First Premier credit card is an unsecured card. It has been created specifically for individuals with a damaged credit report.
It is easy to be approved for the card, but the fees are rather high. Unfortunately, however, if you have a poor credit score, it may be necessary to pay these fees in order to help rebuild your credit.
If you are researching this card because you are hoping to improve a low score, I want to tell you that this card will not fix your score. It can help to create a positive trail of payments.
However with negative items on your report you will not be able to achieve a good credit score. These negative items will always cause your score to drop and dramatically.
Often it makes much more sense to remove the negative items from your credit report before opening up new lines of credit. Contrary to popular belief negative marks can be removed from your report.
These items must be disputed directly with the credit bureaus. If you clean your credit report and then apply for a credit card you will by able to get approved for a card with much fewer fees or no fee's at all.
Don't expect this card to fix your credit score because it will not. It can help and new positive credit lines will help you earn a high score, however the negative marks are much more severe.
With the tough economic times we are facing today, many financial institutions have made their approval requirements much tighter, and just one negative item on your credit report may lead to you being denied.
This card carries a $250 credit limit. However, the fees associated with the card-a $95 program fee, a $48 annual fee, an $84 monthly servicing fee (deducted annually) and an account setup fee of $29-are automatically deduced from your available credit.
Rather than paying these high fees, we recommend improving your score by repairing and removing negative items from your credit report. In addition to being cost-effective, doing this may improve your score enough so that you can get a low-limit card with no fees.
You are not alone having bad credit but don't just live with it. It costs you money and self confidence knowing you can't be approved for anything better.
You don't have feel like a second class citizen, there has been legislation passed to help protect you and prevent you from paying outrageous fees. Further there is not a better feeling in the world than hearing those three little words "you are approved" from the loan officer. - 21151
It is easy to be approved for the card, but the fees are rather high. Unfortunately, however, if you have a poor credit score, it may be necessary to pay these fees in order to help rebuild your credit.
If you are researching this card because you are hoping to improve a low score, I want to tell you that this card will not fix your score. It can help to create a positive trail of payments.
However with negative items on your report you will not be able to achieve a good credit score. These negative items will always cause your score to drop and dramatically.
Often it makes much more sense to remove the negative items from your credit report before opening up new lines of credit. Contrary to popular belief negative marks can be removed from your report.
These items must be disputed directly with the credit bureaus. If you clean your credit report and then apply for a credit card you will by able to get approved for a card with much fewer fees or no fee's at all.
Don't expect this card to fix your credit score because it will not. It can help and new positive credit lines will help you earn a high score, however the negative marks are much more severe.
With the tough economic times we are facing today, many financial institutions have made their approval requirements much tighter, and just one negative item on your credit report may lead to you being denied.
This card carries a $250 credit limit. However, the fees associated with the card-a $95 program fee, a $48 annual fee, an $84 monthly servicing fee (deducted annually) and an account setup fee of $29-are automatically deduced from your available credit.
Rather than paying these high fees, we recommend improving your score by repairing and removing negative items from your credit report. In addition to being cost-effective, doing this may improve your score enough so that you can get a low-limit card with no fees.
You are not alone having bad credit but don't just live with it. It costs you money and self confidence knowing you can't be approved for anything better.
You don't have feel like a second class citizen, there has been legislation passed to help protect you and prevent you from paying outrageous fees. Further there is not a better feeling in the world than hearing those three little words "you are approved" from the loan officer. - 21151
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Instead we suggest the Total Visa an unsecured Bad Credit Card. For a free credit consultation call 1-800-253-3735.
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