Posted by Batool Shamim on March 10, 2011 ·
Guaranteed Credit cards are offered to those with a very poor credit rating. The reason for this is that their credit score does not make them eligible to qualify for any type of loan. Therefore such a card would help them to make their daily transactions with ease. The credit card company would either ask for collateral or charge a higher interest rate to make themselves safe.
Posted by Batool Shamim on March 3, 2011 ·
People with no jobs can get a loan to cover their routine life expenses. There are many sources for borrowing, for example, interest-free and low rate family loans, doorstep lender loans, pawn shops and so on. It is not a final solution but temporarily can help you get out of worst financial situation.
Posted by Batool Shamim on February 26, 2011 ·
The prepaid credit card is a good way to avoid personal debts, as one makes use of one’s own money. Credit score is also not mandatory for acquiring these cards; hence people even with bad credit can also obtain prepaid credit card. There are no hidden charges for making this card. There are certain levies for setting up a card, loading funds on card and cash withdrawal from ATM.
Posted by taimoor on February 18, 2011 ·
The high street lenders only give loans to the people with good credit score. However, there are certain creditors who issue credit cards or pre-paid cards to people with poor credit history. In fact the prepaid card is the ideal solution for such people. However, you must have a thorough knowledge about the rates and conditions of these cards prior to applying.
Posted by R. Mak on July 2, 2009 ·
If you are facing any problem due to credit card debt, then there is a great idea for you to come out of it and that is negotiation. But if you are willing to have a negotiation then it is necessary that you prepare yourself for a long and bumpy road.