Best credit cards for horrible credit?

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4 posts
ingy91
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Best credit cards for horrible credit?

Postby ingy91 » Fri Nov 12, 2010 4:01 am

I have really horrible credit. Actually saying horrible would be an understatement. Are there credit cards for horrible credit like i have that could be used to rebuild my credit?


JL70
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Postby JL70 » Fri Nov 12, 2010 12:17 pm

Try First Premier or go and look for a SECURED credit card.

CCG
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Postby CCG » Fri Nov 12, 2010 10:44 pm

These days the best credit cards for "horrible" credit are those which are secured. After the crash and great recession banks are extremely skittish about giving normal, unsecured credit cards to anyone with bad credit. Therefore a secured card is often times the only option.

With a secured card you put up a security deposit which you can then borrow against. You can use it to help build up your credit and move onto something better. To learn more check out Credit Card Forum's sponsored section on secured credit cards to rebuild credit

ingy91
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Postby ingy91 » Sat Nov 13, 2010 2:05 am

Thanks Guru I'm going to check these out. I'm not kidding when I say horrible credit. For real man my credit is completely ruined. I had heard about First Premier but saw another chat on the forum talking about there high fees and I would like to avoid that if at all possible. I got to keep fees to a minimum if I'm going to have to pay a security deposit too



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