"To read the whole article, visit: http://www.gettingcreditcardwithbadcredit.com/what-to-do-when-you-need-a-credit-card-and-have-bad-credit/
What to do when you need a credit card with bad credit.
If you’ve been told you can’t, and need a credit card with bad credit, don’t be dismayed. While everyone stumbles sometimes, you can bounce back from poor credit.
Get a credit card with bad credit, even if you’ve been turned down before.
Even if you have miserable credit, you can still get a credit card with bad credit to rebuild your name and score with the major credit bureaus
(TransUnion, Equifax, and Experian).
This is the first step in developing financial resiliency. It may be a bit of a climb, but you can rise from the depths of credit misery by finding a secured card. You can ask a trusted family member or friend to co-sign on a credit card for you until you can establish a new and better credit history. There are a few ways to repair even the worst credit (lower than a 400 FICO score), so keep your chin up, and read on.
If you have a hard time finding someone who can co-sign for you when you are trying to get a credit card with bad credit, here’s an idea. Offer to put money into a savings account, in their name, which they agree not to withdraw unless you default on a credit card payment. Explain to them that this is a way for you to rebuild your credit, and you’re giving them a security deposit to prove it. Once you are no longer beholden to them for co-signing on a credit card for you, and can establish one on your own, withdraw the money from the savings account, and take them to dinner for being so helpful!
To read the whole article, visit: http://www.gettingcreditcardwithbadcredit.com/what-to-do-when-you-need-a-credit-card-and-have-bad-credit/