Max Anderson asked:


People who have had credit problems can tell you how hard it can be to find unsecured bad credit credit cards. Sure, there are advertisements everywhere promising them - but half of them turn out to be scams or issue cards with ridiculously-low credit limits and ridiculously-high fees. Where are all of the good unsecured credit cards hiding? Before you apply for any unsecured bad credit credit cards, there are some things you need to know…

They Are Out There

The first thing you need to know is that there are indeed some good unsecured bad credit credit cards out there. You just need to know what to look for. If someone tells you that you must pay hundreds of dollars for an unsecured card just because your credit is tarnished, they’re trying to take you for a ride. Understand this — you will likely have to pay an annual fee and a higher interest rate, but you do not have to pay an arm and a leg to get unsecured credit.

How Much is Too Much?

As I said above, you are going to have to pay for an unsecured credit card. Even people with great credit have to pay for them. It’s called finance charges. People with poor credit tend to pay more for credit cards than people with good credit. However, you should never pay more than you have to. So what’s “reasonable” as far as credit card costs go?

Any credit card is going to charge you interest. That’s just the way it goes. With bad credit, you’re looking at anywhere from 10 percent interest to 30 percent interest depending on the terms of the card. You’re also probably going to have to pay an annual fee. However, anything more than $50 or $60 annually is too much. And if they want to charge a processing fee and/or application fee on top of the annual fee, run in the other direction. Which brings me to my next point…

How Fees are Paid

While it’s true that there are some good unsecured bad credit credit cards out there, there are also bad ones and then there are the ones that are completely fraudulent. These “companies” will request that you pay your application fee, processing fee and annual fee up front. You send them the money, then they’ll process your credit card application. Nine times out of ten, no credit card ever arrives.

A legitimate credit card company will put any annual fees or processing fees on the card they issue you. They will not require money up front. And if the company says they need up-front money for an “application fee” let them know that the industry has become competitive enough that you can take your business elsewhere without having to pay any application fee at all, even if you do have bad credit.

Bad things happen to good people. Don’t let the credit card companies make you feel as though you deserve abuse just because you’ve had financial problems in the past. By keeping the above things in mind you’ll be able to find the unsecured bad credit credit cards that are right for you.



JANINA

r8rfan925 asked:


I don’t have horrible credit but its not the best.. Is there any company who gives credit cards to people with no credit or bad credit?

LUCILA

kimmy asked:


I was told by my accountant to get a Tax ID number, and open a business credit card to keep better track of my business expenses… I have very poor credit and was wondering if I will be more eligible to have a business credit card that I would use strictly for my business than a credit card open under my social security number… any info will help. Thank you!

GEORGIE

Stars asked:


I’m about to turn 21 years old and I have no credit.I don’t want to get an insured credit card, so that’s out of the question.

My question is, can my mother cosign a credit card for me? Let me let you know, that she has very bad credit, she declared bankruptcy after she failed to pay for her student loans.

So can she still cosign a credit card for me? Will her bad credit affect mine in any way, shape or form? That’s my main concern. Thanks in advance for your answers.

LINH

Skinny Blonde asked:


I just signed up for a Paypal account. I do not have a bank account or a credit card. I have debt and bad credit my only option is a prepaid credit card. I heard the visa green dot does not work because the card doesn’t have the 3 digit authorization number. Does anyone know a prepaid credit card that works to pay a seller for ebay on paypal? What about Netspend cards? Please let me know I really need to pay a seller and a prepaid credit card is the only way I cannot open a bank account I owe the bank money from a past ISF.. please help me out

BENJAMIN

bigslowtom asked:


I have been divorced twice. Due to that and foolish decisions from my youth, I am left with a beacon (more like a flashlight) score of 570. Yamaha credit declined me. I purchased a car in March through Capital One, I have two credit cards with them (all are paid on time, ahead of schedule and way more than the minimum when I have a balance) but they do not finance bikes.
Any reliable sites out there to finance someone like me?
Thanks in advance for the advice.

DANIELLE

tegenallekansen asked:


My credit score is about 500…. is there any companys out there that give credit cards to people with bad credit soley to help build credit. I know there are companys that help people build credit who have no credit.

ROZELLA

workwanted asked:


I asked a similar question before, and contacted an account executive at Transfirst with my question. He did not see a problem, sent me the application which I filled out and sent back, and was subsequently told that I “was accepted” to accept credit cards trough for Dial Pay. Three weeks I’m still waiting for my merchant id to be emailed to me. Every time I call I get another excuse. At this point in time, why doesn’t he just own up and tell me that I was actually turned down?
When you fill out the application for a merchant id, they also do a credit check. That’s when they discover your bad credit. It has nothing to do with identification.
For everyone’s information, I was turned DOWN by PayPal for a merchant account to accept credit cards in person. Please don’t give me advice about PayPal. I’m trying to accept credit cards IN PERSON, not online!

WILLARD

bjmarchini asked:


I was contacted by collection agency an account that was charged off 8 years ago. They said they bought that debt and are reporting it on my credit.

I asked for written records with my signature to ensure that it was a real account that I opened. They said that it had been validated by the orginal credit card company, but they could not supply any records with my signature.

Can I have that removed if there are no records with signatures showing that I ever opened that account?

SHENA

Chance asked:


OKAY I AM MAKING PAYMENTS ON MY OLD BILLS NOW… $20-$50 A WEEK I WORK THREE DAYS A WEEK. I DON’T MAKE THAT MUCH. I HAVE A SON THATS 7 MONTHS OLD. SO MONEY IS PRETTY TIGHT. I NEED A CREDIT CARD FOR LIKE EMERGENCYS. I AM PUTTING WHAT I CAN IN MY SAVINGS ACCOUNT EACH PAY LIKE 10 DOLLARS. BUT I FOUND THIS KITTEN ONE DAY HE WASN’T DOING GOOD. I THOUGHT SOMEONE GAVE HIM RAT POSION OR SOMETHING HE COULDN’T WALK OR ANYTHING… HE KEPT FALLING OVER WHEN HE STAND UP. AND HE WAS SO LITTLE. I TOOK HIM TO THE ANIMAL HOSPITAL AT LIKE 11 AT NIGHT…HE NEEDED A BLOOD TRANSFUSION THEY SAID B/C HE HAD BUGS ******* HIS BLOOD. I DIDN’T HAVE THE MONEY. THEY WANTED $700 UP FRONT TO SAVE HIS LIFE…AND I ONLY HAD 300 IN MY SAVINGS! IT BUG ME FOR DAYS I DIDN’T HAVE THE MONEY TO SAVE HIS LIFE. OF COURSE THEY SAID TO SIGN PAPERS OVER TO THEM AND THEY’LL DO WHAT THEY CAN…BUT I JUST DIDN’T BELIEVE THEM THEY WOULD TRY. EVERYONE IS SO MONEY HUNGRY THESE DAYS. AND IT BUG ME FOR DAYS NOT KNOWING IF THE KITTEN MADE IT OR NOT…THIS MIGHT SOUND KINDA STUPID PEOPLE TOLD ME IT’S JUST A KITTEN GET OVER IT. BUT LIKE I COULDN’T BELIEVE HOW MUCH THEY ASKED TO HIS HIS LIFE. AND IT MADE ME SO SAD THAT I DIDN’T HAVE THE MONEY TO HELP HIM. IS THERE ANY WAY I CAN GET A CREDIT CARD FOR REALLY BAD CREDIT WITHOUT PUTTING MONEY DOWN? I AM REALLY TRYING HARD TO GET MY CREDIT TO GO UP AND WORK ON IT. THANKS

ORALEE