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jimbo1783

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why do i keep getting turned down for a credit card when i have a 710 rating?
it sias i owe $600.00 in collections could that be it?

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Get your credit reports.

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Go to freeannualreport.com and obtain all 3 credit reports.  Go over them thoroughly and file disputes on any item you  know or suspect is not yours with the credit bureau that is reporting them.  The credit bureau then has to investigate and either verify or remove the disputed item.

If you have never had a credit card before, your best approach is to get a secured card.  You'll have to deposit a few hundred dollars in the issuer's bank, and that will be your credit limit.  Use the credit wisely (20% or lower) and pay oiff the card when you receive the statement.  This will help build your credit score.  After a while, the card may be converted to a "standard" card with a higher credit limit.  Be advised that the interest rate will be high, because of the lack of credit history, so paying the balance is the best way to save money.

And, yes, that reported collections account, even if it is not yours, will adversely affect your credit.  Make it a habit to check your credit reports once a year to make sure only correct information is shown.

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