest you go for a bank loan. But no way dont go for the credit card.

Answer 4

The Bank of life is the only good bank to be with, if you can't afford it don't buy it.

Spend a little save a little when you have enough pay cash. That's what I've done for the last thirty years. I do not have a credit card, and will never have a credit card.

Answer 5

I'm guessing credit is what got you into the bad credit mess in the first place. Stay away from credit cards. Use cash for living expenses, have savings in the bank for emergencies and save for the big stuff you want (cars, TVs, computers). Get a check card attached to your checking account (sometimes called a debit/credit card) for on-line purchases. That will help keep you from overspending.

Answer 6

Try aspirecard.com, it is an unsecured Visa card and I have one . My credit is "not so perfect" and I tried them and was approved. You apply online and get a decision instantly, they also report your payment history and give you an increase after the first 4 payments have been made on time. I have done very good so far and am able to maintain it, the minimum payment is only $20 a month so I thinks it's worth a try to start rebuilding your credit.
Hope this helps!

Answer 7

click on my pic go to my profile i have a link there
text from their site
We have over 50 Banks & Companies that offer Bad Credit Unsecured Credit Cards and Merchant Cards to people with good credit, no credit, bad credit, or even a bankruptcy. - NO SECURITY DEPOSIT. Apply Online. You can get started right away

Answer 8

the best way is to keep changing banks or good credit cards after some months.

Answer 9

If you can get a Netspend card in your area, it can help you rebuild your credit. It's a pre-paid Visa or Mastercard (I use Mastercard), and if you sign up for their 30-day FeeAdvantage Plan, they report to Transunion that you are in good standing with them every month. You can call them and ask them to explain it to you, I'm sure they can explain it better then I can. My Netspend Mastercard is great tho, I use it to shop online and buy stuff off Ebay. They have excellent customer service too.

Answer 10

You might be able to get a secured card, or a card with a high interest rate and low limit ($500) from Providien. Check out their website

Here is another site to check out. Be prepared to pay not only high interest rates, but an annual fee.

http://www.creditcards.com/bad-credit.php