How to use instant approval credit cards for bad credit to increase your credit score - PowerPoint PPT Presentation

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How to use instant approval credit cards for bad credit to increase your credit score

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How to use instant approval credit cards for bad credit to increase your credit score – PowerPoint PPT presentation

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Title: How to use instant approval credit cards for bad credit to increase your credit score


1
  • How to use instant approval credit cards for bad
    credit to increase your credit score
  • Finding the best instant approval credit card for
    bad credit can be a little time consuming. But
    worth the trouble! The benefits to this sort of
    card are numerous!
  • Instant approval
  • Apply for one online
  • Quick approval process
  • These cards are made to help people with bad
    credit
  • Apply for cards that will meet your needs
  • There are a lot of different types of instant
    approval credit cards - but only one will be the
    best fit for your needs - and wants. A secured
    credit card. These cards are also called
    guaranteed approval cards because they dont
    require that you have good credit. In fact some
    dont care if you have no credit!
  • Benefits To Secured Credit Cards
  • This sort of instant approval credit card has a
    lot of benefits for someone who wishes to rebuild
    their credit.
  • Pretty much everyone gets approved
  • Your credit limit will equal your security
    deposit
  • Most of these cards will submit your payments to
    at LEAST 1 credit bureau
  • Low interest rates
  • Can earn interest on your security deposit!
  • Choosing the Right Card For You
  • You really want a card that will grow with you.
    Look for a card like the The Applied Bank Secured
    Credit Card this card will allow you to add to
    your security deposit every few months. Meaning
    even though you may start off with a low 500
    security deposit, Over time you can grow it w/
    additional payments up to 5,000!
  • Having a credit card with a high credit limit
    will do WONDERS for your credit score. Just
    remember to always spend under 30 of your
    available credit so that you can get the full
    benefits of your card. When you start using more
    that 30 you start to look like a credit RISK!
  • Make Sure You Know The Fees Charged

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Of course, if you plan on paying your credit card
off each month in full. Then the interest rate
isnt as big a deal. But while its a good
practice to pay off your card at the end of the
month. You cant always do that. And those are
the times you will not want to be saddled with a
credit card with a high interest rate! Ready to
get your instant approval credit card for bad
credit? BadCreditResources.com has put together
a great list of cards to start of your journey!.
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