whats the best creidt card to rebuild your credit with?

Question

like to find a good card to rebuild my credit with

Answer 1

You can find a complete list of credit cards to help rebuild your credit here:

http://www.asapcreditcard.com/poor-credit.html

Although these offers tend to have higher interest rates (and additional fees) when compared to 'standard' credit cards, they'll give you the opportunity to build and improve your credit score over time. Eventually, with regular on-time payments-- you'll be able to qualify for better offers with lower APR's and less fees. But for now, these are your options...

Hope this helps. GOOD LUCK!

Answer 2

First of all, you need to learn how to not live on credit. Secondly, if you think you've learned your lesson, you can go to your bank or credit union and apply for a secured credit card. You put money in an account and the card is backed up by that account. If you don't pay it, the bank keeps your money. You can then charge a little to it each month, perhaps for a utility that you need to pay anyway so you don't overspend. This gets reported to the credit bureaus as a positive payment history. After a while, usually a year or two, they may convert it to an unsecured card and perhaps raise your limit. Save money for the things you want and live below your means. Don't charge things to credit cards that you don't need. If you want to build history with cards, charge utilities to them, don't use them for every day shopping.

Answer 3

Prepaid or debit cards:

These are the easiest option available for bad credit people. There are no verifications, no credit checks, no employment requirements, and the approval is instant. All they have to do is to deposit a money and a prepaid card is issued. This card has the borrowing or buying capacity equivalent to the funds deposited. The good thing with prepaid credit card is that it promotes financial discipline. Some prepaid card issuers report to various credit rating agencies, thus it helps in rebuilding your credit history. Apply online at: http://www.credit-card-gallery.com/PrePaid_Card.html

Answer 4

orchard bank also has a "card selector" link on their website that will recommend to you which card you will most likely be approved for. by filling out the information they will pull a "soft" inquiry on your credit report. This is NOT a hard inquiry which other creditors can see and possibly lower your score. if you are offered an unsecured (no deposit) credit card. this would be a great start. if they offer a secured (deposit equals credit limit) then i would first do some research into other secured cards also before making a commitment to orchard bank. you may want to ask your financial institution who you do your local banking with if they offer a secured card.

Answer 5

Buy or take out a copy of Dave Ramsey's 'Financial Peace'.
One of the first things he teaches is 'NO CREDIT CARDS!'
You can qualify for a 15 year loan if:
1] you have paid your rent on time for two years
2] you have been in the same career field for two years
3] you have a good down payment]
4] you have no other credit
5] it's not too big a loan [ outside your salary's level ]
If you can't find Ramsey's book, try
Larry Burkett
Suze Ormon
READ one or all before doing any financial moves.

Answer 6

That would have to be the Orchard bank card. It reports to credit bureaus to help rebuild your credit.

Answer 7

The best card I ever had is the Discover Card you can apply here to get yours:http://www.financeconsultant.org/discovercard.html

Answer 8

Orchard bank credit card, go apply right now and get you will more than likely get it.

Answer 9

I have to say Orchard Bank. They helped me get back on track. They will come up with yearly charges / opening charges, but they are worth it. But even if you don't go with them, make sure whoever you go with reports to all three bureaus.

Answer 10

get your self an greendot visa perpaid you will start to rebuild your credit by controling your money