applied zero interest credit card

Now I doubt I'll get approved as I've applied to this same card 3x before. But everytime it comes I try to apply to transfer my high interest balances over.

I know it's only for a year but even still the rate is lower once it changes than what I have. I've been approved for a mortgage, a personal loan, an auto loan. maybe just maybe this time it'll go through. *finger's crossed*

Aviza, I hope you get approved! It took me a few years to get approved for credit cards - and most of them come with high interest rates. Still, I'm doing what I can to establish credit while also living a comfortable life. I was able to get 7 credit cards and special financing from Dell. I've paid off 3 credit cards so far - one just today. I have zero interest on the Dell financing, if I pay that off within a year, which I plan to soon.

Where I made the mistake was spending more than 25% of the credit card and not paying it back right away. So, it will take me some time to rebuild my credit score.

Credit scores are everything these days. It determines what major purchases you can buy, it offers a safety net during government shutdowns, it offers a safety net during certain copayments or uninsured medical emergencies, and it determines where you live (at least in the U.S.). Sometimes it determines what jobs you qualify for.

Sadly, many disabled persons living on fixed incomes and many working-class and impoverished persons don't have good credit, so they get stuck and are therefore limited. They also don't learn about establishing credit because their parents probably didn't learn how to either. I know that I never learned anything about credit until recently, and I'm still learning. It's a huge disparity that is a backwards way of segregating, ostracizing, discriminating, and redlining. They don't do it outright, but with this new credit score system, they know how to segregate based on income and credit scores, which largely reflect the different class systems in the U.S. being segregated. Minorities have the least amounts of income, almost no wealth, and lowest credit scores (on average). Minorities also include the disabled and neurodivergent, who have difficulty finding work or cannot work at all. This affects credit scores and income.

But there are ways for minorities to rebuild credit well enough to find some healthier options. Too bad that healthier options couldn't exist no matter where you lived. But that's not the world we live in. We live in a classist society, so classism does and will segregate and discriminate - legally, mind you. There are too many loopholes that make it harder for minorities to upwardly mobilize. Credit scores and obtaining credit are two key areas where such loopholes exist.