Credit Cards for people with Bad/Poor Credit
A Credit Card is one of the best ways to improve your Credit rating.
Each month thousands of customers are Successful in getting a Credit Card. Prime Credit Cards are often out of the hands of people with Poor Credit Histories, but don’t worry, there are plenty of options.
Start your Credit Rebuilding with a Credit Card designed to be more flexible in helping those with Poor Credit Histories, use the card often, stay with the Credit Limit and Pay on time each month and you will could start seeing your Credit Rating improve.
You can usually use a Sub Prime / bad credit – credit card as a stepping ladder, if you can, try to pay off the full balance each month, as the interest rates on some Sub Prime cards are higher.
Bad Credit Credit Cards usually have lower credit limits, but if keep up with the repayments and stay within the credit limit you could qualify for a Credit Card Credit Limit increase.
To improve your chances of your bad credit card getting a credit limit increase try and keep up with all of your credit agreement payments elsewhere.
Also limit the number of applications you make for Credit. Making too many applications for Credit lowers your Credit rating for a short period and can make an Applicant look desperate or worse, could alarm Lenders that someone is attempting to take Credit out in your name.
Once you have your Bad Credit Credit Card, use it, even if you only make small purchases on it. Try and set up a Direct Debit to make the repayments.