My overall debt is approximately $7,500, with $444 of... - Limited/Bad/Fair Credit Questions

Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » My overall debt is approximately $7,500, with $444 of it past due and in collections. The...

My overall debt is approximately $7,500, with $444 of it past due and in collections. The remaining balance (all previously defaulted student loans) has been consolidated and I’m current on my payments for 11 months now. With a credit score averaging 576 what type of cards should I be searching for?

Answered on
Add to Favorites:

Tags: , ,

You should look for secured credit cards. These cards are created for those who have a negative credit history, but they want to improve their credit score. Secured credit cards require a collateral deposit. Otherwise, the secured credit cards work just like unsecured credit cards, and may even offer bonus programs. Look at . The card issuer will report your credit performance to the major credit bureaus and can offer credit limit increases without additional deposits. Your initial credit line may grow up to $3,000, but only if you use your card responsibly.

All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
No Annual Fee. See WebBank/Fingerhut Credit Account Terms.
For Bad Credit
Monthly reporting to the three major credit bureaus
For Fair/Bad Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit

Other Questions in
Limited/Bad/Fair Credit