How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Rakhi Vasavada Your Own Question
Rakhi Vasavada
Rakhi Vasavada , Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4418
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
43581946
Type Your Finance Question Here...
Rakhi Vasavada is online now
A new question is answered every 9 seconds

I have 640 credit score what would be the best credit card

Resolved Question:

I have 640 credit score what would be the best credit card for me to apply for to get the highest credit limit?
Submitted: 3 years ago.
Category: Finance
Expert:  Rakhi Vasavada replied 3 years ago.

 

Dear Friend,


Hello and welcome. Thank you for using Just Answer. Kindly remain online for a while as I prepare your reply.

Usually, the credit score are put in the following brackets.


Excellent credit score: 720 and Up
Good credit score: 680 to 719
Average credit score: 620 to 679 (You fall in this category)

Having said this, kindly note that your credit score is IMPORTANT but NOT THE ONLY FACTOR that governs your credit limits of a credit card.
The other factors that the credit card company would see would be your other debt / loans, your past credit record, your total assets to liability ratio, etc. etc.
However, the following cards would suit you with your rating.
Before I suggest cards, kindly note that people use the words "Average" and "Fair" credit interchangeably.
They would mean more or less the same thing.

 

http://www.creditcards.com/fair-credit.php

 

http://www.bankrate.com/funnel/credit-cards/credit-card-results.aspx?CCType=CREDIT&CCProductId=238

 

http://www.credit.com/credit-cards/fair-credit/

 

I am sure this would help.

You may please leave a positive rating if this helps as that is the only way we receive credit for assisting you. Alternatively feel absolutely free to revert with more queries if you have.

Warm Regards

rakhivasavada41466.6269044329
Rakhi Vasavada and other Finance Specialists are ready to help you