How to Get a Credit Card for People With Bad Credit
- 1). It is not impossible to get a credit card with poor or bad credit and if you look you will find that there are a lot of credit card companies out there. Do not run around applying to multitudes of credit card companies, hoping that one will give you a credit card,Applying for multiple cards can hurt your credit and put you in a worse situation than you are now.
- 2). The bigger credit Card companies are going to reject you more than likey try and find companies that deal with poor or bad credit specifically these companies are going to have a high interest rate but are willing to take the risk.
- 3). Rebuild your credit with small purchases. Dont pay off the credit line immediately. Credit Card companies are in a business to make money and you pay your bill off every month they are not making any interest off you. You need to put small purchases on the card and allow 2-3 months to go by to pay the bill in its entirety.
- 4). Talking with the compnay on the phone compared to just filling out an application has worked for many. You need to put a personal touch on your circumstance as to why you have bad credit. This cannot be done when just processing an application.
- 5). Stay optimistic. You may get a few no's before you finally get a company to take a risk and give you a line of credit. When this company does stay in good faith with them and don't expect them to give you a huge line of credit right away. Earn their trust.