Easy To Get Credit Cards
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Easy To Get Credit Cards for No Credit or Bad Credit
Having trouble getting a card because of no credit or a bad credit history? Many banks and credit card companies offer easy to get credit cards designed to help people build or rebuild their credit. It pays to understand the pros and cons though before making the leap into these unique financial instruments.
The good news is that you won't be charged interest on your purchases, no credit check is required, and there's guaranteed approval. The bad news is banks and credit card companies have figured out a myriad of other ways to make money off you. Just like any other financial transaction, you as the buyer must beware. But as long as you understand the fee structure, prepaid or secured credit cards can work to your advantage.
Of course you can get by without any credit cards at all. But they have become an integral part of our financial system offering both convenience and security in our daily lives. However, without a credit history or if yours is bad, it can often be very hard to get one. Secured and prepaid credit cards are designed to fill that gap. The only thing you needed to present is your social security number and a minimum cash deposit - usually between 0. and 0. to start funding your transactions. These types of cards have both pros and cons you should be aware of before you make your selection.
Easy To Get Credit Cards
Convenience Plus Benefits
Prepaid credit cards offer the convenience of having a credit card when making online purchases or making plane, hotel, or car reservations. Also known as stored-value cards, these credit cards basically function like a debit card, with the one major difference - they are not linked to a bank account. You don't even need to have one to cash your check anymore. Most offer free direct deposit so check cashing fees will be a thing of the past. As a matter of fact, some even pay YOU with a cash bonus to opt for direct deposit of your paycheck which streamlines the process.
Once you have loaded money onto your card you can start using it to pay your bills. Some cards even offer free bill pay services, but you need to review the details on the card you select. Most require a minimum deposit each month to avoid inactivity fees which you avoid if you have those paychecks directly deposited. Another significant benefit of prepaid cards is that they enable you to slowly build, rebuild, or re-establish your credit history if you make on time minimum payments with all of your creditors using your card and maintain your account balances below the credit limits.
Easy To Get Credit Cards
You can then request that your account activity be reported directly to Credit Bureaus on a monthly basis. Sometimes this is a free perk too. Sometimes not. Check the terms for your card. Over time, this will help you improve your credit score, thus saving you money on future purchases and enabling you to secure the credit you require to purchase a home or car.
Caveats
Most prepaid credit cards come with numerous, obscure and confusing fees, so check terms carefully before applying for a prepaid card. The fees often include an annual fee, which can be high. In addition, you'll often find potential activation fees, fees for direct deposit, bill pay fees, credit reporting fees, and even fees just to check your balance. Please read the terms and conditions for each card when applying and shop around. The ability to quickly and easily shop terms on the internet means you can often avoid most if not all of these fees that can add up.
Another potential drawback to these cards is that all card services are electronic or happen online. To really benefit from them, you must be comfortable with receiving electronic statements and checking your balances online or via a mobile phone. Most of us are fairly computer literate these days though, so the majority of individuals will not find this to be an issue.
Today, most of us use credit cards on an almost daily basis to pay bills and make purchases. Those that have limited or bad credit might want to consider prepaid or secured credit cards to gradually improve your credit score and enjoy all the advantages of having good credit. Best of all, easy to get credit cards help you develop a discipline for managing credit wisely and help you avoid falling into a debt trap as you become eligible for a prime credit card and get access to higher and higher lines of credit.
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what are good/easy credit cards to apply for?
i have a bank of america credit card and i checked my credit recently and it was 711. i was wanting to get another credit card to help my credit because my bank of america one has a $600 limit and im trying to move into an apartment eventually get a car etc. does anyone know of any good ones? i’m 20, but not yet a student until the fall so i cant apply for the student ones.
What are some easy credit cards to get?
any store credit cards or other credit cards EASY to get?
I have BAD credit (my parents had bills in my name as a child and the only way to get my credit clear is to sue them) and have heard that credit cards could help me improve it, which stores or other places would give me one?
None, you will have to start rebuilding your credit rating with secured credit. Make sure the banks report to the credit bureaus, otherwise it does no good.
Go to the bank you do business with, ask them if they have a secured credit card, if they do open a new account with $300 – $500 tell them you want a secured credit card against that account. Use the card for small purchases like gas or food and pay the card off entirely each month on time.
Also you can take your savings account and save until you have $1,000. Tell your banker you want to take a installment loan out against the savings account. Take the money you receive and put it in your checking account to repay the loan. Pay it off in 12 months. Lenders like to see a mixture of credit, revolving, installments, personal loans.
After a few months you can try for an unsecured card again. Retail store cards and gas cards are normally easier to get.
It will take 24 months of consistent on time payments to re-establish your credit rating.
What are the easiest credit cards to get and also what are the some store value credit card sthat are easy to?
What are some easy credit cards to apply for and get approve or after bankruptcy?
I have lots of student loans though.
Go to http://www.Capitalone.com, then on top left click “Compare All CC’s” and go to the bottom of the page showing the last two- a secured CC that is guaranteed and a secured CC that is for students. These are both guaranteed, thus the easiest!
However, to answer your question in the real sense that you want to be approved for an unsecured CC, then go to my blog posts on credit (www.myhometownllc.com) because you will find that your credit score will dictate weather or not you will be approved for a credit card. If you have under a 640 FICO score and want an unsecured CC, try the capital one starter CC or limited CC first.
Contact me if you need any additional help!
Ben Phillips
Dr.Mortgage@yahoo.com
-The Dr on Credit and Mortgage Help
The answers here depend on your credit history — your score, payment history, negative information, etc. Household Bank is fairly to easy to obtain if you have bad to fair credit. They offer both secured and unsecured credit cards. Be aware, however, that an annual fee may apply and the interest rate could be high, depending on your credit history. Capital One also offers credit cards for fair credit. I would stay away from First Premier Bank — they have four different fees they charge you, and if you have a low credit line, those fees will leave you with very limited purchasing power. There are also secured credit cards available from Citibank, Bank of America, and Wells Fargo.
If you have good to very good credit, look into cards from Citibank, Chase, or American Express. I would recommend Citibank, they offer many cards most of which have no annual fee. They have cash back cards, reward cards, and airline cards — American Airline. You can choose between Master Card or American Express. Citibank has a great reputation.
As far as store cards, I would look at Macy’s. They have great programs and I believe their card is issued by Citibank.
I hope you find this information useful.