Bad Credit

How To Get A Credit Card With Bad Credit

How to get a credit card with bad credit is a question many consumers ask themselves each day. Quite frankly speaking, it is a struggle, albeit not impossible. You have to understand that your credit card lender (the institution giving you your credit card) wants to be certain (as much as one can be) that [...]

Strict Budgeting the best way to pay off Credit Card Debt

In an amazing piece of insight, the Consumer Credit Counselling Service (CCCS), a financial advice charity, has said that the best way out of credit card debt is (wait for it) budgeting, and sticking to a budget.
Specifically they state that making “a strict and truthful budget” is the “first step” to getting out [...]

Top Myths about Credit Reports

Credit reports are the tool that banks use to assess your credit history, and they in turn decide if you are worthy of credit.  Following is a list of the common myths about credit reports.
Credit reference agencies decide who gets a credit card
These agencies are paid to compile data on everyone.  Credit Card companies are [...]

Which? shows there’s no link between credit card APR and Bank Interest Rate

Have you been noticing the official Bank of England interest rate hit 0% a few months ago? Have you noticed your credit card rate is approaching 0% to? Sadly you’ll have notice the former, but the latter seems to be a beautiful lie. Interest rates should follow the trend of rate set by the Bank of England, yet Credit Card rates don’t seem to be dropping.

Capital One Classic Visa Credit Card

The Capital One Classic Visa Card is designed for people with poor credit histories. It is a very basic credit card, with a bare minimum of features and a very high APR. On the positive side, it has no annual fee and comes in a variety of card designs.
For people who are finding it difficult [...]

Bad Credit Credit Cards

There are many people who have suffered setbacks recently and whose credit might have suffered. Naturally, they’d like to repair their credit but aren’t sure where to start. The best way to build up your credit and gain a good reputation again is to prove you can pay your bills on time and [...]

What Credit Card should I get if I have Bad Credit?

Having a bad credit rating drastically reduces your credit options; however there are a few options available to you. The major caveat is that these options can do more harm than good.
Before the credit crunch, most companies weren’t terribly fussy about who they gave credit to, giving out large amounts of credit to anyone [...]

How do I get a credit card if I have no credit rating?

In a similar fashion to people with bad credit, people with no credit history can have a difficult time getting a credit card, or any type of loan.
People who don’t have credit ratings generally fall into a couple of categories; students / young people and immigrants. Students have a slightly easier time [...]

How credit cards for bad credit can improve your credit rating

If you get stuck in the cycle of bad credit, it can be really difficult to get out. If you do have a bad credit rating, then you can only get loans with higher interest rate, to offset the risk of giving you credit. These higher rates make it more difficult to pay [...]

How do I manage credit card debt?

Credit cards can be a really useful tool, but if you’re not careful, debts can pile up and you can end up with bad credit. Credit card debt management is pretty straightforward; you just need to make sure your incomings are less than your outgoings. But we’ve compiled a few tips below to [...]