Is your credit less than perfect, below average, or sub par? Would you be interested in obtaining a credit card that could help you rebuild credit while improving your score? Are you tired of not having a credit card to take your date or family out, shop online, or even get a rental car?
If you answered yes to any of the above questions then you have come to the right place. Below I will give you easy steps and simple directions that will allow you to get a credit card even if you currently have bad credit. First, you need to find out what is on your credit report. In order to do this you will need to obtain a copy of your credit report from all three major credit bureaus. You need all three of them to make sure you get an accurate evaluation since each bureau can report different information. We have many more Credit Repair Articles Now Available.
The good news is there are many ways to receive your credit report. However, if you sign up for one of these services make sure you cancel your membership after you obtain the report. This will prevent any unwanted reoccurring charges.
In addition, here a few of the companies that you could also use: annual credit report, free credit score, Experian, Trans Union, Equifax, and Credit Keeper. These companies do charge a upfront fee to order your credit report. If after obtaining your credit report you realize that your credit score is lower than average and you aren’t able to qualify for regular credit cards, then you probably need to find a credit card that specializes in rebuilding your credit. Some of the most popular banks that are willing to do this are First Premier Bank Card, Orchard Bank, Capital One Finance, and Account Now. Before we move on lets talk about Account Now. This is a new company that allows you to use their card like a debit card. You put money on to the card and then are able to use it just like cash. The reason this company can help you is they report to all three major credit bureau’s just like a regular credit card.
All of these cards can be applied for online. The best way to find them is to use Google’s search engine and search for “bad credit credit cards”. Another great thing to do is search online forums and see what other consumers like yourself are saying about certain card issuers. This will ensue that you are up to date with any negative or positive things that the banks might be doing.
Also, you can use websites like Finance Globe and My Fico that can point you in the right direction for a credit card that is perfect for you.
Another great thing is that a lot of these banks will pre-qualify you without actually pulling your credit. This means that usually are already approved before you even give them your info. One important thing to remember is to always read over the terms and conditions before you agree to any credit card offer. There will most likely be a setup fee, activation fee, or annual fee. You also need to prepared to pay a very high interest rate somewhere along the lines of 24%. In addition, find out what your grace period is if any, late fees, and over the credit limit fees.
In my opinion the best credit card you can go with would be a secured one. The reason for this is because you are using your own money. In more cases than not you probably have bad credit because you borrowed or owed money that you were unable to pay. Getting a secured credit card will keep you from getting in to this same kind of trouble as before.
Typically you can get a secured credit card from any major bank. Usually, the best option would be to use a bank you already do business with or just a local bank in your city. We have many more Credit Repair Articles Now Available.