.....



.....
Last edited by BringOnTheMen; 07-28-2012 at 10:49 AM.





offers a 'college package' that is exactly what you're looking for ... no fees checking, no fees savings account, and a ( subprime ) Visa card with little credit history expected for approval !





Provident Credit Union as Mel suggested has a good offering. Beyond them, I'd look at other local credit unions. They are usually the best.
Z
I really like PNC Virtual Wallet. It's free checking/reserve/savings and if you have more than 1500 in your accounts you get a bunch of other benefits like free ATM use and refunded non-PNC ATM fees and better rates. I use the checking as checking obv, the reserve as short term savings for school quarterly bills and the savings as money I dont touch. The reason I like it so much is because it's VERY customizable online and has tons of features (spending bar shows your how much cash you'll have free after your bills, online bill pay, can track how much you spend on food/gas/etc), it gives you a calendar layout and you can see how your bills are coming in/out every month and it really gives you nice graphs and stuff. I'm a very visual person and like to see exactly how much I make and where it all goes and how much extra I have so I love those features...I'm always typing in my goals and stuff.
Honestly you have to look at it to get the full effect but heres their overview if your click explore you can go through all the features,:
https://www.pncvirtualwallet.com/





Melonie, what do you mean by subprime? Right now I realized that I have a negative mark on one bureau but it's supposed to fall off in a few weeks, and after I pay off my current cards my score should be back in the 700s, with the only negative things being that all of my accounts are still very new and the amount of hard inquiries in the last year.
The term 'subprime' when applied to credit cards or auto loans or mortgages basically refers to high risk borrowers. Risk factors involve the lack of a regular weekly employee paycheck, the lack of 2+ years worth of IRS tax return income history from operation of a business, etc. This is a direct result of recently enacted new regulations on lenders that require would-be borrowers' actual income levels be verified as a condition of loan approval ( and a non-prepaid credit card is just another form of unsecured loan). The result of being classified as 'subprime' are higher interest rates, higher fees, and less favorable terms ... which are imposed by the lenders to offset the expected higher delinquency / default / bankruptcy loss rate of the 'subprime' borrowers. Credit score / history are certainly contributing factor the bank loan officer's 'risk factor' evaluation, but 'officially' verifiable income is now a major factor as well. These days you can have an unblemished credit report, but if your 'officially' verifiable income level is very low that factor alone may result in disapproval of new loans / credit lines.
This new income verification requirement leaves dancers and camgirls ... and particularly part time dancers and camgirls ... at a major disadvantage when applying for credit in any form. From the standpoint of a bank loan officer, if a relatively 'new' dancer or camgirl applies for credit, cannot provide 'employee' check stubs proving that she can be expected to earn x dollars per week on a regular basis, cannot provide two years worth of past tax returns proving that her dancing / camming business has in fact produced y average dollars per week of income, etc., then her current income level is impossible to 'officially' verify. Bank deposit records in this regard are certainly better than nothing, but they are not 'official' proof of income since the deposited money could have actually come from any number of sources which may or may not be 'repeatable' in the future.





From the point of view of a bank loan officer, without 'official' income verification, they just approved a $300 to an 'unemployed' person !I don't mind paying higher interest rates but I'm annoyed that the only card I could even get had a limit of $300
There is no 'constitutional right' to credit !





Schwab sounds like they have a good checking account.
http://www.schwab.com/public/schwab/...ecking_account
Bookmarks