poor credit cards http://www.artwoo.com Returned search results for poor credit cards Copyright 2008 Sat, 22 Nov 2008 12:12:25 +0000 http://www.artwoo.com/rss/poor+credit+cards What Is A Bad Credit Credit Card? http://www.artwoo.com/article/what-is-a-bad-credit-credit-card http://www.artwoo.com/article/what-is-a-bad-credit-credit-card#comments Mon, 10 Sep 2007 19:20:00 +0000 bad credit credit cardscredit card issuersecured credit cardscredit credit cardsbad credit credit cardcredit cards securedsecured creditcards http://www.artwoo.com/article/what-is-a-bad-credit-credit-card bad credit credit card is a phrase which describes credit cards issued to individuals with bad credit ratings. "" provide a chance for people with less than perfect credit to obtain a credit line and possibly improve their credit rating. Although these creditcards will carry rather "unfriendly" terms such as higher than normal interest rates, they give those with a poor credit history an opportunity to take advantage of the convenience that credit cards offer.

Another term that is sometimes used to describe bad credit creditcards is "". require users to deposit cash into their account prior to using the account. Doing so allows these customers to develop a history of responsible credit card use with the issuer.

If you're interested in applying for a bad credit credit card, there are many choices available. When you begin comparing different credit card offers for those with poor credit history, there are 3 factors that you should really take into consideration before submitting your application.

1. What type of credit limit you can realistically expect from the

2. What fees are imposed on cardholders and the interest rate you'll be charged when carrying a balance

3. What is the minimum balance (if any) that you'll be expected to keep on deposit with the card issuer

Bad credit credit cards are an excellent way for those with poor credit ratings to get back on track. If you apply for one of these creditcards, remember to use it responsibly and avoid misusing your newly acquired line of credit. Credit cards, when used responsibly of course, can be extremely convenient and provide a safety net in the event that emergency funds are needed. Unfortunately, many people abuse their cards and wind up deep in debt with a ruined credit rating. For bad credit credit card reviews, visit the Credit Card Forum at http://www.TheCreditCardForums.com/ today. Registration is free so signup now! ]]> Credit Cards For Poor Credit - Secured Bad http://www.artwoo.com/article/credit-cards-for-poor-credit-secured-bad http://www.artwoo.com/article/credit-cards-for-poor-credit-secured-bad#comments Thu, 04 May 2006 18:46:55 +0000 bad credit credit cardssecured credit cardscredit card companiesimprove your credit scorefortunatelyfurthermoredoable http://www.artwoo.com/article/credit-cards-for-poor-credit-secured-bad credit card companies consider you a bad risk. , there are ways around this problem. Obtaining a credit card with poor credit is . However, it's going to require a little effort and research. Here are a few tips for getting easily approved for a credit card with bad credit.

Apply for a Retail or Gas Credit Card

If no credit history is standing in the way of you getting a major credit card, consider applying with small retail stores or obtaining a gas card. Unless you are a student, most credit card companies do not willing approve those with no credit history. However, store accounts are easier to qualify for. After approval, use the card responsibly. This will help build or , which makes getting approved for a major credit card effortless.

Get a Credit Card through Your Bank or Credit Union

The majority of banking institutions offer major credit cards. If you are a customer, the credit approval department may be willing to issue you a credit card with a small limit. With this said, it is important to maintain a good relationship with your bank. For example, avoid bouncing checks or incurring overdraft fees. If poor money management skills are displayed, the bank is less willing to assist you. , attempt to build a cash reserve. This could possibly improve your odds of approval.

Apply for a Secured Bad Credit Credit Card

Many credit card companies advertise . To get approved, this usually entails opening a savings account with the company. In this case, the credit card is secured. Although require upfront cash, and usually involve several start-up fees, this is the easiest method for quickly improving or building a solid credit history.

The credit limit on secured credit cards varies. For the most part, the limit is equivalent to the amount placed into the savings account. As credit score improves, the company may gradually increase your limit. Try using http://www.abcloanguide.com for a list of Recommended Poor Credit Credit Card Companies online. Their recommended companies are reputable and competetive in their rates. ]]> Credit Cards To Avoid http://www.artwoo.com/article/credit-cards-to-avoid http://www.artwoo.com/article/credit-cards-to-avoid#comments Wed, 13 Sep 2006 06:27:06 +0000 bad credit cardsstore credit cardssecured credit cardsrate credit cardsapplying for a credit cardhttpbeneficial http://www.artwoo.com/article/credit-cards-to-avoid bad credit cards. While credit cards can be very to many consumers, some credit cards may not be for every type of consumer. Here are some tips on credit cards to avoid.

Usually are not for everyone. Secured credit cards are when you open a bank account and deposit money into it, in which the credit card will give you a specific limit for. Secured credit cards are great tools for people with no or poor credit history, but can be expensive and not practical for consumers with a solid credit history and good credit rating.

For people looking for reward credit card offers, make sure you read the fine print, rewards offers are not for everyone. You can spend lots of money chasing rewards that may be worthless, do some homework and realistically think if you will be using the card enough to qualify for valuable rewards.

Low introductory interest can be a disaster in disguise for some consumers. Many low introductory interest rate offers last for six months or one year, which is great, but once the time period has ended, the interest rates might rise suddenly. You can be stuck with lots of credit card debt and a high interest rate to boot.

can sometimes be cards to avoid as well. Store credit cards are usually only allowed to be used at certain stores, which is fine. However store credit cards can have high interest fees and you can usually purchase the same items with your own standard credit card with a lower fee.

Remember, if you are , do your homework and think about how you will use it. Not all credit cards fit each person's specific situation and should be avoided. Connie Barker is the owner of several financial websites including http://www.directcreditcardservices.com/bad-credit-cards.html ]]> The Most Common Types Of Credit Cards http://www.artwoo.com/article/the-most-common-types-of-credit-cards http://www.artwoo.com/article/the-most-common-types-of-credit-cards#comments Mon, 01 May 2006 03:50:03 +0000 poor credit cardsbusiness credit cardscredit cards creditreward cardsbusiness credit cardcredit card creditrewards http://www.artwoo.com/article/the-most-common-types-of-credit-cards
The most common type of credit card is a standard credit card. Standard credit cards are ones that are used by individuals with good or average credit. Many times they are not used for any particular purpose other than just to have a credit card. The two most common features found on a standard credit card include low introductory interest rates and balance transfers.

Debt is becoming a problem all around the world, but even debt ridden individuals need to have access to a credit card. Credit cards designed for individuals with poor credit are often termed as specialty credit cards. Specialty credit cards may have more fees and restrictions than standard credit cards. In addition , credit cards that are designed especially for college students are often termed as specially credit cards.

are gaining popularity in today's society. Reward cards are credit cards that offer or incentives for card users. The most common rewards include airline miles and cash back. The rewards offered will all depend on the credit card company in question. Additional rewards could include clothing, food, gasoline, and more.

s are just as popular as standard credit cards. The difference between the two is that business credit cards are used for business purchases instead of personal purchases. Sometimes business credit cards are also referred to as specialty cards, but many times business credit cards receive their own heading or title. It is possible to find a business credit card that is similar to a rewards card. These cards are likely to offer incentives to business owners who use their credit cards to make certain purchases.

Prepaid credit cards are another one of the popular types of credit cards. These cards are used the same way as traditional credit cards when making purchases. The only difference is that a credit line is not given. Instead of a credit line, the amount of money available to use on a prepaid credit card will all depend on how much money was put on that card. Prepaid credit cards are most commonly used by teenagers and adults who are in the process of recovering from debt.

The above mentioned types of credit cards are offered by a large number of different credit card companies. With different types of credit cards available it may be difficult for you to choose the perfect card for your needs. To determine which credit card fits your needs you should examine the use of each card and then apply it to your needs to see if they match. James Mahony is the founder of Credit Card Information - A site dedicated to Credit Card Information http://www.guaranteedapprovedcreditcards.com http://www.creditcardapprovals.com http://www.articlesforwebsitecontent.com ]]> Credit Cards For Bad Credit Applications http://www.artwoo.com/article/credit-cards-for-bad-credit-applications http://www.artwoo.com/article/credit-cards-for-bad-credit-applications#comments Mon, 01 May 2006 20:32:03 +0000 secured credit cardsapply for a credit cardsecured credit cardstudent credit cardunsecured credit cardcredit card companiescredit card company http://www.artwoo.com/article/credit-cards-for-bad-credit-applications apply for a credit card. While it is true that you may be rejected from getting certain credit cards or loans, there are options available for those who have bad credit. Since a sizeable percentage of the population has bad credit, this has created a market which many banks and have tapped into.

Your credit report is a reflection of your credit history, and it is very important when you need to apply for a car or mortgage. There may be situations where you will need a credit card to complete a certain transaction, and if you have bad credit you will run into problems. There are a number of options available for those with bad credit who want cards. s are one good option. A secured credit card allows you to deposit money into the account which you can then use.

Instead of borrowing money from the , you use your own money. You will not be allowed to go over the amount you place on the card. Despite this, you may have to pay the credit card company a fee in order to use their cards, and this is how their money is made. A secured credit card can be used to make any of the purchases you can make with a . A prepaid debit card is another option that is used by people who have less than perfect credit.

If you are a student in college, an option may be available for you called a secured . These cards will allow students to begin building their credit while they're still in school. Students who use these cards are prevented from going over their limit because they can only spend money which they've placed on the cards. It is important to remember that you won't get the best deals or rates if your credit is poor. However, we live in an electronic age, and it is difficult to conduct many transactions without having either a debit or credit card.

Secured credit cards are a great way to allow you to make transactions while you continue to rebuild your credit. If you work hard to repair your credit, you won't be in debt forever, and using these cards will allow you to easily make electronic transactions. Joe Kenny writes the credit card comparison sites http://www.creditcards121.com http://www.cardguide.co.uk ]]> Avoiding Sub-prime Borrower Cards http://www.artwoo.com/article/avoiding-sub-prime-borrower-cards http://www.artwoo.com/article/avoiding-sub-prime-borrower-cards#comments Fri, 17 Aug 2007 14:15:00 +0000 borrower cardscredit cardssub prime lendingcredit cardtake a riskpay the moneymoney back http://www.artwoo.com/article/avoiding-sub-prime-borrower-cards credit card that isn't more expensive than it's worth. If you have had bad credit in the past or not, it is important that you avoid sub-prime . These cards are very expensive, and if this is your only option you should not get a credit card. If you want some advice on how to avoid sub-prime borrower cards then this guide can help you.

What is sub-prime lending?

Sub-prime lender is not a new type of lending, but it is growing in popularity. This type of lending is offered to people who have poor credit or who don't meet the requirements of other lenders. Although this might seem like a good thing, often the drawbacks and costs of such lending far outweigh the benefits.

What are the costs?

Although it might seem strange that a lender would want to giving a credit card to someone is a risk in terms of being able to back, they can actually make a lot of money from it. By offering poor credit consumers that they could not get anywhere else, but with massively high interest payments and fees, they can make money even if some people are unable to pay. You might get a =A3500 credit limit, but =A3200 of that could be fees and the interest could be 30% or more.

Who gets targeted?

Mostly people with poor credit ratings get targeted for such cards, although other groups of people can end up being offered these cards, such as the self-employed. If you are offered one of these cards you should definitely decline. Even if your credit is bad you should not have to pay such an amount for a card. If there are no other options open to you, then it is likely that having a credit card would be a bad idea for you anyway.

Alternatives

If you do want a card but have poor credit, then there are options open to you. If you shop around online you should be able to find a good deal that has reasonable rates and good levels of service. If you are unable to get a regular credit card but you need something to repair your credit history, then look at getting a secured card. These cards require you to secure the credit by putting up something as collateral. Although these cards don't offer you much in the way of spending power, they are a lot cheaper than sub-prime borrower cards.

Seek advice

If you are having problems finding a credit card that does not have extremely high fees and want some help, then consult an independent financial advisor for some advice. They will be able to tell you honestly what your options are, and which products to avoid. If you look around and avoid the extortionate sub-prime lenders, then you will end up with a much better credit card deal. Peter Kenny is a writer for The Thrifty Scot, please visit us at http://www.moneywize.co.uk and http://www.thriftyscot.co.uk/money/compare-loans.html ]]> How To Use A Secured Credit Card To Repair Your http://www.artwoo.com/article/how-to-use-a-secured-credit-card-to-repair-your http://www.artwoo.com/article/how-to-use-a-secured-credit-card-to-repair-your#comments Sun, 11 Jun 2006 15:32:06 +0000 secure credit cardssecured credit cardscredit reporting agenciescredit cards workregular credit cardssecured credit cardcrucial http://www.artwoo.com/article/how-to-use-a-secured-credit-card-to-repair-your credit reporting agencies that compile your credit report and track your credit history. If you miss a payment, or even worse, your debt gets sent to a collection agent, this affects your credit rating negatively, and may prevent you from obtaining more lines of credit when you need them in the future.

As soon as you realize you are in this situation, it is that you immediately begin to make an effort to repair your credit rating. To most people, this seems like a difficult thing to do, but doing nothing to repair your credit will only prolong the damage for up to seven years. Until your credit is better, you will find that you are barred from any type of loans or even activities that require credit, such as renting a car.

One way to repair your credit is to obtain a . You may wonder how this is possible with bad credit, when you will most likely be declined when filling out a credit card application. However, without a credit card, you will have a hard time proving to creditors your responsibility in making payments on time.

Try a secured credit card. are marketed specially toward individuals with poor credit. These when the customer applies a deposit equal to their credit limit. For example, if you make a deposit of $100, your credit limit will be $100. The credit card company then be use your deposit toward any balance on the credit card resulting from late payments.

This type of credit card is risk-free for the company that issues it, because they can always deduct the balance from your deposit, so it makes sense to issue these cards to people with poor credit. One drawback to , however, is the annual fee that most don't charge.

After you have obtained one of these secured credit cards, use it sparingly but regularly, and make sure you mail all of your payments on time. This will enable you to slowly, but surely, repair your credit. You will demonstrate to your creditors that you are trustworthy, responsible, and pay your bills on time.

Taking steps towards repairing your credit will eliminate the risk of keeping your credit rating "poor" for up to seven years. However, after seven years the black marks on your credit will finally be taken off, so waiting is always an option. If waiting is not an option, take the necessary steps toward credit repair. Obtain your secured credit card, use it responsibly, and reduce the seven-year sentence of bad credit. For more free credit repair information like this article, please visit: http://www.Free-Credit-Repair-Advice.com ]]> Securing A Credit Card When You Have Bad Credit http://www.artwoo.com/article/securing-a-credit-card-when-you-have-bad-credit http://www.artwoo.com/article/securing-a-credit-card-when-you-have-bad-credit#comments Mon, 10 Jul 2006 02:27:08 +0000 applying for credit cardssecured cardscredit card companiespoor credit historystore cardssomeone elsesstore card http://www.artwoo.com/article/securing-a-credit-card-when-you-have-bad-credit poor credit history will stop you, then you perhaps you need some advice about how to get a credit card even with poor credit. If you follow these steps then you will have a much better chance of getting a credit card:

Retail s

If you have poor credit then the best place to start is at small retail stores. These companies are more likely to give you a chance, although their rates are usually much higher and your credit limit will be low. If your application is approved, then buy something small each month and then pay off the bill. This will show other that you are able to handle credit and pay your bills.

Go to your bank

After you have had a store card for some time, you can apply for a card at your bank. If you have been with your bank a long time and you have performed well with them, then they might be able to help you out.



If you are unable to get a bank or store card, then try and get a secured card. This involves putting down a deposit that is held by the lender whilst you use the card. This collateral takes away some of the risk for the lender and you are much more likely to be approved for this type of card. If you pay your bills then eventually you can upgrade to a regular unsecured card.

Co-signing

If you are still having problems, then get a friend or family member with good credit to co-sign for the card with you, as their credit will count towards the application. Remember that if you cannot pay the bill they will have to, so be sure you can pay back anything you spend or you will not only damage your credit but someone else's as well.

Avoid annual fees

Even if you are desperate for a card, avoid getting a credit card with an annual fee. There are plenty of cards that do not charge fees, and even if the interest rate is higher you will be better off. Also, stick to well known card types like Visa and MasterCard as they are widely accepted. This will help you to make the most of the credit you have.

Using your card

Once you have a card, remember that you can use it to your advantage rather than putting yourself into debt. Only spend what you can pay back easily, and if possible pay back the whole balance each month so that you avoid paying interest. If you pay off your bills well then your credit rating will improve quickly and you can get better terms and a higher credit limit. Peter Kenny is a writer for creditcards-gb For additional articles and an extensive resource for everything about credit cards, please visit us at http://www.creditcards-gb.co.uk and http://www.thriftyscot.co.uk/Credit-Cards/ ]]> Types Of Credit Cards http://www.artwoo.com/article/types-of-credit-cards http://www.artwoo.com/article/types-of-credit-cards#comments Sat, 02 Sep 2006 04:27:10 +0000 secured credit cardsfavorite destinationsrate credit cardscredit cardhttpcredit historyintroductory interest rate http://www.artwoo.com/article/types-of-credit-cards credit cards available; here is a list of the most popular being used:

Standard Credit Card Most people have a standard credit card which is an unsecured loan from a bank. Usually the bank will ask that you pay a minimum monthly payment and you are charged interest each month you have a balance on your card. There also might be fees associated with the use of the credit card including an annual fee, late payment fee and over the credit limit fee.

For people that have no or a poor credit history, secured credit cards are a great tool to build good credit. You usually open up a bank account and deposit money into the account. For instance, deposit $500 and you will have a $500 credit limit. This way, if you default on your credit card, they have your money as collateral, which means no risk to the bank as you build a credit history. However you will usually have to pay an application fee and annual fee for the card.

Rewards Credit Cards If you would like to earn a reward for using your credit card, there are plenty of credit cards that offer certain product or services in relation to the amount that use your card for. If you want to earn a free flight, you can sign up for a credit card that will earn you free miles with each dollar you spend. After a few months, you might find that you have earned a free trip to your .

Low Introductory Interest Many credit cards offer low or zero percent s when you apply for your credit card. These rates don't last forever, usually either for six months or a year. They are a great way to make big purchases that you would have done with cash or are great for transfering your existing credit cards over to the new card, enjoying a lower or no interest rate. Connie Barker is the owner of several financial websites including http://www.onlineloanreviews.com/credit-cards.html ]]> Comparing Secured Credit Cards http://www.artwoo.com/article/comparing-secured-credit-cards http://www.artwoo.com/article/comparing-secured-credit-cards#comments Sun, 02 Nov 2008 19:08:22 +0000 bad credit cardspoor credit historybad credit historysecured credit cardscard suppliersminimum sumcredit card holders http://www.artwoo.com/article/comparing-secured-credit-cards bad credit cards. As name suggest, all these credit cards are particularly made to cater the people with very less than ideal credit history.

The bad credit cards or else come with the higher interest rates and fees that will make up the risk from consumers who have . While compared with the standard credit cards, then these cards as well impose the lower credit limit for as they were not capable to present imposing credit.

But, this does nit mean that the credit cards are lower as these credit cards will be the tool for all people with the bad credit to recover their credit standing. How is this achievable? Submitting the regular payments on account, the secured credit cards will report to major credit card bureaus to make sure that credit report is been updated.

Reasonably, not every bad cards are presented in market are great and it is on you to do perfect choosing. One of first things that you must look for with credit card is whether or not it reports to main credit bureaus. As there are a few secured credit that don't have this significant provision. This is vital in helping you reconstruct your .

Obviously, because you do not have outstanding credit does not mean that you need to settle for irrationally high rates that the credit cards impose on clients. It is likely to find the secured credit cards with an interest and fees that don't take the advantage of poor credit.

One more important issue to check regarding the secured credit cards is of deposit needed to get approval. This particular security deposit is been detained in your account if in case default on the debts, therefore giving bank a assurance that they will utilize this money to disburse for debts that your defaulted. You can take a note that a few banks put this security deposit in the account, which bears the interest. Ensure that you can claim the security deposit all along with the interest after structuring your credit.

Use of security deposit can also vary depending on bank. A few creditors can take deposit seeing you miss single payment in the account whereas some banks will permit at least five to six months prior to deciding that card holder has totally defaulted the debts.

Most highly, choose the secured credit card, which permits you to convert the account to unsecured after some period of time if you may prove that you submit all the payments obediently and timely. In this way, you will enjoy the rights that the unsecured cardholders take pleasure of like lower APR, the higher credit limit, as well as less restriction.Start fixing your credit today with a secured credit card at FINDsecuredcards, where you can also find more of Tom's work.]]> A Card For Those Who Have Poor Credit http://www.artwoo.com/article/a-card-for-those-who-have-poor-credit http://www.artwoo.com/article/a-card-for-those-who-have-poor-credit#comments Sat, 05 Aug 2006 16:27:15 +0000 credit cardscredit card companiesregular credit cardcredit ratingmainstreampoor creditplastic money http://www.artwoo.com/article/a-card-for-those-who-have-poor-credit credit card companies keep turning down your application for a credit card, simply because of some financial mistakes or missed payments that you made in the early years of your career that adversely affected your ? If only you could speak to the account officer handling new applications and politely inform him that you have long since settled those debts and, now that you are gainfully employed, can handle the responsibilities a credit card brings, right? Well, you don't have to go to such extremes and you don't have to hope for a miracle because yes, you still can have a credit card. It may not be one of the major ones, but it still is a credit card.

Several credit card companies offer people who have the misfortune of having a less than stellar credit rating a chance to own their bit of . The rise of these non- credit card companies may have been caused by the demand created by those who did not pass the stringent requirements of the big-name players. The provided by these companies still function like a : these have pre-determined credit limits; are accepted in various retail establishments; give cardholders periodic increase in credit limits (naturally this would still depend on your performance as a card holder and your capacity to pay) and may probably even have a form of rewards program. Card holders enjoy almost the same benefits as those who hold well-known credit cards. But what's good about these non-mainstream cards is that they still report to the three major credit rating bureaus and, if you pay promptly and maintain your good standing, these cards will, in time, help improve your credit rating.

If you believe that these card companies only offer one kind of card for all possible clients, then you are mistaken because they do carry different kinds of credit cards -- even for those who have been classified with ratings. There are standard cards for regular clients, and silver, gold and even platinum cards, which not only offer higher credit limits but also provide more security privileges and benefits, for customers who need more to sustain their lifestyle. If you're concerned about international acceptance, you don't have to worry because most of these credit cards are recognized by Mastercard.

If you feel that you really need and deserve a credit card but keep hitting a brick wall when you approach the more established and more popular credit card companies, why not consider using one of these non-mainstream credit cards -- at least for the meantime. They may not have the same appeal as the big--name brands but as long as you get similar service, would the name even matter? Who knows, maybe after you've gotten used to carrying these cards, you may not want to give these up for one of the high profile credit cards you originally wanted. http://www.theinternetone.net ]]> Should You Pay An Annual Fee? http://www.artwoo.com/article/should-you-pay-an-annual-fee http://www.artwoo.com/article/should-you-pay-an-annual-fee#comments Mon, 20 Aug 2007 12:30:00 +0000 credit card companieseveryday cardscard issuerfall victimpoor credit ratingsteer clearexisting customers http://www.artwoo.com/article/should-you-pay-an-annual-fee everyday cards there is no need to pay an annual fee. If you want to know if you should pay an annual fee or not, then here are some tips about credit card annual fees.

New card fees

If you are looking for a new card, then there is really no need for you to have to pay an annual fee. Although some cards offer many benefits, there is usually an alternative card that offers no fee. Most card companies have moved away from charging annual fees to new customers because they know that it makes their card unattractive. If you are a new customer then of cards with an annual fee.



Most people who are paying an annual fee started out on a credit card that charged no annual fee. However, cannot offer you the incredible introductory rates forever, and may end up charging you an annual fee after a while. If this happens you need to think about whether you want to pay the fee and stick with your card or change to one that doesn't charge you a fee.

No balance leads to fees

Amazingly, the people who end up paying the annual fees on cards are often the people who never use their cards. The card company cannot make money off someone who carries no balance or pays their balance off during the grace period. Therefore, they charge them a fee in order to make some money. If you pay off your balance each month, make sure you don't to this trap.

Fees for poor credit

Another reason why you might be charged an annual fee is if you have a . There are some card companies that charge large fees for a credit card if you have poor credit, which can often leave you with virtually no balance left. However, there is no need to pay these fees if you have poor credit. If you shop around then you should be able to find a credit card with no annual fee at all.

Should I pay?

In general, there is no reason why you should have to pay an annual fee for a normal credit card. The card company makes money from interest and other fees, so there is no need for an annual fee. Unless you are getting a higher-level gold or platinum card or a card with many extra features, you shouldn't have to pay an annual fee at all. However, you should always way up paying an annual fee against the cost of interest. If the interest is very low then paying an annual fee might not be as expensive as a high interest card with no annual fee. Peter Kenny is a writer for creditcards-gb Please visit us at http://www.thriftyscot.co.uk/Banking-Savings/claim_back_any_unfair_bank_cha= rges.html and http://www.loansubmit.co.uk/ ]]> When To Get A Secured Card http://www.artwoo.com/article/when-to-get-a-secured-card http://www.artwoo.com/article/when-to-get-a-secured-card#comments Thu, 09 Nov 2006 20:27:08 +0000 unsecured credit cardsecured credit cardsecured cardssecured cardcredit card securedpoor credit historyunsecured cards http://www.artwoo.com/article/when-to-get-a-secured-card poor credit history can find it hard to get themselves a credit card. Even if you have a good job and a mortgage, if you have had problems in the past or no card previously, you might be turned down. If this is the case then there are alternatives open to you, such as getting a . If you want to know more about getting a secured credit card, then here is some advice about s and how they can benefit you.

What is a secured card?

A secured card is a card whereby you tie up a monetary deposit in a bank in order to get a credit card. Your credit limit is then 100-150% of this amount. There are no credit checks necessary for secured cards, and the more money you can tie up then the higher your limit will be. The amount that you tie up will earn interest, but you cannot use the amount at all whilst you are using the card.

Why get a secured card?

Of course, the main reason why people get a secured card is because they cannot get hold of a regular credit card. Secured cards give people with poor or no credit history the chance to build up a good credit record by spending on a credit card. If you spend wisely on the card and pay back your bill each month then you will quickly build up a better credit history and be able to get an .

Advantages of a secured card

Apart from the fact that a secured card allows you to get hold of a credit card with the features of an unsecured card, it also allows you to earn interest on a lump sum of money. The money that you use to secure the card will most likely earn more interest than it would in a regular bank account, meaning that after you have finished using the card you will have made some money.

Drawbacks of a secured card

Of course, secured cards aren't for free, and they generally have higher interest rates than . This is not a problem if you pay your bill back in full each month. However, if you spend more than you can afford you will be subject to high rates, and you may find yourself unable to pay the amount back. This will hurt your credit history even further and make it even harder to get a regular card in the future.

Beware of scams

As with any other product that targets those with poor credit, there are a number of bad cards and scams around that you should avoid. Although many secured cards are reasonably priced, some charge extremely high annual fees, or make you sign up to an insurance policy that costs you as much as you can afford to spend on your card each month. Before signing up to any secured card, read all the fine print and shop around to find a deal that is fair and you can afford. Peter Kenny is a writer for creditcards-gb Please visit us at http://www.creditcards-gb.co.uk and http://www.thriftyscot.co.uk/Credit-Cards/ ]]> Credit Cards For Adverse Credit History http://www.artwoo.com/article/credit-cards-for-adverse-credit-history http://www.artwoo.com/article/credit-cards-for-adverse-credit-history#comments Mon, 10 Apr 2006 21:00:06 +0000 credit cardsdebit cardsregular cardscredit cardpoor credit historiesinterest ratesaccess http://www.artwoo.com/article/credit-cards-for-adverse-credit-history s are vital. It is extremely difficult to rent a car for instance if you do not have to a credit card in your own name. Also, shopping on line is not very easy at all if you do not have a credit card. While many websites will accept , if you are trying to book a hotel abroad or buy from any website based abroad, it can be next to impossible to find a payment method other than credit card. This is why more and more people are seeking to get credit cards, even when they have .

Guaranteed Acceptance Credit Cards

There are now a number of credit cards available that do not rely on a good credit history. The lenders are willing to provide these cards to absolutely everyone no matter what their credit rating may show. This is very good news for people who have bad credit ratings but still need access to a credit card. There are some important differences between these credit cards and however, so it is a good idea to be aware of the features that are different.

What's the Catch?

The most obvious feature that people come across, and one that can surprise customers the most, is the existence of a subscription or set up fee for the card. This may be just as little as five pounds a month but can be substantially higher. There are also cards that charge an annual fee and these may prove to be better value if you plan on keeping the card for more than a few months. While customers have become accustomed to not having to pay for their credit cards, these fees are in many situations more than worth the expense given the convenience that the card will bring.

Don't Abuse These Cards!

Another feature of these cards is that the and penalty charges for late payment are often very high. Interest rates can easily be as much as twenty five or even thirty per cent so you probably do not want to rack up too much debt on these cards. Also, if you miss payments there may be provisions for very high penalty fees and even for your interest rate to be increased. So if you are planning on getting a credit card targeted for those with bad credit, then make sure it is not something that is going to get out of hand and that you will be able to control your expenditure on it. Also, you should probably only take one out if it is for a specific necessary purpose, and not simply for occasional shopping. About The Author: Joseph Kenny writes http://www.CardGuide.co.uk and also http://www.creditcards121.com.. ]]> How To Manage Credit Cards After Bankruptcy http://www.artwoo.com/article/how-to-manage-credit-cards-after-bankruptcy http://www.artwoo.com/article/how-to-manage-credit-cards-after-bankruptcy#comments Mon, 16 Jul 2007 21:05:00 +0000 credit cardsbankruptcymaking sure thatcredit card companydebt creditpaycheckspayment options http://www.artwoo.com/article/how-to-manage-credit-cards-after-bankruptcy credit cards, many think that they can purchase anything they want practically for free, that they can just "charge it on the credit card" and worry about paying it later. However, these same people often spend their recklessly on everyday items and are not able to pay their regular bills, so they now have to think of how to manage their credit cards after .

Monetary Caution is Needed with Credit Cards After Bankruptcy

The first thing that people should do with their credit cards after bankruptcy is evaluate how many they really should have in the first place. While some people carry many credit cards, it is a good idea not to have more than two. Thus, aside from two, people should get rid of their lesser important credit cards after bankruptcy.

Of course, before getting rid of the credit cards after bankruptcy, there is the issue of being able to actually pay them off beforehand. It all has to do with the credit that the person has at the time. For example, if the person has good credit, then the might set up some sort of a payment plan to help the person pay off their debt.

However, if the person has horrible credit (after getting a credit card, since a person needs to be pre-approved to get one in the first place) then the credit card company might treat the bankruptcy situation differently. In this case, you will need to call the customer service of each credit card company and enquire about their .

When it comes to consolidating your credit cards after bankruptcy, the best way to do that is to take the credit cards that have the most money on them and pay them off little by little until there is not debt on them. Next, take the credit cards that were not used at all (if applicable) and pay them off right away. It is best to focus on the higher- cards.

your credit cards are still usable after your bankruptcy is something that you will have to find out, as it is determined by each person's unique situation. It is important to realize that you might need a financial planner to help get you out of debt. With the proper planning, you are sure to figure out the right ways to spend your money. Simon Peters is the owner of http://on-bankruptcy.com, it is THE best source for advice on the subject on bankruptcy, nothing to sell, just information . .. . ]]> Bad Credit Cards - How Bad Credit Credit Cards Can Help Rebuild Your Credit http://www.artwoo.com/article/bad-credit-cards-how-bad-credit-credit-cards-can-help-rebuild-your-credit http://www.artwoo.com/article/bad-credit-cards-how-bad-credit-credit-cards-can-help-rebuild-your-credit#comments Sun, 30 Sep 2007 23:29:57 +0000 bad credit credit cardsprepaid credit cardscredit credit cardscredit cards bad creditcash back credit cardsjust remember thattraditional cards http://www.artwoo.com/article/bad-credit-cards-how-bad-credit-credit-cards-can-help-rebuild-your-credit bad .

Bad credit credit cards are offered by companies for a very good reason, money. These companies often charge outrageous interest rates and fees to cardholders in return for a credit line.

So does this mean that you shouldn't apply for a bad credit card? Absolutely not.

These cards, if used responsibly, can help you reestablish a history of making payments and boost your credit card history. the fees can really add up, so avoid carrying a large balance from month to month.

There are other options available to those with bad credit such as and secured creditcards. As with bad credit credit cards, these are more expensive to the cardholder than but they can help improve your credit rating and offer you the convenience of carrying a credit card, despite the fact that your credit history is blemished.

If you have fallen on hard times and have messed up your credit history, it's not the end of the world. Using methods such as these can help you restore your credit history over time and get you back on track with the credit bureaus.

Sure, you're going to pay a price for getting a second chance with higher than normal fees. However, if you're careful by limiting your spending and paying off your outstanding credit card balances each month, the high interest won't be a factor for you.

Hopefully this article has given you some ideas for ways to rebuild your credit with bad credit credit cards. Used wisely, these cards can be a great way to get back into good standing with the credit card agencies. To learn more, visit the Credit Card Forum at http://www.TheCreditCardForums.com/ today. Read reviews on and more! Free membership. ]]> Which Type Of Credit Card To Choose? http://www.artwoo.com/article/which-type-of-credit-card-to-choose http://www.artwoo.com/article/which-type-of-credit-card-to-choose#comments Fri, 07 Jul 2006 16:27:04 +0000 credit cardscharge cardsdebit cardsamerican expressdiners clubcredit card alternativesinterest rates http://www.artwoo.com/article/which-type-of-credit-card-to-choose credit cards, some of which may be a better option for you.

Why look at alternatives?

There are plenty of reasons why looking at are a good idea. Although credit cards have their uses, they also have many dangers and problems. Credit cards tempt you to spend more than you can afford, and then the high mean your debt increases quickly.

Credit cards can also be difficult to get if you have poor credit or you are young and have never borrowed before. Therefore, it pays to look at the alternative card options.



Charge cards are the most popular alternative to credit cards. Although many people believe that cards like Diner's Club and are credit cards, they are in fact charge cards. Charge cards are similar to credit cards apart from the fact you have to pay the balance off in full before a set time period expires. This is useful for people who know they can pay balances off each month or couple of months.

Credit limits on charge cards can be high, which is good if you need to make an expensive purchase. The problems with charge cards are that they are not as widely accepted as credit cards, and if you do not pay the balance off the interest rates and charges are extremely high



Another alternative to credit cards are debit cards. Debit cards can be used in much the same way as a credit card, but instead of having credit and paying money off each month, debit cards take money directly from your bank account. You can only spend the amount that you have in your account.

The value of debit cards is that you do not overspend, because you are only spending what you can afford. There are also no interest rates because you are not borrowing money. Debit cards are also as widely accepted as credit cards. The problem with a debit card is exactly its strength; you cannot spend more than you have. This is a problem if you need to buy high value items. Also, the security and buyer protection for debit cards is much lower than for credit cards.

Prepaid cards

One of the newest alternatives to credit cards are prepaid cards. Prepaid cards work like a credit card, with all the security features and spending capabilities. However, they also have the features of a debit card in that you do not borrow money, and only spend what you can afford. You prepay money on to the card, which you can top up much like you do for mobile phone credit. You can then use the money on the card for credit purchases.

These types of cards are especially useful for teenagers and young adults, who need some form of card but who also have to control their spending. Parents can monitor and control a child's spending by only putting a certain amount each month onto the card.

Although prepaid cards cannot offer the credit you need to buy expensive items, they do offer protection and security as well as stopping you from getting into debt. If you are having problems with your credit card spending, then getting a debit or prepaid card could be a good option for you. Peter Kenny is a writer for creditcards-gb For additional articles and an extensive resource for everything about credit cards, please visit us at http://www.creditcards-gb.co.uk and http://www.thriftyscot.co.uk/Credit-Cards/ ]]> Credit Cards With An Annual Fee http://www.artwoo.com/article/credit-cards-with-an-annual-fee http://www.artwoo.com/article/credit-cards-with-an-annual-fee#comments Tue, 11 Apr 2006 14:00:08 +0000 credit cardsplatinum cardscredit card customerspoor creditcredit ratingreward schemesinterest rates http://www.artwoo.com/article/credit-cards-with-an-annual-fee credit card customers that will generally be a credit card that you will have the option of paying for. These will in most cases have a name such as a gold card or a platinum card and many customers will buy them simply for the prestige that they purport to offer. However, such cards will generally also offer genuine benefits to their customers such as reduced on your balance, a higher spending limit, better terms and conditions, attractive and other benefits.

You may find that the benefits of these cards will justify paying a subscription fee for the card. While the subscription fee will be a fixed amount that you pay monthly or annually, you may decide that you will recover this and more with the better terms and benefits of the premium card. You will have to look at the advantages of the card carefully though before deciding to pay for it, as you will have to see that the incentives do in fact outweigh the subscription costs. However, given the very attractive rates that are available nowadays with credit cards, such as 0% offers and other reward schemes, premium card providers will be finding it more and more difficult to persuade customers that their gold and are worth paying for.

There is another type of credit card that customers will find that they have to pay for. These are high risk credit cards or cards for customers that have ratings. When you have a poor , it gets harder to find a credit card that will approve you. In general the terms will become less attractive and you will have to pay higher interest rates on the amounts that you borrow. As your credit rating gets worse, the terms get worse and may find that they only way you can be approved for a credit card is if you pay a fee. This fee may be monthly or annually and will vary from company to company.

While you may decide that paying for a credit card is not worth the hassle, there is one benefit of doing so. If you show that you can handle debt responsibly and do not get into trouble with your card repayments, then you may be able to improve your credit rating by making all the repayments you owe on the card on time. The only thing you will have to watch out for is that you do not let the card get out of hand and simply add to your credit problems. About The Author: Peter Kenny is a writer for creditcards-gb For additional articles and an extensive resource for everything about credit cards, please visit us at http://www.creditcards-gb.co.uk and http://www.creditcards2go4.com ]]> Choose The Very Best Credit Card For You http://www.artwoo.com/article/choose-the-very-best-credit-card-for-you http://www.artwoo.com/article/choose-the-very-best-credit-card-for-you#comments Tue, 19 Jun 2007 22:19:55 +0000 prepaid credit cardsstore credit cardscredit cards creditcredit cards workstore cardsrate cardsearn reward points http://www.artwoo.com/article/choose-the-very-best-credit-card-for-you Prepaid credit cards are offered by a lot of major companies and act some what like a debit card, because you will need to open an account and your credit card will be funded by this account. These are great for people starting out with little or no credit or rebuilding credit. Low interest , are ideal for people with good credit that would like to take advantage of reduced interest rates. Some credit cards have an annual fee, while others do not. Some . work similarly to regular credit cards, except there is no annual fee, and the card is only good for purchases at that particular store. These are also effective at rebuilding credit.

You would be surprised at the overall number of people who just don't bother to compare credit cards before signing up for them. You should compare the different features, different benefits, and details of various credit cards. Find, compare, and read reviews before you decide. You wouldn't buy a car without comparing details or benefits, and you never buy a house without looking at several first. Just apply these same principles to credit cards.

Credit cards are convenient for customers and can be beneficial if used correctly. They are the perfect way to finance larger items while still earning points for everyday purchases. Just shop around first, and get the right credit card for you. PAT WOOD IS THE AUTHOR AND OWNER OF THE WEBSITE http://www.best-creditcards.info SHE HAS BEEN IN THE BANKING INDUSTRY SINCE 1987 AND HAS WRITTEN SEVERAL ARTICLES ON CREDIT AND DEBT ]]> 3 Strategies For Using Credit Wisely http://www.artwoo.com/article/3-strategies-for-using-credit-wisely http://www.artwoo.com/article/3-strategies-for-using-credit-wisely#comments Tue, 21 Nov 2006 16:27:16 +0000 using credit wiselycredit cardssecuring your financial futureimprove your creditpoor creditfinance chargeswise choice http://www.artwoo.com/article/3-strategies-for-using-credit-wisely Using credit wisely can save you hundreds of thousands of dollars through the course of your life. It can help you to get and have more and it can act as a way of . If you have , you are not left out because you can and begin using credit wisely to gain the same rewards. To help you, here are some strategies that you can follow to accomplish these goals.

* Using Credit: When you are using credit, it is important for you to not make purchases that are not necessary or that are not worth the cost. Remember, it is not only the cost that the sticker says, but the that go with you that you will pay. A great way to do this is to make a rule with yourself and your spouse called the 24 hour rule. If you want to make a single purchase over the cost of, say, $200, you need to wait a full 24 hours before making that purchase. This gives you time to really determine if it is a .

* Taking On Credit: Part of managing credit is not taking on more than you can handle safely. You should not have more credit than you make in a year. And, you should not keep opening new credit lines. It does make sense to open that have lower interest rates, but make sure to close other cards as well. Some mistakenly believe that having lots of credit is good, but the fact is that too much is a bad thing too.

* Stay On Top Of It All: When you begin to fall behind in your credit, make sure that you take your credit cards, stick them in the freezer or in the back of a drawer some place so that you can't use them. Make payments on time and pay them off each month. Never get stuck with late charges and fees.

While you should have some credit, only taking on what you can handle is a way of using credit wisely. And, in this world, you do need credit to purchase a home, to purchase a vehicle and to even get certain jobs. While you need it, you need to make sure you can handle credit. Michael Lewis is a contributing writer at http://www.debtandcredittips.com where you can find more articles about managing credit cards. ]]>