Wednesday, October 28, 2009

What is the best card to apply for so I can build credit?

I am new to Yahoo answers.



This is my first question.



I have bad credit and need a card or several that reports to the credit bureaus.



Can you please send me a link to a place I can apply for a really good card that will help build my credit?



What is the best card to apply for so I can build credit?

http://www.secumd.org



SECU has a 12.9% secured, NO ANNUAL FEE credit card which requires a minimum deposit of $300 into a share savings account. If you have relatives who are members of SECU - you can become a member and take advantage of this opportunity. Good luck.



What is the best card to apply for so I can build credit?

American Xpress



What is the best card to apply for so I can build credit?

The first rule of holes -- if you%26#039;re digging yourself into a deep hole, STOP DIGGING (and throw out the shovel).



If you have bad credit then you will get cards that charge 20+% for the card, and 33% the first time you are a few minutes late with your payment (I%26#039;m not making that up -- a few minutes!!).



You will build your credit by paying off all of those bills on your credit history.



Finally -- Dave Ramsey is your friend. Get his book, read it, and then decide how to handle your money.



PS - I am not associated with DR in any way, I just know he has good stuff.



What is the best card to apply for so I can build credit?

Firstly clear any debts that remain. Then make a purchase on a one of those 12 months to pay plans and make the payments in full in that time. At least you will have a lounge to sit in or a refrigerator to show for it. Usually this will lead to good credit with a lender - then you can move onto a card.



What is the best card to apply for so I can build credit?

A secured card from a major company, such as Visa, MasterCard, AMEX, and Discover will work.

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