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Once You are Discharged and Closed......

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  • CATCHMEIFYOUCAN
    replied
    Watch the Fees !

    Based on this, I'm going with First National Bank of Ohama if they'll approve me!
    If that doesn't work, then Orchard I guess.


    Watch the Orchard CC Fees and Premier CC, you could end up owing $200 or more before you even get credit, and usually $300 minimum, $500 max for starters, the longer you can put yourself between being discharged and getting card, the better the chances of getting a good credit card.

    I started out with a secured card by New Millenium (spelling)
    $99 processing fee
    $300 of my own money into a savings account (you can build slowly on the savings account once it reaches $300 they issue a card) you can build on that every $50-$100 max $5000 over time (your money is your credit!)
    $59 annual fee (you have to be with them for at least a year)

    Than I got me a Hooters Card, no processing fee, $29 annual fee and $1000 line of credit (owned by Merrick Bank)

    Than I just got approved for a Capital One Card, $29 annual fee and $3000 line of credit

    I'm planning on dropping New Millenium after a year is up! And I'll get my money back (which I built up to $600)

    Others will chime in here, with their experience.

    Best of Luck, Catchmeifyoucan

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  • PaKettle
    replied
    Originally posted by CoCoChanel View Post
    Rebuilding starts how soon after these things? I am deeply afraid of credit at this point, but I know I need just a little to survive in this big bad world. What suggestions do you guys have for credit card companies who will give you a small card just to get you back on your feet?

    What should a person do to help rebuild their credit themselves?
    See the "Rebuilding Credit" forum here as part of this site!
    Here's a particular thread on which cards are best:

    Based on this, I'm going with First National Bank of Ohama if they'll approve me!
    If that doesn't work, then Orchard I guess.
    Last edited by PaKettle; 12-09-2007, 07:52 PM. Reason: add info

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  • HHM
    replied

    Leave a comment:


  • CoCoChanel
    started a topic Once You are Discharged and Closed......

    Once You are Discharged and Closed......

    Rebuilding starts how soon after these things? I am deeply afraid of credit at this point, but I know I need just a little to survive in this big bad world. What suggestions do you guys have for credit card companies who will give you a small card just to get you back on your feet?

    What should a person do to help rebuild their credit themselves?

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