Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
I Was Denied a Secured Credit Card. What Do I Do?
Written by Oliver Laker on August 1, 2013.
If youve been denied for a secured credit card, dont give up hope yet there are still opportunities for you to rehabilitate your bad credit and get a loan. Well walk through the various alternatives to secured credit cards that will still build your credit.
First step: Why were you denied for a secured card?
Remember: If you get denied credit, you have a right to know exactly why. Is it because you recently declared bankruptcy? Do you have a history of missed payments? Contact the lender to see why you got denied, and make sure it wasnt an error on your credit report. According to an FTC survey, 25% of credit reports contain serious errors.
Next, consider your current bank or a credit union
If you already have a relationship with a bank (such as a checking account) you might find it easier to qualify for a secured credit card. Rather than applying for a secured card from a new bank, go into your current banks branch in person (if possible) and try for a secured offer there. Alternatively, check out your local credit union. Credit unions are not-for-profit and tend to have more affordable products; community development credit unions in particular are great for helping you rebuild credit.
If you still cant get a secured card
- Extend a line of credit
- Report to credit bureaus
Secured share loans from credit unions. These are basically like secured credit cards. You deposit your money into a savings account, then borrow against that money. Since its no risk to the lender, you get a low interest rate, but it still helps build credit. Here are a few options:
Credit builder loans from credit unions. These loans are meant for people looking to build up their credit, and usually range from $200-$1,000. Check your local credit union to see whats offered.
No credit check secured cards. This can be an expensive option if you want a secured credit card. The OpenSky Secured has no credit check, but still reports to the major credit bureaus. It has a $29 annual fee, and its interest rate is pretty high at 17.50%, so try not to carry a balance. This can be a decent if youve previously been denied a secured card, but have the money to post the security deposit.
Even though youve been denied for a secured credit card, dont give up hope just yet. You can still build up your credit and get on the path to financial fitness.
Similar Posts:
- I Receive Welfare. Can I Still Get a Credit Card?
- Savings Rate Index – January 2013
- Interest Rates in Every State: Best Interest Rates in Georgia
- CD Rates Deal of the Day: SkyOne Federal Credit Union at 0.79% APY
- Bad Credit Personal Loans and You
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Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
Credit Card Offers Made Easy
Your Step by Step Credit Card Guide
I Was Denied a Secured Credit Card. What Do I Do?
Written by Oliver Laker on August 1, 2013.
If youve been denied for a secured credit card, dont give up hope yet there are still opportunities for you to rehabilitate your bad credit and get a loan. Well walk through the various alternatives to secured credit cards that will still build your credit.
First step: Why were you denied for a secured card?
Remember: If you get denied credit, you have a right to know exactly why. Is it because you recently declared bankruptcy? Do you have a history of missed payments? Contact the lender to see why you got denied, and make sure it wasnt an error on your credit report. According to an FTC survey, 25% of credit reports contain serious errors.
Next, consider your current bank or a credit union
If you already have a relationship with a bank (such as a checking account) you might find it easier to qualify for a secured credit card. Rather than applying for a secured card from a new bank, go into your current banks branch in person (if possible) and try for a secured offer there. Alternatively, check out your local credit union. Credit unions are not-for-profit and tend to have more affordable products; community development credit unions in particular are great for helping you rebuild credit.
If you still cant get a secured card
- Extend a line of credit
- Report to credit bureaus
Secured share loans from credit unions. These are basically like secured credit cards. You deposit your money into a savings account, then borrow against that money. Since its no risk to the lender, you get a low interest rate, but it still helps build credit. Here are a few options:
Credit builder loans from credit unions. These loans are meant for people looking to build up their credit, and usually range from $200-$1,000. Check your local credit union to see whats offered.
No credit check secured cards. This can be an expensive option if you want a secured credit card. The OpenSky Secured has no credit check, but still reports to the major credit bureaus. It has a $29 annual fee, and its interest rate is pretty high at 17.50%, so try not to carry a balance. This can be a decent if youve previously been denied a secured card, but have the money to post the security deposit.
Even though youve been denied for a secured credit card, dont give up hope just yet. You can still build up your credit and get on the path to financial fitness.
Similar Posts:
- I Receive Welfare. Can I Still Get a Credit Card?
- Savings Rate Index – January 2013
- Interest Rates in Every State: Best Interest Rates in Georgia
- CD Rates Deal of the Day: SkyOne Federal Credit Union at 0.79% APY
- Bad Credit Personal Loans and You
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I Was Denied a Secured Credit Card. What Do I Do?
Written by Oliver Laker on August 1, 2013.
If youve been denied for a secured credit card, dont give up hope yet there are still opportunities for you to rehabilitate your bad credit and get a loan. Well walk through the various alternatives to secured credit cards that will still build your credit.
First step: Why were you denied for a secured card?
Remember: If you get denied credit, you have a right to know exactly why. Is it because you recently declared bankruptcy? Do you have a history of missed payments? Contact the lender to see why you got denied, and make sure it wasnt an error on your credit report. According to an FTC survey, 25% of credit reports contain serious errors.
Next, consider your current bank or a credit union
If you already have a relationship with a bank (such as a checking account) you might find it easier to qualify for a secured credit card. Rather than applying for a secured card from a new bank, go into your current banks branch in person (if possible) and try for a secured offer there. Alternatively, check out your local credit union. Credit unions are not-for-profit and tend to have more affordable products; community development credit unions in particular are great for helping you rebuild credit.
If you still cant get a secured card
- Extend a line of credit
- Report to credit bureaus
Secured share loans from credit unions. These are basically like secured credit cards. You deposit your money into a savings account, then borrow against that money. Since its no risk to the lender, you get a low interest rate, but it still helps build credit. Here are a few options:
Credit builder loans from credit unions. These loans are meant for people looking to build up their credit, and usually range from $200-$1,000. Check your local credit union to see whats offered.
No credit check secured cards. This can be an expensive option if you want a secured credit card. The OpenSky Secured has no credit check, but still reports to the major credit bureaus. It has a $29 annual fee, and its interest rate is pretty high at 17.50%, so try not to carry a balance. This can be a decent if youve previously been denied a secured card, but have the money to post the security deposit.
Even though youve been denied for a secured credit card, dont give up hope just yet. You can still build up your credit and get on the path to financial fitness.
Similar Posts:
- I Receive Welfare. Can I Still Get a Credit Card?
- Savings Rate Index – January 2013
- Interest Rates in Every State: Best Interest Rates in Georgia
- CD Rates Deal of the Day: SkyOne Federal Credit Union at 0.79% APY
- Bad Credit Personal Loans and You
Post Comment
I Was Denied a Secured Credit Card. What Do I Do?
Written by Oliver Laker on August 1, 2013.
If youve been denied for a secured credit card, dont give up hope yet there are still opportunities for you to rehabilitate your bad credit and get a loan. Well walk through the various alternatives to secured credit cards that will still build your credit.
First step: Why were you denied for a secured card?
Remember: If you get denied credit, you have a right to know exactly why. Is it because you recently declared bankruptcy? Do you have a history of missed payments? Contact the lender to see why you got denied, and make sure it wasnt an error on your credit report. According to an FTC survey, 25% of credit reports contain serious errors.
Next, consider your current bank or a credit union
If you already have a relationship with a bank (such as a checking account) you might find it easier to qualify for a secured credit card. Rather than applying for a secured card from a new bank, go into your current banks branch in person (if possible) and try for a secured offer there. Alternatively, check out your local credit union. Credit unions are not-for-profit and tend to have more affordable products; community development credit unions in particular are great for helping you rebuild credit.
If you still cant get a secured card
- Extend a line of credit
- Report to credit bureaus
Secured share loans from credit unions. These are basically like secured credit cards. You deposit your money into a savings account, then borrow against that money. Since its no risk to the lender, you get a low interest rate, but it still helps build credit. Here are a few options:
Credit builder loans from credit unions. These loans are meant for people looking to build up their credit, and usually range from $200-$1,000. Check your local credit union to see whats offered.
No credit check secured cards. This can be an expensive option if you want a secured credit card. The OpenSky Secured has no credit check, but still reports to the major credit bureaus. It has a $29 annual fee, and its interest rate is pretty high at 17.50%, so try not to carry a balance. This can be a decent if youve previously been denied a secured card, but have the money to post the security deposit.
Even though youve been denied for a secured credit card, dont give up hope just yet. You can still build up your credit and get on the path to financial fitness.
Similar Posts:
- I Receive Welfare. Can I Still Get a Credit Card?
- Savings Rate Index – January 2013
- Interest Rates in Every State: Best Interest Rates in Georgia
- CD Rates Deal of the Day: SkyOne Federal Credit Union at 0.79% APY
- Bad Credit Personal Loans and You
Post Comment
I Was Denied a Secured Credit Card. What Do I Do?
Written by Oliver Laker on August 1, 2013.
I Was Denied a Secured Credit Card. What Do I Do?
Written by Oliver Laker on August 1, 2013.
If youve been denied for a secured credit card, dont give up hope yet there are still opportunities for you to rehabilitate your bad credit and get a loan. Well walk through the various alternatives to secured credit cards that will still build your credit.
First step: Why were you denied for a secured card?
Remember: If you get denied credit, you have a right to know exactly why. Is it because you recently declared bankruptcy? Do you have a history of missed payments? Contact the lender to see why you got denied, and make sure it wasnt an error on your credit report. According to an FTC survey, 25% of credit reports contain serious errors.
Next, consider your current bank or a credit union
If you already have a relationship with a bank (such as a checking account) you might find it easier to qualify for a secured credit card. Rather than applying for a secured card from a new bank, go into your current banks branch in person (if possible) and try for a secured offer there. Alternatively, check out your local credit union. Credit unions are not-for-profit and tend to have more affordable products; community development credit unions in particular are great for helping you rebuild credit.
If you still cant get a secured card
- Extend a line of credit
- Report to credit bureaus
Secured share loans from credit unions. These are basically like secured credit cards. You deposit your money into a savings account, then borrow against that money. Since its no risk to the lender, you get a low interest rate, but it still helps build credit. Here are a few options:
Credit builder loans from credit unions. These loans are meant for people looking to build up their credit, and usually range from $200-$1,000. Check your local credit union to see whats offered.
No credit check secured cards. This can be an expensive option if you want a secured credit card. The OpenSky Secured has no credit check, but still reports to the major credit bureaus. It has a $29 annual fee, and its interest rate is pretty high at 17.50%, so try not to carry a balance. This can be a decent if youve previously been denied a secured card, but have the money to post the security deposit.
Even though youve been denied for a secured credit card, dont give up hope just yet. You can still build up your credit and get on the path to financial fitness.
Similar Posts:
- I Receive Welfare. Can I Still Get a Credit Card?
- Savings Rate Index – January 2013
- Interest Rates in Every State: Best Interest Rates in Georgia
- CD Rates Deal of the Day: SkyOne Federal Credit Union at 0.79% APY
- Bad Credit Personal Loans and You
If youve been denied for a secured credit card, dont give up hope yet there are still opportunities for you to rehabilitate your bad credit and get a loan. Well walk through the various alternatives to secured credit cards that will still build your credit.
First step: Why were you denied for a secured card?
Remember: If you get denied credit, you have a right to know exactly why. Is it because you recently declared bankruptcy? Do you have a history of missed payments? Contact the lender to see why you got denied, and make sure it wasnt an error on your credit report. According to an FTC survey, 25% of credit reports contain serious errors.
Next, consider your current bank or a credit union
If you already have a relationship with a bank (such as a checking account) you might find it easier to qualify for a secured credit card. Rather than applying for a secured card from a new bank, go into your current banks branch in person (if possible) and try for a secured offer there. Alternatively, check out your local credit union. Credit unions are not-for-profit and tend to have more affordable products; community development credit unions in particular are great for helping you rebuild credit.
If you still cant get a secured card
Secured share loans from credit unions. These are basically like secured credit cards. You deposit your money into a savings account, then borrow against that money. Since its no risk to the lender, you get a low interest rate, but it still helps build credit. Here are a few options:
Credit builder loans from credit unions. These loans are meant for people looking to build up their credit, and usually range from $200-$1,000. Check your local credit union to see whats offered.
No credit check secured cards. This can be an expensive option if you want a secured credit card. The OpenSky Secured has no credit check, but still reports to the major credit bureaus. It has a $29 annual fee, and its interest rate is pretty high at 17.50%, so try not to carry a balance. This can be a decent if youve previously been denied a secured card, but have the money to post the security deposit.
Even though youve been denied for a secured credit card, dont give up hope just yet. You can still build up your credit and get on the path to financial fitness.
Similar Posts:
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Similar Posts
- I Receive Welfare. Can I Still Get a Credit Card?
- Savings Rate Index – January 2013
- Interest Rates in Every State: Best Interest Rates in Georgia
- CD Rates Deal of the Day: SkyOne Federal Credit Union at 0.79% APY
- Bad Credit Personal Loans and You
- How to Avoid Bad Credit Credit Card Scams
- In Search for Unsecured Bad Credit Credit Cards
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