FAQs
One of the best store credit cards for a 550 credit score is the Fingerhut Credit Account. This card has a $0 annual fee and will help you build credit as it reports monthly to the major credit bureaus. It's worth noting that there are only a few store credit cards for a 550 credit score available right now.
What is the easiest store credit card to get with bad credit? ›
One of the easiest store credit cards to get is the Fingerhut Credit Account. The card has a $0 annual fee and can help people with no credit or even bad credit improve their credit standing for free. But there are other options to choose from, too. Credit requirement: Accepts people with bad credit (a credit...
Can I get approved with a 550 credit score? ›
It is 150 points away from being a “good” credit score, which many people use as a benchmark, and 90 points from being “fair.” A 550 credit score won't knock any lenders' socks off, but it shouldn't completely prevent you from being approved for a credit card or loan, either.
What store credit card can I get with a 530 credit score? ›
Store Cards for a 530 Credit Score
- Secured: Amazon Secured Credit Card.
- Unsecured: Montgomery Ward Credit Account.
- Easy Approval: Fingerhut Credit Account.
Can I get a Walmart credit card with a 520 credit score? ›
You need a credit score of 640 or higher (fair credit or better) to get a Walmart credit card. Your income, existing debt load, recent credit inquiries, employment status, and housing status will also impact your chances.
Can I get an Amazon credit card with a 550 credit score? ›
Both the Amazon Credit Card and the Prime Visa are for people with good or excellent credit scores of 700+, while the Amazon Store Card accepts fair credit (640+ credit score) and the Amazon Secured Credit Card is for bad credit (300+ credit score).
What credit score does Kohl's require? ›
The Kohl's Credit Card approval requirements include a credit score of 640 or higher. This means you need at least fair credit to get approved for this card. Keep in mind that the issuer will also consider your credit history, income, and existing debt obligations when making a decision.
Can I get a JCPenney card with bad credit? ›
You need a credit score of at least 640 to get the JCPenney Credit Card. That means people with fair credit or better have a shot at getting approved for this card. The JCPenney Mastercard, on the other hand, requires a 700+ credit score (good credit).
What credit score do you need for a Ross card? ›
You need a credit score of 640 or higher to get a Comenity Bank credit card in most cases. That means you need at least fair credit to get approved. However, there are some Comenity credit cards that require a credit score of 700 or better (good credit).
Can I get a line of credit with a 550 credit score? ›
Most lenders require a minimum credit score of between 600 and 650, but some lenders specialize in bad credit personal loans. It may be more challenging to find a lender willing to work with you, but obtaining a loan with a 550 credit score is possible.
You can borrow anywhere from a few thousand dollars to $100,000+ with a 550 credit score. The exact amount of money you will get depends on other factors besides your credit score, such as your income, your employment status, the type of loan you get, and even the lender.
How fast can you raise a 550 credit score? ›
The time it takes to increase a credit score from 500 to 700 might range from a few months to a few years. Your credit score will increase based on your spending pattern and repayment history. If you do not have a credit card yet, you have a chance to build your credit score.
What is the easiest store credit card to get with a 550 credit score? ›
The best store credit card you can get with a 550 credit score is the Amazon Secured Credit Card, which has a $0 annual fee and offers 2% cash back on Amazon purchases if you are a Prime member.
Which store card is the easiest to get? ›
One of the easiest store credit cards to get is the Fingerhut Credit Account. The card has a $0 annual fee and can help people with no credit or even bad credit improve their credit standing for free. But there are other options to choose from, too.
What credit score do you need for a Dillards card? ›
Keep in mind that the Dillard's Store Card requires Fair credit, which means you need a 640+ credit score for high approval odds. Also note that applying for the card triggers a hard inquiry, which may temporarily hurt your credit score. So, it's good to know what your chances are before applying.
What credit score do you need to get a store credit card? ›
The minimum credit score for a store credit card is 500 or higher with a card like the Fingerhut Credit Account. This is considered one of the easiest store cards to get, as it accepts people with bad credit. The Fingerhut Credit Card also has a $0 annual fee.
Can I get credit with a score of 550? ›
Your score falls within the range of scores, from 300 to 579, considered Very Poor. A 550 FICO® Score is significantly below the average credit score. Many lenders choose not to do business with borrowers whose scores fall in the Very Poor range, on grounds they have unfavorable credit.