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
waters286

2 Contributions
0 People Helped
i have a poor credit rating, would it be wise to open a store credit card?
I currently only have one card, for care credit. My balance is current and nothing is over due, nor have i missed a payment. Would it be wise to open a store credit card?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2791 People Helped
Most Helpful Response

Helpful to 1 out of 1 people

Yes, any type of credit card would be good for building up your score.  Remeber, your score always drops a bit a first whenever you open a new account, but it will increase as you make payments on the new card.  Best of luck!

Reply by
waters286

2 Contributions
0 People Helped

Thank you for the advice, my credit score suprisingly didnt slip upon approval, it boosted the score a few points. I am not planning any major purchases with this card; just a few minor things here and there. Hopefully soon my credit score will be better and higher. Again, thanks alsofor the incouragement.

4 Contributions
1 Person Helped

Don't bother.

I would say opening a credit card of any kind is never worth it.  Stay debt free.  Use cash.  It is always better and you end up paying less for everything anyways.  That is how you win the credit game...DON'T PLAY IT.

Reply by
waters286

2 Contributions
0 People Helped

I understand your point completely, but i do eventually want  to buy a house with my fiancee. To buy a house i will need to boost my credit score as much as i can. I wish i did not have to worry about not having credit,however if i play the credit game right, i should hopefully be fine. Thank you for your input, it is appreciated!

Results 1-2 of 2Results 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.