My scores are in mid 500's possibly more now that I have had some accts deleted most of my bad credit is medical, I have 1 acct that is 4 months old never late, spiegel acct closed but paying as agreed, and a cap 1 card took that pay off debt while earning major card deal anyway CA pulled acct but in 4 months time never late, what cc can I get, and with what kind of limit?
Bias, If I understand your question correctly, you're wondering what cards you can qualify for with a mid 500 score. I'm a big proponent of NOT applying for anything until you've driven your score up to at least 680. This is one of the cut-offs that puts you into an area where you'd probably be accepted. With a score of mid 500, I think you have some work to do before you apply for anything. Sorry I couldn't be more encouraging.
Well, for sure the bar has been raised in terms of credit scores to get cards. However, there are lenders that cater to people under 600, but you will pay for it and that is expected. The investment is worth it however, because after 12 months, you'll be above 600 and have good chance to get GM card ort Orchard. I disagree a little with Butch however, I would start applying for decent cards at about 660. 680 is where the likes of MBNA and AMEX start coming into the picture.
