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GoodNewsaboutCreditCardsforBadCredit
(2013-12-02,
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Good News about Credit Cards for Bad Credit days, many people have less-than-perfect credit scores. In today’s economy, this is not an unusual occurrence. Credit scores range from around 300 to as high as 850, which is considered a “perfect” These score. A “poor” or “bad” credit score is generally one that is below 620. But are there [[www.applyforacreditcard.us/credit-cards-for-bad-credit-scores][Credit cards for bad credit]]? Thankfully, the answer to that question is “yes.” Credit cards for bad credit may seem impossible to get, but today many companies offer credit cards even to those with bad credit. Getting a credit card and using it wisely – by paying off the balance each month, and by paying on time – can actually improve your credit and therefore raise your credit score. Credit cards for bad credit usually involve two types of cards: those that help build your credit, and secured cards. Unsecured credit cards – those that do not require some time of down payment or other fees – are sometimes difficult to get if your credit isn’t that great. However, a secured credit card just may work for you. Even though secured credit cards have higher APRs and may require application or other fees, they are most often the easiest kinds to get if your credit isn’t good. Below are some of the credit cards available for bad credit. • Capital One Secured Mastercard. This card has no processing or application fees and offers a credit line of up to $3,000. It reports to all three credit bureaus, so you will be able to build credit as you use it. • Fingerhut/WebBank Credit Account. This is an online store that offers products for purchase and allows you to pay off the amount over time, with very low monthly payments. Credit cards for bad credit do exist, and in today’s economic climate, in many ways they are even easier to get. Do your research – websites such as www.applyforacreditcard.us/credit-cards-for-bad-credit-scores offer lots of helpful information – and you may soon have one of these cards in your hands.
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Topic revision: r1 - 2013-12-02
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