I'm aware of the crazy exhorbinant fees involved, but our credit is well, dented to say the least from a period of bad events that set us back. We desperately need to re-establish credit but we want to know if this is the way to go or if there is a better card company out there that doesn't charge so much. We can't get a car loan or we would do that. Got to start somewhere. Opinions?
Is First Premier Visa a total ripoff or the only way to re-establish credit?
maybe get a %26quot;secured' credit card to start - its actually like a debit card and the limit is set by what money you put in the account - dont pay any fee to any of these guys..
Is First Premier Visa a total ripoff or the only way to re-establish credit?
No it is not a total ripoff but Orchard bank has better cards for re-establishing credit they are avialable here
http://www.dgftaworld.net
Is First Premier Visa a total ripoff or the only way to re-establish credit?
Secured Credit Card is the way to go. Keep charging stuff on it, and paying it off.
If you can afford the deposits, open a card in each of your names separately.
God forbid, but if you get into a bind again, you can perhaps save one persons credit to sacrifice the other.
If you can, establish a reserve of cash in case %26quot;bad events%26quot; happen again. You don't want a temporary slip-up to trash your hard work.
Yes, you're going to pay some high fees, but that's the facts of your life right now.
Is First Premier Visa a total ripoff or the only way to re-establish credit?
%26quot;Secured%26quot; card is the way to go. A normal credit card is unsecured. A secured is where you put up the money in advance for the credit bank to hold on to. You will only be allowed to borrow as much as you put up. Their is usually an annual fee and the interest rates are high. But if you use it at least once a month and pay your bills on time for a year you will develop a reliable history. You have to use it or you can't develop a score. After you have had it a year, apply for some better deals and then cancel the card and you will be refunded your money back. Shop around for secured cards at www.bankrate.com.
After 6 months with a secured card you might be able to get department store cards and gas cards. They will help your credit if you use them at least once a month and promptly pay them.
Be sure you get your 3 credit reports and satisfy all judgments and debts. Make sure all the information is accurate. Believe it or not they actually blend a lot of people together. My father and I originally just had one report in common because of similar names. Also, you want to make sure that no one has any lines of credit out in your name.
Is First Premier Visa a total ripoff or the only way to re-establish credit?
Don't get a first premier card! I agree they are a rip off! You need to pull your credit reports and consider dispute stuff that are incorrect or are being report wrong. Get you credit scores from myfico.com After that you can go to www.whogavemecredit.com and do a search with your scores. When I started to rebuild my credit, I was able to get store cards like walmart and target. Regular credit cards I was able to get were the bank of america secured and Hooters Mastercard. Hopefully that will help you. Good Luck! It's a long road to rebuild credit.
Is First Premier Visa a total ripoff or the only way to re-establish credit?
the only thing I know about first premeir is they wanted a 7.50 fee to pay on the net...I cancelled it imediately.
Is First Premier Visa a total ripoff or the only way to re-establish credit?
Stay away from them. Alot of banks do offer secured credit cards. And by that I mean reputable banks. Call the banks in your area and ask. Some banks keep this quiet. But it doesn't hurt to ask.
Is First Premier Visa a total ripoff or the only way to re-establish credit?
well how much rading can you do? here you go:
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if they help, remember me please good luck.
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