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YES,YES, YES. Don't go down that road. The interest rates are too high and if you can't make a payment then the interest rates co crazy high. I know this from personal experience. Please don't fall into the belief that you have to use credit cards. If you don't have the money for something then you probably can live without it. If you need money for something, then go to your bank and talk to a loan officer. Do not go to one of those payday loan places either. Your bank will help you with what you need. I said need not want.
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Where can I get instant credit cards for bad credit?
It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.
How can you rebuild bad credit?
Simple, Pay up bad debt and start applying for secured credit cards. Bank of America offers secured cards and so does First Prenmier bank.
Does applying for a credit card ruin your credit if you do not have credit to start with?
No, not if you are applying for only one. If you apply for multiple cards, even if you get them ALL, that looks bad. (It might look like you are planning on running up a lot of those new cards and getting in way over your head in debt. And then being unable to repay.) Applying for one makes good sense.
Is it true when you apply for a lot if credit cards it makes you look bad?
Yes, it can do. A lender might firstly be suspicious as to why you need so many cards. Secondly, if you keep applying does it mean that you have been turned down? If so, why? Further, if you have many cards then the amount you could borrow on all cards together (your credit limit) is going up and lenders might be uneasy with the amount of credit you have in total.
Are there any credit cards available for people with bad credit?
There are credit cards available for people with bad credit. Secured credit cards are more suited for people with bad credit and are likely to be the only ones they will qualify for. Capital One offers a Secured MasterCard which is available for people with bad credit.
Where can I get instant credit cards for bad credit?
It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.
How can you rebuild bad credit?
Simple, Pay up bad debt and start applying for secured credit cards. Bank of America offers secured cards and so does First Prenmier bank.
Does applying for a credit card ruin your credit if you do not have credit to start with?
No, not if you are applying for only one. If you apply for multiple cards, even if you get them ALL, that looks bad. (It might look like you are planning on running up a lot of those new cards and getting in way over your head in debt. And then being unable to repay.) Applying for one makes good sense.
Is it true when you apply for a lot if credit cards it makes you look bad?
Yes, it can do. A lender might firstly be suspicious as to why you need so many cards. Secondly, if you keep applying does it mean that you have been turned down? If so, why? Further, if you have many cards then the amount you could borrow on all cards together (your credit limit) is going up and lenders might be uneasy with the amount of credit you have in total.
Where can I find a credit card with bad credit?
It depends on your credit score. If it is really low that is probably the best you can do because banks are not going to trust you with a credit card. Work on building up your credit before applying for cards.
Are there any credit cards available for people with bad credit?
There are credit cards available for people with bad credit. Secured credit cards are more suited for people with bad credit and are likely to be the only ones they will qualify for. Capital One offers a Secured MasterCard which is available for people with bad credit.
What credit cards can be applied for with bad credit?
Having bad credit a person limits themselves greatly on what credit cards they can have. The only card offered to people with bad credit is the Premier Bank MasterCard.
How can you find a credit card for bad credit?
There are many pre-paid cards and secured credit card options for those that have poor credit.
Can I get a credit card for my bad credit?
If you need to get credit cards to help repair your credit, try secured credit cards. Many banks offer secured cards like Wells Fargo and Citi. You can also try store cards but be sure you pay them off each month.
Where can one shop with bad credit cards?
When you have bad credit scores, it is difficult obtaining a credit card but when you do manage to get one, there are some stores that will still accept credit cards of people with bad credit scores, like Macy's.
Are there credit cards for people with bad credit?
Credit cards for people with bad credit are secured cards issued by banks. It is also possible to get unsecured cards with low interest rate or zero APR for the first six months. Negotiations can be done with the bank that issued your credit card.
Where can a person with bad credit obtain credit cards?
A person with bad credit can still obtain credit cards in some cases. However, they'll have to settle for secured cards from companies like Capital One and Bank of America.
