If you accidentally make less than the required minimum payment or you miss your First Progress Platinum Elite due date entirely, you can always ask customer service to waive the late fee by calling 866-706-5543. This is much more likely to work if you have a great payment history with First Progress, but even if not, there’s no harm in asking.
To avoid getting hit with late fees in the future, make sure to pay at least your minimum required payment each month. The best way to ensure that you never miss a payment is by setting up autopay.
The First Progress Platinum Elite Mastercard® Secured Credit Card
There isn't such a thing as a First Progress late payment forgiveness.
First Access states in the card’s Terms and Conditions that if they do not receive at least the minimum payment due by the due date shown on your monthly billing statement, you will be charged a late payment fee. … read full answer
If it's the first occurrence however, you can try calling them to see if you can work something out, at (888) 267-7980.
The First Progress Platinum Elite credit limit is $200 to $2,000. Everyone who gets approved for First Progress Platinum Elite is guaranteed a credit limit of at least $200, though each person’s exact starting credit limit will depend on how much of a security deposit they put down. When you first open the secured card, the amount of your security deposit will be your credit limit.… read full answer
The First Progress Platinum Elite credit limit that you start with isn’t necessarily your credit line forever. First Progress will usually allow you to increase your security deposit for a higher credit line.
One of the best credit cards for a 550 credit score is the OpenSky® Secured Visa® Credit Card. There’s no credit check when you apply, so approval is almost guaranteed. You just need $200 for a refundable security deposit and enough income to make monthly payments. This card also reports to all three … read full answermajor credit bureaus (Equifax, Experian and TransUnion) every month, which is your ticket to a better credit score. And a $35 annual fee isn’t too much to pay for that.
However, those aren’t the only credit cards you can get with a 550 credit score. In fact, there are two kinds of credit cards for people at that credit level: secured credit cards and unsecured credit cards for bad credit. A 550 credit score is within the bad credit range, unfortunately. Bad credit goes from 300 to 639. But picking the right 550 credit score credit card and using it responsibly could help you improve your score to “fair” territory within 12-18 months.
Before applying for a card, though, make sure to check out its terms and conditions, or a FAQ page if there is one, just to make sure you fit the criteria for eligibility. You can also try getting pre-approved for a credit card. It won’t hurt your credit, and it will give you a good idea of your odds if you decide to apply.
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