@Anonymous wrote:I am starting from ground zero as I have no credit history. Very severe defaults in the past. FTB tax lien for 10K, missed child support payments $10K. Was homeless for two years when the defaults took place. Found a job and paid off all debts. Nothing outstanding, no credit cards. I have one debit card and managed to save $10K. Credit Karma shows a $516 loan per month which is my child support and I am auto paying the child support now. Chances of any further defaulting on child support or payments is little to none as I am getting situated well.
MyFICO does not show me any scores. Credit Karma shows TU score of 661.I am looking to start my FIRST credit account and am shopping for a secured credit card which I think is the right thing unless the community/experts think otherwise.
My question is - With so many vendors for credit cards, how do I decide on which card to apply for ?
Welcome to the boards. The best piece of advice that I could give is to research every move your going to make before you do it. I know when I started out I was apping for cards that I had no shot at and taking unneccesary hard pulls. These HPs made subsequent apps tougher. If I had asked beforehand people would have told me my approval chances were not that great. Granted those were minor setbacks, but the point is they were completely unneccesarry. Also, I would recommend building up slowly and methodically. I didn't go the secured card route, but what I would suggest is looking for secured cards where the cards will later on convert into unsecured cards. This way you can lay the foundation for your AAoAs from the start.
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