Bad Credit Cards NEWS

The economic downturn a few years ago left the finances of innumerable people in doldrums with most of them falling prey to bad credit history. The biggest challenge faced by the people with bad credit history is finding the right type of credit cards that can help them rework on their credit history and improve […]

Most Americans are clueless as to how to rebuild credit after having filed for bankruptcy in recent years.  The perennial question that is on everyone’s mind is – which credit card is good in order to rebuild credit after filing for bankruptcy? Most individuals are in a dilemma as they don’t want to end up […]

The world reeled under the wave of economic instability just a couple of years ago because of adhoc issuing of credit cards by credit card lenders. These companies issued cards to customers whose credit scores were way below the acceptable limits just to get more clients on board. However, this backfired and the world faced […]

Secured loans as well as secured cards have been used in the past to rebuild bad credit history and this has been done successfully by most people. However, it is important to note that merely using secured loans or secured cards alone are not sufficient in order to build a good credit history. One has […]

Individuals who have had a bad time financially would have seen their credit scores hit rock bottom. For such individuals who wish to improve their rating, secured cards seem like a good option. But do they really work for those with bad credit? Card companies have secured credit cards in order to assist someone to […]

Bad credit means low FICO scores and at least 43.4 million people seem to fall in the bracket where the scores are below 599 which is 25.5% of the population. This could be an alarming fact but certainly there can be a way out but one has to work on it. One could improve one`s […]

There were times, a few years ago, when people with bad credit faced a tough time in getting credit cards that can help them fix their mistakes. However, today, things stand changed and it is now possible to obtain bad credit cards without having to bend over backwards. Though cards under this segment are easily […]

Getting a card in spite of having a bad credit would mean higher annual fees & high interest rates levied. These cards are designed for those with bad credit and hence for someone who is desperate, they will end up opting for this card in spite of all the unfavorable conditions that the card comes […]

It is a well-known fact that obtaining a credit card in spite of having a bad credit rating with the bank is nearly impossible.  It is recommended that one should work on regaining a good credit score before applying for a card.  This can be achieved by using a secured credit card.  Since all secured […]