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Belieber7

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What are the easiest credit cards to get?
Just wondering which credit cards are the easiest to get when you have a score of 588. Besides secured cards. I used to have a Macys, JCP, Kohls, Target, Gap, Old Navy, all of which I owe money on til it goes off record in spring 2016. Does this mean I shouldnt try for any of those places yet? -thank you-

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There are subprime cards out there...

Helpful to 3 out of 7 people

There are some cards that are still easy to get perhaps even easier then some secured cards though you'll end up paying more in the long run.  One of the better known subprime cards is by First Premier Bank but, they will nickel and dime you at every chance they get. They even charge a "processing fee" on top of the annual fee they charge which is $75.  After the 1st year, they'll charge a $12 a month "maintenance" fee and you're charged 25% for however much they increase your credit limit if they do increase your credit limit. Some of the subprime lenders like Continental Finance and Applied Bank does the same thing but I don't think they're accepting any new applications, probably because they've run into legal issues because of their misc fees and other practices.  Credit One Bank is pretty generous with approvals and they have a prequalification tool that will tell you whether they will approve you or not without taking hard inquiry on your credit report.  They charge between $35 - $75 annual fee for the first year based on your credit worthiness and they do charge other misc fees, like you want to make a same day "express" payment they'll charge $10.  They do give 1% gas rewards and they give you your free Experian credit score once a month.  If you manage your account right with them you can avoid the misc fees but not the annual fee.  I've had the card with them for almost  a year with only one small credit line increase of $200.  They do not charge for credit line increases like First Premier.  Capital One would be the best prime lender.   If you don't have any recent collections or public records, they're probably the best card to apply for.  Some might say the Barclaycard but looking at the reviews online they'll approve someone in the low 600's then deny someone in the high 600's so I wouldn't risk getting a hard pull with them.  Other then that, you can get a secured card but you should talk to the lender about whether you can get your deposit back without closing the acccount.  Some lenders will graduate you to unsecured account once you become  more credit worthy.  Though the Capital One Secured card is easy to qualify for, the only way you will get your deposit back is by closing your account.  Normally but closing an account it's going to affect your score since it might be one of your oldest account (average age of credit).  On the same token though regarding cards like First Premier, paying $12 a month to maintain a credit card account probably doesn't  make sense either.  

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Focus on cleaning up loose ends

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My best advice to get your score up and fast!! Settle with your open collections. Right now just about all companies will settle for pennies on the dollar EVEN the IRS!!! Dont focus on new credit, it wont help and may hurt. Don't be afraid to ask to settle' it never hurts to ask. And you will feel better too!! OH and do it on your own don't pay a company to handle settling. They charge for what u can do for free!! :)

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You wont qualift for a secured card

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I honestly think you need to be realistic about what you can actually get. You have open collections and a low score so nobody will give you an unsecured credit card, it just wont happen. Whats so bad about a secured card? You can build up your credit and get an unsecured card in 6 months to a year. Be more realistic about your situation...

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cvicious85

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*qualify

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Reply by
87ebony

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That is rude, and UNTRUE! here is some factual advice! aply for fingerhut credit account . they approve everone and open a secured card. Its a great way to  build your credit as long as you stay responsible with it! Good luck and, ahppy building! :)

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Fingerhut

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Fingerhut only reports your credit to the agencies if you have late payments they do not report good stuff to them so dont waste your time unless you want the credit to buy things as for helping your credit they do not help at all....

Reply by
Unfocuzedjr

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Helpful to 1 out of 1 people

It shows on mine as web bank Enter Your Reply

Reply by
IGVTHX

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Helpful to 3 out of 3 people

I have other credit cards and also have Fingerhut have a $4000 limit never missed a payment and it reports good on my credit report.

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