Aspire Credit Cards

Aspire credit cards are no longer available. This credit card company offered specific credit card offers for individuals who wanted to build, or rebuild, their credit score. These individuals may have not had a credit score or may have struggled with credit in the past. They turned to Aspire credit cards because the cards were easier to obtain. The good news is there are other lenders who can help you to obtain a new line of credit even if you have bad credit scores.

Who Was Aspire?

Aspire credit cards ranked highly for those who wanted to find a credit card that helped them to improve their credit score. However, these cards did have high fees and limitations. Columbus Bank and Trust Company operated the company, and it worked in conjunction with CompuCredit. These high fee credit cards often positioned individuals to work to rebuild their credit but at a high cost.

The company is currently facing numerous lawsuits and legal actions. This has caused the company to close its doors and not to accept new credit card offers. If you currently have a credit card with this company, it may be sold to another credit card lender. You may wish to pay off the card as soon as possible, or to transfer the balance to a new credit line with better terms.

What Should Those Without Credit Do?

If you were hoping to get into an Aspire credit card because of the availability of the card to those who had bad credit, realize you do have other options.

  • Some lenders will offer bad credit credit cards to those who have steady employment and income.
  • You may wish to consider options from bad credit card lenders, those who offer specific offers for individuals who have no credit history.
  • You can also consider the use of secured credit cards, which can help you to establish your credit history until you qualify for a new line of credit.

Do not give up. In order to have a good credit score, you have to use credit. The best way to do that is to obtain a new line of credit that is right for you and to use it wisely. Compare offers and determine which card is the right fit for you. There are numerous competitors to Aspire credit cards willing to help you to find an affordable solution for your needs.