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
dbshot

0 Contributions
0 People Helped
i need to bing my score up i want a credit card but not a secured what should i do

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-3 of 3Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
10 Contributions
207 People Helped

Check with your bank

If you know your score - I would go to your bank/credit union and have a frank discussion - that your score is X - and you would like a non secure low limit card - but not if from what your present score is is to low the request will be denied - Remember if they say apply and lets see your score will get dinged by 10 points - and about two years for this credit mark to come off, so that is NOT the way to cause the score to go up.

Basically you want to develop a relationship with your bank or credit union - such that you can speak to them - to apply willy nilly at on line or department stores is not the best way IMHO.

Then once you get the card - make a small purchase just after the closing date.  This will give you the maximium amount of time to pay it off - and do pay it off a couple of days before the due date.  What this will do is allow the balance to get reported to the bureau's - but you won't pay interest.  Then let it report as 0.00 - this see-saw low balance then zero will cause the score to start climbing - yet you won't pay interest.  Think this way - pay with card 100.00 item - then PAY IT OFF - don't pay interest - so that the 100.00 item ends up costing you 125.00 that is just silly !

Good Luck -

Top Contributor
785 Contributions
299 People Helped

Your credit score will determine whether a lender will grant you credit. You can apply for a card within your credit parameters. Keep in mind this site uses a different scoring system, generally higher,  than the credit bureaus, so you need to know your true FICO score. I would not necessarily follow the card recommendations on this site. Rather go to each lenders website. A hard inquiry will result upon application which will drop your score a bit. 

No one will give you an unsecured card with poor credit. A fair credit rating - you won't have many choices but look at the Capital One website.  I encourage you to read the articles here to educate yourself.

5 Contributions
0 People Helped

Depends

Depends on how messed up your credit is. First get a FICO credit score..yes it will cost you 20 bucks.

From there try for CreditOne..its a annual fee credit card, but not too outrageous. When i was first divorced and Credit score in the low 500s  they gave me a card  and increased the credit ,limit numerous times.

After i had made payments to them for a year..other better ( no fee) offers flooded in.

Good luck

Results 1-3 of 3Results 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.