What is the best credit card for someone to get with no credit/bad credit to help build reestablish credit?

Danyel asked:


What kind of credit card with the lowest fees would be best to get to help build/reestablish credit?
We’ve already been denied a credit card through our local bank.

Lydia

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Tags: Credit Help, Local Bank, Reestablish Credit

This entry was posted on Sunday, May 15th, 2011 at 10:54 am and is filed under Credit. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “What is the best credit card for someone to get with no credit/bad credit to help build reestablish credit?”

1. SPIFIMAN1 Says:
   May 16th, 2011 at 1:39 pm

   Try Capital One, H.S.B.C., Orchard Bank and First Premier.

   After my bankruptcy back in 2001 I used all 4 over the years and still have my Cap-1 card today.

   I raised my score over 150-points in just 18-months by using the cards for everyday things I would normally pay cash for and paying them off in full before the due dates avoiding any interest fees.

   Good luck.

2. Use Your Noodle Says:
   May 18th, 2011 at 8:33 pm

   A secured card with your bank or credit union.

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