blu_eyed_sexy asked:
I have bad credit and I want to try to build it up, is there really a credit card that is Guaranteed approval even with bad credit? Something like a 2nd chance credit card?
http://1mortgagecalculator.info
I have bad credit and I want to try to build it up, is there really a credit card that is Guaranteed approval even with bad credit? Something like a 2nd chance credit card?
http://1mortgagecalculator.info
yes, sort of. I believe that you are referrering to a to a prepaid credit card. Say you send them $500.00, you then have a 500 credit limit. In theroy (in the past) if you sent in the amount spent or the minimum payment, it would help rebuild your credit after a while.
normally, I would advise against this type of card, but in the current economic situation, credit card companies are not issuing credit.
There is no guaranteed approval, even for a secured credit card. If you have a lot of recent defaulted credit card accounts, even a secured card application might turn you down.
No, there is not.
Yes, you can choose prepaid credit card. Prepaid credit cards can be ideal for people who are unemployed, have bad credit or difficulty obtaining an unsecured credit card. Prepaid credit cards are also excellent for individuals who want to rebuild their credit over a period of time, so you can ask to the bank to make a prepaid credit card