Credit Cards
Credit Bad? Repair here! [K] [i] [n]
Doug Ross (Kindle Edition) drdougwrites 2011-01-17
Release date: 2011-01-17
Price:
$6.99
Answers
I want a secured card because I just graduated college and just started working. I would like to start building some credit w/out paying outrageous fees.
Applied Bank sounds pretty good so far. I don't mind paying a reasonable annual fee if I don't have to pay a super high APR (you know, in case of an emergency of default or something for whatever reason).
I'm just wanting to know what I should watch out for!
Thanks!!! =)
Yes
stay FAR away from Applied Bank
try
National City
US Bank
Citibank (good choice)
Bank of America
Wells Fargo
securedcardstore.com Need an easy approval for a bank secured card? Been looking for a secured visa card to help improve your credit score? A Visa ...
Ive been reading that you should have 2 credit cards reporting for you credit score to go up. But would 1 secured card from my bank help my score at all?
Yes, just make sure that the credit card company reports to all three major credit bureaus.
Price: $29.95
I was discharged in bankruptcy 3 years ago and would like to start improving my credit score with a secured credit card. My bank does not offer this service. I am looking for somthing with no annual fee. any suggestions?
Bank of America
National City
Orchard Bank
Citibank
US Bank
VERY doubtful you will find anyone that issues a secured card with no annual fee
Should i get a Citi Secured card or an Orchard Bank Secured Card and why?
They both seem to have about the same rates and all to me, so let me know what you think.
Thanks
I have had both cards. I would go with citi secured. The reason is because orchard bank has alot of fees. I believe a year ago when i had the card they charge you near $300 i believe then you have to pay down that balance. They have a long wait before your payments show up on account and their fees are high. The Orchard Bank card doesn't turn into a regular card after 12 or 18 months. Citi Secured is straight forward. You mail them your deposit they hold it in a CD with interest. Your only pay an annual fee of $29. I forgot what Orchard Bank annual fee was but it was higher. Also Citi Bank apr is 13.24% variable. Form experience Citi bank is a better choice then Orchard Bank. Please read the fine print Terms and Conditions on both and compare.
i'd like to rebuild my credit. is there a good bank or credit union (perhaps an online bank) where i can have a secured credit card to help build my credit? most of my debt is from 6 years ago. thanks!
You don't have to get a secured credit card. There are other options. Some banks offer cards for people with bad credit so they can build their credit. Maybe the site below can help you find right cards for you. Good luck!
Will It Help My Credit Score To Finance A Car And To Pay It Off ...
I am trying to build credit so that my husband and I can get a homeloan. I am used to live within my means and to save until I can afford to buy what I need. I have enough money to buy a car in cash. But would it be better to finance it and pay it off immediately? Or would I have to pay off the entire loan (incl. interest) in order to boost my credit rating? I’m going to assume from your comment that you don’t have credit right now because you purchase everything in cash, right? I did that when I was young. Paid cash for my car and did’t have a card. Had $20,000 in the bank to put down for a mortgage. They wanted to refuse my loan because I didn’t have a credit...
News
How to Get a Canadian Secured Credit CardNewsReleaseWire.com (press release) - Oct 23, 2009
Simply put, you back your credit card with a bank account so the bank knows defaulting on a payment is not possible. If you make your payments in good faith and more »Auto Credit Express (blog) - Oct 24, 2009
By applying for and using a credit card correctly, you can reestablish your revolving credit. A secured credit card is the easiest type of card to get for and more »Reuters - Oct 23, 2009
Earthtimes (press release)Credit quality is discussed in more detail elsewhere in this release. * A higher net interest margin. The margin rose to 3.23%, which was 7 basis points OceanFirst Financial Corp. Announces Increased Quarterly Earnings and First Commonwealth Announces Third Quarter 2009 Financial ResultsCapital Bank Announces Strong Third Quarter 2009 Financial Resultsall 742 news articles »
Wall Street Journal - Oct 23, 2009
To get that rating, Mr. Darbouze secured loans and credit cards from local gas stations and companies such as Home Depot and Dell, and consistently paid and more »SEO Press Releases™ (press release) - Oct 13, 2009
A New Millennium Bank secured credit card will give you a new line on your credit report called a “Trade Line”. These Trade Lines can improve your credit in and more »
Minneapolis Star Tribune - Oct 18, 2009
My final suggestion is she could take out a "secured" credit card. She'll open up a special savings account with a bank that issues the card. and more »National - Oct 25, 2009
Mr Fisher planned his escape before defaulting on the credit card payments to the Royal Bank of Scotland (RBS) to which he was due to start a revised and more »