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Answer:
According to your 563 Experian score, you have a poor credit rating (350-619), which means a rather limited choice of credit cards available to you. You got denied because you applied for credit cards requiring a higher score to qualify. As you do not specify the reason for you poor credit, we assume you might have two ways out of your situation. First, you are building up your credit and it is just insufficient to get a good card with favorable terms. In this case the company to apply at would be Capital One Bank catering for customers who have limited credit records but who don't have any late or missed credit payments in their name. If you are a college student or a young adult earning your living, Capital One Standard Platinum Card would be a perfect variant. If you have already tried applying at Capital One and got denied, it means your credit is spoilt by irresponsible credit management: non payments and overspending. In this case, there is one big card issuer which gives you more chances to get approved for a line of credit. First PREMIER Bank works with customers who have damaged credit and want to start rebuilding or reestablishing it. You may choose either Centennial Gold MasterCard®/Visa or Gold MasterCard®/Visa , both are bad credit cards with low APR on purchases and moderate annual fees. These cards are a fine choice if you want to rebuild credit and boost your scores up to the good level quickly and easily. You application will be closely assessed and approval will depend on lots of factors: the history of payments, your current outstanding balances, if any, your income and the total debt. You are welcome to choose a card suitable for your current credit standing and apply for it online. |
