Where can I get a credit card if I have poor credit rating.?

Question

I already have a Capital One card - serious answers only please!!!!!! websites would also help. Thanks

Answer 1

To answer your question; there are many secured cards you can apply for that advertise they can help your credit.


I highly recommend the Eufora Credit Builder Mastercard from Bank First.

Why?

Because:

1. You are guaranteed to be approved, there is no credit check.

2. It is a Mastercard you can use anywhere Mastercard is excepted.

3. It reports to the credit bureaus and will have a dramatic impact on your credit.


How much is it?


Its $99 for a 2 year membership ($49.50 a year)

When you pay the $99, you will have a zero balance and will need to load funds onto it. (You can load funds by transfer, credit card, debit card, bank draft, money order, check, western union or however else you want to)

Once you load money onto it, Bank First will auto draft $10 a month as a fee to report to the credit bureaus. You never need to make monthly payments and each and every month it will build your credit.

It may sound expensive, but have you any idea how much bad credit costs you? Thousands every year.

FYI, it also reports that you are making payments on an installment loan so it really helps your credit!



You can apply for it here: http://www.goeufora.com/418121496892

Answer 2

The other card (aside from capital one) to consider is the orchard bank mastercard. Reason being that it has reasonable fees and apr compared to other "sub-prime" credit cards. If your credit is really bad, Orchard will approve you for a secured credit card.

When you are checking around, watch out for the following :

1. Check the annual fee (anything above $100 is very high).
2. Is there any one-time application or processing fee?
3. what is the apr? (mid teens is a reasonable level for a sub-prime card).
4. Does it report to the three major credit bureaus?
5. How often are credit limits reviewed?
6. Do you have to pay any fee for a credit limit increase? (Yes, there are cards who charge these fees).
7. Make sure there is a grace period (Yes, there are some cards with no grace peiod - hit with interest charges immediately).

hope that helps.

Answer 3

If you already have a Capital One card AND have a poor credit rating, you should really think seriously about not getting any further into debt. However, if you just MUST have another credit card, Providian is like Capital One - they will give a card to just about anybody. (It's a Visa card.) What I suggest (and use, myself) is a VISA debit card through my credit union, which allows you to do things you normally need a credit card for, like renting cars or buying plane tickets online, etc., but you are using money you actually have in the bank, so there isn't any interest to pay.

Answer 4

If you have a poor credit rating, then you should consider NOT GETTING ANY MORE CREDIT CARDS!!

If you absolutely MUST have one, Provident or Vanquis do them at EXHORBITENT rates.

The other alternative is a PAYG credit card. I got a pre-paid Mastercard from The Money Shop.

All you have to give them is 2 forms of ID and there's no credit check. You initially pay £9.99 for the card and it takes 5-7 working days to get to you. You then have the option of paying £4.95 per month to use it as many times as you want or, if you'll only be an occasional user, you pay a £1 per transaction fee.

You can top up the card as many times as you want either at The Money Shop or the Post Office; they also can make arrangements to have your wages/salary paid direct to the card.

Hope this is of some use!

Answer 5

If you have a few hundred dollars that you can set aside and just need a credit card for emergency/convenience, and you plan to pay it off each time you receive the statement, then any of your local bank should be able to let you open a CD account then use that CD as a collateral & issue you a credit card with the same amount in credit limit.

Answer 6

If you have a bad credit rating, it will always be difficult to get a credit card and if you do manage it, it'll probably has next to no credit limit. Another useful option is to get a refillable credit card. This is like a 'pay-as-you go' credit card. It has all the benefits of a credit card, but none of hassles of credit checks! You control the credit limit by filling the card up and you can never get into debt. One I have found is http://www.mycashplus.co.uk/?PC=EFG001

Hope it helps

S

Answer 7

When and if you get another credit card, get rid of the capital one card. They charge like 29% interest and you will forever be paying them off. You get into a vicious circle and sometimes its never ending. I have just got rid of mine after like 3 years and i feel like a new person. Best advice is get a debit card and get rid of the capital one!!1

Answer 8

What's the obsession with getting more credit when you've already proved you're bad with credit - hence the bad credit history.
Get a single debt consolidation loan (Household Bank or similar) and then cut up all your cards and get rid of overdraft.
Set yourself a strict budget (your bank can give you a template budget planner) and stick to it.
When your debt consoldation loan comes to an end you'll be debt free.

Answer 9

vanquis card give you credit but then if you already have a capital one card you really should consider paying off that one

try to not get into too much debt

i have a capital one and a barclaycard and i want a mortgage

remember its not your money and you are spending lots on interest payments

try saving your money and pay for things with cash.

with a card you dont really realise that its money you are spending only plastic

Answer 10

There is a site called [e-mail] its very good and he can compare any credit cards and the best deals they have at present. On this site there is a debt free link to help you . Hope this helps .PS dint take another credit card on this will only make matters worse for you