I'm trying to get a credit card to build my credit back up....and I have really bad credit....what credit card can I apply for, and get accepted?
2007-12-06 08:32:51 · 9 answers · asked by kevin77794 3 in Business & Finance ➔ Credit
You investigate and see who will allow you to have a credit card that has a 50.00 dollar limit at first. You will have to put 50.00 dollars down in order to use this card. I think it may be called a secured credit card.
There are places that will help you get back in shape.
My son has done it twice.. He seems to need to learn the lesson again . but they will help you begin...
2007-12-06 08:59:41 · answer #1 · answered by Linda S 6 · 0⤊ 0⤋
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.
2007-12-06 09:04:45 · answer #2 · answered by Tracker 6 · 0⤊ 0⤋
I highly doubt that to get your credit back the solution is to get another credit card. I think the solution is to first pay off all your debts. Get some credit by paying your bills on time. Credit cards should be the last thing on your mind when you have bad credit.
2007-12-06 08:40:36 · answer #3 · answered by graduate student 3 · 2⤊ 0⤋
My guess is that credit cards is what ruined your credit in the first place. Getting another one will only make matters worse, pay off what you owe first
2007-12-06 10:28:02 · answer #4 · answered by Pengy 7 · 0⤊ 0⤋
check out www.fastcreditcardapprovals.com here you will be able to compare all major credit cards side by side on rates and rewards. GOOD, BAD OR NO CREDIT they have the right card for you.
2007-12-06 09:59:21 · answer #5 · answered by GTW 3 · 0⤊ 0⤋
Send me a e-mail and I will give you a site that I used. Guaranteed 5 - 10k credit line and reports to all three bureaus
ryan@robertscreditgroup.com
I also use a site called credit keeper.com to track my credit and make sure I'm doing the right things.
2007-12-06 09:28:32 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Why don't you pay off your debts and leave the credit cards alone?
You an only get prepaid cards, which doesn't do you much good anyway.
2007-12-06 08:37:31 · answer #7 · answered by sofisintown 3 · 2⤊ 0⤋
Try orchard bank they deal with people with bad credit
2007-12-06 08:44:48 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Try orchard bank
2007-12-06 08:45:55 · answer #9 · answered by shorty21 5 · 0⤊ 2⤋