Bad Credit Cards FAQS

May 11, 2021
You may find different credit card offers aimed at people with bad credit. It is important to understand your financial situation and preferences to recommend the best card for bad credit. First of all, you should consider fees and interest rates. You may choose from secured credit cards. They are easier to qualify as they often require a security deposit. The security deposit acts as a guarantee of your promise to pay and if you default on a secured credit card, the creditor will use your security deposit. You need to spend some time researching on your options and then pick out one that is more suited to your needs. You can even find secured credit cards that will send reports to the...
May 06, 2021
A Group One Freedom Card is not strictly speaking a credit card. It is a shopping card that you can use exclusively at the Horizon Outlet (thehorizonoutlet.com). The Horizon Outlet is an online store that offers a range of merchandise: men's, women's and children's apparel; home goods; entertainment and electronics; and financial services. You should apply for a card if you are sure that you will buy at this online store often.
May 01, 2021
The Group One Freedom Card is a shopping card that you can use exclusively at the Horizon Outlet (thehorizonoutlet.com). It is an online store that sells clothing, toys, small appliances and other small-ticket items. The bank may report to at least one credit bureau and therefore help you build your credit score, but for that you need to pay some costs. All of the fees you mas see in the card's terms and conditions, however be aware of the following: One time Card Issuance and Account Validation fee: $0.00; Monthly Membership Fee: $14.77 - this is paid monthly for the full benefits plan; Late Payment Fee: $20. There are also fees that come into action once you actually buy something in the...
April 15, 2021
When you have bad credit, you are less likely to be approved for a credit card that means your applications for a credit card could be denied. Of course you are not stuck with your bad credit scores. Your score can improve after a few key credit management habits. If your credit is below 500±, your credit score is considered bad. You may choose from credit cards for bad credit. In general, scores fall along the following lines: Very good or excellent credit: 720-850± Good credit: 680-719± Average or fair credit: 620-679± Poor credit: 500-619± Bad credit: Below 500± ± Credit scores are used to represent the creditworthiness of a person and may be one...
March 01, 2021
No, it can't be used for cash advances. The Group One Freedom Card can only be used to make purchases through the Horizon Outlet website or catalog. This is a shopping credit account, not a credit card. Cash advance features are only available to the credit card owners. Credit cards are not the best source of cash, however, as there are high fees and APRs on cash advances. Debit cards are the best for cash advances.
August 07, 2020
Having bad credit makes it harder to get a credit card, but there are still suitable options. You may consider credit accounts like Group One Freedom Card card. It is not a regular unsecured card, however. It allows users to buy merchandise from their catalogs or web sites. Another option for you can be a secured credit card. This type of cards is easier to qualify because they require a security deposit. The security deposit acts as a guarantee of your promise to pay and if you default on a secured credit card, the creditor will use your security deposit.
October 01, 2019
First of all, you need to find out the reason of these rejections. Issuers typically send a rejection letter with explanations, so just read it attentively. Then, check your credit reports to make sure that there are no mistakes. In case there are some, you can dispute them with the bureaus. You also should have all your credit accounts in good standing, no active bankruptcy, no overdue payments and no excess of the limit. After paying off the late payments (if you have those) pay on time at least for two months on all accounts. Only after that you can try to apply for a card again. But make sure that your credit corresponds the required by the credit card you apply for.
Do you have a million questions jumbled up in your mind regarding credit cards and the credit card application process? Don't worry, you are not alone! Our site has been designed to be simple to use and navigate in order to eliminate any potential hassles and frustrations surrounding the credit card application process. Our experts have already taken it upon themselves to thoroughly analyze and evaluate all of the popular credit card available on the market today and have laid them out in an easy-to-understand format, touting the best features of each.

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