Credit Cards

Sutekh · 09-24-2009, 06:04 PM

Figured this would be a good place to ask, did a quick search, no results turned up.

I currently have a.. Less then perfect credit score and have been trying to get a credit card for some time now, but to my dismay have been unable to get a good one. Everyone I go for I've got to pay some sort of yearly fee, entrance fee, etc..

Basically my question is, are there any good credit cards for people with less the perfect credit rating that doesn't have the crazy gimmicks like 100 dollars a year for one.

Hachima · 09-24-2009, 06:08 PM

The reason you can't find a good card is most likely the same reason you are unable to find the other threads on this board that already go over this. Good luck.

Sutekh · 09-24-2009, 07:12 PM

I see one post relating to, joint credit cards, not one for someone who is lacking in rating, thank you for your good luck wish.

Evelys · 09-24-2009, 09:07 PM

If you've got shitty credit, you're going to have to pony up for a secured card to get one without fees and the like.

Then, 5 years down the road once your credit picks up, go get a real one.

Amnesiac · 09-24-2009, 11:41 PM

Pretty sure youre too dumb to manage a credit card bro. Stick to debit cards and trolling forums, its more up your alley.

Sutekh · 09-25-2009, 08:00 AM

Quote:

Originally Posted by Amnesiac

Pretty sure youre too dumb to manage a credit card bro. Stick to debit cards and trolling forums, its more up your alley.

I lol'd poor little feller gets his kicks from insulting people on the internet.
It's a sad life you live sir, a sad sad life.

Hatorade · 09-25-2009, 08:42 AM

Sorry you can't have your cake and eat it too, you post shit just for the negs then ask for help....not how it works man.

r3probate · 09-25-2009, 08:51 AM

Pretty sure he's just exploring new venues for his trolling.

Angerz · 09-25-2009, 09:38 AM

If you've served in the military, try USAA.

They are primarily an insurance company, but they offer credit cards as well. Since they are a pretty exclusive "club" (have to be in the military, a son/daughter of a member or an executive in the company to become a member) they offer decent credit cards, even with bad credit afaik.

Or get a secured credit card. You set your own limit by depositing whatever your amount is, so you really can't fuck it up if you are serious about fixing your credit. This was the route I was going to take, until I realized I could use USAA because my father is a member.

OneofOne · 09-25-2009, 11:44 PM

Quote:

Originally Posted by Sutekh

I lol'd poor little feller gets his kicks from insulting people on the internet.
It's a sad life you live sir, a sad sad life.

Wait what? Did I just enter Bizarro world?

Just walk upstairs and ask your mom if she'll co-sign a card for you, which will appear on YOUR credit report. If she says no, tell her you'll even go get a job!

Lyenae · 09-26-2009, 09:23 AM

Quote:

Originally Posted by Sutekh

Basically my question is, are there any good credit cards for people with less the perfect credit rating that doesn't have the crazy gimmicks like 100 dollars a year for one.

What do you want a credit card for?

Sutekh · 09-26-2009, 12:03 PM

Getting my credit rating up! Just one of the many things doing to work towards it ya know.

Oneofone, I live in Florida bro, we don't have houses with two floors here.

Quote:

Originally Posted by r3probate

Pretty sure he's just exploring new venues for his trolling.

I believe the term you're looking for is testing the waters.

Soriak · 09-26-2009, 12:28 PM

Finding a co-signer isn't the worst idea. Otherwise get a secured credit card, which will suck but at least fix your credit score eventually.

Sutekh · 09-26-2009, 07:27 PM

What do you mean by Secured?

Spoiler Alert, click show to read:

Secured credit cards

A secured credit card is a type of credit card secured by a deposit account owned by the cardholder. Typically, the cardholder must deposit between 100% and 200% of the total amount of credit desired. Thus if the cardholder puts down $1000, they will be given credit in the range of $500–$1000. In some cases, credit card issuers will offer incentives even on their secured card portfolios. In these cases, the deposit required may be significantly less than the required credit limit, and can be as low as 10% of the desired credit limit. This deposit is held in a special savings account. Credit card issuers offer this because they have noticed that delinquencies were notably reduced when the customer perceives something to lose if the balance is not repaid.

The cardholder of a secured credit card is still expected to make regular payments, as with a regular credit card, but should they default on a payment, the card issuer has the option of recovering the cost of the purchases paid to the merchants out of the deposit. The advantage of the secured card for an individual with negative or no credit history is that most companies report regularly to the major credit bureaus. This allows for building of positive credit history.

Although the deposit is in the hands of the credit card issuer as security in the event of default by the consumer, the deposit will not be debited simply for missing one or two payments. Usually the deposit is only used as an offset when the account is closed, either at the request of the customer or due to severe delinquency (150 to 180 days). This means that an account which is less than 150 days delinquent will continue to accrue interest and fees, and could result in a balance which is much higher than the actual credit limit on the card. In these cases the total debt may far exceed the original deposit and the cardholder not only forfeits their deposit but is left with an additional debt.

Most of these conditions are usually described in a cardholder agreement which the cardholder signs when their account is opened.

Secured credit cards are an option to allow a person with a poor credit history or no credit history to have a credit card which might not otherwise be available. They are often offered as a means of rebuilding one's credit. Secured credit cards are available with both Visa and MasterCard logos on them. Fees and service charges for secured credit cards often exceed those charged for ordinary non-secured credit cards, however, for people in certain situations, (for example, after charging off on other credit cards, or people with a long history of delinquency on various forms of debt), secured cards can often be less expensive in total cost than unsecured credit cards, even including the security deposit.

Sometimes a credit card will be secured by the equity in the borrower's home.

Well that settles that, but what are some good secured cards?

Heavens_Myst · 09-26-2009, 09:20 PM

Google man... fucking google.

No one is going to help a troll like you

+internets, troll

09-24-2009, 06:04 PM	#1 (permalink)
Sutekh BOOSH! Join Date: Feb 2008 Posts: 2,775 -260 Internets	Credit Cards Figured this would be a good place to ask, did a quick search, no results turned up. I currently have a.. Less then perfect credit score and have been trying to get a credit card for some time now, but to my dismay have been unable to get a good one. Everyone I go for I've got to pay some sort of yearly fee, entrance fee, etc.. Basically my question is, are there any good credit cards for people with less the perfect credit rating that doesn't have the crazy gimmicks like 100 dollars a year for one. __________________

09-24-2009, 07:12 PM	#3 (permalink)
Sutekh BOOSH! Join Date: Feb 2008 Posts: 2,775 -260 Internets	I see one post relating to, joint credit cards, not one for someone who is lacking in rating, thank you for your good luck wish. __________________

09-25-2009, 08:42 AM	#7 (permalink)
Hatorade Cause it's better than water Join Date: Oct 2003 Location: Houston, TX Posts: 10,372 +87 Internets	Sorry you can't have your cake and eat it too, you post shit just for the negs then ask for help....not how it works man. __________________ Wii Friend Code 1729 2890 3780 7210

09-26-2009, 07:27 PM	#14 (permalink)
Sutekh BOOSH! Join Date: Feb 2008 Posts: 2,775 -260 Internets	What do you mean by Secured? Spoiler Alert, click show to read: Secured credit cards A secured credit card is a type of credit card secured by a deposit account owned by the cardholder. Typically, the cardholder must deposit between 100% and 200% of the total amount of credit desired. Thus if the cardholder puts down $1000, they will be given credit in the range of $500–$1000. In some cases, credit card issuers will offer incentives even on their secured card portfolios. In these cases, the deposit required may be significantly less than the required credit limit, and can be as low as 10% of the desired credit limit. This deposit is held in a special savings account. Credit card issuers offer this because they have noticed that delinquencies were notably reduced when the customer perceives something to lose if the balance is not repaid. The cardholder of a secured credit card is still expected to make regular payments, as with a regular credit card, but should they default on a payment, the card issuer has the option of recovering the cost of the purchases paid to the merchants out of the deposit. The advantage of the secured card for an individual with negative or no credit history is that most companies report regularly to the major credit bureaus. This allows for building of positive credit history. Although the deposit is in the hands of the credit card issuer as security in the event of default by the consumer, the deposit will not be debited simply for missing one or two payments. Usually the deposit is only used as an offset when the account is closed, either at the request of the customer or due to severe delinquency (150 to 180 days). This means that an account which is less than 150 days delinquent will continue to accrue interest and fees, and could result in a balance which is much higher than the actual credit limit on the card. In these cases the total debt may far exceed the original deposit and the cardholder not only forfeits their deposit but is left with an additional debt. Most of these conditions are usually described in a cardholder agreement which the cardholder signs when their account is opened. Secured credit cards are an option to allow a person with a poor credit history or no credit history to have a credit card which might not otherwise be available. They are often offered as a means of rebuilding one's credit. Secured credit cards are available with both Visa and MasterCard logos on them. Fees and service charges for secured credit cards often exceed those charged for ordinary non-secured credit cards, however, for people in certain situations, (for example, after charging off on other credit cards, or people with a long history of delinquency on various forms of debt), secured cards can often be less expensive in total cost than unsecured credit cards, even including the security deposit. Sometimes a credit card will be secured by the equity in the borrower's home. Well that settles that, but what are some good secured cards? __________________ Last edited by Sutekh; 09-26-2009 at 07:32 PM..

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09-24-2009, 06:08 PM	#2 (permalink)
Hachima Registered User Join Date: Oct 2004 Posts: 2,171	The reason you can't find a good card is most likely the same reason you are unable to find the other threads on this board that already go over this. Good luck.

09-24-2009, 09:07 PM	#4 (permalink)
Evelys The Anti-Gnome Join Date: Jul 2002 Location: South of Hell Posts: 350	If you've got shitty credit, you're going to have to pony up for a secured card to get one without fees and the like. Then, 5 years down the road once your credit picks up, go get a real one.

09-24-2009, 11:41 PM	#5 (permalink)
Amnesiac Craig James is a fucking bitch Join Date: Jul 2006 Posts: 165 -25 Internets	Pretty sure youre too dumb to manage a credit card bro. Stick to debit cards and trolling forums, its more up your alley.

09-25-2009, 08:51 AM	#8 (permalink)
r3probate unprincipled Join Date: Jan 2007 Posts: 830	Pretty sure he's just exploring new venues for his trolling.

09-25-2009, 09:38 AM	#9 (permalink)
Angerz Rock and Roll Gangster Join Date: Aug 2003 Posts: 2,223 +7 Internets	If you've served in the military, try USAA. They are primarily an insurance company, but they offer credit cards as well. Since they are a pretty exclusive "club" (have to be in the military, a son/daughter of a member or an executive in the company to become a member) they offer decent credit cards, even with bad credit afaik. Or get a secured credit card. You set your own limit by depositing whatever your amount is, so you really can't fuck it up if you are serious about fixing your credit. This was the route I was going to take, until I realized I could use USAA because my father is a member.

09-26-2009, 12:28 PM	#13 (permalink)
Soriak Registered User Join Date: May 2002 Location: NYC Posts: 6,094 +55 Internets	Finding a co-signer isn't the worst idea. Otherwise get a secured credit card, which will suck but at least fix your credit score eventually.

09-26-2009, 09:20 PM	#15 (permalink)
Heavens_Myst Gentlemens Club Join Date: Apr 2003 Location: The King Has Returned Posts: 1,713 -161 Internets	Google man... fucking google. No one is going to help a troll like you +internets, troll