Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
trisstan

2 Contributions
1 Person Helped
How can I improve my credit score when I can't get approved for any lines of credit or credit cards
My credit score is not all that hot. I have paid off all of my other debts and the only things I pay monthly are car payment, insurance and phone bill. If I can't get approved for credit cards, how can I improve my score other ways?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-9 of 9Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
4 Contributions
75 People Helped

Helpful to 16 out of 18 people

Go to your bank , after you have put $300 mim. in a savings account, ask for a "Collateral Account "

1 Contribution
4 People Helped

Second chance checking

Helpful to 4 out of 5 people

I have Wells Fargo second chance checking and after being with them a year and being turned down by every secured credit card around...I applied through Wells Fargo secured credit card and was approved for between 300-1000 that they withdraw from your account. My card is on it's way and a better option then an outside card. It's also setup on overdraft protection from my checking account. I will report back later once my limit is increased. Hopefully they do so after the holidays. 

4 Contributions
9 People Helped

Credit Cards

Helpful to 7 out of 11 people

I was just declined for a secured credit card, that CK said was guaranteed! What a joke! I'll just  keep payin cash!

Reply by
Katembx

1 Contribution
0 People Helped
Helpful to 0 out of 3 people

I had the same issue!!!

1 Contribution
17 People Helped

Helpful to 17 out of 19 people

Credit Unions often offer great credit building loans and secured credit cards and are more willing to work with you when commercial lenders will not.

http://www.creditunion.coop/cu_locator/quickfind.php

Top Contributor
77 Contributions
975 People Helped

Helpful to 11 out of 14 people

You should look at guaranteed approval cards

6 Contributions
15 People Helped

Helpful to 10 out of 12 people

I feel your pain -- with absolutely no credit history, I can't get an unsecured credit card either.

I just sent off for Orchard Bank's Secured Mastercard. It has a soft inquiry pre-approval, then you fill out an application for the "real" credit inquiry. Since it's secured, you send them a check for how much you want your credit limit to be. Unless you use the card for something other than just paying for stuff (such as a cash advance), they have no fees for the first year and an annual fee of only $35/year after that. As long as you treat them as a stepping stone [they are notorious for never increasing your credit limit, ever] and pay your bills on time, they seem like a good choice for building or rebuilding credit.

Reply by
trisstan

2 Contributions
1 Person Helped
Helpful to 1 out of 2 people

Thank you so much for your advice. I will look into that credit card.

1 Contribution
0 People Helped

chrissysplace

I need a credit card to build my credit but noone will accept me.Where will I get the $300 for a secured credit card deposit ?

2 Contributions
1 Person Helped

Agree

Helpful to 1 out of 2 people

I filed for a sucured credit card and got a hard inquiry on my credit score so I know the feeling. I have paid off my student loans and making payments on other things and credit is still sad!!!!!!

2 Contributions
1 Person Helped

Helpful to 0 out of 1 people

Thank you so much. I will try to get that card rather than the other ones. Since I am having a hard time approving for credit cards, I will definitely try to get that card.

Results 1-9 of 9Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.