Welcome cyber travelers! I am your captain for this voyage! My name is Cap'n Dartanian. Welcome, I am delighted you have decided to board my vessel. Aye, you have come from the desert mmmhmm I know. Like water you gotta have it if you want to get anywhere on these high seas! The Royal Navy has no kindness for the likes of you! You're in luck Matey's! I will tell you step by step how to become successful in these shark filled treacherous waters.
So then, you are a sea slug and you can't get any ship to hire ya on. Not to worry after you leave my ship you will be well on your way to better days! All the sea scum that board me ship ask me this'
bbbut Cap'n Dartanian I aint gots no credit how can I get me some? To these sea dogs I reply, I got the know that ya seek so open your ears and shut yer mouths!
The first ting you need $$$ yar tis be right you need dem Doubloons! yell far your marm for it, serve on a ship for it, server chow for it anythin ya like! Just get it, and don't be sayin bbbbut Cap'n.. If you want butts ya aint in the right place! No excuses!
The vary second ting ya need is a bank account! This is step two.
Yer best bet is dem credit unions, go ta every single bank until you get dem to open you an account.
Don't be tellin yer Cap'n bbbbut Cap'n I CAN'T get one! Ya Scallywag what do you think ya arrrr in the 16th century! Get with the times and get a bank account!
The third ting be to get is a secured credit card through yer bank
a secured credit card is nothin more than a credit card you are funding with yer own doubloons. Yar can't be expectin some other Buccaneer trust yer sorry behind. So lets be sayin you put down $300-$1000 doubloons. It is very easy to get a secured card because you are borrowin yer own booty!
The fourth ting you need is time give yourself six months of paying on your secured credit card.
You sour sea dogs better know don't ya dare be late making your payment! And don't you dare max out that charge card! %30 percent of the max. So if you be with a 300 dollar card you best not be usin more than $100 and if you do I will hunt your sorry self down and toss you into the rough seas to meet Davy Jones!
A few tips:
Don't miss your payment always be on time
Every time you apply for a credit card it is considered a hard inquiry. This will make your points drop on your credit score. You may think it is low, but trust me it can always go lower.
If you get denied even a lousy credit card a few times that means your credit is in serious trouble. Don't apply for any more cards, go straight to a secured card.
DO apply for more than one secured credit card. You want 3-5 credit accounts open in your name. When it comes time for a creditor to review your credit report it will look good.
This is tested information this is not hear say or theory. My personal story:
I never liked credit. Times got bad the one credit card I had I maxed out and defaulted. I got sick of the rudeness of the collection agency and said forget you people! I went straight down to the bank where I took out the credit card. I had just cashed my check and had hundred dollars bills stacked in my wallet.
I marched into the bank and said I am here to pay a debt. At first the man said he had to get permission to take care of the debt since it was years defaulted. I said, hold on. I have cash right here in the full amount that I owe your bank. You are a bank aren't you? You can take my money! I laugh about that memory now. Needless to say he pulled the strings I handed them the cash (my entire paycheck) and I closed out the account. Let me tell you what a good feeling!
I kept getting declined on every card I tried to get. Even Orchard bank which is known for very high interest wouldn't come near me. I kept applying like to Walmart and places like that, they wouldn't give me the time of day either. Finally I learned the lesson, I went down to my bank and got a $300 secured credit card. They denied me online when I applied! can you believe it I got denied to borrow my own money! So, if you get denied go down to your bank and ask why. Talk to an agent and plead your case.
I spoke with the agent from my bank who approved credit cards, and I assured them I was being responsible. They said OK, Yeah baby Woo! I cheered. No no, that came AFTER I left not at the bank, you think I want them thinking I am three cards short of a deck! Like a good lad, I would pay my card off in full a couple times, made my payments on time when I had a balance.
Six months later I tried to get an increase on my secured card, I was told sorry you have only us as a creditor. That is when I found out more accounts is better. I did some poking around and found out that Fingerhut was lax about giving credit. I applied for credit there and got approved on the spot for $250! Prior to that I had received a Capital One credit card offer in the mail. I applied to them with little anticipation, a week later a received an e-mail YOU ARE APPROVED!
Keep in mind everyone, if you have thousands in past debt and are in collections you got to get that debt paid off. Do not even bother trying to get a credit card until you get those debts out of collections, or that massive delinquent debt resolved. Coming into credit I think I had one or two debts in collection which were like 7 years old and they were for paltry amounts.
This is my story, I know it works because it is what I did for myself.
Thanks for reading everyone and happy credit hunting!
If you would like to contact me my e-mail is:
Ninjight01@yahoo.com
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