What Type Of Credit Card Can I Apply For And Get Approved With Current Bad Credit To Start Rebuilding?
Posted by admin on November 7th, 2009 at 04:54am
Im currently disputing a lot of derrogatory info on my credit reports from all 3 agencies. I currently have no major credit cards and was informed that if I opened a credit card account and made the payments on time that would up my credit score.
Tags: Apply, Approved, Card, Credit, Current, Rebuilding, Start, Type
Under Credit
6 Comments for What Type Of Credit Card Can I Apply For And Get Approved With Current Bad Credit To Start Rebuilding?
1. Reality Check | November 7th, 2009 at 5:02 am
If you’re just looking to improve your credit, your best bet is to go with a secured credit card. This is kind of like a bank account that your credit limit is whatever amount of money you send them. There’s usually a minimum though. You basically pay ahead of time, use that credit, and repay it. Once you’ve done that for a good 3-6 months, you may start to see good offers for unsecured credit cards rolling in.
2. latecode | November 7th, 2009 at 5:25 am
You should open a secured credit card through your bank for 1 year. After this your credit will be much better.
3. Mrs. E | November 7th, 2009 at 5:34 am
Secured credit card would be your best bet. This will report to all 3 bureaus as a credit card, and will get you back into good habits of spending money on plastic. An unsecured credit card in the hands of someone with bad credit trying to rebuild, isn’t always the best thing. A secured credit card is issued by many major banks.
I would recommend the Bank Of America Secured VISA. You can start with as little as $300 on it, and continue to deposit money to the card. This will build your credit immensely. After 6 months of responsible use with this card, you score will likely have improved, as well as your financial responsibility, and you can then look into getting a “starter” unsecured credit card.
4. leigh | November 7th, 2009 at 6:18 am
Try VANQUIS or BARCLAYCARD or CAPITOL ONE- they give cards to bad credit people. Low limit and high interest but pay on time and it rebuilds your credit xx
5. ajeff | November 7th, 2009 at 6:41 am
orchard bank card ..but it will probably be a 300.00 limit…first premier bank will give you a higher limit..and its do able..good luck
6. owcsun | November 7th, 2009 at 7:19 am
Captial one help you build your credit rating up but APR high if you don’t pay balance off.
Leave a Comment for What Type Of Credit Card Can I Apply For And Get Approved With Current Bad Credit To Start Rebuilding?
Trackback this post | Subscribe to the comments via RSS Feed