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Our credit is below average at this time. We have had our house for 17 years and we...



Our credit is below average at this time. We have had our house for 17 years and we...

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Date:
December 11, 2008, 4:52 pm


Our credit is below average at this time. We have had our house for 17 years and we have been late on one payment during that time due to the person I was building a website for filed bankruptcy before pay me the $1200 he owed for the website. I am retired military plus I build custom websites in which I ask to be paid in cash in return of a 20% discount.

My wife and I want to apply for a credit card that has no setup fees or has large one-time fees charged to the credit card leaving the available credit next to nothing. We are wanting a credit limit of around $500 for emergency us during owe Christmas trip to visit our daughters in Tampa, FL. and a card that we can get by the 20th when w leave on our trip.

Your help and suggestion would be very much appreciated.

Thank You for your time,
Mark & Hilda Davis
Clarksville, TN


Answer:
The only unsecured credit cards that you may be approved for in your particular situation are available with Capital One Bank. However, even if you apply today, approval and delivery of the card will take much longer than the 20th of December. Usually, it takes a bank up to 10 business days to assess your application and send you the card if approved. However, if you need a credit card for other needs besides this Christmas trip, consider applying for one of the following cards created for low score customers:

Capital One Platinum - Visa offers a $300-$3 000 credit limit based on your income. You must provide documents verifying the size and stability of income to be issued a credit line. The card has small annual fee and a very low purchase APR. In addition, there is 0% into APR on purchases until May, 2009.

Capital One Standard Platinum has no annual membership fee but carries an average APR on purchases. You can also take advantage of the 0% introductory offer valid till May 2009.

Orbitz® Visa® Platinum, also a no annual fee plastic, has a higher than average interest rate but compensates in with 0% introductory APR and point rewards program.

All the three cards have no set up fees or any other fees that may reduce your credit line.

Choose a credit card for your everyday purchases or emergencies. Apply online.

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