Have you been approved for credit in the past, or is this your first time?
The first thing you might want to do is find out why your credit is bad. If you have anything outstanding: unpaid phone bill, student loan...
these will be reflected on your credit report and as soon as you settle out everything owing or make a payment arrangement that the collection company or unpaid provider( there will be a corresponding phone number for each item listed). Each time a collector does a credit check on you, it affects your credit score in a bad way.
For example, I owed roughly $1500 in unpaid interest on my student loan and the collection company that they sold the debt to or hired to collect for them were hitting up my credit info 4 times a year! : (
Second, you can get yourself one of these guaranteed approval credit cards:
http://www.capitalone.ca/credit-card...ageName=Things to Know About Credit&PortletLocation=2&ComponentName=ca_primary_ nav&ComponentStrategy=&ContentElement=3%3BOur+Cred it+Cards&TargetLob=MTS%3A%3ALCTMMQC4S&TargetPageNa me=Credit+Cards+Home&linkid=&email_delivery_id=&re ferer=&external_id=
(sorry about the long link lol)
These are prepaid cards, and my understanding is that many banks offer them, so if you have a bank account already, you could go and ask the bank teller.
Anyways, the way it works is the bank will you have to pay them say $300 if your credit is bad OR if you don't have any credit and the card limit is $300. There is usually an annual fee to pay to use the card, Capital One is $59/year, and as long as you pay your bill on time for just over the minimum amount, you get back your deposit and you can have an improved credit score in about 2 years. Btw, you don't have to spend the entire amount, even just making a $10 purchase each month and paying your full balance will be effective in this strategy
I applied for one of these after I paid off my unpaid debts that were showing on my credit report. I figured, even though my credit was pretty bad and I couldn't get approved for any others, a guaranteed approval prepaid credit card, and after a few months, I re applied for a different credit card that denied me a year before and I was approved.
Hope this helps: )
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