Great Card for Rebuilding Credit
I have had this card for around 4 months now. The whole process from applying for the card and receiving the card took about a month, but it was definitely worth it! This is not a card you want to use to carry a balance after all it is a secured card and is for rebuilding credit not using the card because you actually need the credit. So keeping this in min this is how I use my card... I use no more than 30% of my $300.00 credit limit. I pay my balance off in full every time I receive my statement. To pay off my bill I purchase a money order and mail it in and it usually takes 6 days to credit my payment (this is the best and quickest way to make your payments with this company). I will say that I've contacted customer service a couple of times before I received the card and no, they aren't the nicest people, but it is a secured card and not an AMEX card so I don't expect red carpet service. All in all having this card has contributed to raising my FICO score 58 points in 3 months. I have been using CK for around 4 months now and it has helped me trmendously. I have read so many extremely helpful reviews on here! Between this website and MyFico.com I have raising my Fico score from a 591 to a 649 and I now qualify to purchase my first home! I am 28 and have made some mistakes in my past and have been very irresponsible, but I am proof that it can be done. It took me around 4 months for this score jump and some money to pay off some bills, student loans, collection accounts, (you name it I had it lol), but I'm getting there and I couldn't be more thankful for websites like this one :)
WILL FIND ANY REASON TO CANCEL YOUR CARD
had this card for 4 months. i would use it everyday and pay it at the end of every week. then i sent my payment and i come to find out they closed it. no reason was given when i called. i dont know if im going to get my $400 back, or security deposit. dont waste your time, or lose your money like i did. SAVE YOURSELF!!
They sent a bill before igot the card
Avoid if you can. They approve right away then advise you to open a second card immediately. APR is high. My bill came before my card came and I even paid $20 for the "fast shipping"
HATE IT
The worst company i have ever experinced in my life
Good to build Credit!
Make sure you call them and find out when payments are due and set up payment from your Bank in advance ,also pay payment at least 5 to 6 days in advance to make sure that it clears!!!Also don't spend more than 25 % of your limit even if you payoff every month this will help build your credit!!Good Luck!
I applied for this card in Oct 2016 about three months after credit score raised 44pts. It is working fine for me and I pay online.
If your trying to establish credit again
Ok here is the deal. I read a lot of bad reviews because it's hard to make a last minute payment. Fyi this is what got you into the situation your in to begin with.
I have had this card for over 3 years now, that said I have had no problems with the card, I used it to establish credit to get better cards. I would use about 30% of the card and make my payments by mail the day I got the bill in the mail. THE MINUTE I got the bill in the mail. As I said I was trying to fix my credit not wreck it again. After about 3 months my score went from 520 to about 580 landing me 6 more credit cards with no anual fees and no deposit.
I still keep this card active to ensure my age of credit history does not drop as this is my oldest line of credit.
Wait until you close your account, good luck with getting your deposit back
You will it just takes a while!
Yea, you said it bro! Th
I hate this card! When you make a payment it takes 10 business days for it to be apply. Its very useless for me. Thank goodness I got a secured card with Capital One.
C/O is a great easy way to build credit yes. I use 2 of their cards now.
Yes Capitol One is the way to go. I made 6 payments on time automatically debited from my account. The day of my sixth payment I called for an increase and went from 500 to 900...I had BAAAD Credit...the type of credit that was never built and just completely crapped on for 3 decades. YES! CAPITOL ONE ! IS THE WAY TO GO!
Credit Score went up 24 points in 3 wks!
The overall proess of applying, getting approved and acutally receiving the card took about a month. But my credit score improved 24 points in a matter of 3 weeks! I used bill pay to make my payments which makes it super quick and easy and I don't have to pay any extra fees. So glad that I chose to open this card up. I was very skeptical considering the reviews but I took a risk and it truly helped me out a ton.
BS
Go somewhere else with your uninformed negativity.