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Is it difficult to obtain a low interest rate credit card with bad credit?
Wiki User
∙ 10y ago
Credit card companies provide people with credit cards on the basis that they will earn money from the interest a customer repays. If you have a history of bad credit it is unlikely that you will be able to own a credit card with a low interest rate, as providing you with a credit card seen as a higher risk to the company providing it.
Wiki User
∙ 10y ago
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Where can one find a credit card that charges no interest?
Depending on the country that one resides in it would be difficult to find a no interest credit card. The company Virgin provides no interest credit cards.
What is a reasonable credit interest rate?
The credit interest rate vary from 7% to 36% in the US. When you say reasonable it would be around 20%. But you need really high credit score to obtain a low interest card.
How can someone obtain a British credit card?
Applying for a credit card is easy. Money is the name of website that lists many credit card companies that are willing to give credit cards to people in Britain. It isn't difficult to get a British credit card if the requester has good credit scores.
What is the interest rate on a Sears Card?
You can obtain a Sears card with rates anywhere from 8 to 28 percent. It all depends where you apply and what kind of a credit risk you are and your past credit history.
What is an advantage of having an interest rate credit card?
The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.
Where can one find a credit card that charges no interest?
Depending on the country that one resides in it would be difficult to find a no interest credit card. The company Virgin provides no interest credit cards.
Can I obtain a credit card with my bad credit?
Yes you can in fact get a credit card with bad credit. You will have to pay a high interest rate than others because of this though.
What is a reasonable credit interest rate?
The credit interest rate vary from 7% to 36% in the US. When you say reasonable it would be around 20%. But you need really high credit score to obtain a low interest card.
How can someone obtain a British credit card?
Applying for a credit card is easy. Money is the name of website that lists many credit card companies that are willing to give credit cards to people in Britain. It isn't difficult to get a British credit card if the requester has good credit scores.
What kinds of information are necessary before you make a decision to obtain a credit card?
If there is an anual fee that you have to pay. What will be your interest rate. What will be your credit limit.
Is it difficult to obtain an international credit card?
Most international students find it difficult to get a credit card in the U.S. because they have not established a credit history and because they are not U.S. residents. For newly arrived students, you may want to try using a "secured credit card". These cards offer some of the conveniences of a credit card, except that you secure your credit card with a deposit that becomes your credit line. The best part is that your secured card is reported as a regular credit card on your credit report. Check with your bank on the secured credit card.
Can you write off credit card interest on your taxes?
Is there a way to write off credit card interest on corparation credit card?
What is the interest rate on a Sears Card?
You can obtain a Sears card with rates anywhere from 8 to 28 percent. It all depends where you apply and what kind of a credit risk you are and your past credit history.
What is an advantage of having an interest rate credit card?
The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.
What is the interest on an express credit card?
The interest on an express credit card is 8.7%. They are not a very good alternative to a regular credit card such as a visa or mastercard because the interest is very high.
What company has the lowest interest credit cards?
Interest fees vary depending on the credit card company. Most companies apply interest based on your credit score and credit history. To obtain a lower interest rate, increase your monthly payments or make payments more frequently. The more payments you make the lower your interest will be.
Where can i get a no credit credit card?
Typically you will not be able to obtain a credit card with out any credit. You are considered high risk and companies do not want to take a chance. But you can contact your banking institute and they can assist you in trying to obtain one. You can get a pre-paid credit card though and that will help you to obtain credit so you can later on get an actual credit card.
