Card Credit Unsecured
Unsecured credit cards are difficult to get in the sense that you don’t want to get ripped off by people who can take advantage of you. But this may be the only way to get yourself a credit card if you have bad credit. This is a great way to build your credit again. Now, the biggest problem is the fees that will hurt you in more than one way because you will end up wasting money if you don’t know what you are doing. Here are some things to remember when you are getting yourself card credit unsecured.
• Don’t get prepaid credit cards because they do not extend credit to you. This basically means that you cannot rebuild your credit standing.
• Don’t use catalog cards because these can actually be a rip-off. This is because they will make you pay high interest rates on over-priced items. Again this will not help you rebuild your credit at all.
• Secured credit cards are something you should avoid because they will report you to credit card bureaus as secured. This again will not help your credit score get any better. However, secure cards are actually a legitimate system and they have some nice rates and fees you can work with.
• Get to know the fees before you apply for an unsecured credit card. Being aware of these fees will help you to avoid people who can rip you off and you can also pick the right service that has the best numbers for you.
