It’s a terrible feeling knowing that you can no longer apply for further credit and credit cards because of a history of bad credit. Plus, your credit score will continually haunt you for the rest of your days. Is your credit score affecting your chances of getting a credit card? Here’s an option that can help you get out of that rut: use a credit card that not only will allow you to get a loan, but will also help you rebuild your credit score.
If you’re thinking right now, “Huh? There’s a credit card that is specifically designed to improve my credit score? Is that for real?” Well, the answer is yes. Credit card companies are seeing the need for a credit card that can actually help consumers get back on track with their credit. The best thing about it is, some credit cards are so sensitive to your needs that they don’t even require a credit check or a checking account. Sounds too good to be true right?
Here’s how these credit cards can help you make your bad credit good, or make your fair credit even better: they report to the three major card bureaus. Having your card do that for you saves you a lot of time and effort. Plus, you can be sure you’re rewarded for every “good” activity you do with your card such as paying on time.
And if you’re not really suffering from bad credit, and you feel that you already have fair enough credit, then there are also cards that reward you for a good job in keeping your credit score good. These cards can reward you will lower APR’s – meaning, less credit card interest should you default on your payments.
So whether you have bad credit, fair credit, or excellent credit, here are the some cards that are certainly worth looking into:
Best Credit Cards for Fair Credit 2011
By using credit cards that count, you can always bring your credit score up a notch. Plus, every time your credit score improves, you can begin receiving rewards for your good work. So don’t let your credit score get you down. Take these opportunities to raise yourself back up to the credit level you deserve.