Will a score of 643 get me a credit card?

Question

I just want some idea of where I stand as applying for a card goes on my record. What would the odds be?

Answer 1

A high credit score alone does not mean that you will get a card. They also consider timeliness of payments, payment history, and often income level. Personally, I like capitalone. I was four months out of chapter 7 (due to wife's medical debt and loss of income). In trying to rebuild, stores and banks said no. CapitalOne approved my application, with a 6 month 0% apr, then 14% and no annual fee, although there was a $19 application fee applied at the first month's billing. If they approve you it's a guaranteed $300 line and as long as you make the payments on time they increase your limit, normally received within six months.

Answer 2

Score is component of establishing credit. The history on any other tradelines (especially revolving credit accounts) will also play a roll. 643 is a decent score. Keep in mind the national average is 675. But, you can definitely get a credit card. Stick with major vendors or credit unions.

By the way, paying a credit card off each month is a good idea to keep debt under control, however maintaining a balance of 20%-30% of your limit is ideal for your credit score. It shows potential lenders that you are not over extended and are a profitable account to them.

Answer 3

643 is a pretty good credit score. 750 would be great, and 500 would be sh*tty, for example. I think you will be fine. It also has to do with positive payment history, assets to debt ratio, capitol, etc. I would give it a shot, but don't apply for a whole bunch of credit cards at once, because that will show up as a negative on your credit report.

oh, and one more thing--ALWAYS ALWAYS ALWAYS pay off your credit card IN FULL each month, unless it is an emergency. I screwed up my credit when I was 18 (I am almost 23 now), and I feel like an outcast loser, please don't make this mistake, it is the worst feeling inthe world.

Answer 4

You can probably get most store credit cards, as long as you have no prior bankruptcy and no open collections.

Beyond that, every bank is different when it comes to their criteria.

Start by going to a local credit union and applying for one of their credit cards. Same Visa/MC, just better rates and easier qualifying.

Answer 5

You can get a credit card anytime, as long as you don't care about your rate. Shop around alot. There's plenty out there that want to give you credit, and hope you just pay the minimum.

Answer 6

You have fair credit, and this credit rating makes you eligible for rather good credit cards. With rather low charges and fees, and even with some sort of rewards.

For fair credit card offers you can visit these sites:

Answer 7

Yes look for a securred credit card it will help you raise your credit score

Answer 8

yes and a decent one at that

Answer 9

corrett spelling