Do you need money to cover an emergency? Do you need to raise money now to cover an urgent financial need? Then call Car Capital Financial at 1-888-500-9887 now to get a title loan in as fast as 30 minutes!
We specialize in delivering title loans to those facing financial emergencies, and have been delivering fast, secure and reliable loans to our clients for over 20 years. If you live in Southern California and own your vehicle, give us a call to get your money today.
And if you’re interested in taking out a credit card, but have a poor credit score and are concerned how this will affect your chances of getting credit card approval, read on to get our credit card for poor credit holders advice:
Credit Cards for People with Bad Credit
If you have bad credit it’s true that you may have a harder time in getting a credit card approved, but it’s by no means impossible. Even if you’ve already been turned down by credit card companies due to your bad credit history, there are certain ways you can boost your application and increase your chances of getting credit card approval.
Here are our top 5 tips for getting credit cards with bad credit:
1. Get a Cosigner
Much like with a mortgage or a lease on a car, bad credit holders can also get a cosigner to sign on to their credit card agreement. If you know someone you can trust, who has a stellar credit score and history, you may want to consider asking if he or she will be willing to cosign. Just make sure that you will be the only one to use the credit card because if the cosigner is also able to use the credit card and racks up debt you will still legally have to pay if off. This can be a good credit card solution for bad credit holders, but only if you can truly trust the cosigner.
2. Choose a no Credit Check Credit Card Company
There are some no credit check credit cards companies that won’t even request to see your credit card score and often advertise themselves as “no credit check” companies. However, often these cards come with various strings attached, such as exceptionally high interest rates and various other hidden fees attached. The credit limit may also be very small in order to reduce the risk on the credit card companies side of the deal. Look into this option by all means, but be aware of its potential shortcomings as well.
3. Explain Your Poor Credit Situation to Credit Card Companies
If your poor credit score is due to an unexpected emergency (such as a high medical bill) and was a good number prior to this event, you may want to explain this to credit card companies. Provide documented proof that your credit score used to be higher and demonstrate any ways in which you are working toward improving its current score. This should show the credit card company that you’re not financially irresponsible which may persuade them to approve your card application.
4. Have Money in the Bank
Demonstrate to each credit card company you apply to that you have a significant amount of cash in your checking and saving accounts. Print off bank statements and attach them to your application as this demonstrates that you’re not spending every single cent you earn, and are thus less likely to solely rely on credit cards.
5. Apply for a Credit Card that has a Low Limit
When it comes to getting a credit card with bad credit, one of the easiest ways to get approval is to apply for a card that has a low limit. The lower the limit the less the credit card company has to lose, and thus should be more accommodating in approving your credit card application. Aim to apply for a card with the lowest possible limit, and this should significantly increase your odds of getting approved.
Car Capital Financial
Credit cards are great for certain things, but if you need to raise actual cash, Car Capital Financial can award you thousands of dollars with our title loans today.
If you live in Southern California and own a vehicle that is worth at least $5000, then you qualify for one of our title loans. Title loans are issued based on your ability to repay the loan. To get your cash, call us now at 1-888-500-9887.