What is the best credit card to sign up for, for people like me, who have less than perfect credit?
Credit Card
james s asked:
I am getting back to my feet again, financially, after coming off a long period of unemployment, following a layoff. I would like to know if there is a major credit card out there that won’t take me to the cleaners, and requires no annual fee.
Marvin
I am getting back to my feet again, financially, after coming off a long period of unemployment, following a layoff. I would like to know if there is a major credit card out there that won’t take me to the cleaners, and requires no annual fee.
Marvin
April 12th, 2009 at 4:55 pm
Juan
starts out small there is a 4.95 fee you need to have a checking account i got one
April 15th, 2009 at 12:29 am
Kristin
if i were you i would try for capital one…you can apply at the web site. what’s in YOUR wallet?
April 16th, 2009 at 2:02 am
Pedro
if you cant find one here you wont find one at all
April 19th, 2009 at 12:59 pm
Lois
Good luck in finding ine without an annual fee, especially one for people trying to rebuild credit. Orchard Bank will probably be your best bet. They seem to be a pretty good card, hell I even got one of them myself!
April 21st, 2009 at 3:54 am
Juan
orchard bank and u get a 300 limit and they will raise it 6 months after.. Good luck
April 21st, 2009 at 10:38 pm
Brent
There are several that will approve you, but very few that you actually want. Orchard Bank is your best bet. They have a small annual fee and none of the other fees normally associated with subprime credit cards. The interest rate is (14.90%) good for a subprime card.
Avoid First Premier, Tribute, Rewards 660, Imagine, Total, and Continental Finance. The fees are outrageous.
Avoid Capital One. They do not report your credit limit and that damages your credit score. Example, they give you a $500 limit and you use $250, they will report your limit as $250. This will damage your credit score because instead of using 50% of your credit limit, it looks like you are using 100% of your credit limit.