Question: What Store Card Can I Get With A 550 Credit Score?

How can I build my credit fast?

Steps to Improve Your Credit ScoresPay Your Bills on Time.

Get Credit for Making Utility and Cell Phone Payments on Time.

Pay off Debt and Keep Balances Low on Credit Cards and Other Revolving Credit.

Apply for and Open New Credit Accounts Only as Needed.

Don’t Close Unused Credit Cards.More items…•.

Does Capital One instant approval?

Instant Approval and Use: Capital One Secured Mastercard – $0 annual fee. … Instant Approval: Credit One Unsecured Visa – $0 to $99 annual fee. Instant Approval: Discover it Secured Card – $0 annual fee.

How much does Capital One increase your credit limit?

Some users report getting $500-$1,500 initially. Capital One may increase your credit limit after you make your first 5 monthly payments on time. After the first 5 months, they will review your account periodically to see if you deserve a higher limit.

What is the easiest department store credit card to get?

Fingerhut Credit AccountThe easiest department store credit card to get approved for is the Fingerhut Credit Account, but that’s only if you count an online retailer / mail catalog as a department store. It’s the only store card you can get with bad credit.

Can I get a store card with bad credit?

Cards for Bad Credit from Online Stores If you’re looking to build credit while shopping at your favorite online retailer, a store credit card may do the trick. While several online-only retailers offer store credit cards, only a few accept bad-credit applicants.

What credit score do you need to get a Capital One credit card?

You may need a score of 570 or higher to be approved for the Capital One® Platinum. A score in the 580 to 669 range is a fair score, while a score of 670 to 739 is considered good.

Does Capital One build your credit?

Capital One reports your credit standing to the three major credit bureaus. … A history of good credit standing can help build your credit. However, not making your minimum payments on time each month can damage your credit.

Can you get a credit card with a 550 credit score?

Generally speaking, a credit score of between 300 (the lowest FICO score) and 650 is considered bad credit. However, some card issuers will consider scores of 550 to 650 as being simply poor credit and may consider you for an unsecured credit card.

Can you get a mortgage with a 550 credit score?

FHA-backed loans are available to any borrower with a credit score of at least 500. If your score is 550, you can apply for an FHA loan that requires a down payment of 10 percent of your home’s purchase price. … Lenders can still reject your loan application if they feel that you’re a very risky borrower.