The best credit cards for people with bad credit can be compared in www.securedcreditcardlist.com target = "_blank">. Responsible use of credit card can lead to a lifetime of opportunities for low-rate loans interest. Notwithstanding limited credit histories, a damaged credit history or minimum income, the credit card issuers often give valuable consumers the opportunity to receive credit and begin rebuilding a credit history through the use of a credit card guarantee or a contract prepaid credit card. This is an opportunity not to be taken lightly, especially in light of the growing credit crisis made it difficult for many Americans working with good credit records to get new credit cards, auto loans and mortgages.
Credit Cards Insured issued by Bank of America, Capital One and New Millennium are designed specifically for applicants with imperfect credit history. Some characteristics offered by these credit card issuers include:
• Lines of credit available from $ 300 to $ 10,000
• Set your own credit limit
• Build or reestablish your credit
• Buy what you've been dreaming, and pay no interest until May 2009 on purchases
• Save with a low non-intro variable in April, currently 14.9%
• Discounts Featured exclusive agreements
• Know that is protected with the $ 0 fraud liability if your card is lost or stolen
During the ongoing economic instability, instability in the stock market, illiquidity in the credit markets and the weakening housing market, one thing remains constant – to consumers with damaged credit histories should be given the opportunity to rebuild your credit. responsibility, however, is essential. If you can not afford to buy something, you should consider saving until you can. Credit cards are more beneficial when you can pay the balance in full each month. In these difficult economic times, where credit is increasingly difficult to achieve, is important to establish a solid credit profile, by establishing principles and maintaining credit history of paying consistent. Credit cards issued by Bank of America, Capital One and New Millennium are adapted for applicants with less than perfect credit.
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