I keep being denied a credit card so what do I do? I'm full-time college student and work one full-time job so I have income, but I need a credit card to build up my credit so I can buy a car.
Years ago, you wouldn't have been shocked to see first-year college students get starter credit cards just for setting foot in the nearest dining hall. Banks assigned lower-risk categories to students, assuming they'd earn higher-than-average incomes after graduation. But, the realities of a post-recession economy and pressure from consumer advocates stopped the flow of easy [...]
Student Credit Debt
If I stop paying my credit card, will the credit card company write off my balance?
Maybe, but there's no hard and fast rule about when or why a bank might "charge off" your credit card balance.
Credit Card Debt Help
Will going from a secured credit card to an unsecured credit card improve my credit?
That depends on how your bank reports your account to the credit bureaus. Many credit-scoring algorithms assign points based on the length of your overall account history, the age of your oldest open account, and the number of lenders reporting positive status.
Secured Credit Cards
How long should I wait before applying for another credit card?
The answer can vary, depending on a variety of life events you can expect to happen over the next few months or years.
Credit Scores Reports
If I just filed for bankruptcy at the beginning of the year, when can I get another credit card to start building back my credit?
Nearly two out of three bankruptcies in the United States happen because of medical bills, unexpected job losses or other reasons outside consumers' control.
Build Rebuild Credit