topic Re: Advice on a good starter credit card in Credit Cards

Advice on a good starter credit card

Anonymous — Mon, 07 Mar 2011 00:07:40 GMT

hey all.

Just wondering if anyone had any advice or ideas that would help, I'm looking to get my first credit card and I need to know if anyone can recommend a good starter card. Not heavy on fees and of course, low rate as possible. Thanks in advance!

Re: Advice on a good starter credit card

Creditaddict — Mon, 07 Mar 2011 00:07:32 GMT

Do you have a credit score?

If so Citi Forward.

Re: Advice on a good starter credit card

Anonymous — Mon, 07 Mar 2011 00:08:18 GMT

yes it is 596

Re: Advice on a good starter credit card

Creditaddict — Mon, 07 Mar 2011 00:09:01 GMT

oh, what's making it so low?

Re: Advice on a good starter credit card

Anonymous — Mon, 07 Mar 2011 00:11:05 GMT

mostly a short credit history. Only 4 years. and of course no revolving credit accounts.. hence the desired info.

Re: Advice on a good starter credit card

Creditaddict — Mon, 07 Mar 2011 00:11:58 GMT

4 years isn't really all that short.

What is reporting on it for good and for bad.

Re: Advice on a good starter credit card

Anonymous — Mon, 07 Mar 2011 00:15:58 GMT

for good, "no serious delinquincy" for bad "lack of revolving credit" "1 collection on record for $543" (paid) "missed payments or derogatory statements" (3, 30 days late payments on a car ive been paying on since july 07) and "short credit history"

Re: Advice on a good starter credit card

MarineVietVet — Mon, 07 Mar 2011 03:24:14 GMT

@Anonymous wrote:
yes it is 596

Hi there. May I ask where you got your score? Is it a FICO score?

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Re: Advice on a good starter credit card

Anonymous — Mon, 07 Mar 2011 18:05:36 GMT

Yes it is from Fico

Re: Advice on a good starter credit card

Anonymous — Mon, 07 Mar 2011 18:16:28 GMT

@Anonymous wrote:
for good, "no serious delinquincy" for bad "lack of revolving credit" "1 collection on record for $543" (paid) "missed payments or derogatory statements" (3, 30 days late payments on a car ive been paying on since july 07) and "short credit history"

How recent are the 30 day lates? How recently was the collection paid?

Re: Advice on a good starter credit card

MarineVietVet — Mon, 07 Mar 2011 18:35:57 GMT

@Anonymous wrote:
Yes it is from Fico

It is TU (Transunion) or EQ (Equifax)? And you bought it here at myFICO?

These might seem like silly questions but many sites will sell you a "credit score" but it's not a FICO score.

Re: Advice on a good starter credit card

Anonymous — Tue, 08 Mar 2011 22:31:05 GMT

the 30 day lates are all in 2009, during the summer. The collections account was in 2005.

Re: Advice on a good starter credit card

Anonymous — Tue, 08 Mar 2011 22:32:07 GMT

yes i bought it here from myFico

Re: Advice on a good starter credit card

vish1 — Tue, 08 Mar 2011 22:46:35 GMT

IMO, with no other revolving account and a lot of baddies, you may not find it easy to get citiforward card or any other prime card.

I would try cap 1 pre approval or a local CU for now.

Re: Advice on a good starter credit card

JayRizzo — Wed, 09 Mar 2011 01:32:11 GMT

Exactly as Vish1 stated!

Re: Advice on a good starter credit card

scottwagnon — Wed, 09 Mar 2011 02:27:31 GMT

gas cards!

Re: Advice on a good starter credit card

mahendra82 — Wed, 09 Mar 2011 05:30:20 GMT

Try amazon.