Credit Cards For Very Poor Credit

I want to buy a house so I'm trying to repair my credit. Due to the death of the father of the child and work to dismiss my credit has suffered to the point where my scores were in the 300. During the last 1 1 / 2 years I have made very low 500s. The mortgage company says I should get two credit cards and reconstruct a history of payment if my scores are rising. How do I get these cards, if nobody will give me credit? Are there credit department store / that give very poor credit holders credit score? I do not want to pay fees and other horrible.

You have some options available if you want to rebuild or repair your credit. Many issuers of credit cards that specializes in credit cards for people with poor or no credit. You can find a complete list of offerings here:

http://www.asapcreditcard.com/unsecured- ...

Although these credit cards have higher interest rates (and additional costs) compared to the standard credit card - you'll pay much less than a "store credit card. In addition, they will give you an opportunity to prove your creditworthiness and help build or improve your credit score.

In time, with regular payments on time - you'll be able to apply for better offers with lower APR and less cost.

Hope this helps. GOOD LUCK!

You'll get a very high interest rate, 29.99%!

Check with Bank of America. They have a secured card where you put 99 U.S. dollars in a savings account and you get a credit card with a limit of $ 500. Pay on time, and after a year they will release savings account. Continue to pay on time and you will get credit line increases.

Thank you for responding to the previous speaker from Orchard Bank, but HSBC (Orchard) has many fees that are associated with the card it worth his trouble.

Go to www.creditcards.com or www.orchardbank.com

You can obtain a secured credit card from your bank. This requires that you put money in a savings account that you can not touch. You can borrow up to the amount of your savings. then make the monthly payments.

I also recommend that you go to every office and every negative aspect of the dispute, they are reporting (whether true or not.) RE: Under the Act fair credit reporting, creditors must respond to a challenge filed with a body within 30 days. Many credit card companies often do not respond because ... Well, why pay your employees to do if you have already received your money?

Often times items will be deleted from your report, because the creditor does not respond in time. Best time to do so is summer / November-December time. Because employees are on vacation or because of the holidays your chances of companies not respond slightly higher.

Good luck!

Major credit card issuers like Discover, American Express and Chase offer a credit card for holders of bad credit. A 'shopping' card offers a line of credit unsecured private vendors. Use these cards to increase your credit score from credit bureaus will be informed of your payments on time.

The type of institutions that provide credit facilities for borderline cases (like yours) inevitably very high interest rates. For example, a standard credit card would then be 32.5% as April platinum card (given to a person with good credit history) could be only 19.5% in April

I too suffer from bad credit and have never been able to get a credit card. But recently I received a MasterCard imagine. You must have a current account to qualify. They do not start with a ceiling of $ 150 - $ 300, and it increases if you repay success. I know that you are eligible. Good luck!