what is the best subprime credit card?

Question

I have been building my credit and i have an aspen card and a continental card what are other good credit building cards?

Answer 1

A subprime credit card is a line of credit which is often extended to consumers with no credit or damaged credit. They typically have annual or application fees and may charge a higher percentage rate then prime credit cards. Like the secured cards above the main benefit is that by paying on time each month you have the chance to build/rebuild a positive credit history. Any fees or higher interest rates charged by subprime credit cards can be more than offset by the value of that good credit history.
* Low credit line, large upfront fees, high interest rates
* Marketed to people with lower credit scores

you can get best credit card with low interest rate at: http://www.lowest-apr-cards.com/index.html

Answer 2

How long have you had your other 2 credit cards?

If you've had them for over a year, you might want to consider upgrading to a better card (ie non-subprime). Of course, if you didn't carry a balance-- or if you made any late payments during that period-- you'll be stuck in the same situation.

If you are ready to upgrade (and you get approved), you may want to get rid of one (or both) of those old cards if they have annual fees or other charges. Although closing these old accounts may have a slightly short-term negative impact on your credit score, you'll get rid of the fees-- plus, you'll have new card to continue improving your credit.

If you want to stick with subprime, Orchard Bank is probably the best provider. To see all your options, visit:

http://www.asapcreditcard.com/unsecured-offers.html

But the simplest solution may be to call your existing credit card issuer and ask for a credit limit increase, reduction in interest, or removal of fees.

GOOD LUCK!

Answer 3

The average person can not live without credit. Orchard Bank is another one, also look into Wells Fargo Financial. WFF was credit cards for people with problem credit.

It is great that you are trying to build your credit, with a good credit score you will have better rates on loans, and even car insurace.

Answer 4

NONE. Geez, you already tanked your credit & now you want to get more BRAND NEW credit cards to trash?! Come on! Credit has not been a blessing in your life so far. I'm not trying to be mean to you. I've been broke before, but I learned my lesson. Consequently, I have not opened a credit account of any kind since 2002. I pay cash for everything (even cars) b/c I live on less than I make & save for big purchases & emergencies. You should try it. My freaking house is almost paid for, & I have so much peace about my finances that it scares all my broke relatives. I use Dave Ramsey's "Total Money Makeover". At least grab a copy from your local library or bookstore & read it before you go off thinking that you need "good credit" to have a good life.

Answer 5

If you are continuously searching for best credit card, I am afraid you are going to fail. Not because there not enough credit cards which you can apply. But thing is that different card comes with different facilities and you will need to chose your credit card from them. You may not get all the features that you are wanting. However you should opt for that one which is offering maximum features as per your requirement.

Answer 6

If you already have two, why would you want another. You can build your credit with the ones you have. But, if you must have another? Try Orchard bank.