Reply
New Visitor
Miah420
Posts: 7
Registered: ‎03-06-2011
0

Advice on a good starter credit card

[ Edited ]

hey all.

 

Just wondering if anyone had any advice or ideas that would help, I'm looking to get my first credit card and I need to know if anyone can recommend a good starter card.  Not heavy on fees and of course, low rate as possible.   Thanks  in advance!

Epic Contributor
Creditaddict
Posts: 22,116
Registered: ‎10-23-2007
0

Re: Advice on a good starter credit card

Do you have a credit score?

If so Citi Forward.

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
New Visitor
Miah420
Posts: 7
Registered: ‎03-06-2011
0

Re: Advice on a good starter credit card

yes it is 596

Epic Contributor
Creditaddict
Posts: 22,116
Registered: ‎10-23-2007
0

Re: Advice on a good starter credit card

oh, what's making it so low?

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
New Visitor
Miah420
Posts: 7
Registered: ‎03-06-2011
0

Re: Advice on a good starter credit card

mostly a short credit history.  Only 4 years.  and of course no revolving credit accounts.. hence the desired info.  :smileyhappy:

Epic Contributor
Creditaddict
Posts: 22,116
Registered: ‎10-23-2007
0

Re: Advice on a good starter credit card

4 years isn't really all that short.

What is reporting on it for good and for bad.

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
66 Cards and Counting :smileytongue:
New Visitor
Miah420
Posts: 7
Registered: ‎03-06-2011
0

Re: Advice on a good starter credit card

for good,   "no serious delinquincy"    for bad  "lack of revolving credit"  "1 collection on record for $543"  (paid)  "missed payments or derogatory statements"  (3, 30 days late payments on a car ive been paying on since july 07)  and "short credit history"

Moderator
MarineVietVet
Posts: 14,967
Registered: ‎07-14-2009
0

Re: Advice on a good starter credit card


Miah420 wrote:

yes it is 596


Hi there. May I ask where you got your score? Is it a FICO score?

 

 

 

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

New Visitor
Miah420
Posts: 7
Registered: ‎03-06-2011
0

Re: Advice on a good starter credit card

Yes it is from Fico

Moderator Emerita
LilMirth
Posts: 3,091
Registered: ‎08-09-2008
0

Re: Advice on a good starter credit card


Miah420 wrote:

for good,   "no serious delinquincy"    for bad  "lack of revolving credit"  "1 collection on record for $543"  (paid)  "missed payments or derogatory statements"  (3, 30 days late payments on a car ive been paying on since july 07)  and "short credit history"


How recent are the 30 day lates? How recently was the collection paid?

-------------------------------------------


Friendly, Supportive & Respectful


Understanding Your FICO Score  |  Credit Scoring 101  |  Common Abbreviations  |  FTC: FCRA Links  |  FTC: FDCPA Links  |  Opt-Out  |  State Resources


"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}