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My Version of the "Credit Repair 101" Index


Jen23514
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Can someone elaborated what is so bad about this card. I am a newbie so I may not fully understand but the only problem I see is the annual fee charged monthly and the high APR. It may not be ideal but it is one of few options available tome with a credit score of 550 and with a bankruptcy (now removed but there whenI was approved) and a delinquency judgement from a repossed auto unsecured. As long as you don't carry a balance and pay on time, what's the problem? To be honest I was looking for a pre-paid card or something with a credit builder program that reports to all 3 bureaus monthly but those don't seem to exist anymore. I think of the annual fee charged monthly as one of those fee based credit builders. Sure, I could get secured cards with lower fees but first you have to come up with the money and 2 years ago when I first applied money was extremely tight. I'd rather use the money to pay for delete some of the numerous small collection accounts I had then put it as a security deposit. If there is something more I should consider regarding what's wrong with the card please share. Thanks

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Can someone elaborated what is so bad about this card. I am a newbie so I may not fully understand but the only problem I see is the annual fee charged monthly and the high APR. It may not be ideal but it is one of few options available tome with a credit score of 550 and with a bankruptcy (now removed but there whenI was approved) and a delinquency judgement from a repossed auto unsecured. As long as you don't carry a balance and pay on time, what's the problem? To be honest I was looking for a pre-paid card or something with a credit builder program that reports to all 3 bureaus monthly but those don't seem to exist anymore. I think of the annual fee charged monthly as one of those fee based credit builders. Sure, I could get secured cards with lower fees but first you have to come up with the money and 2 years ago when I first applied money was extremely tight. I'd rather use the money to pay for delete some of the numerous small collection accounts I had then put it as a security deposit. If there is something more I should consider regarding what's wrong with the card please share. Thanks

Which card?
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This is perfect!! Thank you, on behalf of all of us

Looking to repair me and wife’s credit. We have some collections and some inquiries we would like to remove, any help or ideas from anyone?


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