(Closed) Denied for credit card :( help!

posted 7 years ago in Money
Post # 3
Member
1090 posts
Bumble bee
  • Wedding: October 2011

Try to open a store card. Like a Kohls, Sears, Victoria’s Secret first. I think those are easier… Kohls was my first card.

Post # 4
Member
5786 posts
Bee Keeper
  • Wedding: May 2011

Go to a branch of you local bank and explain your situation. Odds are they will give you a credit card with a very low limit and have you put down $100 or so against any potential losses. You should get your “down payment” back after a year of consistently paying your bill. Can I ask what credit card rejected you? 688 is not too terrible but some companies, like American Express, are pickier than others.

Post # 5
Member
2695 posts
Sugar bee
  • Wedding: October 2015

I’m in the same boat. The only thing on my credit is my car loan and because I took it out so recently I can’t get credit. I’d really like to have a credit card so that we can make the deposits for our wedding on them, but I can’t seem to get approved, and neither can my boyfriend, who has no credit at all. It sucks.

Post # 6
Member
894 posts
Busy bee
  • Wedding: June 2012

@chittychittybanebane: I totally agree. Store cards are always the easiest and then go from there. Also, Capital One was my first card, before any store card, so I am thinking they are easy to get. My 2nd one was Macy’s.

Post # 7
Member
1326 posts
Bumble bee
  • Wedding: October 2011 - Tre Bella, Mesa, AZ

@LGenz: Ditto. It depends on the CC company and the bank. My first CC was Visa through CapitalOne – I had no problem getting a low amount ($1k). I would try a different CC company or bank.

Post # 8
Member
192 posts
Blushing bee
  • Wedding: October 2011

Try for a secured card. One of the best sources I’ve found for finding cards/comparing features is BankRate – http://www.bankrate.com/credit-cards.aspx – since you don’t have much of a credit history anyway, a few inquiries from credit card issuerers shouldn’t hurt much.

Post # 9
Member
427 posts
Helper bee

I agree with

@aheavel:…Store cards are a good start and Capital One really does approve a lot of people with worse credit than yours. I know from experience ๐Ÿ˜‰

Post # 10
Member
1626 posts
Bumble bee
  • Wedding: October 2012

I agree with a store card. My first card was Harry Ritchies. Store cards are a lot easier to build credit on. I got mine when I was 18 and because of my payment history I now have a score of 740 and I’m only 22.

Post # 11
Member
772 posts
Busy bee
  • Wedding: December 2011

You need to run your credit and look at your report. There are government sites you can do this for free once a year. You might have something on your credit you didn’t know about.  If you have to sign up for a free offer to check your credit, you are on the wrong site.

Post # 12
Member
5786 posts
Bee Keeper
  • Wedding: May 2011

FYI, be careful with store cards. The rates are typically outrageous and they may only give you a card that works in their store (i.e. no Visa/Mastercard logo).

Post # 13
Member
10367 posts
Sugar Beekeeper
  • Wedding: September 2010

Can your parents put you on one of their cards? That should help you build credit. Also, if you are still a student, there are a lot of student-specific cards.

Post # 14
Member
5786 posts
Bee Keeper
  • Wedding: May 2011

@crayfish: I thought you couldn’t add your children to your credit history anymore? People used to let strangers hop on their credit (for a fee) to help them build history immediately.

Post # 15
Member
6998 posts
Busy Beekeeper
  • Wedding: February 2011

how about a revolving line of credit? maybe your parents can help you out, but i’ve found its the best way to boost your credit – in a way its like a secured loan – you go to the bank give them $1000 (or however much you can handle) then they will give you a credit card with $1000 dollar credit limit and you make payments on it each month to boost your credit score and you will get your original $1000 back.

Post # 16
Member
1314 posts
Bumble bee
  • Wedding: June 2013

I agree try a different company or look specifically for a CC marketed toward students. They will have a lower limit but at usually more understanding of no credit history. 

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