I have poor credit. As a matter of fact i have no credit and i would like to start building it what can i do?

April 5, 2010

in Poor credit credit cards

What credit card comapny would approve me me for a credit card for poor credit? Thanks

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{ 7 comments… read them below or add one }

zebra April 5, 2010 at 1:47 am

put a deposit down on a credit card and use it as a secured card this will build your credit

Vincent's♥Mommy April 5, 2010 at 2:10 am

Capital One approved me when I had no credit at all. They have been a good company. Try just using it for buying gas or groceries or something small, it will help build your credit without you going into a lot of debt. Good luck!

flying_dawg April 5, 2010 at 2:43 am

It’s funny in this day and age many companies are willing to give you a credit card.
You have to start somewhere. As long as you have a job you should be able to get a credit card. And if the majors wont give one, try a department store to start with. But get a low amount so you don’t or cant abuse it.

breezy_otay April 5, 2010 at 3:13 am

Orchard Bank, which is a division of Mastercard, is good for people with no credit or bad credit. You can also try a department store credit card, they’re easy to get and have low spending limits, as long you can pay for purchases that month ( buy a 20 item on the card and then pay the balance) That is a really good way to build credit.

zachary b April 5, 2010 at 3:39 am

poor credit is not the same as no credit.but if you have no credit then apply for a credit card with ochard bank or capital one.if it is bad then take your pick because you are probaly going to get rejected .but remember the more you apply for credit the lower your credit score will get.

Manny April 5, 2010 at 4:13 am

Request a credit line for perhaps $1000 to citybank or sears. Ask then for a credit card from a gas station, some three weeks after the first is delivered to you. Four months after proper payments have been sent request a corporation credit card from your bank, provided you have an account for it. In two years you will be able to get credit for a house, for at least $120000.
To perform this beautifully two things are in order: you are being helpful to their intelligence systems and you are not being accountable on discrediting them at all. Trust your intellect, and know you already have good credit. They will not deny you a credit card or loans. This is important to them, they may mock but not hurt your feelings on purpose (I mean proper companies). Bye.

milwaukiedave April 5, 2010 at 4:50 am

Some department stores will issue start up accounts and offer credit for $200 if you have no credit. If your able to get something like that, then you should get the card make a purchase and pay it off right away. After awhile you can ask them to increase the limit on that card. This will be reported to the credit agencies and will help build up your credit.

Also make sure not to apply for too many lines of credit. Each time a company does an inquiry on you with a credit bureau, your credit score takes a hit.

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