Not everyone has a credit score. In fact, everyone starts without one! But how can you build a credit score if everything that lets you build a credit score also requires a credit score?
It’s simple. Apps like Grain make it possible to get a line of credit without a credit score, although there may be some caveats and limitations.
Today, we’re going to look at 12 apps like Grain. We have researched several apps that are alternatives to Grain to help you build your credit score.
What is Grain Digital Credit Card?
First: What is Grain Credit? Grain is a credit card alternative. You connect Grain to your bank account and Grain lets you use it as though it was a credit card.
There’s a 15% APR on charges – but it’s also designed to help you manage your expenses. It helps people build credit who might not otherwise qualify for credit.
1. Petal Card
The Petal Card is a Visa card for those who don’t have any credit history. This credit card isn’t a secured card though; you don’t need to put any money down.
There are two versions of Petal. The first version has $300 to $5,000 limits and no annual fees, designed for those who have never established credit before.
The second version has $300 to $10,000 limits and no fees and is designed for those who are building their credit.
2. Point Card
The Point Card is basically a new evolution of a secured card. Continuer la lecture de « 12 Apps Like Grain – Get Line of Credit without Credit Score »