Dean T asked:


does any body know a credit card for bad credit that has a higher aceptance rate

CHRISTEEN

shryock86 asked:


Its been over a year since Ive been able to make any type of payment on them. Also, they all been turned into collection agencies. I know I will have to build up my credit again. I was just wondering if the cards I have will be turned back on again, or will I have to start fresh ? Also, lets say I was able to pay off all my bad debt tomorrow, will my credit report be cleared of all the bad things ?

ANGLE

Stacey S asked:


Which one do you have…? and which one do you suggest for us people trying to fix our credit?

ZONA

shorty07 asked:


I’m 19 and have never had a credit card. However, I believe I have bad credit due to my reputation with not paying cell phone bills on time and overdrawing my bank account. I’ve also had a former account shut down by my bank because it was left overdrawn for too long. I don’t want to put myself in a bad place in the future. Does anyone have any advice for me? Should I take a look at my credit report or credit score?

RODGER

Sandra’s Place asked:


Need a Credit card with bad credit that I can use now

ANGEL

Katie asked:


My credit was bad, but I’ve gotten everything paid off and its been about a year with nothing but good. The only credit I have right now though, is a fingerhut account which is paid off. Are there any credit cards which will give bad credit people a second chance and NOT charge a monthly or anual fee?
You do need credit for some things in your life. It ***** but its true. So don’t judge me, either give me an answer or not.

REGINIA

Kate B asked:


I have no debt, I have assets (car) and I have a credit score of 595. I’ve never declared bankruptcy and I have an income. What is the best way to rebuild my credit so that I have an open revolving account on my credit report? All of the bad credit credit cards have very high initial fees. Could I possibly get approved for a regular credit card with lower fees?

KORY

Author asked:


Bad credit credit cards can be quite helpful to those that have bad credit or even no credit for that matter. Having good credit and being able to purchase things by credit card can both be extremely important issues so it is important to be in a position to be able to get a credit card even if it is one of the bad credit credit cards that are available to consumers.

Applying for a bad credit credit card is really a very simple process. Most are just like applying for a normal credit card. There are secured credit cards that all you need to do is deposit money onto the credit card to begin using it. Bad credit credit cards normally have the appearance of a credit card that someone in a better credit situation would have so no one will know that you are using a card that might have a low line of credit or more restrictions then a normal credit card. Make sure to read the fine print of any bad credit credit card you plan to apply for as some can charge outrageous fees.

You will enjoy the same benefits with bad credit credits cards as you would with a normal credit card. Credit cards for people with bad credit offer many of the same benefits of normal credit cards. Perks like being able to pay bills online, online account statements and great customer service that is just a phone call away are just a few of the benefits you can enjoy.

Shopping online is extremely popular and often not possible if you do not have a credit card to pay for your purchases with. Since applying for bad credit credit cards is such and easy process, consumers with less then perfect credit can now enjoy the convenience of shopping online.

One of the best perks to getting bad credit credit cards is that most all credit card companies will report your spending habits to all three credit reporting agencies. Now if you spend wisely with your credit card you will have a very easy time rebuilding your credit.

So if you should be experiencing credit issues like poor credit or even no credit at all bad credit credit cards may really be a convenient and helpful option.



BIANCA

calon adam asked:


Many people have multiple credit cards I also have one visa card and one 0apr credit card with bad credit. I think to apply for chase travel reward credit card. Can it possible?

SHELIA

Alan Bernstein asked:


With the stiff competition in the credit market nowadays, it is fairly easy for anyone to get a credit card, especially a bad credit credit card. However, the big question is: If your current credit rating does not look good enough to get you a regular credit card, should you apply for a bad credit credit card? What are the implications? How can bad credit credit cards work well for you?

Well, you must first be certain on your purpose of getting a bad credit credit card. Have you already maxed out your current credit cards and need more credit to support your expensive lifestyle? Or are you getting a bad credit credit card with an aim to turn your bad credit report to an excellent one?

In the first scenario, getting a bad credit card when you are already overspending will not help to solve your money problems. Instead, you will just be getting yourself deeper into debt as you obviously have spent more than you can afford What’s more, bad credit credit cards usually charge higher interests as compared to regular credit cards. Thus, you will only be digging a deeper hole for yourself if you intend to continue to live on expensive credit.

On the other hand, if you do not have a credit history or had previously gone bankrupt, bad credit credit cards can help you build or rebuild a good credit record. However, because of the higher interest rates, you need to be careful not to over spend on your bad credit credit card. Just maintain relatively small charges to your card and be sure to pay on time. As bad credit credit companies report your repayment habits to the credit bureaus, a good track record will result in a good credit report. This way, once your credit report entitles you to a regular credit card, you can then switch cards and enjoy comparatively lower interest rates.

At the initial stages of utilizing your bad credit credit card, you will notice that you are offered a low credit limit. This happens as the credit card company is unsure of your spending and repayment habits. If you exercise regular payment patterns consistently over the following months, you will notice that your credit limit will be increased. However, if you miss you payment, your credit limit can be reduced as well.

All in all, bad credit credit cards do bring benefit to consumers as long as they are used in the correct way. With controlled spending, bad credit credit cards can be used to build a clean slate for better credit terms in the future.



MARLON