The First Premier credit card is an unsecured card designed expressly for people who have a poor credit score.
While it is relatively easy to be approved for the card, there are some large fees associated with it. However, these fees may be necessary for those who are trying to rebuild their credit.
If you are interested in this card because you are hoping that it can improve your low credit score, I must tell you that it cannot fix your score. What it can do, however, is help you create a positive history of payments.
Negative items on your credit report will dramatically lower your credit score, so while they remain on your report you will be unable to achieve a good credit score.
Before opening up new lines of credit, it is a good idea to remove negative items from your credit report. Despite what many people think, you can remove derogatory items from your report.
To remove negative marks from your credit report, you may dispute them directly with the credit bureaus. By removing these items from your report, you may open the door to receiving a new card with lower fees or no fees at all.
Don't expect this card to fix your credit score because it will not. It can help and new positive credit lines will help you earn a high score, however the negative marks are much more severe.
Additionally with our tough economic times many lending institutions have severely tightened their approval requirements. Frequently you will be denied even if you have just one negative item on your report.
This card is issued with a $250 credit limit; however when you are issued your card the fee's are automatically deducted from your available credit. The fees include; program fee of $95, annual fee of $48, monthly servicing fee of $84 (annually), and an account set up fee of $29.
Instead of paying these high fees we feel it is much more cost effective especially over the course of a life time to repair and remove negative items. This will improve your score enough so you can get approved for a fair credit card that will not charge you any fees but will have a low limit.
You're not alone: millions of people have poor credit, but you shouldn't think you have to just live with it. The knowledge that you can't be approved for anything better can cost you money and damage your self confidence.
You don't have feel like a second class citizen, there has been legislation passed to help protect you and prevent you from paying outrageous fees. Further there is not a better feeling in the world than hearing those three little words "you are approved" from the loan officer.
While it is relatively easy to be approved for the card, there are some large fees associated with it. However, these fees may be necessary for those who are trying to rebuild their credit.
If you are interested in this card because you are hoping that it can improve your low credit score, I must tell you that it cannot fix your score. What it can do, however, is help you create a positive history of payments.
Negative items on your credit report will dramatically lower your credit score, so while they remain on your report you will be unable to achieve a good credit score.
Before opening up new lines of credit, it is a good idea to remove negative items from your credit report. Despite what many people think, you can remove derogatory items from your report.
To remove negative marks from your credit report, you may dispute them directly with the credit bureaus. By removing these items from your report, you may open the door to receiving a new card with lower fees or no fees at all.
Don't expect this card to fix your credit score because it will not. It can help and new positive credit lines will help you earn a high score, however the negative marks are much more severe.
Additionally with our tough economic times many lending institutions have severely tightened their approval requirements. Frequently you will be denied even if you have just one negative item on your report.
This card is issued with a $250 credit limit; however when you are issued your card the fee's are automatically deducted from your available credit. The fees include; program fee of $95, annual fee of $48, monthly servicing fee of $84 (annually), and an account set up fee of $29.
Instead of paying these high fees we feel it is much more cost effective especially over the course of a life time to repair and remove negative items. This will improve your score enough so you can get approved for a fair credit card that will not charge you any fees but will have a low limit.
You're not alone: millions of people have poor credit, but you shouldn't think you have to just live with it. The knowledge that you can't be approved for anything better can cost you money and damage your self confidence.
You don't have feel like a second class citizen, there has been legislation passed to help protect you and prevent you from paying outrageous fees. Further there is not a better feeling in the world than hearing those three little words "you are approved" from the loan officer.
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Instead we suggest the Total Visa an unsecured Easy Credit Card. For a free credit consultation call 1-800-253-3735.
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