WE JUST GOT OUR DNC CREDIT CARDS! YEA!

[Buddyblazon]

They are Providian DNC cards. 1% annually is donated to the DNC. 0 annual fee. APR is kind of high at 18.99%.

But hey...if'n you wanted a credit card...and are sick of giving money to the nazi's...wouldn't be a bad choice.

Their site is www.providian.com.

Now...I want everybody to know...I do not condone credit cards. But I'm trying to rebuild my credit. I got rid of all my cc's 10 years ago. But I needed four lines of credit...and in the past eight months have gotten 3 cards. This was my fourth and final...and although I don't use my other ones (other than to use and pay in full each month), I could think of no better card for my last one.

Does anybody else know of Dem cards? This would be a good place to list them.

[mchill]

1. kinda unrelated, but..

why do you need 4 lines of credit? I thought having having more CC's versus less, was bad for one's credit score.

[Buddyblazon]

7. Well my girlfriend use to teach people how to build credit...

and the reason is...I'm trying to buy a house. I have no mortgage...I have no car payment. I had no lines of credit whatsoever.

They generally ask for a few lines of credit. They don't want them maxed out because thats a bad debt/income ratio. They don't want late payments.

So...to rebuild my credit...I first got a secured credit card (its all i could get). After about 3 months...I started getting offers. Where they wouldn't accept me before...I now had now problem. I received an unsecured card. I then got a gas card (it was just the next one to come along....and keeps me honest. Buy a couple tanks of gas...easily pay it all each pay period).

This was the last one.

In the past year...my credit has gone from about 550-575 to about 670-680. Still not great but...tons better than before. The one hard part is watching the intial dip when you get a card. It drops your score a bit. But once they start reporting after about 3 months...it slowly starts going up.

Obviously I did some other things to bring it up that much (paying of any outstanding balances on my report). But the goal is 700...so I can get A-paper (lower interest rates).

[liveoaktx]

2. Sorry but DNC, thru credit cards or otherwise, will get NOT ONE DIME

as long as they are DINOS and support, even by lack of fight, torture.

[wryter2000]

4. Hoping that will change, liveoak

If Dean takes over, things will change, you betcha. This is DNC, not DLC.

[wryter2000]

3. Be careful with Providian

It's a good idea to get yourself some good credit history, and this sounds like a good deal. However, be extremely careful with Providian. They have an extremely shady history, including offering one rate and delivering another. I had one of their cards and discovered they were charging me interest even when I carried no balance whatsoever. It only happened a couple of times, but that was enough. I cancelled the card.

I have other "support your favorite cause" cards through MBNA. They also have a bad reputation, but I haven't had any trouble with them, so I'm keeping the cards.

I'm not saying you've done something unwise. Just keep an eye on them.

Couldn't the DNC find somebody else?

[wryter2000]

6. Come to think of it

That APR is kind of high. If you don't pay any interest, that won't matter, though. But as I said, they charged me interest on current purchases a couple of times.

[justy329]

5. i'm very interested in the card.

but, i cannot find the card on the link you supplied. Please, point me to exactlly where they offered the DNC card.

[Buddyblazon]

8. The letter with the cards only says....

www.providian.com.

Maybe do a search for DNC.

And to wryter...you are correct it is quite steep. I generally...ahem..."paygo"...hehe. I avoid a lot of the interest and penalties.

And the g/f is very diligent about watching the charges made by the issuing company. She busted them a few times. Ain't that scary?