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Wednesday, October 28, 2020

What to Look for in a Bad Credit Card

Posted by admin on October 23, 2010



This guest post was written by Liz C. You can find more of her work at FindSecuredCards, a bad credit cards site.

When you’re in desperate need to get a new credit card, especially when you have bad credit, you’re going to find that there’s a huge selection out there that you can choose from. To help you better understand what these cards are about, I wanted to give you some pointers on how you can pick out the best one for your wallet.

5 tips to use when looking for a bad credit credit card:

The fees: Unfortunately, when you have bad credit, you’re going to find that you’re more than likely going to pay fees. The best card to choose when it comes to fees is one that is going to have a onetime fee. If you go with an annual fee, make sure you read the fine print.

Major logo: Always make sure that you get a card that has a major logo such as Visa, and Mastercard. Without these major logos, you will find that a lot of these companies won’t be able to accept your card.

Build your credit: The important part about credit cards is that you’re going to find out that you will want to build your credit. Make sure that you check with the credit card company that you’re apply with to ensure that the card is going to help build your credit.

Reviews: The Internet is a massive place, and what you will want to do is search out the card that you want to apply for. Keep in mind that there will always be negative press about it, so make sure that you take those comments with a grain of salt.

The fine print: Make sure you always read the fine print, because you may find that they will come around, and bit you in the butt. What you don’t want to happen is that you sign up for a card, and surprise charges start
hitting you left, and right.

By following these 5 steps, you should be able to get yourself a great card. Trust me, there are a lot of them out there, so be sure to compare a few, before you set out and sign up with one.