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| *Ostroff, Fair and Company>>>Credit |
Is there any prepaid credit card , that helps restabish your credit? |
I'm not employed outside the home. I'm a student with a lot of work ahead of me. I also just rencently started up a catalog order business and need a credit card to run my business, but don't have good enough credit to get a regular credit card. I was looking into prepaid credit cards, but need one that can help restablish my credit. There is one such prepaid credit card that is widely trusted and will help you to establish good credit. The company is Eufora. You can find out more about it and get a link at http://www.squidoo.com/best-prepaid-cred... Hmmmm! That would be nice wouldn't it? Try a debit card through a bank if you can't find the credit card of your choice. My husband & I have one. It's just like a credit card & you have the option of using either credit or debit. i think bank of america does have one, its called secure card i guess. but i dont think u can have it for large amounts i doubt it as the prepaid ones arent actually giving you anything on credit. the credit builder credit cards such as vanquis by visa are you best bet however with a poor credit rating there is the set back of high interest rates. on the credit builder vanquis its around 39.9% but aslong as you keep your balance low and make payments on time it will look better on the credit file than having no good credit in your name at all. Yes there is but I am not sure if it helps your credit history. What I recommend , is for you to get a "secured credit card". Most banks offer it. The way it goes is that you will be required to put a savings account and basically the amount you put in serves as the amount of limit they would set up your credit card. That money on your savings account will not be touched or withdrawn but serves as a security just in case you default your payment. Said money also earned interest. That being said, you will still receive your monthly statement and be required to pay it on time without touching the aforementioned savings account. This sure will build your credit but it is not an overnight plan. Building your credit takes time and discipline. Good luck. Secured credit cards are an option to allow a person with a poor credit history or no credit history to have a credit card which might not otherwise be available. They are often offered as a means of rebuilding one's credit. Secured credit cards are available with both Visa and MasterCard logos on them. Fees and service charges for secured credit cards often exceed those charged for ordinary non-secured credit cards, however, for people in certain situations, (for example, after charging off on other credit cards, or people with a long history of delinquency on various forms of debt), secured cards can often be less expensive in total cost than unsecured credit cards, even including the security deposit. If you have a stable job with a good source of income, you might be able to apply for a loan through a website called Prosper. This site is a People-to-People (P2P) lending site where individual borrowers join in on the loans to help fund yours. http://www.prosper.com/groups/group_home... |
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