I have a bad credit rating but earn very good money, do you know of a credit card we can take out?
Answer:
If you are making very good money, why do you need to buy on credit?
Orchard Bank offers secured cards to rebuild your credit
egg normally give a card to anyone!
http://egg.com
You can apply for a secure card through your bank. You can also try Orchard Bank..but not everyone gets one. Good luck!
if you earn good money you should get rid of all your bad debts and start afresh.
If you earn very good money I'd suggest forgetting a credit card for now and try to re-build your credit rating.
Work on the basis that if you want something and havent got the cash, wait until you do have it rather than forking out more in interest.
Aqua
Capital One give to anybody and you should get a response within a couple of minutes on their website!
try orchard bank, i have one. oh and try your bank too.
Just like the others, I say clean up your act first. If you get another card, any other card, your rating is going to go even lower.
i do believe that you can clear your credit rating, try searchin on the net
cash! no cash, no carry, no bill,
You can get a pay as you go card, from Mastercard it works like pay as you go phones, you top it up and then use it, it looks the same as any other mastercard, so there is no stigma attached to using it. It is called Cashplus, just do a search for it.
a secured card is your only chance,,go thru a/ your bank to get one. they are more reputable than an "indipendant" provider...safer.& wii make sure to update your credit. so u get credit for your fresh start.
My mum had a similar problem to you and she ended up with Capital one,hope this may be of help to you.
try capital one and orchard bank they will give to anyone. you may get a low limit but charge somethings pay your bill and you will get a higher limit. when you are in god standing for six months or more you can ask them. then after nine months or more tell them that you are getting others offers and you are interested in getting a new card with lower interest, they will lower the interest on it for you. However credit card companies don't really evaluate the money that you have coming in. Think about it like this, credit card companies lend to student but they have no jobs.
Try Orchard Bank -if that fails you can get a secured card.
Be careful typically the fees of having the credit card outweight the benefits. For instance, you get a card with a credit limit of $300.00. The fees are one time fee.$179.00, activation fee..$39.00 that leaves you with $82.00 available which is over the suggested balance limit of 35% that credit reporting bureaus prefer. If you earn good money you should be patient. Get a copy of your credit report to attack potential errors first. Getting a credit card presents more problems than solutions.
I used to have a very bad credit history, it was hard getting myself a lender. So I got assistance from a financial consultant but things didn't work out the way I expected. Good thing my aunt introduced me to a program that BCR has.are you familiar with it? if not, you go visit their team at http://www.badcreditresources.com.
I hope you'll find the right assistance you need
Have a great day
Try WWW.SUREFIREFINANCE.CO.UK they can help with credit cards, loans, mortgages etc for people with good or very bad credit history. They helped me!!
Very good money + bad credit = SECURE CARD.
Pay the secure card over 24 months ON TIME and then apply for UNSECURED CARD.
NOTE: If you make good money, these cards should only contain purchases that you will pay off in full at the end of the month.
Credit repair is a process, NOT an event.
When you are getting a secure card -- doesn't really matter which bank you choose. They will hold your money (deposit) for the account.
Orchard Bank worked well with me.
capital one is the one, you may only start with a 200 limit,but if you pay your card every month on time then it will start to improve your credit rating
royal bank of scotland might be worth a try
CapitalOne guarantee anyone a creditcard as long as you are over 18 and live in the UK.
I got one as I had bad credit also. The only downside is that they might ask for a deposit. I got a credit card with them but had to put down a 200 GBP deposit and got a 200 GBP credit limit, meaning no risk for them.
CapitalOne diligently report bad AND good credit behaviour to both Experian and Equifax (the UKs 2 major credit reference agencies) helping you get back on track to getting a better credit rating.
WIthin 6 months, it helped me to get an Egg credit card and a Barclaycard.
It's a slow process but you'll get there. Good luck with getting your credit card. :-)
I would probably suggest barclaycard for their 'initial card', failing that Capital One. You probably will not get the best rates on the market but when you use them properly, and your behavior score improves they will decrease your rate and increase your credit limit.
Then after maybe seven months when you have established a good credit line you should start gradually appying for 'rate fot risk' cards until you get the one that suits you best.
Will take time but worth it in the end!
Beware when applying though for other cards as too many searches too quick can show credit desperation and alarm new companies.
Good Luck!
If wanted one I would say Egg, however as you are finding it hard, I would suggest keep clear of the credit cards as it will only increase your debt as the interest will be crazy.
Go to any national bank like Bank of America and tell new accounts you want to open a secured card. You'll make a deposit into a savings account.
Using a national bank helps your credit, rather than hurts it with other secured cards or cards like Orchard, Cap One, First Premier, Providian and Household.
NATIONAL banks.
Go to www.LearnAboutCredit.com
Try Vanquis bank how ever the do have low limit and charge up to 49%A.P.R.Tel:08708507755
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