I am slowly rebuilding my credit, but it is still poor. I just got a new job where I have to carry a credit card to cover travel expensises until I am reimbursed. Need to know a good place to apply for a card that will allow me at least $2000 limit with as little fees and deposits as possible.
I am paying off a Discover card that I closed so they are probably not an option.
Anybody pleased with a particular company or card?
2006-12-10 10:29:54 · 6 answers · asked by tryingmybest79 4 in Business & Finance ➔ Credit
If I had $2000 I wouldn't need a credit card......
2006-12-10 13:23:07 · update #1
Try Eufora Credit Builder....
Here: http://www.goeufora.com/418121496892
Keep in mind, if you have bad credit, nobody is going to give you 2k limit. You have to work your way up the totem pole.
2006-12-10 11:17:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Apply for a credit card with "secured credit". Bank of America has these. If you want a $2,000 limit, then you will need to give the bank $2,000 to secure the credit card.
This isn't the best solution however if you're hard up on credit, this might help.
Another suggestion is to apply for a consolidation loan. You might need to go through a high-risk credit agency (+20%). However, if you close the discover card with a loan and then pay off the other, this will improve your credit score. Pay off the credit loan by building up a Money Market saving's fund with 25% of your earnings.
2006-12-10 10:55:06 · answer #2 · answered by gabrielbowers 2 · 0⤊ 0⤋
Not being a huge fan of credit products, I would open a separate checking account with a checkcard attached. Use your debit card while traveling and then deposit your reimbursements.
debtfighters.blogspot.com
2006-12-10 13:12:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Don't you have any other options for employment??? I would be scared of a company that makes me travel on my own money and wait to be reimbursed. You are financing their business..
2006-12-10 10:38:42 · answer #4 · answered by snvffy 7 · 0⤊ 1⤋
Many banks have prepay cards that you can purchase. I use them for gifts.
2006-12-10 10:44:36 · answer #5 · answered by seekingwidow 3 · 0⤊ 1⤋