Have bad credit and need help finding a company to issue you a credit card? At this time there are lots of reasons your credit score may be low. Sudden reduction of work, forced old age, sickness, and prior miss use of your credit will give you a below desirable credit score.
What brings your credit rating down
- late repayments
- charged off accounts
- collection accounts
- maxing out your unsecured credit cards for no credit restrictions
- bankruptcy
are the most typical ways that your credit score drops. The only things you can do is to hire a credit repair company (or fix your credit yourself) and start using good credit habits.
However you desire a credit card now. So what to do?
You have to look online for companies that will accept people with bad credit. Believe it or not a lot of bad credit clients start by applying for just any credit card that comes across their desk. And are surprised when they get declined.
Looking for credit this way will only further damage your credit. Each time you apply for a credit card, your credit score will go down, UNLESS the organization is pulling a "soft" draw. A soft pull means that's it will not affect your credit, it can the sort of pull that happens when you pull your own credit. But most credit card companies will do a "hard pull". So unless it says "soft pull" assume it will probably be a hard pull.
Getting bad credit lenders
You need to look for resources like BadCreditResources. contendo which list most of the bad credit lenders that you can find online. Whether searching for a bad credit card or if you are buying a bad credit personal loan.
You should also do a search on google for the term "sub prime lender". These lenders got a bad reputation a few years ago when some companies visited far and issued lending options and credit cards for people with bad credit at outrageous rates. Many of those companies have recently been put out of business.
Some other good conditions to search for a bad credit card would be:
bad credit cards
no credit check credit cards
unsecured credit credit cards for no credit
bad credit credit cards
credit credit cards for individuals with bad credit
If you want to achieve success in getting a new credit card and starting to rebuild your credit. You need to be wise in where you apply. Many of the key banks do no have unsecured bad credit cards. So walking into BofA knowing you have a minimal credit score and trying to get their credit card is not a good thing to do. You will just lower your score, and get rejected. Adhere with the companies that are looking for to finance you. Transform your life credit and once your credit score is around a 680 start buying a good credit card.
