topic Re: Which card should we try for? in Credit Cards

Which card should we try for?

Anonymous — Tue, 23 Nov 2010 20:34:37 GMT

We are trying to build our credit and as of right now have No Revolving accounts at all.

My husband's scores are 598-Equifax 572-Experian and 618-Transunion

0 Neg Accounts 0 Neg Accounts 2 neg accounts (same account is being reported twice by 2 different CA both with a balance)

1 Collection 1 Collection 0 Collection

Mine are 510 Equifax 614-Experian and 524-Transunion

2 Neg 0 neg 3 neg

4 Collections 1 collection 0 collection

(All paid medical)

Is there any card we could apply for and be approved?

Re: Which card should we try for?

Anonymous — Tue, 23 Nov 2010 20:56:36 GMT

IMO I would start off with a secured card and build some positive history, since predominately you both have negative histories. Public Savings would be a good choice since it will open a secured revolving account and will not check your CR's.

Other possibile secured cards which will check your CR's

CU (Credit Union)

Orchard

Citi

BoA

First Premier

Cap One

This is just a short list but can get you started on looking at your options.

Good Luck

Re: Which card should we try for?

Anonymous — Tue, 23 Nov 2010 21:12:48 GMT

Hi murphysmommy,

+1 to JM-AM's post.

While you're checking out cards (good move, btw), look at your options for cleaning up your reports. That'll help a lot. And a lot of us have been in a position where we needed to do that, so you'll get lots of helpful info.

On the Rebuilding Your Credit forum, you'll find "What Steps Do I Take?" and lots of other good info.

Re: Which card should we try for?

Anonymous — Wed, 24 Nov 2010 01:28:55 GMT

You should probably each get a secured card as individual accounts.

Credit Unions are usually good. Among the banks, I would start with Captial One or Orchard, if they deny then Public Savings Bank.