Getting A Credit Card With Bad Credit

25 September, 2007 (12:44) | Financial Help, How To

You might also wish to obtain a credit card offered specifically for those individuals with bad credit. While this type of option will get you the credit card you need it doesn’t come without drawbacks.  You’ll probably be charged the highest interest rate allowable and your maximum credit line will be quite low. When you first take out the card, you can expect for your credit line to only be about $250 or perhaps even less. As you make payments on time, pay off the expenses you charge and make an effort to keep your balance below the maximum credit, you may qualify for lower interest rate and credit line increases.