Reply
Established Member
Posts: 19
Registered: ‎05-01-2012
0

Help easy credit card

My dad wants to rebuild his credit but he has horrible credit he just got approved for capital one rebuilder  with 300 dollars what other credit cards can he get approved for? Any help please andit he limits don't matter. Or annual fees.

Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
0

Re: Help easy credit card

Good for him to get 2 more cards.  Limits don't matter.  He just needs the tradelines.  Can he afford to do the secured card route?  Lots of choices there.  Any idea what his scores look like?

               LIMITS IN CARD DESCRIPTIONS
Established Contributor
Posts: 657
Registered: ‎06-27-2012
0

Re: Help easy credit card

Agree, credit union even.

 

BOA: 8.9k
CSP: 5k
Discover: 5k
Citi TY Preferd: 5k
Wally: 5k
JCP: 4.9k
citiForward: 4.7k
ChaseFreedom: 4.5k
DFS: 2k
Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
0

Re: Help easy credit card

Credit union cards rock!

               LIMITS IN CARD DESCRIPTIONS
Valued Contributor
Posts: 1,919
Registered: ‎06-21-2012
0

Re: Help easy credit card

If he's military chances are he can join NFCU and instantly be approved for a rewards card with a $25k limit.

| Walmart $5k | Amazon $5k | NFCU $20k | NLOC $15k | Lowes $17k | BoA $15k | Freedom $3k | IT $5.25k | CSP $5k | Marriott $5k | AMEX TE $18k | Alaska $5k |
Starting Scores: EQ:571 EX:??? TU:597
Current Scores: EQ:694 EX:714 TU:711
Goal Scores: 700
across the board
Moderator Emeritus
Posts: 10,859
Registered: ‎12-30-2011
0

Re: Help easy credit card


j_casteel wrote:

If he's military chances are he can join NFCU and instantly be approved for a rewards card with a $25k limit.


OK that's a little tongue-in-cheek I think? :catwink:

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 683, EQ 8 690, TU 710, EX 715 (01/01/15)
Goal Score: 700 on EQ 04 (01/01/16)


Take the myFICO Fitness Challenge
Regular Contributor
Posts: 123
Registered: ‎07-22-2012
0

Re: Help easy credit card

what rewards does the NFCU reward card give you? I don't see the terms on their webpage.

Jun 2012 FICO® ~ 734 EQ
Sep 2012 FICO® ~ 684 EQ; 734 TU
Oct 2012 FICO® ~ TBA

Goal for 2014 ~760+

Trying to stay in the garden...but also trying to get as many apps as possible for now :smileywink:
Moderator Emeritus
Posts: 10,859
Registered: ‎12-30-2011
0

Re: Help easy credit card


SportBike4Life wrote:

what rewards does the NFCU reward card give you? I don't see the terms on their webpage.


Google for NFCU nRewards; however, I think for the entry-level it's the usual 1 point per $1 spend.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 683, EQ 8 690, TU 710, EX 715 (01/01/15)
Goal Score: 700 on EQ 04 (01/01/16)


Take the myFICO Fitness Challenge
Established Contributor
Posts: 930
Registered: ‎07-30-2011
0

Re: Help easy credit card

[ Edited ]

The best choice, as others have posted, is a secured credit card, preferably with a credit union to get the best interest rate.  Among bank cards, Orchard Bank was good to me while I was rebuilding ($79 AF).  Best Buy Reward Zone Mastercard was helpful too, and actually provided rewards, which is unusual in a rebuilder ($59 AF).  I'd stay away from Credit One, because they charge daily residuals without a grace period and charge a monthly fee.  I'd also avoid First Premier like the plague, because they are just insane with their fees and interest rates.


Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800

Take the FICO Fitness Challenge
Contributor
Posts: 221
Registered: ‎07-11-2012
0

Re: Help easy credit card

Avoid Continental Finance.  30% APR, $75 AF, $12 monthly fee and 25 cent per transaction fee.  NICE!!

 

Go to the local credit union and pull a secured card.  Build the limit to a nice $2k or better and you'll be good.

Starting scores: EQ 420, EX 421, TU 405 (Jan 2011)
Bk Ch 7 Discharged Mar 2011
Current scores: EQ 456, EX 534, TU 411 (Aug 2012) FICO (8/2012 -- EQ 564, EX 584 (from BofA) TU 551)
Goal scores: EQ 700+, EX 700+, TU 700+

Credit accounts: 30% APR auto loan (Jan 2012), Secured [CapOne (3K), PNC (1300), NFCU (1K), Coke (2500)] and Target (200)

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.