If you’ve had a serious financial setback, it can really hurt your credit score… even to the point that you may not be able to get a conventional credit card. And if that’s the case, it can be very difficult to get your credit back on track.
First and foremost, you’ll want to try and clear up the worst of the mess you’ve made of your credit score. Pay off as many of your delinquent accounts as possible, dispute any errors that you find on your credit report, and start trying to rebuild your credit as soon as you can. But, how can you rebuild your credit if no one will give you an actual credit card?
Actually, there are a couple of good, solid options when you can’t get a conventional credit card –
Not an Access Card
Apply for a catalog shopping card, such as a Fingerhut Credit Account issued by WebBank. Catalog cards, and Fingerhut in particular, make it their business to work with customers who may not be able to get credit anywhere else. And even if you aren’t approved for a regular Fingerhut account, you may still qualify for their “fresh start” credit program, which would require you to put down a small deposit with your first order. Either way, with Fingerhut, you’ll be able to shop from among hundreds of thousands of reasonably priced, name brand products, with competitive pricing, and an interest rate that is inline with other catalog shopping sites. Plus, Fingerhut reports your responsible purchase and payment history to the major credit bureaus, so you can improve your credit score and still have the purchasing power you need. From personal experience, I’ve seen what opening a Fingerhut credit account can do to help you improve your credit score, and I highly recommend this option.
Get a secured credit card. Getting a secured credit card is the guaranteed way to have a credit card, even though it’s not exactly a conventional credit card. With a secured credit card, you’ll have to deposit money up front, and then the credit card provider will issue you a credit card with a credit limit that is typically equal to the amount of your security deposit. You’ll then use the credit card just like a conventional card, making payments towards any purchases you make, and they, in turn, will report your responsible use and good payment history to the major credit bureaus. Most secured cards have a very reasonable interest rate and many even convert to a conventional credit card after a certain period of time.
Either way that you choose to go, or perhaps both ways if you have the ability to do so, you will see the improvement that you need to see in your credit score as long as you demonstrate responsible usage of the credit that you get. Just remember, it takes time and determination to get back on track once you’ve had financial problems, but it can and it must be done!
With the unseasonably cool temperatures over most of the country, it’s beginning to feel like Autumn… Already there are ads running for fall decorating, pumpkin spice everything arrives in just a couple of weeks, and you know that Christmas isn’t far behind (about 137 days or so, to be exact).
Have you given any thought to how you’ll be able to afford Christmas shopping this year?
Not an Access Card
Like it or not, the Christmas shopping season is literally almost upon us – or at least upon those of us who start shopping in September rather than wait until the last minute. What about you? Will you be an early shopper this year? Or will you wait and hope for a money miracle? Personally, rather than wait for an unexpected windfall, I’d much rather plan ahead, order as much as I can online, and then sit back and actually enjoy the season once it actually arrives. And a large part of that planning (and shopping) usually involves Fingerhut.
Unlike a lot of catalog shopping sites, Fingerhut has thousands of name brand, popular products available at competitive prices, and even better, they list the monthly payment amount right alongside the full cash price of the item, so you can see how your purchases will fit into your budget after the holidays have come and gone… there will be no ugly surprises come January! And, just like most other shopping sites, Fingerhut has sales, special offers, and even promo codes, so you can really get some good deals if you shop as carefully as I do.
Fingerhut even has a giant Christmas catalog that they’ll send you in the mail once you sign up for an account. (Honestly, their catalog reminds me of the big “wish” books of years gone by – there are so many things to choose from. Toys, electronics, clothing, shoes, home furnishings, holiday decor, and more!)
And, that’s not all. With Fingerhut, it’s easy to fill out the application (just answer a few simple questions), get approved (most people do), and start shopping today!
Unlike a lot of places, Fingerhut really works with those of us with less than perfect credit. Not only do most people get approved for a Fingerhut Credit Account issued by WebBank, but a Fingerhut account can actually help you improve your credit score, first by reporting your regular payments to the major credit bureaus and secondly, by extending credit in the first place (giving you that all important “available credit” that accounts for about 30% of your credit score).
It’s not often that we find a new site that is as awesome as this one! Even if you’ve been turned down for credit before, EasyPlum makes applying for credit to buy the things your family needs, wants and loves, quick and simple!
Even better, when you apply for an Easy Plum Credit Account issued by Klarna, you’ll get an answer instantly, which means you could start shopping right away. Easy Plum works with people every day who have (or had) credit challenges! Even better, Easy Plum helps you build your credit history and buying power by simply making your payments on time. Easy Plum reports your payment history to the major credit bureaus to provide you with great value for your hard earned money.
And, Easy Plum offers the latest in electronics, furniture, appliances, outdoor products, jewelry and more, with financing options to help make it all affordable for you! Once you’re approved, use your credit account to shop thousands of brand name products including HP, Cuisinart, Samsung, DeWalt, Panasonic and so much more at EasyPlum!
Easy, Fast & Secure. EasyPlum.com Instant Credit! Find Out Now & Shop Brand Names Today!
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.AcceptRead More