The only thing you’d have to worry about with unsecured cards and bad credit are the fees. Most unsecured cards for bad credit charge high fees - annual fees, monthly fees, and account opening fees. The Fingerhut Credit Card, however, doesn’t charge those fees because it’s a store credit card, meaning you can only use it at Fingerhut.com. But it’s unsecured, and it will still build your credit.
Lastly, you might want to check out several other credit cards for bad credit, that offer high instant approval odds for some applicants.
Yes, you can get an unsecured credit card with a 500 credit score, though it’s probably not the best idea. It’s harder to get approved for such a card, and it typically involves high fees, high interest rates, and little spending power.
Unsecured credit cards for a 500 credit score are for people with bad credit, and they’re only recommended for emergencies. It’s much easier and cheaper to apply for a secured card.… read full answer
The easiest unsecured credit cards to get generally work best for minor emergencies. You will only receive a small amount of spending power, after all.
Unsecured credit cards for people with bad credit also tend to be very expensive, charging lots of fees and high interest rates. So, if you don’t need a small emergency loan, the best course of action is to improve your credit inexpensively with a secured card. Secured cards are cheaper than unsecured cards, build credit just as effectively, and offer the closest thing you’ll find to guaranteed approval.
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