03-19-2013 09:40 AM
Im trying to rebuild my credit and I have a secured credit card right now. I would like to get another unsecured card if possible. I was approved for one today but with a 300 dollar limit, 36% interest and 95 dollar processing fee. Are there any credit cards that I could be approved with a score under 600?
03-19-2013 09:52 AM
03-19-2013 09:54 AM
First Premier, Credit One, and Applied Bank come to mind. Orchard Bank was one of the better ones, but you can't apply for it any more. When looking for a card try to get one with as few fees as possible. I suppose I lucked out with my Credit One card only having a $75 annual fee.
03-19-2013 09:55 AM
Yes 36%. I have one collection, 2 different accounts with a 30 day late payment. Alot of inquires. Ive had the card for 16 months now, it is through arvest bank. 500 secured card.
03-19-2013 10:00 AM
For rebuilding purposes, I would say give CreditOne Bank a shot. Keep it for a year and close it thereafter. Don't apply for more credit during that year, and you should be able to get a new decent card.
03-19-2013 10:05 AM
03-19-2013 10:20 AM
03-19-2013 10:28 AM
I just applied and was approved for Capitol one. I tried for a Walmart card but it said it would send a letter in 7-10 days and I read that this generally means not approved. What's wrong with Capitol one
I would call the backdoor number for walmart, the 7-10 day is not always a bad thing. It could be some conflicting info on your report (address, etc), so if I were you, I would get on that!
03-19-2013 10:36 AM
Ok where can I find that number?
You can find the thread here