- Gold Member
- Posts: 27
- Joined: Wed Jul 25, 2012 4:06 pm
- Location: PA
I'm sorry for your medical situation. Unfortunately, many creditors won't issue an unsecured card to a college student with a rocky credit history.
I probably wouldn't waste my time applying for cards that are for students because the odds are they won't approve you. If you are really concerned with building your credit back at this point, I would save some money and apply for a secured card. I would see if your bank offers some sort of plan where after 12 months they will review your account to "upgrade" you to an unsecured card. I know Wells Fargo does this. It is a solid way to build your credit (and trust with the creditor) without having multiple inquiries. A credit union is also a good place to look for a secured card.
If you do get a secured card, stay below 30% utilization and always pay more than the minimum.
You can also try to call the place where you have the medical bills and try to negotiate a payment plan. I know hospitals are ok if you pay $5 for the rest of your life, so long as you give them something. Just some food for thought.