try these cards and see if first premier bank is still issuing cards. i had 2 of them about 18 yrs ago and my limit was around $300. but remember, even with a small credit card, just spend a small amt. and pay the whole bal. ;). try not to max it out. https://www.creditcards.com/no-credit/
do you have a credit card? do you have a car payment? paying on time and only using a small amt. on your credit cards and paying off the whole bal. works for me. i'm already getting offers from other credit cards...of course, i won't say yes to every offer 😄
I applied to 2 secured credit cards, Capitol One and Discover, it went up 45points, i used Lexington Law to dispute some things on my report when up another 70 points, thats over 100 points in 5 months time,
Going to collections hurts initially but will never hurt the account again. If you can afford to pay it off, do so, if not first dispute it (even if it's legit, if they don't acknowledge the dispute it comes off your report) then forget it, don't answer their calls ignore them. It will go away in 2 years.
Pay your credit cards off then spend 30% of your limit and pay it off every month. With Time you'll recover.
Here are some thots:
(1) When I make a request for a copy of my "CREDIT REPORT" from the 3 big CRAs (considered a "SOFT HIT"?), am I not getting a copy of my "CREDIT FILE"?
(2) What is the difference between the "CREDIT REPORT" that I request from the 3 big CRAs (considered a "SOFT HIT"?) and the "CREDIT REPORT" that lending institutions request from the 3 big CRAs (considered a "HARD HIT") when I apply for credit from them?
(3) If the lending institutions are receiving the same info I am from my "CREDIT FILE", via the "CREDIT REPORT", then should I not be able to give them a copy of the "CREDIT REPORT" that I requested, thus saving my "CREDIT FILE" from suffering the "HARD HIT" that it would if the lending institutions requested a copy?
(4) I raised an issue with EQUIFAX when my HELOC (at $68K) secured by my real estate property (dwelling & land) as collateral, was lumped with my unsecured CCs (at $8K, because it skewed my credit available to credit used ratio, causing a 50 point drop to my credit score. When my HELOC was removed from being lumped with my CCs, my credit score raised 35 points over 2 months. AND, when I paid off my CC balance, my credit score raised another 15 points over 2 months, which put my credit score back where it was before the lumping occurred...
(5) Irrespective of the total amount of credit one has available, when that total amount is used, and not paid back by the time the 3 big CRAs query your credit lending institution(s), the credit used/credit available ratio is 100%... AND, this promulgates a very rapidly deployed large reduction in one's credit score over a very short period. Paying off this credit used as fast as possible is a good way to raise one's credit score, albeit a much slower process than when the credit use was maxed out. In fact, even if it were possible to pay back the large balance owed all at once, it would still take a much longer time to raise your credit score than it did to lower it.
(6) Altho it could take years to repair the credit damage due to foreclosures, collections, garnishments (and whatever else caused the decline of one's credit score), once that time frame is behind (and payments are not), it does appear that a good (albeit time-consuming) way to get to and to keep a good credit score is to have a long credit history with a favorable credit available/credit used ratio (<30% is kicked around, but reality dictates <10%)...
(7) An even better (faster) way is to employ the method used in (6) above, but pay off the balance owed EVERY BILLING CYCLE!
SO, that's my story & I'm stick-Intuit! (Yah...I can almost hear your groans...but I think this form of punishment is far less severe than what we are made to suffer from the 3 big RCAs should we not jump thru their ever-smaller flaming hoops...)
Well...it never occurred to me that I would be responding to my own post, but never the less, here I am. Apparently I briefly suffered from some brain flatulence / senior moment, as I was putting the finishing touches on my post...in the last sentence CRAs is misspelled as RCAs...my most humble apologies...
unless you don't need to: rent an apt, get a car loan, house loan or business loan. i've made mistakes with credit cards in the past and now have good credit going onto excellent credit. so i don't mind sharing my tips and what's working for me with other customers.
that's exactly what i do! spend a small amt. and pay the whole bal. off. my score jumps about 40 pts. each month, i can't believe it! too many people max out their credit cards and only pay $10 a month. having little to no debt looks so much better on your credit report.