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The credit limit you can get with a bad score depends on the type of card you wish to get, the company that issues it, and your overall credit standing.
Most secured credit cards require a refundable security deposit of at least $200 that will serve as your credit line. So for example, if you place a $300 deposit, your credit limit will also be $300.
With an unsecured credit card for bad credit, like the Credit One Bank Credit Card, the credit line that you will ultimately get approved for is hard to predict. Credit One will make that determination based on your income, debts, and the exact nature of your credit history.
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Michelle, Member
@brianpearse1805
I think the first thing one has to concentrate on is how the credit can get fixed right? After which getting approved for cards will not be any issue
Douglas
@douglasg_45
IF you have a bad credit score or FICO score in the first place why are you even thinking about getting a credit card? Just pay your debts off first and gradually your credit will build back up without the need for a secured credit card that charges you fees to use your own money for shopping.. I'm sorry to be offensive to go that route is just plain dumb.
30% of your fico or credit score is based on paying your debts on time without default; and the sooner you pay them the quicker your score will rise. It doesn't take long to build a normal credit score..
Be smart about money; don't live beyond what you make in income and if you have to sacrifice a few pleasures to do so, its better to do so in to achieve financial independence in the long run. Be money wise and not credit foolish?
Faith
@frankomar17
I totally agree with you. With awesome credit, deciding which card to apply for will not be a problem at all
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MICHAEL @michaelb_1533
why do you think that it's an important question? {{7*7}}
Jhkhkhjsdfsfsdfds F @varma44
oh yes that's true. it is true.