How can you repair bad credit card history?
It's never too late to repair your credit and heal your bad credit history. One place to start is to pay down your debt and stop using credit immediately.
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Is it possible to get a bad credit history from being denied a credit card because you did not have a credit history?
Answer . \nIt is possible that you will show a low credit score if you have no other loans, credit cards, etc. You have to have revolving accounts or other accounts to esta…blish credit. If you are having trouble getting a credit card you can try and get a secured credit card, or have a co-signer help sign with a application for credit.
Of course you can still have a credit card despite a bad credit history. There are companies who give people with bad credit history a chance to prove their integrity again. B…ut of course, there are requirements and at the same time, there may be unreasonable policy so you should be aware of it. Weigh the policy. Generally, it will have to be a high interest or 'bad credit credit card'. These have high APR, but if used correctly can help rebuild your credit and then you can apply for a far better credit card package. There is quite a bit of information here about bad credit. See the related link. It is also worth requesting your credit score from a company like Experian. See the related link.
Credit Cards for Bad Credit If you have bad credit, you might think that it is impossible for you to obtain a credit card. Let's start out by saying that if you have bad cre…dit, the only possible reason could have for wanting another credit card is to try and rebuild your credit rather than to go on a shopping spree at the local Wal-Mart. For people with bad credit, credit cards can be the bane of existence.Even if you have bad credit, you might also be able to secure a department store credit card. Many department stores will offer you a credit with a low limit even if your credit isn't stellar. Of course, the big thing here is to make your payments on time and don't overextend your credit. http://simplecreditonline.com/
Can you still apply a credit card if you have bad credit card history from other country Is there an international bad credit tracking history?
Answer . Absolutely.. Anyone can APPLY anytime they want.. If you've had credit in the past, someone's tracked your financial behavior. It's out there - following you.
There are available credit card companies that offer a chance for people to have credit cards even though they don't have a credit card history. Even people who have a bad cre…dit card history can still be a candidate for the application. Though it will be harder for one to get his/her application granted.
When you don't have a credit history, it can be difficult and frustrating when trying to obtain a credit card or other type of loan. Establishing your initial credit history c…an be a Catch-22. If you don't have credit, not many places are willing to give you credit, yet how can you ever establish credit if nobody is willing to give you any.
You need to start with a secured credit card. As long as you place a minimum security deposit of $200 you are guaranteed approval for a secured card. In addition, after you pl…ace the security deposit a secured credit card works in an identical way as a regular credit card. The only difference is that when you close your account and assuming you are not late on any of your payments you get back your security deposit :) Do not confuse secured credit cards with prepaid cards. Prepaid cards or prepaid credit cards are debit cards that are for people that do not want to get a traditional checking account with their bank. Finally, you do not build credit by having a prepaid card but you build credit by having a secured credit card. I went to a jewelery shop (Crescent Jewelers) and I bought jewelery and they asked if I wanted to pay in payments. I applied and it helped me a get a credit card down the road. If you don't want jewelery try buying a gas card (not prepaid) or something small and simple. And don't miss the obvious card, your bank! (they should have one.) Virtually any adult can apply for a credit card. You will need your name, date of birth, address, and social security number. However, just because you apply for a credit card does not mean you will be approved. You must have a co-signer to add you as an authorize user to establish a form of credit. From their your credit will take some time to build up. I have never had a cosigner. A good spot for a first card is a place like Orchard Bank or some department store card. You will receive a low limit at first and with quick payment and responsible use, you will have a good credit report in no time.
bad credit card just like a payday loan . well, payday loan is veryeffective way for your emergency money requirements problems inSingapore . many company provide the payday l…oan with low interestrate.
First thing that you have to do is to repair your credit card history. Look for the things that can be fixed. Next thing is to review your current status. There are certain qu…alifications that credit card companies are requiring for people to have a bad credit card history to have a new credit card.
Yes, there are some credit cards that offer credit even without a limit such as AccountNow, Prepaid MasterCard, Wired PlasticTM, Prepaid VisaCard, Centennial Secured CreditCar…d, The MangoTM MasterCard Prepaid Card and more.
Get a copy of your credit report and found out what is being exactly reported by each of the 3 major credit bureaus Experian, Equifax, and Trans Union. Send in a dispute lett…er for anything for any errors or inaccuracies citing the Fair Credit Reporting Act. The credit bureaus have 30-45 days to verify your information or it must be removed.
One that's secured by collateral
You can apply for small store based cards such as kohls, maurices, American eagle... They build your credit and are relatively easy to get with limited credit history.
A bad credit credit card is designed to offer credit cardfacilities for people with poor or adverse credit scores. Suchtypes of "bad credit" customers may find it difficult to… beaccepted for mainstream credit cards. Bad credit credit cards tendto have more generous criteria for acceptance, so people with lowcredit rating, previous credit problems such as County CourtJudgments (CCJs) or low or irregular income (self-employment forexample) will find it easier to gain one. The downside is that these types off-set the "risk" of lending toadverse credit profile by the interest they charge and the creditthey offer. So the interest rates (APR) on the card is usually muchhigher than "prime" cards (anywhere between 30-40%) and initiallycredit limits will be low and fixed. A low credit limit, such as $300, is typical. You will incuradditional fees for exceeding this amount. The cycle can becomevicious if you only pay the minimum payment, since the fees canaccelerate your costs. Unlike a debit card, there is no way for youto opt in to have the card denied when you have reached your limit. The purpose of these cards is to use them responsibly and graduallywork your credit rating up so that applications for "prime" cards(with cheaper interest rates) will be successful.
Folks who have bad credit histories are finding it increasingly difficult to obtain new credit cards. Unfortunately there are a lot of web sites today that take advantage of …this fact and offer help obtaining credit when in fact they are spam sellers, phishers, or worse. To be sure you're using a reputable site to aid you in your search, try a nationally known finance site such as one associated with a media outlet or a consumer protection organization; never give your information out on any site that hasn't been thoroughly scrutinized.
Several credit card companies like Capitol One are now offering services to customer who need a credit card but have a bad credit history. These service include the ability to… obtain a prepaid credit card that works just like a normal credit card.
There is no easy way to repair a bad credit history, but with patience and willpower, it is possible to see one's credit score rise again. First, an individual should educate …themselves about their rights according to the Federal government. Second, it is important when you have a bad credit rating to make certain the information on your credit report is accurate. one can seek credit counseling from a government approved agency, many of which offer no cost or low cost counseling services. These services can often help individuals in debt make proper decisions about consolidation or bankruptcy. Finally, it is imperative to avoid further damage to one's credit rating by avoiding new lines of credit that are outside a monthly spending budget.