100% Free Credit Cards For People With Bad Credit?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
12 posts
Green Member
Green Member
Posts: 3
Joined: Tue May 21, 2013 6:45 pm
Location: CA

Postby ironman » Thu May 23, 2013 12:13 pm

I never knew that thanks for explaining guys. I had always assumed the reason ppl wanted unsecured was because it showed it that was on the report. If not then yea not much reason to pay for First Premier.

Centurion Member
Centurion Member
Posts: 190
Joined: Fri Apr 12, 2013 4:47 pm
Location: Indianapolis, IN

Postby im_mr_awesome » Fri May 24, 2013 12:10 am

A lot of people don't look at the schumer box. Hell, a lot of people don't even know what it *is*. I've seen family members seriously consider cards from these bottom tier lenders just because they say "guaranteed limit of $1500!" but what they don't see is the 0 day grace period, the 36% APR, and the $175 AF.

I'd never recommend someone go to one of these bottom tier lenders if they have a choice. Go to a Credit Union or get a secured card from BoA or Capital One if you have to. At least some of those can go to unsecured cards eventually.
Scores on the mend...
FICO: 654 (7/2017, AMEX), Vantage: 663 (CK)
Cards I Use Amex Premier Rewards Gold, Discover IT, Capital One QuickSilver MC, Amex Gold Delta (for the free bag)
Sock Drawer Chase Amazon, AE Visa, CareCredit, several store cards for util padding
Next Card Amex Everyday

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