Financial Magazine » Taking The Time http://financialmagz.com All about business and financial news. Mon, 19 Dec 2011 08:33:58 +0000 en hourly 1 http://wordpress.org/?v=3.3 What credit card would you recommend for someone trying to re-establish good credit history? http://financialmagz.com/credit-cards/what-credit-card-would-you-recommend-for-someone-trying-to-re-establish-good-credit-history.html/ http://financialmagz.com/credit-cards/what-credit-card-would-you-recommend-for-someone-trying-to-re-establish-good-credit-history.html/#comments Fri, 08 Jan 2010 03:19:31 +0000 admin http://financialmagz.com/credit-cards/what-credit-card-would-you-recommend-for-someone-trying-to-re-establish-good-credit-history.html/
Tamborine asked:

I have decent credit but I had cancelled all my cards when trying to get out of debt. I am now free of all unsecured debt but I need to have a card so in the future I won’t be hurt by having no credit.

I’m thinking I want a card with no annual fee and a low APR. The card would only be used very occassionally and paid off immediately. I have no desire to repeat previous mistakes.

Does anyone have any recommendations for a good card for this purpose?
Okay, as I said, but everyone is skipping, is that I have decent credit. My credit score is 700.

When I got into trouble I went into debt consolidation right away BEFORE my credit got screwed up.

But I do appreciate those of you who are taking the time to answer.

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