How To Get Credit Card When You Have Bad Credit
Written on 10:54 AM by zorayda
Having bad credit won't necessarily prevent you from getting a credit card, but it can make it—along with other, larger purchases in your life— much more difficult. Follow these steps to get a credit card despite your bad credit.
Here are some article that will be helpful for you in repairing your credit score
- Bad Credit Credit Cards - Useful for Improving Credit Rating
- Bad Credit Credit Card - How To Increase Your Credit Score With Credit Cards
Things You’ll Need:
- Secured Credit Cards
- Credit Reports
- Credit Cards And Loans
- Credit Counseling Services
- Identification
- Knowledge of Credit History
Tips & Warnings
- While you are trying to get a credit card, keep paying all your other bills on time.
- Once you get a credit card, you'll start getting offers for other cards in the mail. Be wise: You should have no more than three credit cards - one or two with a small credit limit and one with a larger limit for emergencies.
- Don't get a credit card from a single store or chain of stores. Use Visa, MasterCard, Discover or American Express, as these are widely accepted.
- Do not get a credit card that has an annual fee. There are lots of credit cards available that don't charge annual fees.
- If you are denied credit, by law the issuing company has to tell you why. Request a copy of your credit report to see what is in it.
- Don't overspend. Use your credit cards to your advantage. Only buy something that you can pay for in cash. This will keep you from buying more than you can afford.
- Many credit cards carry interest rates of 18 to 21 percent. If you cannot pay off your balance every month, you are spending more than you can afford and need to stop using your credit card until you can pay off the balance.
- Credit card interest is not tax deductible.
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