02-23-2009 05:22 PM
02-23-2009 07:03 PM
02-23-2009 10:23 PM
02-24-2009 09:49 AM
if denied go with hsbc\ orchard and try again in 6 months.
Hotsaka has it right. Orchard approved me for their secured product when Citi denied me for a secured card when I started building credit. I have no complaints about Orchard, they have been easy to make payments on and do not report as secured on the credit reports. You can pay them online, and it is free to do so. (Some banks and CC's charge to make online payments.)
Only bad thing about Orchard is it might take forever to unsecure.
02-25-2009 10:48 PM
Hmmm, I was gonna do the Orchard bank card for him but there might be a problem... On his credit report he has a collection listed from best buy that says HSBC/best buy. Is it the same thing? If so I bet they wouldn't approve him for the card considering he owes them money. I'm confused tho, cuz the card was a best buy card. I dunno, should I try it or not?
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.