Tag Archives : secured credit cards

Customers having bad credit score often seek to take out prepaid or secured credit cards. There are certain important facts about these two credit cards that customers should understand before applying for any of these cards.

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.

Whether you believe it or not, but I must tell you that there are a variety of credit cards and alternatives to the traditional credit card that we mostly use. Here I have explained you few forms of secured credit cards. It is better that you understand these options and choose any appropriate secured credit card for…

It is a good way to understand credit card terms so that you may stay one step ahead. Here in this article we are presenting you a glossary of the most common credit card terms that could really help you with your credit card education.

It is not easy to obtain an unsecured credit card for those with their spoiled credit rating or for someone who hasn’t yet established a credit history. Lenders hesitate to take the chance on any person who has not got a flawless credit history.These cards resembles to ‘prepaid’ credit cards, in which money must be paid first.

It is strange that people with no credit history are considered equal to people with bad credit when credit card companies weigh credit risk. It is obviously not fair, but it is the way things work in the complicated world of consumer finance. Lenders are reluctant about opening accounts for people with no credit history because they simply have nothing to base your reliability on.