Is It Possible to Get A Credit Card With A Bad Credit Score?

Although it is possible to get a credit card, even though you have a bad credit rating, there are no easy ways of doing so. You should not believe the advertisers who claim to be able to fix your credit score for a fee.

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Before you apply for a credit card with bad credit history, you may want to consider the available options. People with bad scores are frequently the ones who need credit cards in order to spread the costs of purchases VCC buy . The first thing you should do is to ask for a free consumer report of credit from one of the three agencies – TransUnion, Experian and Equifax. It is possible that an error can be met in the reports which you can fix and this will improve your credit score.

It may not be possible to get a traditional card from big companies such as American Express, Visa or MasterCard, but if you have an account with a savings institution or credit union or one of the smaller banks, they might look more favorably on your request for a card. Often such concerns are inclined to give cards to the established clients.

You may need a credit card with bad credit history to help you with necessary purchases, and if you could buy all the things in one store, you could apply for a store card, as they are less strict than the big credit companies. If you do get a store card, then you should make a point of paying at least the minimum required every month on time, as credit card repayments are reported to the credit agencies. Eventually a history of prompt payments will improve your credit score and you will be able to get another card that will better suit your needs.

There are secured credit cards which you can apply for with a bad credit history, although you will pay higher application and processing fees than for a traditional card and the interest rates will be higher. With these you have to deposit an amount in the account and this will be your credit line, or it will be a percentage of it. Look on this type of cards as a stepping stone to getting regular ones, and pay promptly and if possible pay more than the minimum required in order to keep your interest payments down and to get a better credit history.

Chase is among the leading providers of prepaid credit cards in the world at the moment. The company prides itself in making it easy for its customers to perform various transactions. There are several kinds of cards being offered by Chase, all tailored to suit the different needs of the company’s numerous customers.

One of the most widely used Chase cards is the main purpose Chase prepaid credit card. This card can be used by the holder to complete almost any transaction, in the shortest time possible. It main focus is cost effectiveness and the reduction of paper usage. The other credit cards on offer from Chase bank include the Chase student or university card, the various Chase rebate cards, the Chase employee incentive card and the Chase payroll card.

The Chase payroll card is one of the more widely used card offered by Chase. This card has many advantages and can help the holders keep track of their expenditures and hence reduce unnecessary expenses. The rebate card is the most advanced credit card from Chase. The Chase student card is specially tailored to meet the needs of students. This card comes with special benefits and students can even have their college name printed onto the card.

Chase also offers prepaid credit cards limited to making certain types of purchases. The Chase perfect card is a fine example. With this card, the holder can pay for all gasoline brands and get good discounts as well. The discounts are designed in such a way that the more gas you pay for using the Chase perfect card, the more the benefits.

While oil companies issue cards for use at specific gas stations, this Chase credit card is accepted in almost all refilling stations, you don’t have to go driving around town looking for a gas station that would accept your card. The Chase perfect card affords the users a 6% discount on all gas purchases for the first 3 months. At the end of this period, you will now start getting a 3% discount on all fuel purchases. There is also a 1% discount on other non fuel related purchases for the entire term of this prepaid card.

Apart from these impressive discounts on fuel purchases, the Chase perfect card also comes with a special accident insurance covering up to five hundred thousand dollars. This includes a comprehensive security and purchase protection plan as well as a fully covered rental car insurance. This card also comes with an introductory promotion which can be used to transfer fund balances even during the first annual purchasing period depending on your credit score.

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