Any credit card issuers who are good for accepting very bad credit?

Chrysalis

I am 50/50 on this.

On the one hand its good advise to build a credit history, so when in future you may truly need credit its easier to obtain. In addition a credit card is a great way to make sure you have cashflow. As although you may have a cash positive on average throughout the year, there may be parts of the year where expenses are clumped together such as MOT time of the year as an example.

On the other hand its easy to get trapped on credit cards, as once you got the card, you dont need permission from the lender to make transactions, everything is approved as long as you are within the limit, some card providers may then auto raise the limit which encourages you to spend more, and before you know it you swamped in interest. This is a mistake I would say is easier to make when you younger and lack life's experiences.

Given you not employed I am leaning towards the second bit of advise and would at the very least hold off until you in regular employment.

srisport

I have just read this entire thread, so heres my 2 pence worth:

CaseyFfa wrote: »

I don't have any bills.
Rent is paid for.
My phone was outright bought almost 3 years ago. I use Pay as you go and sim only. Reoccurring Sim only would help build my credit score I know but I don't need it every month.
Other utilities are prepaid.

I live on my own but it's a long story. So I have a fair amount of "proper" adult responsibilities.

You are 19 y/o, have living expenses paid for and some how you think this provides you with a fair amount of "proper" adult responsibilities? Are you fricking kidding me? I am 30 y/o with bills coming out of my ears, full time university course to complete and a job to go too every week and even I learn something new every day. No offence but you don't know jack about adult responsibilities!!

CaseyFfa wrote: »

It's not that im seeking debt. And I want to borrow money short term. I always search the shortest period (one month) where possible otherwise no more than a year. I don't care much about my credit score, it's just that this file is stoping me from doing basic things. I think the main issue is to do with limited history. Most people my age have a phone plan or job that gets them some history. I don't know how I missed out.

ABSOLUTE BS!!!!

In fact what is stopping you from "doing basic things" is employment. I am unsure about your personal circumstances with regards to working as i haven't seen you state this, but at the end of the day if you want to borrow money; you must be able to prove to the lender that you are capable of paying them back
Being un-employed means you don't have a disposable income hence you can't repay any monies borrowed - END OF!

CaseyFfa wrote: »

I've seen my friends scores on there too so it seems accurate. He has a car, job and pays two phone bills (all going on 2 or 3 years now) Same with when checking eligibility for cards, seems accurate - I have a low chance, looks like he's accepted for pretty much everything.

again why do you think he gets accepted for pretty much everything, yes thats right - because he has disposible income which the credit card companies want in their back pockets!

Please don't take this as me being nasty, because if you think this is bad, wait till you really start living your adult life - the government can be some right nasty and greedy b*st*rds at times.
You are still very young and have a lot to learn about living outside the comforts of your parents home and school where you are pretty much protected from the BS life outside has to offer.

My advice is please take on-board the constructive criticism which has already been posted here. Get a job and start paying into the system like everyone else. Everything else will fall into place once you have made the first step.

On a positive note, you have done one thing right and you have asked questions. You will learn that this will get you far in life and one day you will look back and be thankful that you made this thread.

Regards.

ampersand

CaseyFfa wrote: »

One of the very few replies that are relevant to my query.

No where have I asked personal advice.

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Not so, op - you're asking for what you want to hear.

Whether or not any incoming money you have is regular, benefit-based or occasional sale profit or odd-job £s [techie skills perhaps?], you do not NEED a credit card.

As Ebe Scrooge wrote: You need a budget. You need higher skills, self-control and a stronger mindset to follow a budget than you are showing here. All the more reason etc.etc....

There IS sensible input here across differing views, from Possibly>Nay.

That you ask these questions but are prickly with some sound responses shows NO is your ultimate protection. Be thankful.
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Late Edit - well written and analysed, srisport.
Every best wish with your Degree and next stage in Life.