How to get a credit card when your credit is
Have you destroyed your credit by not paying
your bills on time? Have you defaulted on a student
loan, declared bankruptcy in the past 10 years,
or have you never had credit before? Are you finding
it difficult to establish credit because of a
poor or damaged credit rating?
There are ways to create a positive credit history.
There are companies actually willing to help you
establish a positive credit rating. There is hope
for your credit rating and your financial outlook.
Credit Cards are an easy way
to establish your credit. A secured card is one
that is backed by a savings deposit in the amount
of the approved credit limit. You deposit money
with the company; and they give you a credit card.
They report your use and payment history to the
major credit reporting companies, which in turn
report to credit companies. If you make small
purchases, pay them back on time or in full every
month, you create a positive credit history for
yourself. If you make late payments or don’t
pay at all, they can take the money you have on
deposit to pay your debt. Secured credit cards,
if used properly, can help you rebuild your credit.
> Get Secured
Visa or MasterCard or reloadable
credit cards are like a prepaid cell phone. The
money is on the card, you can use it like a credit
card in most places and you can reload them anytime
you need more money. Not all but some of these
cards report to the credit companies so will help
you to fix your credit. They are handy though
if you don’t want to carry cash or checks
around with you.
> Get Prepaid
Visa or MasterCard
* This online application is subject
to the terms and conditions as described in the
Important Information Section of the application.
*See the online credit card application for details
about terms and conditions. Reasonable efforts
are made to maintain accurate information. However
all credit card information is presented without
warranty. When you click on the “Apply Here"
button, you can review the credit card terms and
conditions on the cooresponding card issuer’s