@Dustink wrote:
@distantarray wrote:Oh I forgot to add in 1 year I went from being declined for a secured BOA card (yes my scores were that bad) with help of secured cards I've now recieved Amex BCP , Chase Sapphire, Navy Federal, and Chase Freedom card this month for a total of $30k in credit limits. So secured cards are sometimes the best ways to gain business. It shows you were responsible enough to save the deposits and make wise decisions. Atleast this shows you don't live paycheck to paycheck and couldn't spare a little extra cash (manual review)
Also it's been reported long time ago during a manual review that a person got turned down for a Amex and one of the reasons were "First Premier Bank" LOL
Haha, I don't see why people would be willing to pay those huge fee's instead of earning interest on a savings account.
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Hey no one's out there to teach you about secured credit cards, I was getting declined from everything, and you'd be surprised how NO ONE knows about secured cards actually. They really need to teach this stuff in high schools but I'm sure sub prime lenders would hire lobbists to stop it if ever attempted. on more than 1 occassion I walked into wal-mart and people getting declined for a walmart card and going HOW CAN I GET CREDIT? I CAN"T GET IT CAUSE I HAVE NO HISTORY, gettng frustrated. I had to tell them about secured cards.
@distantarray wrote:
@Dustink wrote:
@distantarray wrote:Oh I forgot to add in 1 year I went from being declined for a secured BOA card (yes my scores were that bad) with help of secured cards I've now recieved Amex BCP , Chase Sapphire, Navy Federal, and Chase Freedom card this month for a total of $30k in credit limits. So secured cards are sometimes the best ways to gain business. It shows you were responsible enough to save the deposits and make wise decisions. Atleast this shows you don't live paycheck to paycheck and couldn't spare a little extra cash (manual review)
Also it's been reported long time ago during a manual review that a person got turned down for a Amex and one of the reasons were "First Premier Bank" LOL
Haha, I don't see why people would be willing to pay those huge fee's instead of earning interest on a savings account.
Hey no one's out there to teach you about secured credit cards, I was getting declined from everything, and you'd be surprised how NO ONE knows about secured cards actually. They really need to teach this stuff in high schools but I'm sure sub prime lenders would hire lobbists to stop it if ever attempted. on more than 1 occassion I walked into wal-mart and people getting declined for a walmart card and going HOW CAN I GET CREDIT? I CAN"T GET IT CAUSE I HAVE NO HISTORY, gettng frustrated. I had to tell them about secured cards.
I just got lucky, my bank gave me a card when I had no credit. I thought I was going to have to go the secured card route, but I managed to avoid it. It is actually a bit harder to go from bad credit to good credit, than it is to go from no credit to good credit. That is why I am recommending a high limit secured card to you. But I think I layed out some other good options for you to try first.
