what is the easiest credit card to get if you have little or no credit?

Question

I need to improve my credit so I need a credit card...but have no credit, just a car note.

Answer 1

Avoid Chase bank at all costs! They wouldn't send me statements, but then they would call and tell me I was late with my payment. They will harass you and report you to the credit bureau even though they refuse to send statements.

Answer 2

If you are looking for a credit card for bad credit, there are many options to choose from. The two main types of cards available are either a secured credit card or an unsecured credit card for bad credit. Both types of cards can help you repair your credit by giving you an opportunity to establish a good payment history. The costs and fees associated with each type of card are very different, however. In addition, depending on how bad your credit is, whether you have sufficient income and other personal details, you may only qualify for one or the other.

First let's look at the secured credit card for bad credit. A secured credit card requires that you deposit money with the issuing bank, and the bank will issue a credit card in the same amount for your use. Secured cards are guaranteed to be approved, because the bank has your deposit money in case you do not pay your balance. A secured credit card for bad credit operates much like a regular credit card. You receive a monthly statement, and you pay your minimum monthly payment or the balance in full each month. You are charged an interest rate, annual fee and possibly other fees for a secured credit card account.
read more at: http://www.card-gallery.com/article/137,Get_The_Best_Deal_On_A_Credit_Card_For_Bad_Credit

Answer 3

In order to build up credit and establish a good credit, you must show a number of stabilizing attributes. Most notably, your report must prove to the lender that he will get his money back. Here are some suggestions:

OPEN A BANK ACCOUNT
Open a bank account and use it responsibly. This is the first step in establishing a financial history.

CO-SIGN
One way is to piggy-back onto someone who already has a good credit history established and is willing to co-sign. Once the co-signing has occurred, you simply make payments on or before the due date. In time you will have established a credit history.

SECURED CREDIT CARD
Apply for a credit card. Shop around and only apply for a card if you can meet the lender's requirements. Responsible use (spending within your budget and paying your bill on time) will help you build a good credit history.

DEPARTMENT AND GASOLINE CREDIT CARDS
Since gasoline credit cards are not revolving (cannot carry a balance forward month-to-month), often they are easier to obtain than regular credit cards. Similarly, some department stores offer revolving credit for a specific purchase and this is sometimes easier to establish. It is also a great way to establish credit.

This website can be very useful for you:
http://www.howtoestablishgoodcredit.com/Credit_Articles/index.php?page=1&category=7

Answer 4

The easiest 'credit card' to get is one that you get through your bank and is referred to as a 'check debit card' as it is directly linked to the money you have available in your checking account.

This card should have the VISA or MasterCard logo.

The part of your question that asks to 'improve your credit score' has nothing to do with a credit card. It has to do with the amount of time you have had credit available to you, the amount of credit used, and your record of paying off such credit. Simply by getting a credit card will not improve your credit score.

So in order to improve your credit score will have to do more with 'time'.

The only reason for applying for a secured credit card or a 'sub-prime' credit card is if you have BAD credit. You will find youself strapped with very high interest rates and outrageous annual fees, late fees and even some 'non-usage fees'.

If you have a car note and NO OTHER credit, then you should consider establishing a relationship with your bank by making consistent and regular deposits and build your checking account, savings account and money market accounts to a good level.

If you take this route, you can then apply directly with your bank that will offer a good line of credit and an exceptional interest rate.

Building credit and having a high Credit Score takes time and good management of your money.

Answer 5

Providian is easy to obtain. People who have been through bankruptcy can get theirs easily too. Beware: cards like Providian, Capital One and others that offer credit to people with little or no credit, charge a yearly fee and charge exceedingly high finance charges. I have seen statements of people who have the card and they charge 24%. They prey on people. One of the best ways to establish credit is with a secured credit card at a credit union or bank. A secured card is backed by your own money. After a year or so of paying on time, a regular credit card is issued. Paying your car note on time will also help you establish credit.

Answer 6

A secured card. You have to put money aside in a collateral account that nobody touches. You can't have it and neither can the company. But you can charge the same amount you have in the account. That way they know that you will pay; if you don't they can keep your money. After you pay on time for about a year, you can apply for a regular credit card and get your money back.

In the USA, a good one is from Orchard Bank. Just google "secured credit card."

Answer 7

Probably a Capital One card..but be careful..getting credit cards and having balances on them doesn't build your credit..it can actually hurt it by sending Your Debt to Income ration higher..also if you fall behind(which is easy to do)you can harm yourself..i would try to get a small installment loan first..because that shows that you have the ability to budget your money each month for a particular payment..

Answer 8

Try bank of America, open a bank account and apply for a secured credit card in one year they will change it to a unsecured if you are faithful in you payments. And the fee you pay is returned to you unlike most secured credit cards. Good luck.

Answer 9

Visit http://www.cheap-credit-cards.org/credit-cards/bad-credit-credit-card.php

You can also use the "Do it yourself credit fix" tutorial to help fix your credit

Answer 10

Wal-mart or Capital One