Bad_Credit_Credit_Cards_-_Prepaid__Secured__or_Unsecured by c_Nguyn

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									Title:
Bad Credit Credit Cards - Prepaid, Secured, or Unsecured

Word Count:
348

Summary:
Bad credit credit cards are considered the best choice for credit card
deals if your credit score is below 550. In today's market there are
many companies offering credit cards that are designed for bad credit.


Keywords:
bad credit credit cards,prepaid credit cards,secured credit
cards,unsecured credit cards


Article Body:
Bad credit, credit cards are just like regular credit cards but with much
higher interest rates and usually an annual fee, sometimes $50 a year and
higher. Bad credit, credit cards can save your credit or make it worse
if your not careful. Bad credit cards with guaranteed approval are
available, but usually these types of bad credit cards charge twice the
amount in fees and interest rates. The average consumer needs to be sure
they are mentally and financially able to take the responsibility of
credit once again, before applying.

Debit Cards

To get a debit card you need to open an account with the bank of your
choice and make a deposit to the account. The bank is not actually
giving you any credit at all. The purchases that you make with the debit
card are taken from the funds that were deposited into the account, be
aware that most banks do not report debit card activity to the credit
bureaus. Most credit experts recommend that you start rebuilding your
credit from secured bank credit cards, and then in time when your credit
starts to improve switch to unsecured ones. Orchard bank and First
PREMIER bank are just a couple that have great options for repairing bad
credit.

Credit Card Deals

Bad credit credit cards are considered the best choice for credit card
deals if your credit score is below 550. In today's market there are
many companies offering credit cards that are specifically designed for
those who have less than a perfect credit score. Make sure you take your
time to compare bad credit options thoroughly. once your credit score
reaches the 650 range, you will be eligible for some of the best interest
rates and lines of credit.

There are a few different types of bad credit credit cards available
today: Prepaid, Secured, and Unsecured. Secured credit cards for bad
credit usually have much better interest rates than unsecured cards for
bad credit. Most APR rates on bad credit cards are very reasonable
offered by credit card companies considering the risk they take on bad
credit applicants.

								
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