Credit Repair - Credit Cards - Does the type of card make a difference?

Question

I found a huge credit card directory... Does the credit card you apply for make a difference on your credit report?

If I apply for a poor credit credit card - http://www.affiliatetier.com/credit_repair/credit_cards.php - Would this effect my credit report?

If I apply for a really great credit card like American Express Blue: http://www.affiliatetier.com/credit_repair/credit_cards.php?review=23 - Would this look good on my credit report if I am approved? And would this look really bad on my report if I am denied compared to a poor credit credit card?

I have been reviewing all the credit cards: http://www.affiliatetier.com/credit_repair/credit_cards.php & found http://www.affiliatetier.com/credit_repair/credit_cards.php?review=23 to have an overall rating and benefit rating as the highest so far... I am scared to apply if I get turned down and it shows on my credit report as being turned down by a GOOD credit card...

Answer 1

Your credit report and score doesn't care if you have prime or subprime cards. But, if you have a subprime card on your reports (like Aspire) and try applying for a prime, the prime company may notice. (That doesn't necessarily mean getting denied with a prime company though. But it might(?) mean a lower limit or higher scores)

As for applying "through" that site you've listed, I wouldn't recommend it. Always go to the home site of the credit card you are applying for. Don't trust putting your sensitive info on any application through a site like the one you listed.

I'm not saying that particular site is bad, I don't know, but I do know that people have had their ID's stolen by going through similar sites when applying.

As for the Amex Blue, it is hard to get unless you have pretty good credit. Most Amex cards are hard to get without a good credit history, but Blue is one of the harder ones.

Since you didn't list your scores or your baddies on your reports you might go to the link I've provided. Click on forums then look at the upper right corner for CreditPulls.

You can put your score (or a few points higher score) and click on the search button. When the results come up, click on score and it will sort it from the highest to lowest scores. It will list many different things - what card it is, if the person was approved or not. How much the credit line is. Many times it will say what baddies were on the peoples reports at the time of applying. And much more.

After looking through that, you might look through the credit forum. Do searches on the card you are thinking about and then read of others experiences when applying etc.

You might also learn how to deal with any baddies on your reports if you have any.

Answer 2

the main thing that you want to know when applying for any credit card is the annual percentage rate (APR). The lower the better. You also want to know if the APR is introductory what is the rate after that. It might be 6% to start then go up to 28%. You dont want that. As long as you pay on time then you will help improve your credit. I hope this helps.

Answer 3

Doesn't change anything because all the credit cards are registered at the same "credit central"

Answer 4

No. The debt ratio affects score and the payment history affects score, but not the type of card.

Answer 5

here you'll find a few comprehensive & FREE sites that explain it all quite nicely.
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if you get any luck please don't forget about me lol, hope it helped you!