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?
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.
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.
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.
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!
Ok where can I find that number?
You can find the thread here