Bad credit credit card
A bad credit credit card
“Bad credit card card” is used to refer to credit cards that can be obtained even with a bad credit rating.
The
bad credit card cards provide opportunity to people (with bad credit rating) to improve their...
More
Bad credit credit card
A bad credit credit card
“Bad credit card card” is used to refer to credit cards that can be obtained even with a bad credit rating.
The
bad credit card cards provide opportunity to people (with bad credit rating) to improve their credit rating.
In
that sense, bad credit credit cards act as rescuer for such people.
So, bad credit credit cards also act as
necessary a training ground for people who have not been able to control their spending urge in the past.
Bad credit card cards are commonly known as secured credit cards.
The bad credit card card (or secured
credit cards) requires the individual to open up an account with the credit card supplier and maintain some
cash balance in the account.
Why is that required? Well, credit cards are a business for the credit card
suppliers; so how can they trust someone who has defaulted on his/her payments in the past? After all, a
business is about profits and such risks are a threat to profits.
The bank or the cred
Less