The Bad Credit Spring Shopping Guide
Christina Rodgers
Bad credit shouldn’t dictate how you live your life! We’ve got the tools to make sure you can shop, save and even boost your income in this bad credit shopping guide for 2020.
We won’t lie: having bad credit can be stressful. Not being able to share the love and hope a new year brings can be stressful and heartbreaking for families. But it doesn’t have to be!
In this guide, we’re going to share the best tools for trimming your debt, improving your credit, and making 2020 your best year ever:
1. Get A Loan Service That’s Easier Than Takeout!
Founded in 1999, AmOne is another online loan matching platform, that offers a personal experience. AmOne specialists will assist you by understanding your current financial situation and ensure you are connected to the best option. With their large lending and financial network exceeding 100 providers, you can be certain there is no place better to go to ensure you get connected with the best option and receive a top-rated customer experience.
You can borrow up to $50,000, and APR rates will vary based on your creditworthiness. APR’s start at 3.99%.
Fill out a short form on their website and you will receive an instant response.
2. Work Smarter Not Harder This Year
You may not feel very useful as you scroll your way into the depths of the internet, but your data is actually worth A TON of money to corporations.
So, why not take a piece back? With Swagbucks, you can. They give out over 7,000 gift cards a day to customers for Amazon, Walmart, Target and more just for surfing the web and watching videos. Or, you can have cash sent straight to your PayPal account.
It’s easy to make an extra $5 in a one day, by watching a few videos. That translates to some serious extra cash in your pocket each month.
3. Apply For A Line Of Credit
Wouldn’t it be great if there was a place you could do ALL of your year’s shopping on affordable credit WITHOUT a credit card?
Well now there is, and you don’t have to wait in line at the mall to shop there.
Fingerhut is a store that extends in-store credit to qualified customers. And the holiday shopping goodness is extensive. They have designer clothes from designers like Michael Kors, Tory Burch, Ralph Lauren, and more. Plus cutting-edge electronics and computers from brands like; Apple, LG, and Samsung. You can purchase jewelry, furniture, appliances and more. There’s a fixed 29.99% APR for all purchases. It’s just like shopping at Amazon, but you don’t have to pay right away if you don’t have the cash on hand.
Fingerhut saves the day for families around the country every year. See if Fingerhut is right for you.
4. Trade-In Your Clunker For A New Ride
Some of us are still paying high-interest rates for cars that barely move without hitching sled dogs to the front bumper.
Because of the way the economy is moving, you’re likely paying a lot more for your car, truck, or SUV than you would be if you bought a new one now.
Trading in your car and getting a new one can lower your monthly costs while saving you a ton on tune-ups, gas, and more. Auto Credit Express can take care of all the complicated stuff QUICKLY so you can give the family (and yourself) a brand new sled for 2020. Special Note: They Specialize in helping car shoppers who have bad credit!
5. Stuff Your Wallet With Cash
You know how you love to lie in bed at night scrolling through Facebook as you avoid the inevitable next day of work?
Well, instead of scrolling through pictures of ex’s you haven’t seen in 12 years, why not make some extra cash?
Survey Junkie is a tool that pays you to fill out surveys. That’s right, someone will PAY you for your opinions (and you’ve been giving them away for free on FB all this time?!?!).
You can earn up to $10 an hour and redeem your cash for gift cards to Amazon or Target or get the money sent to your PayPal account.
Think about it. If you spend as much time on Survey Junkie as you do on Facebook, you could pull in an extra $500 a month!
6. Borrow Up To $500 With No Credit Checks and No Interest
There’s a simple app millions of American’s are using to get cash loans with NO INTEREST & NO CREDIT CHECKS. Earnin was created to eliminate the use of payday loan services and to treat borrowers fairly. Earnin allows you to collect your paycheck early and borrow up to $500 before payday.
Earnin is perfect for people who are hourly or salaried employees who use an electronic timesheet at work, or work from a fixed location and have a valid checking account.
Earnin is available in all 50 states. It’s easy and simple to use. Just create a profile on the app and give it access to your checking account. Anyone can download Earnin, and it works on almost all smartphones.
7. Try & Boost Your FICO Score
Hitch your credit score to this rocket and watch it take off with Experian Boost. If your credit is on the cutoff of “Bad” to “Fair” or “Fair” to “Good,” this FREE tool could brighten your day in a few seconds.
All you have to do is sign up and verify that you have been paying your bills on time (cell phone bill, cable bill, other utilities.) and you could get an INSTANT credit score boost. Plus, it’s FREE! There’s no easier way to improve your credit. Results will vary, see Experian’s website for full details.
8. Get Double The Credit You Deserve
The Merrick Bank Double Your Line™ Visa® Credit Card does MORE than just live up to its name. True to its name — Merrick Bank Double Your Line™ Visa® Credit Card - will double your initial line of credit if you make at least your minimum payment for the first seven months your account is open.
For example, if you start with an initial credit line of $500 and you make seven on-time minimum payments, then your credit line may increase to $1,000. Why is this important? This can lower your credit utilization, which has a positive effect on your credit score.
Based on your credit history, the Merrick Bank Double Your Line™ Visa® Credit Card could have a 20.45% to 29.95% APR. There is also a one time set up fee and annual fee as well.
You can Pre-Qualified in less than 60 seconds without harming your credit score. Credit lines range from $550 - $1,250 which could double to $1,100 - $2,500.
9. Quit Cable And Save $1,200 This Year
If you are paying a cable company to watch television you’re paying way too much! The average consumer pays almost $1,200 a year to watch cable television, per Fortune Magazine.
Get Disney Plus, ESPN Plus & Hulu for just $12.99/month. You can stream all your favorite shows, movies and sporting events for a fraction of the cost. Plus there are no credit checks or deposits to pay!
Millions of Americans are quitting cable every month. The cable company doesn’t need your hard-earned money. Plus you get unlimited Baby Yoda!
10. Apply For More Than A Loan With Monevo
Founded in 2009, Monevo has grown to become the nation’s largest loan and financial matching company in the US. Although they help people in all types of situations, if you are a person with poor to fair credit, you may benefit the most by working with them.
Monevo specializes in assisting people to find the right financial solution based on their individual needs. With their large lending and financial network exceeding 30 providers, you can be certain there is no place better to go to ensure you get connected with the best option and receive a top-rated customer experience. Monevo lender rates start at 3.99% APR but may vary based on your credit history and income.
Their process is very simple. Fill out a short form on their website and you will receive an instant response, without affecting your credit score. If you have been turned down before, Monevo is ready to help you.
11. Get The Right Loan Right Now
Finding the right personal loan and getting approved can take months. Who has months to wait for a loan? That’s why Even, the leading search, comparison and recommendation engine for financial services created “Fiona”.
Fiona is the fastest, easiest, most comprehensive way to search loans and savings accounts from the top providers. By filling out a simple form, Fiona checks if you are pre-approved and gets the best offers from the top providers for you in seconds, so you can get instantly matched with the right personalized offer all in one place. You can borrow as much as $100,000, with loan terms of up to 7 years.
The interest rate you’ll pay will depend on your creditworthiness. It will take you less than 60 seconds to apply. Credit card debt can get out of hand fast, but you don’t have to continue paying those outrageous interest rates. APR’s start as low as 3.84%.
12. Get Price Protection For All Your Purchases This Year
Ok, now that you’ve got some extra cash, let’s talk about how you can make it go further when you brave those Black Friday mobs. Paribus is a new tool by Capital One which tells you how to find the cheapest prices for everything on Santa’s list.
And here’s the cool thing: this online tool will track your purchases and get you refunded if a sale begins after you’ve already made a purchase. For example, If you buy a bike for $300 at Target and it goes on sale the next week for $200, Paribus will manage the return process for you and get you the new bike for the sale price. Paribus users save an average of 20% on their shopping! Paribus compensates us when you sign up for Paribus using the link provided.
13. Pre-Qualify For A Platinum MasterCard
People with damaged credit sometimes have a tougher time during the holidays. If you want a credit card with no security deposit should consider the Indigo Platinum MasterCard. You can pre-qualify with a soft inquiry. The Indigo Platinum MasterCard’s pre-qualification process allows you to see if you’re eligible for approval without actually submitting an application which would trigger a hard credit inquiry that could temporarily reduce your credit score.
Like all other credit cards, Indigo reports to the major credit bureaus each month. Depending on your creditworthiness, the Indigo MasterCard will charge an annual fee of $0, $59, or $75 the first year.
The Indigo Platinum MasterCardCard limit is $300. Balances carried from month to month with the Indigo Platinum MasterCard will accrue interest with an APR so pay attention to what rate you are offered.