Fair Credit Cards FAQs
Your question has been successfully sent!
My score is 650. Why is it so hard to get an unsecured card?
To get an unsecured card you should show sufficient income and have a stable job. The banks should see that you can manage credit cards: make on time payments and stay within limits. The length of your credit history is important as well: little credit experience may result in denied credit card application. For most […]Continue »
I don’t have an actual location nearby but I heard that BJs.com has good deals. I was thinking about applying for their credit card but I have varying credit rates depending on which credit bureau you look at. I do not have bad credit but two reporting agencies have me in the fair range and one has me in the good range. Do you think I will be approved?
Many cards will look at your Vantage score which is basically a combination of all three credit bureaus. However, I could not tell you for sure how they decide, therefore I can’t tell you if you would be approved for their card. I can tell you that applying for a credit card usually results in […]Continue »
What is the best credit card for a fair credit?
There is no universal credit card offer that is definitely the best one for someone with fair credit. The thing is we all have different financial situations and credit histories even though they are all tagged as “fair credit”. Moreover, your needs and the way you manage your credit cards also determine which credit card […]Continue »
How many points I will lose for closing a credit card with zero balance?
There is no set in stone number because a lot of different factors are considered when you close a card. Most important are credit utilization ratio and card’s age. If it is the oldest credit card in your credit portfolio, the average age of your credit will become shorter and your credit will go a […]Continue »
You can contact your current credit card issuers and request for a credit limit increase. It won’t hurt your credit score as much as opening a new credit card because the average age of your credit accounts won’t change. If your creditors do not raise your credit limits, then you can apply for a new […]Continue »
You write that you have a new job. That could have your credit application denied. Credit card issuers prefer applicants who have a stable job. If you’ve been job-hopping and have periods of unemployment, it may be hard for you to get approved. Also, check your credit score. Make sure it is still good, because […]Continue »
My credit score is 639, what type of credit card should I be going for?
Your credit is fair which means that you can apply any offer from fair credit page. In general you can apply as for unsecured as for secured credit card. A secured credit card requires a security deposit which acts as a collateral. But in fact it’s same unsecured credit card. Both card types offer credit […]Continue »
Credit Card FAQ Categories
- Bad Credit Cards
- Balance Transfer Cards
- Best Credit Cards
- Business Credit Cards
- Credit Card Banks
- Credit Card Fees
- Credit Card Rewards
- Fair Credit Cards
- Foreign Credit Card Offers
- Instant Credit Card Offers
- Low Rate Card Offers
- Mastercard Credit Cards
- No Credit Cards
- Prepaid & Debit Cards
- Secured Credit Cards
- Student Credit Cards
- Travel Credit Cards
- Visa Credit Cards