Thursday, April 2, 2009

Bad credit cards

If you have less than perfect credit, credit card offers vary so be sure to shop around.  You aren’t just looking for a good deal.  You are looking to avoid a really bad deal.  Some secured credit card companies will charge a credit card application fee and others will not.  Most all secured credit cards have an annual fee, normally around $50, but they vary widely.  Make sure that you know exactly how much you will pay to receive the card.  It is possible that with an application fee and an annual fee applied to the first month you will have very little available credit remaining and a credit card APR in the stratosphere.  Secured credit cards, prepaid credit cards, bad credit cards and and credit cards for poor credit are all available.  Shop carefully for the best credit card and avoid the imploding ones.

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