Best Credit Cards for Fair Credit 2011

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





Please wait

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.


Best Low Interest Credit Cards 2011

When dealing with money and finances, one thing we’re all too familiar with are interest rates. Savings accounts, certificates of deposits and money markets will have us jump for joy when the interest rates are high, but when it comes to credit cards, interest is best left low.

After all, why do so many people get into credit card debt? Aside from the all too familiar reason of charging more than they can afford, credit card interest rates also play a crucial role. Most of us are just too loose when it comes to choosing the best credit cards. When a new card comes in the mail that tells us that we can immediately start charging, our eyes light up like a child with a new puppy. We don’t even bother to check what happens should we default on payments. It only comes as a shock once we’ve “forgotten” to pay the full amount, only to see the sky-high monthly interest that’s charged. Ouch.

So instead of accepting just whatever that comes in the mail, be sure to check how much interest that card will charge you should you default on payment. If you see something that doesn’t look too agreeable, don’t hesitate to go and chuck it out the window. After all, there are loads of other cards out there that can give you the low interest that you deserve.

Here are some of the best low interest credit cards 2011 can offer:

Best Low Interest Credit Cards 2011





Please wait

And one more thing, there are a lot of credit cards that promote 0 interest APYs. This can certainly be a good thing especially if the introductory period is long enough. But what happens after that? Be sure to check the real interest rates that comes after the introductory period.

The next time you shop for a credit card, don’t be lured just by the introductory APR. Take note of what lies after that and choose a card with a low interest rate to save you from heavy increases in interest penalties.