Fair Credit Cards FAQS

Fair credit refers to a credit history which is neither bad nor very good. A fair credit rating for an individual falls between 575 and 600 or slightly more. Fair credit cards are credit cards awarded to credit card customers with credit rating in the fair credit range. There are quite a few companies which approve fair credit cards with decent terms and regulations. However, one thing that clearly stands out between fair credit cards and credit cards rewards to individuals with very high credit rating is that while the latter can help customers make good savings through great credit rewards, the former does not have a lot of attractive prospects as far as rewards are concerned. Fair...

First of all, you should keep all your balances low, your credit utilization ratio is based on all of your open lines of credit, outstanding balances and credit unused. A high outstanding balance can hurt your credit score, and the best move of course would be to pay it down. If you have unused credit cards, do not cancel them, having the same outstanding balance with fewer open credit cards may cause a drop in your credit score. At the same time getting new credit cards that you do not need is not a good solution either.

A single credit card application may affect your score slightly. But if you apply for several credit cards, it will have a greater impact on your score. The fewer applications you make the better. The best practice would be to carefully choose before you submit the application. Compare APRs, low interest introductory periods, annual fees, rewards programs if any and other features of credit cards for fair credit. Carefully study terms and conditions of cardholder agreements to know all possible pitfalls. Also note that it will not affect your credit score if you check your own report from an authorized agency.

Your choice of a best credit card for fair credit will depend on your individual situation, your needs and habits. To view our top offers in the category please go to Fair Credit Card Offers and choose according to your preferences. If you don't pay in full each month, compare introductory 0% or low interest rate credit cards. See details of cash back rewards program if you plan to regularly use it for purchases. If you are looking for a way to save on credit card costs, pay attention to no annual fee offers. Or read details on any other benefit that is a priority for you.