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     | Friday, January 07, 2000 - 04:12 am  Creditnow? Futurecard? 1st National? Any success getting creditnet's recommended cards for damaged credit? Any success getting a creditnow global-1 or creditlink visa (unsecured), or first national credit card (unsecured or secured) or a futurecard (unsecured) or a western security bank (secured) *** some of these want at least one credit reference that is 6 months or older. I don't have any established credit and I'm 25 years old. (no credit and nothing bad either, just a few inquiries that resulted in declines) thanks for your help! sterlingdesmond@usa.net
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| | Friday, January 07, 2000 - 06:59 am I always recommend First Consumer's National Bank or Orchard Bank but I understand a lot of people have been impressed with the secured Optima Card from American Express. No annual fee and $200.00 security deposit.
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| | Friday, January 07, 2000 - 09:32 am I agree with Sean about First Consumer's Bank. They seem to be highly reputable. However, Credit Now and Futurecard advertise on my site, and I have checked these guys out pretty thoroughly before letting them advertise, (legit bank, no complaints). Futurecard has been advertising with us for over a year and I have not received ANY complaints about them, Credit Now has been advertising for 6 months, ditto.
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| | Tuesday, January 11, 2000 - 01:16 pm AVOID FIRST NATIONAL CREDIT CARD at all COSTS! I recently (August) applied for a crd with a "$2500" limit for a processing fee of $29. I did see that there was a one time processing fee when approved of $119, an annual fee of $50, and a monthly fee of $6. When I got the card in the mail today (January 11) after tracking them down twice, I fould that the card only had a $75 balance. They said that the card "might" be $2500, but mine was issued for $250. Already $175 in debt. So I got a card, a $175 bill, and the pleasure of having $75 credit to spend. What a deal.
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| | Wednesday, January 12, 2000 - 07:10 am Beware of cards that say "Up to $2500" or some other such nonsense. I applied for a Cross Country Bank card with a co-signer who had a 700+ FICO score and an income of 6 figures and got their standard $350 credit limit (the lowest line possible) and a year later applied for another Cross Country Bank card with worse credit and NO co-signer and got the same $350. Always assume the lowest possible credit line because it's almost guaranteed that's what you are going to get. Just my personal experience.
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| | Friday, January 14, 2000 - 04:45 am I also love this one.. A couple times a year Capital One sends my wife an upgrade offer for her card. She always loves the nice 'could' increase your limit etc. But when I read the fine print all it says is a lot of coulds and the only definite thing they will do is increase her annual fee. Needless to say, she still has to lower card.
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| | Thursday, January 20, 2000 - 03:26 am Holly - The companies issuing cards to high-risk individuals, regardless of who your co-signer is or what his/her scores are, can't very well offer thousands of dollars worth of credit to every single person that applies and is approved. Hence, the "up to [insert amount here]". If a person was a good risk to begin with, he/she wouldn't have to use CCB and he/she would have a higher credit limit and lower interest rate from other institutions. The purpose of the high-risk CC issuers is NOT to give you a big 'ole credit line so you can run out and get that wide-screen HDTV and SuperDelux stereo. It's to help you rebuild a credit history. Given that, you've got to learn to walk before you run.
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