Separate names with a comma.
Discussion in 'Credit Talk' started by MammaJ, Jan 1, 2010.
Barclaycard Ring™ Mastercard®
No annual fee, No balance transfer fees, No foreign transaction fees, Low interest!
CREDIT CARD WITH NO ANNUAL FEEBarclaycard Ring™ Mastercard®
Credit One Unsecured Visa®for Rebuilding Credit
Credit card for people with bad credit to rebuild credit!
BAD CREDIT CREDIT CARDCredit One Bank® Rebuild Credit
First Access VISA® Credit Card
Access to credit even with bad or limited credit! Reports to 3 major credit bureaus and accepted wherever you see the Visa® sign. Get application response in 60 seconds.
CREDIT CARD FOR BAD CREDITFirst Access VISA®
Green Dot primor® Visa®Classic Secured Credit Card
Credit lines available up to $5,000! Reports to three national credit bureaus; perfect card for reestablishing credit.
SECURED CARD FOR REBUILDING CREDITprimor Secured Visa Classic
Credit One Bank® Unsecured Visa® with Cash Back Rewards
Get cash back on every purchase. Unsecured credit card with monthly monitoring for credit line increases. Improve your credit history with responsible use.
CASH BACK UNSECURED VISACredit One Bank
You might have to wait a bit longer than 2-3 months to get your scores where you'll need them to be in order to secure a home loan. Lending requirements are really strict right now, and they're still getting tighter!
Have you thought about getting a close relative or friend to add you as an authorized user on one of their accounts in good standing as well? That should give a nice boost to your credit scores too.
Anyway...yes, you will want to show your lender that you have a proven track record of responsibly handling a variety of credit. A student credit card is a great way to get started, and the Discover Clear card is one of the best on the market right now. There's no annual fee and you can get up to 5% cash back on necessities like gas and food. You might also want to check out the Citi Forward card, which is another great student card that will reward you for paying your bills on time and staying within your credit limit.
Remember, whatever card you get, use it sparingly (keep your utilization at 10% or less) and always pay your monthly balance in full! Good luck!
Actually, I did some reading about the chances of approval for the Discover Clear student card and it seems that it is extremely unlikely that I would be approved with credit scores in the low 600s. Does anyone else have any other insight on this?
There's still a chance you could be approved for the Discover Clear with a score in the low 600s, but you're right- it's a toss up. If you're worried about your scores, you might want to check out some secured credit card options or some of the First Premier and Orchard Bank cards as well.