07-31-2009 08:36 AM
07-31-2009 09:11 AM
07-31-2009 09:28 AM
07-31-2009 09:31 AM
Yeah, I've looked. I don't belong to, or work for a qualifying organization. I'm also not interested in setting up yet another account just to cross my fingers and hope they approve me for a credit card. It just seems pointless and annoying.
Would a denial or a small credit limit from a bank be less so?
07-31-2009 09:37 AM
07-31-2009 09:48 AM - edited 07-31-2009 09:49 AM
I agree with creditwherecreditisdue that the best route would be a CU. You can join many CUs by joining a participating organization (i.e. PTA).
However, if you're not interested, try something like the CITI Forward card which is marketed to people with new or limited credit. Go to CITI's website and check it out.
07-31-2009 09:54 AM
I didn't mean to be snarky, it's just that I've spent hours and hours looking at CU's and could never find one that I was eligible to join for whatever reason and so I gave up. It's obviously not a route I can take.
many of the CU's discussed on this board have "open" membership to people who subscribe or are members to some specific dues paying organization particular to each CU.
For a one time one, one year fee, you gain membership eligibility to a CU and you are not required to stay a member to that qualifying organization once you establish the CU account.
Since you have a thin file with no real monthly debt payments a CU like ALLIANT can be much more friendly to you.
occasionally you have to pay to play.
07-31-2009 09:56 AM
My checking/savings are with Citi and I've read on these forums that they won't approve you unless you have 3 cards that have been open more than a year and I only have 2.
I don't know if that is an underwriting requirement. The Forward is targeted for people who basically want a student card but aren't students.
Any major bank in this environment will be difficult, which is why I would suggest a card designed for credit beginners.
BTW, if you have a CITI savings/checking, go to the branch, discuss your situation with the manager, and ask him/her for their opinion.
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