I have no credit history to speak of. My credit is so thin that my credit report is blank.
I applied for a store credit card today and was rejected. I'm looking into a secured card but I need the credit card for an immediate purchase and can't wait 2-3 weeks for a secured card to arrive. Otherwise it wouldn't be a problem.
What are my chances of being approved if I applied again on Saturday with a co-signer who has excellent credit?
I know store credit cards are shit but I need it for an immediate purchase. I make enough to make the payments in more than enough time.
Pic related I googled co signer the hedgehog.
First off even if you did manage to get a Secure Card, you wouldn't be able to just use credit.
I don't think you understand what a Secure Card is:
You - > put your own money -> into your own account, then spend it.
You're basically acting like you have a real credit card, showing the banks that you can handle credit.
In your situation, there's no point in getting one if you don't plan on increasing your credit.
This is coming from someone who had no credit 7 months ago, but now has a $5,000 spending limit.
I still use my Secure Card even though I don't need it anymore.
I do plan on increasing my credit, but right now I just need a store card for an immediate purchase.
What I'm really asking is what are my chances of being approved if I apply again with a co signer who has great credit.
You'll be approved if he has good credit, no doubt.
But you sound like the type of guy that says "I'll pay you next week I promise". So I don't know who would dumb enough to sign with you.
Sounds like you're trying to buy someone a valentines gift
>But you sound like the type of guy that says "I'll pay you next week I promise".
Yeah I know, but I'm really not. Never had any debts, always paid utilities on time. Only problem is I've never built any credit.
And the punctuation goes inside the quotes friend.
>sounds like you're trying to buy someone a valentines gift