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cards for bad credit FAQ
Is having 5-6 credit cards bad for your credit score?
Sep 14, 2007 by theoneandonly | Posted in Credit
I heard that having too many credit cards was bad for your credit. If I have 4 Store Credit Cards and 1 Visa Card and am planning to get another FINAL major credit card...is that too much?
Only if you do not manage them well.
The number of credit cards a person has is not important, how they manage them is.
Keep your balances below 30% of your credit limit and pay on time every month and you will be fine.
| Sep 14, 2007
I'd say yes, but there are many factors there, such as how long you've had them, their balances, how close they are to their limit, etc... Any inquiries made on your name have negative effects to your credit. I suggest looking into financial counseling
KP | Sep 14, 2007
Is Secured credit card better than other credit cards for bad credit people?
Jan 11, 2007 by calon adam | Posted in Credit
I’m thinking about getting a credit card but I have bad credit and only know about secured credit card. What are the chances of getting it? Is it better than other or not?
Get one there : http://index-go.com/prepaid-credit-cards .asp
richard k | Jan 13, 2007
Anyone can get secured. It's better for some people as you make a deposit say $300. You can then only spend up to $300 and end up paying them back to the $300.
So for simplicity purposes, it can be thought of as a checking account of sorts.
Andre | Jan 11, 2007
what are good credit cards for bad credit?
Dec 31, 2009 by Babygirl | Posted in Credit
hi well my sister has real bad credit and she was wondering a good credit card for people with bad credit. The thing is that she doesn't want a pre-pay one or one that requires a deposit.
Get a credit card from local bank and pay it in time. You also can use this service to avoid common mistakes while buiding credit and pre-estimate future scores for different scenarios of payments - credit-report-free.totalh.com
Jim | Dec 31, 2009
cards for bad credit news
7 mistakes your credit card company wants you to make
18.05.12
You were saving those airline credit card miles for your dream vacation. Finally, you accumulated enough and go online to reserve your flight only to get bad news. Your miles have expired. They are no longer good.
It's a mistake that even John Ulzheimer, president of consumer education for SmartCredit.com , has made, to his utter dismay.
Source: Fox Business
Credit-card measure in legislature could aid Huntington
18.05.12
Passage of a bill that would eliminate Ohio’s cap on credit-card interest rates for in-state
banks could help prompt Columbus-based Huntington Bancshares to expand in central Ohio.
Two small Ohio banks currently issue credit cards, including Credit First National Association
in Brook Park, which issues cards for Firestone Complete Auto Care and testified in favor of the
bill.
Source: Columbus Dispatch
cards for bad credit about
Bad Credit Loans Continue To Play An Important Role For Consumers
American Banking News (press release) - Apr 29, 2011
Post Office Consumer Credit Report also found that close to half of all people who carry credit cards use them not so much for luxury expenditures and whimsical purchases but for such basic necessities as groceries and petrol. Loans for bad credit have
Credit Cards for Bad Credit Customers
Digital News Report - Apr 25, 2011
Credit cards are necessary to rent cars, reserve hotel rooms and make some online purchases. There is a way for people with a bad credit score to make those purchases and improve their credit score at the same time. The Capital One® Secured MasterCard®
Good Credit and Bad Credit Debt Consolidation Loans
Digital News Report - Apr 28, 2011
According to the Harvard Bankruptcy project, bankruptcies have soared. “Defaults remain high for credit cards and car loans, while mortgage foreclosures have soared,” the researchers said in a statement. “People are still going broke in large numbers”.
Credit Cards for Bad Credit Customers
Digital News Report - Apr 18, 2011
Although credit cards are a necessity for renting cars, reserving hotel rooms and making online purchases, they can still be very difficult to get. There is a solution. There are credit cards designed for people with poor and even bad credit scores.
Love and Money: Is Bad Credit Bad For Romance?
Credit Card Guide News - Apr 25, 2011
Bad credit can make life difficult in numerous ways. People with bad credit have a harder time getting approved for a credit card or mortgage, and they can even be at a disadvantage when applying for a job. But is bad credit