No need to be terrified of them... With your scores, stick it out with them for 6 months and charge only the bare minimum a month on the card. After 6 months go with a better lender.
Current (8/2015): Equifax 688, Transunion 689, Experian 708Its crazy how they can get ya!
I almost apped for them before I became a part of these forums.
They sent nice packaging and a credit limit up to $1500! Before I worked in finance and started to learn about credit I would have never know how bad that is. Espically when they are sending it to me. I have scores in the 750s. lol No thanks.
Get out asap and get a cap one secured 
As others have mentioned, Credit One isn't THAT scary so long as you manage your account properly.
I have no interest in secured cards. Credit One gave me a $1500 limit fresh out of Chapter 7 discharge. I'll baby this account and am hoping to get Cap One cards after 6 months of good history. (I know others that have burned them badly often get them right after discharge, but I want to wait for better chances/better limits.) I'll cancel before the annual fee rolls around again. So I think the $75 first year annual fee will be well worth it.
A trick I've found is to pay Credit One through your bank's online bill pay. Payment posted and was available in 2 days with no fees 
@Anonymous wrote:As others have mentioned, Credit One isn't THAT scary so long as you manage your account properly.
I have no interest in secured cards. Credit One gave me a $1500 limit fresh out of Chapter 7 discharge. I'll baby this account and am hoping to get Cap One cards after 6 months of good history. (I know others that have burned them badly often get them right after discharge, but I want to wait for better chances/better limits.) I'll cancel before the annual fee rolls around again. So I think the $75 first year annual fee will be well worth it.
A trick I've found is to pay Credit One through your bank's online bill pay. Payment posted and was available in 2 days with no fees
OMG I seriously love you. I never thought to do that. I agree with you about them not being THAT scary. Scary is having a credit card through Applied Bank... the stress of closing that card was killer.
I got this card 9 years ago and had to keep it because my credit was never good enough for better cards. My ditzy brain couldn't keep up with paying my student loans on time or keeping up with their status. Thanks to the power of technology, I buckled down and got my loans straightened out. Also due to a good payment history and paying down my Credit One card, I was able to qualify for Cap One and Chase freedom. I hate the monthly fee that Credit One has and I don't want to close it due to AAoA and my payment history with them being so good. As my score goes up to a comfortable place I think I will do it, but not right now and your trick will save me from paying a minimum interest charge. It's only 1.00 but its still my money.
My problem was I went solely off the prequal for CapitalOne when I got denied that I thought CreditOne was my only option. I got approved for QuicksilverOne and Platinum unsecured right after.
I made a quick call to CreditOne, you can cancel the application before it gets processed to avoid them sending the card. Ill still get the hard check but things are all good.
I have two unsecured Capital One cards now.
2 weeks outta discharge. Im happy.
I made a quick call to CreditOne, you can cancel the application before it gets processed to avoid them sending the card. Ill still get the hard check but things are all good.
I have two unsecured Capital One cards now.
2 weeks outta discharge. Im happy.
I have 2 card from them after and I always Pif but still you have to pay interest. However this card had help me to build my credit today I'm close to 700 after app spree for 12 K so if you have limited credit you can take it but pay every day whatever you charge.
Only if you don't have at least 3 credit card.
Only if you don't have at least 3 credit card.
Starting Score: 640