Her score on CreditKarma was 605. Tried doing the free annual credit report, but she's gonna have to call them as the system glitched on her.
She has 6 collections accounts. She has 2 cards showing on her report $550 limit with $0 balance, $100 limit with $0 balance, but has no idea who they are with but they are from 2002. Also has 2 accounts showing late within last 4 years..
Was trying to find a non-secured card for her to garden to help her re-establish a postive credit history. Any suggestions of what she should do?
With a 605 score she has a very limited pool of lenders to choose from. She might want to app for a Cap1 Classic Platinum (The one with the $39 AF.) If she is not approved or denied, they sometimes come back with a $99/$500 offer. That's where she must put down a $99 deposit to get a card with a $500 CL. (Make sure she has the $99 in the bank and her check book ready when she apps for this card.)
If she is denied for the Cap1 card her only other option is to get a secured card. Cap1's secured cards are also pretty good to get her back into the credit world.
I would definitely keep far away from apping for First Premier or Care 1. They will actually hurt her credit in the long run.
Once her scores hit 640 she should apply for a Walmart card.