Checking Interest Rate To Find The Best Credit Card Offers

August 23rd, 2011 by admin

With so many offers available today, it’s not difficult to find a right type of credit card offer. But the problem is that sometimes it becomes confusing to determine the type of card that suits your needs adequately. That’s the big reason why it makes a lot of sense to do some research and then pick a credit card.

In order to select one of the best credit card offers, you need to keep a few important points in mind. For instance:

Always make sure you select a credit card after paying full attention to the interest rate it charges. It is important to check this point because some credit cards don’t require you to pay any interest; these cards work as debit account. On other occasions, you have to deal with a high interest rate; this happens when you choose credit cards for bad credit. in both cases, it’s important to determine your needs and then pay attention to the interest rate to clinch the perfect deal.

At the time of submitting your credit card offer, it’s important that you also check the change in the interest rate after a specific period. Some credit cards come with low or zero interest rate, but this goes on like this only for a set period of time, known as ‘grace period’.

The problem here is that though you enjoy the benefit of not paying high or any interest for a limited period, but everything takes a bad shape when this grace period is over. The interest rate takes a hike and it becomes difficult to deal with it. That’s why it’s of immense importance to check this point before finalizing a deal. And make sure you check the interest rate before and after the completion of a specific period.

The fact of the matter is that you have to pay attention to the interest rate when picking credit cards. Make sure you know the exact interest rate, not only at the time of shopping for a card but also after a few months of use. Paying close attention to these two points is surely going to help you select a perfect credit card deal.

Credit-land.com is the place to find all the very best credit cards. Whether you are searching for debit cards or you want business or student apply for a credit card, you can easily select one according to your needs and requirements. So, come have a look at what’s available for the taking.

Insatant approval AND Rush delivery credit cards?

my credit score is 684. are there any credit card websites where I can get instant approval online AND get rush delivery shipping so I can get the credit card in 2-3 days? Also, is 684 good or fair credit (b/c I need to apply for the right card!).

Answer
I read your previous question, and put it together with this one into one answer for you. Capital One will not give you a second account, you may only have 1 account at a time. SOME card issuers DO overnight cards to you after it has been processed. Do not be fooled by others saying that they wont do it. My BOA card was rushed overnight to me a few years back when I took the fam on vacation. Some companies will charge the fee to ship it. There is a problem here, you have decnt credit, which most companies will probably not approve you instantly, and will say to wait 14 business days for approval status, which means from the sound of your situation, you will keep applying at other places. This will put bad marks on your credit, further hurting your chances of approval.

In closing, think about whether or not you REALLY need to go on this cruise. Also, think about if you can afford to pay the card back. From how it sounds to me, you can’t afford this trip. It is not a necessity, maybe call your parents.

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Take Advantage of Mbna’s Triple Zero Per Cent Credit Card

June 10th, 2011 by admin

I’ve just realised how useful this credit card is especially to someone like me! The MBNA platinum credit card offers 0 per cent on three main areas of use;

0 per cent on balance transfers until December 2008 – 3 per cent fee applies

0 per cent on purchases until your statement date in March 2008

0 per cent on transferring cash into your current account until your statement date in December 2008

Personally I wanted to take advantage of the 0 per cent on balance transfers as I had a fairly hefty balance to transfer from another credit card. My other credit card was actually provided by MBNA for Sainsbury’s bank so unfortunately when I phoned to transfer my balance to the 0 per cent MBNA credit card I was told this wasn’t possible because in essence the balance was with MBNA anyway.

Luckily I was able to transfer cash into my current account using the MBNA credit card, still at the 0 per cent rate, until December 2008, and then I was able to simply write a cheque to Sainsbury’s bank to pay off the balance on the card. The idea of transferring cash into a current account is a very flexible way to get round the balance transfer issue I had but would also be useful for customers wanting to get make their credit cards worl to their advantage.

Most credit cards available today will offer 0 per cent on purchases for only 3 or 4 months but with the MBNA platinum card you could take advantage of this transfer cash into your current account, at 0 per cent.

If you have a budget for Christmas shopping, birthday presents or know you’re likely to treat yourself to something during the course of the next year, maybe even a holiday or second hand car purchase, you could use an MBNA platinum credit card and borrow in advance for these purchases, at 0 per cent.

Work out how much you’re likely to spend, make sure you’re being realistic and not greedy for the sake of it, don’t waste this money! Then simply transfer the amount into your current account and enjoy the 0 per cent rate until your statement date in December 2008.

I would personally only do this for the ‘bigger ticket’ kind of purchases you think you’re likely to make during the course of the year. Of course this is all subject to whatever credit limit MBNA decide is suitable for your circumstances….Worth thinking about though?

Simon Duffy writes for the Financial Blog a UK Finance Blog talking about all aspects of personal finance

consolidate all my high interest loans and credit cards into one monthly payment.?

I’m trying to consolidate all my high interest loans and credit cards into one monthly payment. I currently pay over 600 dollars a month. I need to borrow 12,0000 to do so. I have fair credit and have been current on all my payments for the last three years. I have tried prosper.com it is a fake. I had two listings and even tried to join a group. Not even one bid. I have been employed for three years on the same job. I don’t understand why I keep getting turned down. If anyone has any info please help. Thanks

Answer
We can do nothing for this.. If you want guide means just take a look at the below link.

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Recovering from Financial Woes with Unsecured Bad Credit Cards

June 10th, 2011 by admin

Life is extremely unpredictable. You could be financially carefree 1 moment – then struck down with emergency expenses the next. For many people, unforeseen, inevitable and sometimes even fortuitous circumstances – death in the family, sickness, natural calamities – these are just several issues that can cause you to miss out on your obligations.

When any of these unfortunate events happens, food, shelter and all the fundamental requirements become a priority while credit payments along with other monetary obligations suddenly take an instant backseat. Credit card installments can be missed, residence mortgages can grow to be overdue and home utilities are on the brink of being cut off on account of non-payment. Nobody wants this to occur to them but all of this a reality.

Do not lose hope though, there are now unsecured bad credit cards that may help you on the road to recovery from unwanted debt. Unsecured bad credit cards are credit cards which are approved for men and women who like you have unfortunately been hit by the volatility of living. These cards give you a second chance at establishing a great credit history.

Unsecured bad credit cards are offered at low interest rates compared to other cards, as long as you are reliable and can pay them back on time. Even with the minimum due amount, you will soon be able to erase some, if not all, of your debts away. You will be able to apply on the internet, or at any of your local banks. You will find now numerous web sites on the net that can help you acquire a card for your self. No credit checks, no background history, no refusals. Unsecured bad credit cards are fairly straightforward to apply for; they have no activation fees or hidden charges and really low, minimum payment rates. There are even some bank organizations that supply money back or travel rewards!

So why not rebuild your credit history? Unsecured bad credit cards can help you turn your life around and lead you on your road to financial recovery. Take back your life, apply for 1 right now today and be debt free.

To learn more about consolidation loans, unsecured credit cards, unsecured student loans and much more, visit UnsecuredCreditCardApplication.net. We research and write articles to provide information about a vast number of finance related topics. It is your source for everything finance from unsecured bad credit cards to information about unsecured credit loans.

What is a good APR on a credit card for someone who has a fair/good credit history?

I’m just curious. Nowadays it seems pretty difficult to find a credit card with less than 18% interest. I recently got a credit card with a 15.24% APR and I’m wondering if I should count myself lucky.

Answer
The APR doesn’t matter. All credit cards have ridiculous rates. They are not designed for long term borrowing. They should be used as a method of payment and paid off each month unless you have an emergency like your car breaks down. If you are carrying a balance on the card you are in financial trouble.

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Tips to Use to Compare Cash Back Credit Cards

June 7th, 2011 by admin

Have you ever considered credit cards with cash back? These unique financial instruments actually pay you back when you use them for qualified purchases. You’ll find many available from all the major credit card companies, including both American Express and Visa cash back credit cards. In addition, similar programs are offered by Mastercard and Discover.

When you decide to compare cash back credit cards, you’ll want to consider the types of purchases you’ll be making, as this will help you in making a determination of which credit cards with cash back will best serve your needs.

Cash back credit cards are available from a wide variety of sources, including banks, retail stores and oil companies. Here’s a tip: if you have an opportunity to join a credit union, do it – because all cards offered by these non-profit, member-run alternatives to banks, including credit cards with cash back, typically offer much lower interest rates as well as other fees. This will allow you to maximize the benefits of cash back credit cards.

Gas cash back credit cards are fairly common, and as more and more fuelling stations become automated, are very convenient as well. The only drawback is that gas back credit cards are useful only at stations owned and operated by the corporation that issue them.

The same is true of what are known as ‘house’ credit cards with cash back. These are issued by specific retailers, and while they can often be used almost anywhere, you’ll only get cash rewards when you shop with that particular retailer. It can still save you a great deal however, especially if the house card offers some type of ‘rewards’ program; this usually translates into generous discounts on many kinds of merchandise.

Cash back credit cards that offer rewards allow the cardholder to earn such useful things as frequent flyer miles, special pricing on entertainment and dining, and even actual cash deposits into your bank account.

Again, it’s a good idea to compare cash back credit cards, as well as read and thoroughly check the terms of the agreement carefully before signing the application. Make sure that the card will actually be of benefit for you, and take note of any limitations – for example, is that offer for 5% cash back for as long as you hold the card, or does it expire six months down the road? Will the interest rate change? What kind of fees are assessed and for what?

Doing due diligence before signing up will insure that the credit cards with cash back provide you with real benefits.

Susan Slobac is a personal financial advisor. She specializes in working with individuals to improve their credit rating, build assets and maximize the benefits of specialty programs like credit cards with cash back.

Does Apple extend credit to people with a fair credit score?

My plan was the get an Apple notebook next year but it may have to be sooner since my sh*tty PC got infected again with sh*tware. I’m just so fed up with dealing with it. The problem is I’m still getting my credit card balances down. My credit score falls on the Fair category. I have never missed a single payment, though. It’s just that my balances are high in relation to my limits. I want to try applying for an Apple credit account but I do not want to put another inquiry in my credit history this early since 2 months ago, I was trying to get loans from virtually anyone that offered loans and got denied for each and every one of them. So I was wondering if anyone out there with a fair credit score has ever been approved for an Apple credit account. Thanks much for any comment. Just really hating my PC right now.

Answer
With all the inquiries that you have on your credit after all the applications that you filled, your score is now even lower, I would recommend you to go to your bank to apply for a computer loan, make sure you go prepare with a print out of The store where you are gonna buy the computer and the cost, recent check stubs and proof of residence, if they don’t approve you find a finance company that work with people with bad credit, keep in mind that if they approve you, is going to be with a very high rate. try to lower your balance and DO NOT put a lot of inquiries on your credit, looks real bad to the lender’s eyes.
in finance for 15 years.

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Prepaid Credit Cards for Teenagers the Best Offer

June 4th, 2011 by admin

Pre paid credit cards have some additional benefits as well, with most pre paid credit cards you have guaranteed approval and as you spend only what you put in, you would not be charged overdraft fees. Credit cards as gifts, rechargeables, ways to protect yourself from ID Theft, and more. Credit cards are used in many daily activities like renting a car, booking a hotel, vacation or flight. Credit Cards Apply Online Fair Credit RatingIn book hotel rooms require a credit card, bad credit Visa cards are prepaid debit cards since there is little difference, these may help those of it is opening another credit card account of some people do not want to take the risk in.

 

Prepaid Gift Cards can be a great idea for you to get cheap and easy way. Prepaid credit cards are like credit cards, however you load money on to them. Prepaid Credit Cards can be used wherever credit cards can be. Prepaid credit cards are designed for individuals who might have difficulty getting approved for an unsecured line of credit but would still like all the functionality and convenience of a regular charge card. Prepaid credit cards work just like regular debit or charge cards; you can use them at any location that accepts Visa or MasterCard and some will even issue you a PIN number to use to withdraw cash at any ATM, anytime, anywhere. Prepaid credit cards can’t get you into financial trouble or lead to credit problems, which is probably why you need a prepaid card in the first place.

 

Pre-paid credit cards are the obvious choice for teenagers for so many reasons…

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Article written, submitted and maintained by Top Notch News. Copyright 2008.

Insatant approval AND Rush delivery credit cards?

my credit score is 684. are there any credit card websites where I can get instant approval online AND get rush delivery shipping so I can get the credit card in 2-3 days? Also, is 684 good or fair credit (b/c I need to apply for the right card!).

Answer
I read your previous question, and put it together with this one into one answer for you. Capital One will not give you a second account, you may only have 1 account at a time. SOME card issuers DO overnight cards to you after it has been processed. Do not be fooled by others saying that they wont do it. My BOA card was rushed overnight to me a few years back when I took the fam on vacation. Some companies will charge the fee to ship it. There is a problem here, you have decnt credit, which most companies will probably not approve you instantly, and will say to wait 14 business days for approval status, which means from the sound of your situation, you will keep applying at other places. This will put bad marks on your credit, further hurting your chances of approval.

In closing, think about whether or not you REALLY need to go on this cruise. Also, think about if you can afford to pay the card back. From how it sounds to me, you can’t afford this trip. It is not a necessity, maybe call your parents.

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Credit Card Balance Transfer Benefits

June 1st, 2011 by admin

If you have existing credit or store card debts that you pay interest on then you could save money by simply transferring your balance onto a new credit card. This simple change could save you hundreds or even thousands of pounds, depending on the amount of your initial debt.

Choosing the right balance transfer deal depends on your personal circumstances and you should think about how much debt you have, how quickly you can repay the outstanding amount and your credit score.

Keeping your credit card interest rate as low as possible is vital when trying to keep on top of your debt. If the interest rate on your current credit card has crept up then it might be time to shift the balance onto another card.

It seems a fruitless exercise to pay high interest on your current credit card debt when you could transfer the balance to a new card with a lower interest rate from which you can benefit.

A credit card balance transfer simply means moving the balance from an existing card onto a new card, generally with a different provider. This is a saving savvy way to reduce interest paid, especially if your new card has an introductory offer like 0% interest on balance transfers for a certain time period.

Spend a little time carrying out some research to ensure you find the best offer on the market as a little time spent at the beginning can pay off in the long term.

Many credit card providers offer a 0% balance transfer credit card, with recent additions to the market boasting the added benefit of a tailored credit limit. This helps you to streamline your spending with your lifestyle and helps to ensure you have money in place when you need it the most.

0% balance transfer credit cards are fairly common so some card providers are offering incentives that offer the consumer even more advantages.

Look out for credit card deals offering 0% introductory interest-free rates on not only balance transfers but any purchases you make as well. Introductory offers that give you interest free purchases for a few months and interest free balance transfers for twelve months are a wise choice as they allow you to enjoy the best of both worlds.

What you do need to remember is that many balance transfer deals are dependent on you making the minimum payment on time each month as well as staying within your credit limit. Failure to meet the minimum payment or late payments can push your balance up to the standard interest rate and you lose the benefits that attracted you in the first place.

Once you have found your ideal credit card transfer deal then all you need to do is apply, usually a user-friendly procedure. You can apply for most balance transfers online so everything could even be arranged from the comfort of your own home.

Matthew Pressman writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.

easy issue credit cards which cards are easiest to get?

department store cards , visa , mastercard , and gas cards for fair credit

Answer
Easy credit is not a great idea what you should be looking at is a credit card from your bank.

The fees are lower and the credit check will evaluate your worthiness to repay.

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Low Interest Rate Credit Cards Facts Worth Knowing

May 29th, 2011 by admin

A lot of people are wondering where they could get the best credit cards with low interest rates. This is because most people fear that they will not be able to handle the fees cards with high interest rates impose.

Most people nowadays actually have fair to bad credit scores which makes it difficult for them to find the best credit card they can use. The use of cards that offer low interest can help you boost your credit score so that you can end up with the best type of credit card you need.

There are already trusted websites nowadays that offer online applications for cards that have low APRs or annual percentage rate. This can help you a lot in easily determining and also getting the best card for you through the use of the internet.

However, there are some certain facts you need to be aware of when it comes to these credit card offers. This is to ensure that the terms for this particular type of plastic will work for your needs and also for your financial capabilities.

Low Fixed Rate versus Low Introductory

Credit cards with low interest rates are offered in either a low fixed rate term or a low introductory APR. Fixed low rate cards are those that continue to have low rates for life.

This is suitable if you have a good credit score and you are confident that you can boost it with this particular card type’s aid. A card with low introductory on the other hand only offers a 0% interest rate for a length of 6 to 12 months. This can already help you save a lot of money while also giving you the chance to boost your credit score as well.

Tips before Making an Application

Before you finally decide to apply for low interest rate credit cards, it is important that you first check your FICO score and your payment history. The FICO score determines whether your credit score is bad or good.

If you have been punctual when it comes to making payments, then expect that your score is high. FICO scores that are below 600 are considered poor.

If you found out that your FICO score is poor or if a trusted professional tells you that you have a bad credit score, then a credit card with low APR might not be the best for you. It is advised that you apply for a secure credit card instead.

A credit card that has low to even 0% interest rate is not for everyone. It is important that you first figure out if you are one of those who can greatly improve their credit scores with the help of a low APR credit card.

Making sure that low interest cards work for you best is important so that you don’t end up damaging your credit score once more.

If you are in search of the best place to acquire low interest rate credit cards through an online application, then you should look no longer.Credit-land.com offers you the best deals when it comes to the best types of credit cards to use.

question regarding credit cards for bad credit?

I have fair to poor credit and currently have only one credit card, but want to add one more as part of my aim to raise my credit score over time. All the credit cards I have looked at for my situation so far come with annual fees. is this normal? should I expect a fee due to my low credit rating? i remember reading somewhere that you should avoid any card with an annual fee as it is basically a scam. who knows the facts on this? thanks.

Answer
It will be almost impossible to get a credit card with ‘no annual fee’ if your credit is bad. Basically, you have to pay more for the opportunity to borrow since you pose such a high risk. It’s not uncommon– and it’s not a SCAM if you have to pay annual fees. You can find a complete list of reputable credit cards for poor / no credit here:

http://www.asapcreditcard.com/poor-credit.html

It sounds like you’re on the right path to improving your credit score. Get a second card, carry small balances and always make your monthly payments on-time. Eventually, you’ll be able to qualify for better offers with lower APR’s and less fees. But for now, these are your options…

Hope this helps. GOOD LUCK!

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Cash Back Credit Cards Offer Equal Benefits

May 26th, 2011 by admin

Cash back credit cards are becoming more common as more and more merchants and retailers accept credit cards as a form of payment. Although cash back cards might seem like an altruistic move by card issuers, the reality is that these cards generate significant profits for them. But the truth is that these cards also provide the significant opportunity for cash back rewards and rebates, offering potentially equal benefits for all parties involved.

Thanks to the growing resurgence in online business (and thus the growing resurgence in online credit card transactions), the market is seeing a variety of new, individualized credit cards unprecedented in history. And, in keeping with the online retailing trend, one of the most prevalent of the new credit cards is the cash back credit card. Cash back credit cards work on a very simple principle: when you shop–using your cash back credit card–at certain targeted retailers or stores, a portion of the money you spend comes back to you, either in the form of a credit to your account or a check (or in some cases a gift certificate to a particular retailer.) Although the rewards are fairly small, the money you get at the end of the year amounts in some ways to a free gift from the credit card company: a way of saying ‘thanks’. How generous the card issuer is, right–altruistic, even?

It’s a bit more complex than that. Cash back credit cards can only function as a promotional mechanism for the card issuer and can only offer them as an incentive for increased purchase activity. You might think that the company just doles out these rewards from the money that cardholders inject into the company in the form of monthly interest, annual fees, and such, or simply from the credit card company’s cash reserves. But that’s not usually the case. The money that returns to you when you use a cash back credit card at a retailer wasn’t originally your money, or the credit card company’s money. It comes out of the retailers and merchants pocket where your transactions occur.

If you’ve ever had a credit card turned down at a restaurant or retailer because they don’t take your particular credit card, here’s why: in order to process credit card transactions, retailers pay a small percentage of the purchase amount as a fee that is payable to the credit card company. These fees are a significant profit center for the card issuers who have figured out how to co-op increased purchase activity be sharing a percentage of the merchants transaction costs with the cardholders. Ingenious, isn’t it?

If a credit card company has a cash back credit card that offers 5% of your money back on all gas purchases, you have a real incentive to buy gas from your local station more often and to buy it on credit. This means that the credit card company benefits, first because you’re using their services more often (and thus accruing higher balances), and second because every time you use your card at a gas station, the station pays right along side you.

However, this is not a bad deal for the gas station, either, since more cardholders are frequenting their station and buying more gas, only a percentage of the price of which goes to the credit card companies. This means that they’re more likely to deal with that particular credit card company, since doing so is now a powerful source of revenue for them (as well as a slightly more powerful source of expense.) And finally, once cardholders get their cash back, guess where they’ll probably take at least a portion of it, using the freshly-added credit on their cash back cards?

It’s a clever, yet symbiotic relationship. But everyone in the cash back credit card circle seems to benefit. The credit card company and the gas station generate more business, and the individual cardholder gets essentially a discount on purchases in the form of cash rebates or rewards. While the cost of these programs for card issuers will likely increase as more cardholders begin to understand and utilize these card products more effectively for their personal gain, the popularity of cash back credit cards with consumers is not likely to wane anytime soon. While not entirely altruistic, for everyone in the cash back benefit loop, cash back cards still make sense.

Robert Alan highly recommends that you visit CreditCardAssist.com for more on cash back credit cards.

What is a link to a hassle free credit card app for people with fair credit to get a decent line of credit?

I am not concerned about high interest rates. I just need a reasonable line of credit.
No, i have not been denied.

Answer
Your post isn’t clear, have you been denied?

Try bankrate.com for good info/links.

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Things To Remember When You Apply For A Best Credit Card Offers

May 23rd, 2011 by admin

The use of a credit card can be a double edged sword. You can either use it optimally to build your credit rating, or you could do things that you shouldn’t do with it and live with the consequences for years. Before you apply for a credit card offers, read this story to see what you’re going into.

Take for instance a mother of three who used to work as an accounts manager in a prominent marketing firm in New York City. For privacy purposes let’s just call her Gina.

In 2004, Gina joined the company and was tasked with handling the campaigns for their new clients. The first account that she handled was a raving success and her pay grade was suddenly bumped up to a very significant degree.

How significant?

Well, let’s just say that one of the perks that she got was a new Toyota Prius, courtesy of the company.

She already had a credit card and decided that she needed an upgrade to increase her buying power as well as to make it easier for her to buy more. After all she’s a big shot now, in charge of managing the advertising and marketing portfolios of several Fortune 500 companies.

Over time, she was able to rack up over $100,000 dollars in revolving debt. That’s not a problem since the income from her job helped her meet the monthly payments. While she was doing this, she was also in the habit of maxing out her new credit card. Her husband was getting worried, but she always kept on promising him that her new accounts would pay for the debt.

Best Credit Card Offers

Now one question that could be bothering you is why Gina got another credit card in the first place.

The answer lies with the advertising that barraged her, offering the ‘best credit card offers’.

Experienced holders of credit cards know that credit card companies lure customers by means of these special offers. When you apply for a credit card, some of these could include:

• Low interest rates

• Low monthly APRs

• No annual fees

• Fraud Protection

• Travel Accident Insurance

To be sure, there are many variations of these so called ‘best credit card offers’. There’s nothing inherently wrong with them if you look at them. The thing that gets most customers unaware is the finer print and the exclusions.

For Gina, it was the low introductory APR that got her. She didn’t know exactly when that introductory offer would expire and frankly she didn’t care that much.

But then it expired. The bank then charged her astronomical rates. By the time the adjusted rates got to her, she was in disbelief. She called the bank and told them that they’ve made a mistake. But then she was appalled by their response which came out to the tune of, ‘There was no mistake, please take a look at your loan terms in section so and so.’

Be Careful What You Sign

Affixing your signature in a very long legal document contains many implications. At the end of the day, it won’t matter what the bank advertised about their ‘best credit card offers’. When you apply for a credit card, always, and this point needs to be emphasized clearly – always look at the exclusions and special clauses governing the agreement. When you sign these documents, you are practically saying ‘yes’, to everything that the banks say in it.

There is no legal recourse and you can’t claim ignorance if a particular clause you didn’t understand plays out to the advantage of the bank. You need to be extra careful and treat the documents that you sign with the utmost care and understanding.

Going back to Gina, by 2009, it all went down in flames. The company that Gina worked for was severely affected by the economic crash. Practically everyone had to go and find a new job. Gina was shocked at the seeming inopportune timing for such an event.

‘When it rains, it pours.’

There was no choice for Gina. No amount of haggling and negotiating ever got her anywhere. Her anger turned to sadness, and her sadness turned to despair. Not only did she have to sell the Prius, but she had to sell it at less than half its fair market value. She then had to work two jobs in one day just to pay for the credit card bills. She’s fortunate that her husband still has his job.

Credit-Land.com offers consumers the chance to see the best credit card offers or low interest credit cards in the market today by offering an easy to access chart displaying the many offers of various credit card companies. If you want to know more about the options available to you, visit credit-land.com

Can anyone recommend a fair credit card for people with poor credit who are on the road to reestablishing it?

Does anyone have first hand positive experience with a secured or nonsecured credit card company in this regard?

Answer
If you can’t get a credit card because of poor credit, go for a secured credit card. Which means your credit is whatever you have in their account. If you open up an account with $500, then $500 is your credit limit on that card. Yes, I do know it’s difficult to do when you don’t have the funds. And yes, I do realize that it doesn’t seem like much to work with. But trust me, it’ll help you build your credit history. Your credit report doesn’t say that it’s a secured credit card. Just make sure you keep up with the payments. Build up some credit. Eventually you’ll be able to get an account that isn’t secured. It takes some time, but it is worth it.

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Credit Cards For Fair Credit Your Key To A Better Credit Score

May 20th, 2011 by admin

Credit cards are one of the main determinants of your credit score. This is because it is one of the most ubiquitous ways for people to avail of their credit options. While mismanaged credit cards for fair credit can turn your good or fair credit score to bad, a properly managed credit card plan can save you from spiraling down credit score hell. First, of course, we need to be able to define what a fair credit score is for you to get a good idea on where you stand and to find if this guide is for you.

Credit scores are a composite score derived from different factors which affect your credit. The most prominent factors here are credit management and credit utilization. Income is not given a huge emphasis, since you may have a large income and still live above your means. Credit scores determine your creditworthiness and is a crucial factor in most transactions you enter with different financial institutions today.

It is also a measure of risk, making it suited as a supplementary scoring system in the insurance sector. In addition, it is also checked on by employers as a factor in hiring employees, particularly at the lower rungs of the corporate ladder.

Credit scores range from 300 to 850. A score above 720 is considered to be a good credit score, while those below 650 is considered as bad credit score. Thus, the range from 651-719 is considered as a normal or average credit score. In this case, most lending institutions will simply require you to provide additional documents before they give you a loan, and will charge higher interests and fees than those at the top category.

You also get higher credit limits than those who are in the below 650 range, or the subprime sector, but will still have a cap, unlike those above 720, who may get an unlimited credit limit.

Being in the fair zone means that you can more easily improve your credit score. You can do this by simple reorganization of debt. In this instance, having additional credit cards while lowering the credit limits of each will allow you to have a more extensive credit record while lowering your credit utilization rate. This makes more lenders trust you and will in turn give you some leverage when asking for favorable deals. You just need to prevent your eggs being put in a single basket.

Looking for the best credit cards for no credit? credit-land.com can help you find the best type of no credit plastics that fits your needs.

question regarding credit cards for bad credit?

I have fair to poor credit and currently have only one credit card, but want to add one more as part of my aim to raise my credit score over time. All the credit cards I have looked at for my situation so far come with annual fees. is this normal? should I expect a fee due to my low credit rating? i remember reading somewhere that you should avoid any card with an annual fee as it is basically a scam. who knows the facts on this? thanks.

Answer
It will be almost impossible to get a credit card with ‘no annual fee’ if your credit is bad. Basically, you have to pay more for the opportunity to borrow since you pose such a high risk. It’s not uncommon– and it’s not a SCAM if you have to pay annual fees. You can find a complete list of reputable credit cards for poor / no credit here:

http://www.asapcreditcard.com/poor-credit.html

It sounds like you’re on the right path to improving your credit score. Get a second card, carry small balances and always make your monthly payments on-time. Eventually, you’ll be able to qualify for better offers with lower APR’s and less fees. But for now, these are your options…

Hope this helps. GOOD LUCK!

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