I need a credit card to help build my credit back up. Is there an agency or bank who speacializes in this? Where should I apply.
2007-02-28 09:01:38 · 6 answers · asked by Audrey B 2 in Business & Finance ➔ Credit
There are several banks who specialize in credit cards for people with poor / no credit. Orchard Bank and First Premier are two of the most popular ones. For a list of options you might want to consider, visit:
http://www.asapcreditcard.com/unsecured-offers.html
2007-02-28 09:13:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You could always do a secured credit card. Go to your bank, you fill out some forms and hand over an amount of money (lets say $500). They hold onto that and give you a credit card with $500 credit. You treat that card just like a normal credit card but the bank holds onto the deposit as security. That allows you to build the credit and it give the bank some insurance that you are not going to default on the card.
2007-02-28 09:05:40 · answer #2 · answered by A.Mercer 7 · 0⤊ 0⤋
Reward credit cards reward you depending on the amount you spend on the credit card. Usually, you can collect rewards through 3 methods. One method involves earning cash back on the card, which is generally a certain percentage of each amount you spend. The next method involves giving points or any other type of token to the customers to accrue. They can then redeem these points for gifts like luggage, cosmetics and other goodies that the credit card company offers. Most of these reward schemes have alluring gifts and huge variety of selections. But the better option is to go for a cash back reward as it allows you to use the money any way you like.
2007-03-01 01:50:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Visit http://www.cheap-credit-cards.org for more information - many credit cards for people with bad credit - check the credit cards section
2007-03-02 03:55:58 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I'd start rebuilding your credit by paying bills on time, rather than opening a new line of credit (revolving account), which may lower your credit score even further in the short term.
2007-02-28 09:20:54 · answer #5 · answered by Andrew A 2 · 0⤊ 0⤋
there are alot of people that would give you credit if you show proof of income, and pay a very high intrest rate
2007-02-28 13:13:51 · answer #6 · answered by kanesmawmaw 2 · 0⤊ 0⤋
check your luck here
http://snipurl.com/1blap
2007-02-28 11:14:16 · answer #7 · answered by Anonymous · 0⤊ 1⤋