Resources
It can often be challenging to rebuild credit or start a fresh credit profile. This is because many companies and banks are risk adverse, only looking to extend credit to individuals with good to excellent credit history. The companies below have products that will extend primary lines, even with bad or no credit history. Some even have lines starting at over $5,000.00 ! I have included the major points of each program and website links.
MY JEWELERS CLUB:
Lines Sizes – $5,000.00 credit line Industry – Online Jewelry Requirement – (18 years +, U.S Citizen, Income of $1.4k+, Bad credit OK) Membership fee of $99.00 required Must place order of $100.00 Performs hard pull during application Reports to Experian, Transunion, and Equifax Reports Monthly Website: http://myjewelersclub.com/ NOTE: You can add a co applicant during initial application.
HUTTON CHASE:
Lines Sizes – $1,500.00 credit line Industry – Online Department Store Requires $25/monthly fee to report Must place order of $180.00 to activate account Reports to Equifax Only Reports monthly Website: http://www.huttonchase.com/join6/?aff=XX-A5JUR8 NOTE: Might take up to 60 days before first posting.
SELF LENDER FDIC:
Insured Certificate of Deposit Requires deposit to be made and retained for 12 months Interest paid on deposit 12 monthly payment made Reports to Experian, Transunion, and Equifax Reports monthly Website: https://selflender.com/refer/13046254 NOTE: Great for Building credit while you save.
FINGERHUT:
Fingerhut offers revolving line and a “FreshStart” Program Requires an order of over $50 Requires down payment of $30 Reports to Experian, Transunion, and Equifax Reports monthly Website: https://www.fingerhut.com/creditApp/index NOTE: “FreshStart” program is good for no/bad credit.
CROWN JEWELERS:
Lines Sizes – $2,500.00 credit line Industry – – Online Jewelry Requirement – (18 years +, U.S Citizen & resident, employed, Bad/No credit OK) No credit Check Requires down payment when making purchase Requires 6 months payment to receive unsecure line Reports monthly Website: https://www.crownjewelers.com/Application.asp NOTE: Might take up to 60 days before first posting.
RENTAL KHARMA:
Rental Kharma reports verified rent payments to Credit Bureaus Requires on time registration fee of $25.00 Requires on-going payment of $6.95/moth Reports to Transunion Reports monthly Website: https://rentalkharma.com/# NOTE: Rental Kharma can report rent for the past 24 months for $5.00/month.
RENTAL REPORTERS:
Rental Reporters reports verified rent payments to Credit Bureaus Requires on time registration fee of $94.95 Requires on-going payment of $9.95/moth Reports to Transunion and Equifax Reports monthly Website: https://prf.hn/click/camref:1100l7yzz NOTE: Spouses and roommates can sign up for a 50.00 registration fee. Additional landlords can be added for $50, per landlord.
EXPERIAN BOOST:
Service reports only positive bill payment to reports Reports bill payment like phone bill, utilities, etc Free service but requires membership account Requires connection of bank account to identify bills Reports in real time Only Reports to Experian Website: https://www.experian.com/consumer-products/credit-score– boost-b.html?pc=sem_exp_google.
OX PUBLISHING:
Lines Sizes – $2,500.00 credit line Industry – Online Bookstore Requires $25/monthly fee to report Must place order of $180.00 to activate account Reports to Equifax Only Reports monthly Website: https://oxpublishing.com/credit/p7/ NOTE: Might take up to 60 days before first posting.
CREDIT ONE BANK:
Apply without harming your credit score and see limit you pre-qualify for Lines between $300 and $3,000 Fee varies Auto Increases Credit limit after application Reports monthly Earns Cash Back Website: https://www.creditonebank.com/pre-qualification/data– entry/index.
PETAL CARD:
Lines Sizes – Up tp $10,000 in credit line Industry – Consumer Credit Card No monthly fees Reports to all 3 major credit bureaus Offers Pre-approvals with soft pull Reports monthly Uses financial records if no credit score Website: https://www.petalcard.com/ NOTE: OFFERS CASH BACK ON SPEND NEW.
COAST DIRECT:
Lines Sizes – $5,000.00 credit line Industry – Online Retail Requirement – (18 years +, U.S Citizen, Income of $1.6k+, Bad credit OK) Membership fee of $95.00 required Must place order of $100.00 Reports to Experian, Transunion, and Equifax Reports monthly Website: https://www.newcoastdirect.com/how-it-works NOTE: Requires valid SS Card, and ID Card. You can add a co-applicant during initial application.
CREDIT STRONG:
Savings program designed as installment loan Lines Sizes – Up tp $18,000 in reported Administered by a Bank Includes Fees Reports to all 3 major credit bureaus Easy Approvals Reports monthly Cancel Anytime Website: https://www.creditstrong.com/
ADDITIONAL RESOURCES:
VITAL CARD https://www.vitalcard.com/ CREDIT BUILDER CARDS https://www.creditbuildercard.com/t CAPITAL ONE SECURE https://www.capitalone.com/credit-cards/secured-mastercard/d/ WELLS FARGO SECURED CREDIT CARD https://www.wellsfargo.com/credit-cards/secured/ DISCOVER SECURE https://www.discover.com/credit-cards/secured/ LOCAL CREDIT UNIONS Most local Credit Unions will open a starter for new credit profiles.