I applied for a credit card and was declined due to my poor credit. If I apply again, this time with a co-signer whose credit is really good, will they grant me a card?
2006-10-01 16:33:24 · 8 answers · asked by N Burbs of Chicago 2 in Business & Finance ➔ Credit
They might, it depends on how good of credit the person has.
If you really want a credit card, then go to the bank and apply for one there. You should be able to get one, as long as you have a valid bank account at a bank. Good luck!
Bank One is a great place to get one!
2006-10-01 16:39:01 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Dude, if you find someone you know who is dumb enough to co-sign for you when, in fact, your past has clearly shown that you are uncreditworthy, then YES, apply again.
You should get the card since the co-signer agrees to pay your debt, in the event that you don't. And just remember, your late payments, should you have any, will also impair the co-signer's
FICO score, so please be careful and do not take this 'ish lightly.
Just don't abuse that person's trust in so doing.
It's the American way.
Good luck.
2006-10-02 02:15:17 · answer #2 · answered by DaMan 5 · 0⤊ 0⤋
Its worth a shot. I would ask them that question before submitting the application to make sure its not a waste of time. But, I'm sure you'll find a credit card company will approve you with a co-applicant that has good credit.
2006-10-01 23:36:28 · answer #3 · answered by abcdgoodall 4 · 0⤊ 0⤋
I have always understood that when you use a co-signer they are using the co-signers credit because that is who they are going to go after if you don't pay your bill.
2006-10-02 00:07:47 · answer #4 · answered by whattheheck 4 · 0⤊ 0⤋
Sure they will grant you a card IF your co-signer agrees to pay your credit card bills. In other words, if you don't pay, your co-signer will have to pay.
2006-10-01 23:40:16 · answer #5 · answered by Kimba 2 · 0⤊ 0⤋
It all depends on the policy of the bank issuing the card. The problem with credit cards is they are unsecured credit.
2006-10-01 23:42:48 · answer #6 · answered by JSalakar 5 · 0⤊ 0⤋
It's definitely worth a shot, but everytime you get declined, it lowers your credit score.
2006-10-01 23:37:51 · answer #7 · answered by Wizdumb 2 · 0⤊ 0⤋
most deff, they will accept you as long as your co-sgner has good credit....they just wanna get paid>>>CHARGE ON!!!!! ;)
2006-10-01 23:42:13 · answer #8 · answered by djjoecruz 5 · 0⤊ 0⤋