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secured visa credit card low rate
Bad Credit? Can't Get A Credit Card? Yes You Can!
Most people don't give much thought to the importance of credit until they need it. When they go to apply for a credit card they discover that their bad credit keeps them from getting a card, or a card at a decent rate. Most people want to pay their bills, and remain in good credit standing. Nobody wants to be seen as a deadbeat to the credit card companies, but because of a couple of tight financial situations in the past they cannot get approval for a credit card. There is a way around this problem.
There are a few companies out there that understand your situation, and want to help you to obtain a better credit rating. These companies offer secured credit cards. A secured credit card is a card that you make a deposit to which determines your credit limit. You can use your card just like any credit card, but your purchases are limited to your deposited amount, (similar to a debit card). Before applying for a secured credit card you must make sure that the card reports to the major credit reporting agencies. If they do not report then that card is nothing better than a glorified debit card. In extremely simplified terms when a secured card sends reports to the major credit reporting agencies they are showing that you are paying off your debits, (since they're prepaid), and you are less of a credit risk. After time you become more appealing to other credit card companies and you will more readily be accepted for traditional credit cards.
Improving your credit is not a quick and easy task. There are many other things that factor into your credit score, but this is one action that you can take on your own. A secured credit card may not fix severely damaged credit, but for many people it's a step in the right direction.
*Before applying for any credit card be sure to read, and understand the 'terms and conditions' of the card.
About the Author :
Kevin is the webmaster of http://www.plasticmine.com. Plasticmine is an easy-to-use website designed to give you apples to apples information so you can make a quick, informed decision on the credit card that is right for you.
More Useful Resource and Updates on secured visa credit card low rate
- Bank of America eanings down as credit card business softens (The Delaware Business Ledger)
Credit card and other banking losses drove down Bank of America earnings as the company announced plans to shore up its balance sheet with a new stock offering and a dividend cut.The company , which has its credit card headquarters in Wilmington, reported third quarter 2008 net income of $1.18 billion, or $0.15 per share, down from $3.70 billion, or $0.82 per share, a year earlier.
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Police are searching for a man they believe used a stolen credit card to buy thousands of dollars worth of gift cards at Rite-Aid stores in several area towns.
- Weymouth council looks at credit-card fuel charges (The Patriot Ledger)
The Weymouth Town Council is looking at whether it can require gas stations to post, on roadway signs, notices of additional charges tied to credit-card purchases.
- QNB to offer credit card promotion (AME Info)
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- FastUpFront New Technology Frees Small Business Cash Advances from Credit Card Processors (Business Wire via Yahoo! Finance)
CLIFTON, N.J.----FastUpFront introduces a new technology that provides small business to qualify for unsecured cash advance loans. Traditionally, these loans were only available from the business's credit card processor, making these companies vulnerable to inflated costs, bad service and refusal.
- Credit-card conniving (The Morning Call)
Dear Bruce: I am a savvy woman who has been taken advantage of by my adult daughter. She used my name and Social Security number to apply for a credit card.
- Phoenix Marketing International's Virtual Mailbox Becomes Staple for Two Leading Credit Card Companies (Business Wire via Yahoo! Finance)
RHINEBECK, N.Y.----Phoenix Marketing International, one of the fastest growing market research firms in the U.S., today announced that two major domestic credit card companies have adopted its Virtual Mailbox product for pre-launch testing and analysis of all direct mail marketing campaigns
- Ronnie Polaneczky: Just to be clear, you CAN use your credit card to pay cab fare (The Philadelphia Inquirer)
YOU NEVER know what'll happen when you get into a Philly cab. Last week, for instance, I discovered that, with just a few magic words, I can heal a broken credit-card machine.
- New Technology Frees Small Business Cash Advances from Credit Card Processors (PRWeb)
Small business can now seek advantages of dealing with a third party and are no longer tied to their credit card processor for unsecured cash advances. (PRWeb Oct 7, 2008) Read the full story at http://www.prweb.com/releases/FastUpFront/NewTechnology/prweb1437654.htm
- NBC Employees Credit Union -- Visa
... low credit card rates on an "introductory" basis, then raise the rates later. ... for your NBC Universal Employees Federal Credit Union Share Secured Visa Card ...
- Wells Fargo Credit Cards
... from Wells Fargo credit cards with low intro rates, no annual fee, optional ... Wells Fargo Secured Visa Card. This card offers: A low rate and no annual fee ...
- The Golden 1 Credit Union | Cards | Credit Cards
... to apply for any of the low rate, no annual fee credit cards that we offer. ... not available on Secured Visa, any equity card products, or any affinity cards. ...
- VISA Credit Card
Our OFCU VISA Credit Card has NO ANNUAL FEE, and a fixed rate as low as 6.9% APR ... balances on those high-interest credit cards to your OFCU VISA Card today! ...
- TFCU - VISA Credit Card Options
... Credit Card Information; Platinum Visa, Cash Back Visa, No Frills Visa, Secured ... Visa Credit Card Options. Low fixed rates. No annual fee. Rate Information ...
- VISA Credit Card
Are you looking for a low fixed rate credit card without all the fine print? ... starting over, the Secured VISA card is a great way to build your credit history. ...
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