Department store credit cards for bad credit

Note: To increase the success rate, you can visit the store online and add about $100 items to the shopping cart, and then checkout. In the process, you may receive a credit card offer, accept it and apply.

If the offer comes up, your success rate will be greatly improved.

Does Applying For Credit Cards Affect Credit Score?

No, credit will not be affected even if issuer rejects the credit card mentioned above application. Because the issuer’s pre-approval process will not push your full credit report.

Currently, issuers check credit score by two types of credit checks: soft credit checks and hard credit checks.

In the pre-approval process, credit card issuers ask a list of consumers that meet certain criteria from the credit agency, such as individuals with specific credit scores. These people may be fit for a certain credit card.

Can I Keep My Credit Cards If (After) I File Bankruptcy?

Yes, you can. Some companies will allow you to keep your cards after bankruptcy. But it also needs your bankruptcy trustee’s consent.

When you file for bankruptcy, you need to declare your financial status to the trustee, including all your credit cards.

They may not allow you to keep those cards. So a helpful and friendly trustee is like an angel that God sent to help you.

Will My Credit Score Increase After Bankruptcy Discharge

Yes, your credit score will go up after Chapter 7 discharge. Bankruptcy is one of the factors that credit reporting agencies calculate credit scores. After bankruptcy discharge, its impact will lessen over time.

Of course, in order to have a good credit score, you need to do the right thing right now. In the following post, you will see the suggestions.

How Can I Clear My Credit Record

In life, you may accidentally leave a negative item on the credit report, like a late payment. Credit is important, and then you want to know “how to clear my credit history”

You have two choices: buy a service from a credit repair company if you wouldn’t like to spend your time or clear the negative items yourself.

Here, you will know how to do when you decide to do it yourself.

You need to send a letter to the credit bureau and state that the negative details is wrong, it is not your account or you have not paid late. The point is that you need to keep doing it every three months or so.

Under federal law, the credit bureau must investigate and verify the items within 30 days.  (as the investigate period is 30 days, so you may see some credit fix companies claim “fix your credit within 30 days”).

The credit bureau is busy and may not complete the investigation within the time limit. But it is mainly because of creditors.

They didn’t verify your information within that time frame or the staff didn’t respond to re-verification because it was extra work.

Many creditors may give up punishing you after you have corrected your mistake, so they don’t respond to re-verification. Some creditors keep only customer information for about two years to save money, so removing old blotches is easier than new ones.

It takes patience and time.

How To Raise My(Your) Credit Score In 30 Days

The five factors that determine your credit score are: credit utilization (30%), payment history (35%), types of credit in use (10%), length of credit history (15%), and new credit (10%).

So how to improve your credit?

  1. Use the above-mentioned method to clear your credit report. It’s easier to remove old items, and you should prioritize them, which will help you improve your credit in the short term.

  2. Pay off debts. You should pay off the debt as much as you can. This method will significantly improve your credit score within 30 days.

  3. Pay in time. A good payment history shows a healthy financial situation. If you need to rebuild the credit but don’t have a credit card, try applying for a store credit card.

  4. Type of credit. Revolving debts (e.g., credit cards) and installment debts (e.g., car loans, mortgages) are helpful and convenient for our lives. To get a better credit score, you should have a good mix of them.

  5. Don’t close revolving account like your credit cards. The longer the credit history, the higher your credit score will be. If you no longer need some credit cards, cut up them after paying off your bills.

  6. Limit the number of credit applications. Frequently opening new credit account reflect you may be in financial trouble and the credit bureau will lower your score.

If you don’t know how to do, follow Chase’s 5/24 Rule,    which is to open five new accounts within 24 months.

Credit Card Help Non Profit

If you’re facing credit card debt problem, bankruptcy, or other financial difficulties, a credit counseling agency can help you and offer professional advice.

There are a lot of credit counseling agencies, but many of them are bad, so you need to use search engines to research. Here are some useful standards you will need.

Credit counseling agencies are broken down into 2 categories: for-profit and non-profit. Nonprofit credit consulting agencies tend to be most trustworthy, although they also charge for their services.

A good credit counselor will send you free service information, and you don’t need to provide any information. You don’t have to worry about that the personal information will be used illegally.

The U.S. Department of Justice provides a list of legal credit counseling agencies, but it is still necessary to review the costs and service details.

Finally, it is important to note that someone who’s unethical work both in the for-profit and non-profit organizations to gain more benefits.

Will Disputing Items On Credit Report Raise My Score

Yes, disputing items will increase your score. When you dispute an item, this negative item will be excluded from the credit rating model.

Using this method, you can temporarily improve your credit score and apply for a credit card.

Best Reason To Dispute Credit Report

Which reason is best to have negative items removed from your credit report? Overall, there are two types of reasons that you can use to dispute the credit: “not late” or “not mine”.

In fact, as long as you clearly indicate that the negative details you are submitting as “not mine” or “not late”, the credit bureau will accept your statement.

However, to get negative information removed, there is only one reason that is not enough, and you need a good process.

(Since a positive listing is better than no listing, when you dispute a “late payment”, you should use “no late”. “Not mine” should be used for all other items.)

  1. Tell the credit bureau exactly what you expect from the investigation. Delete all negative information or remove late payments.

  2. The dispute must sound credible. The credit bureau will reject ‘frivolous or irrelevant’ disputes. For a real consumer, there are always sentences like this in his letters “my sister works in a bank, and she tells me that these items are incorrect and can be cleaned up.”

  3. Don’t write as an expert as to that. Ture consumers will not quote the law like a professional in the dispute letter. Once credit bureau suspect that you are using credit repair services to restore credit, they will refuse to investigate your request.

They are interested in helping consumers only when they make mistakes and list the negative details on credit reports. They are afraid of being sued.

  1. Send a dispute every three months or so. If you dispute more frequent, the credit bureau will toss the letter into the “frivolous or irrelevant ” box.

Department store credit cards for bad credit