04-19-2009 09:10 AM
I am needing to start establishing some new accounts. I currently have nothing except a au capital one account that shows on my transunion and experian accounts. I am considering Bank of Americas secured account but was wondering if anyone knows who is easy to get credit with and who does a soft pull on credit versus the hard pull. I just had 9 inquiries removed from my credit so don't want to defeat the purpose of all my hard work.
I have been looking into target or macy's? any suggestions. I do not want to open a first premier or orchard. I had bad luck with them before and the fees they are charge are ridiculous. thanks.
04-19-2009 09:14 AM
I got a Macy's but they do a hard pull. I have an Orchard and only had to pay $39 up front. There are no fees associated with the account.
The only other ones I know of have horrendous fees.
04-19-2009 09:24 AM - edited 04-19-2009 09:25 AM
I have a credit one card with small fees. (about 6.50/mo) It was a hard pull, but worth it. Started with a $350. limit about 10/05 & now have a $750. limit. I keep the balance very low...the % rate is 24
Great card to establish or slowly fix credit tho & they give you nice steady increases over time, which is good for your util! I just buy stuff now & then to keep it active & in good standing.
04-19-2009 09:40 AM
04-19-2009 10:16 AM
that sound like a decent card, unlike some of the scams out there. I will give them a try. What was your score when you orginally applied and how many negatives did you have on your credit? thanks.
04-19-2009 10:44 AM
DM, you might want to try BofA's pre-app page on their website - it's a soft pull to see what they offer you, but a hard one if you go ahead and apply; occasionally they pull more than one CR, but they're a prime lender and (IMO) worth the hard inq(s).
Even if they don't pre-approve you for any of their unsecured cards, you may well get the counter-offer of their 99/500 partially secured card, which generally will unsecure in about 9 months.
If you don't get that counter-offer, their secured cards seem to be well thought of on here, and they're a good way to go for building or rebuilding credit.