Many people would consider most credit cards bad, however, if you are careful, they can be quite useful. Some of the bad ones have high interest rates. Capital One has an average interest rate of 19.9% which is extremely high, where most people would consider that a bad credit card. Also, a credit card with a high interest rate and no rewards is another example of a bad credit card.
You can find credit cards for those with poor credit at www.creditcards.com.
There are pre-paid cards and secured cards available for those with poor credit.
The meaning of credit cards for people with poor credit refers to credit cards that are approved to people that have had financial problems or debts in the past. They usually allow one to rebuild their credit score.
To obtain a credit card with poor credit, you will need to apply to companies that target people with poor credit. Some of those companies are: Orchard Bank, Capital One and First Premier Bank.
There are multiple sources of information for people with poor credit that want credit cards. Secured cards are a great way to build your credit back up. Information on these cards can be easily found through your local financial institution.
You charge to much credit cards.
Mastercard is a well-known company that offers a credit card to people with poor credit ratings. The objective is for those with poor credit to be able to strengthen their credit ratings if the card is used responsibly. Capital One and First Premier also offer credit cards to those with a poor credit rating.
There are a number of credit cards available to applicants with poor credit scores. The top credit card in the UK available is an Aqua classic card which can be applied for by applicants with very low credit scores. Also available are Aquis visa cards, Barclaycards initial cards, Capital One progress, classic and classic extra cards and Luma cards.
Well, I would recommend Visa or MasterCard because they offer great services with their credit cards, even for people with poor or fair credit scores. They also have very low interest rates for their credit cards.
There are several cards available to those with poor credit. You can review available offers at www.BadCreditOffers.com.
the dangers of credit cards?
It depends on your situation like credit needs and credit rating. There are some introductory credit cards along with some credit cards for special rewards.