tegenallekansen asked:


My credit score is about 500…. is there any companys out there that give credit cards to people with bad credit soley to help build credit. I know there are companys that help people build credit who have no credit.

ROZELLA

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Comments

Carlos on 14 July, 2009 at 8:41 pm #

Try a pre-paid debit card. Works great, just like a credit card.


Michael T on 16 July, 2009 at 4:28 pm #

No company will approved an unsecured credit card for someone with a 500 credit score. Your only option to build up your credit score will be a secured credit card (not prepaid). At the bottom of the following link are some that will likely approve you.


My Take on It on 16 July, 2009 at 4:54 pm #

None will give an unsecured card with a score that low.

You will need to save up $200 to $500 and get a secured card that is collateralized.


Matt J on 17 July, 2009 at 3:58 pm #

You’ll probably want to apply for a secured or prepaid card. They both have a 99% approval rate regardless of your score. Just make sure that they report. Check out findsecuredcards (google it) for a great selection. Good luck!