How to Get Unsecured Credit Card With Bad Credit

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If you have a bad credit history, an unsecured credit card can help you repair your credit score while providing you with a convenient way to make purchases. Unlike a secured credit card, an unsecured credit card doesn't require a cash deposit before you can use the card. In addition, the Federal Trade Commission warns that some secured credit cards do not report to the credit bureaus and these cards cannot help you build a better credit rating. Fortunately, you can get an unsecured credit card even if you have bad credit.

  • Talk to your bank about an unsecured credit card. Although you lack a positive credit rating, your bank can evaluate your assets, employment and spending habits and may approve you for an unsecured credit card despite your credit history.

  • Visit OptOutPrescreen.com and "opt-in" to receive free credit offers. This is a consumer credit reporting industry website. Once you opt-in, credit bureaus will provide third party companies, some of them credit card companies, with your credit information. If you meet a credit company's basic criteria, you might receive credit offers in the mail. This is a good way to find out which unsecured credit cards you qualify for with poor credit.

  • Call credit card companies that specifically cater to individuals with credit problems, such as Household Bank and Orchard Bank. These credit card companies will review your credit history and inform you if you qualify for an unsecured credit card.

  • Ask a family member or friend with good credit to include you as an authorized user on his unsecured credit card account. A continued positive payment history on the card will then appear on your credit report, boosting your score. The credit card company will also send you an unsecured card of your own to use.

Tips & Warnings

  • Opting-in on OptOutPrescreen.com is only necessary if you have opted-out in the past. Otherwise, you are included in the system automatically.
  • Negative information does not remain on your credit report forever. The Fair Credit Reporting Act places strict limits on the amount of time creditors can report derogatory accounts--usually seven years. If you display good debt management habits, your credit score will naturally improve over time.
  • Don't ever call a 1-900 number to inquire about an unsecured credit card. The Federal Trade Commission warns that some companies advertise credit cards only to fool consumers into accruing high charges over the phone by calling these numbers .

References

  • Photo Credit credit card and pen image by PaulPaladin from Fotolia.com
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