Best Credit Cards for Questionable Credit

by | Credit Card Debt, Credit Issues

Life does not always work out as planned. Sometimes, a gap in employment leads to a few missed payments, and eviction, or a repossessed vehicle. These things happen to most people. In order build credit back up, a credit card may help. Making regular payments can help to raise that credit score. A poor credit history can make it difficult to build up credit with a card, but you do have options. As long as your credit is only damaged and not destroyed, then you may qualify for the best credit cards on this list. Here are some of the best credit cards for individuals with a poor credit history.

Compare Credit Cards for Free!

 

Capital One Secured Mastercard | Best Credit Cards

The best secured credit cards tend to require deposits equal to the credit line, but this card allows you to make a deposit of $49, $99, or $200 for a credit line of $200, depending on your credit. This card presents itself as a great option for those not willing to put down a large deposit. If you make the first five payments on time, then you will be able to increase your line of credit. This card requires no annual fee, and Capital One is accepted nearly anywhere in the world. You will have online access in order to make payments and see your balance. As with most of the cards on this list, you will qualify as long as your credit is not completely destroyed.

 

OpenSky Secured Visa | Best Credit Cards

best credit cardsUnlike other cards, the OpenSky Secured Visa does not require a credit check, only a minimum monthly income. While it does have a $35 annual fee, it does not require you to have a bank account. You may pay your bill by debit card, wire transfer, check, or money order. Your credit limit is determined by the amount of your deposit. You will likely pay a deposit equal to the initial credit line, but this card is a great option for those without access to traditional banking services or who have terrible credit, but gainful employment.

Compare Credit Cards for Free!

 

Discover it Secured Card | Best Credit Cards

The Discover it Secured Card may be one the best credit cards for people with bad credit. A security deposit of $200 or more will establish a credit line decided by the company. After eight months, the company will conduct monthly reviews to see if you qualify for a credit line without a security deposit. There is no annual fee, and you may earn up to 2% cash back on spending up to $1000 at restaurants and gas stations and 1% cash back on all other spending. The card also gives you one free opportunity a month to check your FICO credit score. While this serves as the best credit card for those with bad credit due to its benefits and lack of an annual fee, it does require a bank account in order to make the deposit. If you have a bank account, this card would be worth looking into.

Click here for some free help repairing your credit!

 

Digital Federal Credit Union Visa Platinum Secured Credit Card

This card has an APR of roughly half most other cards at 12.50%. This card requires a security deposit equal to its limit, but the interest rate is worth it. This card does not place a limit on how high the credit line may be provided it equals the deposit. You should always try to pay your bill in full each month to avoid pitfalls in rebuilding your credit, but this card is the way to go if you should have a balance. The only issue in obtaining the card is that you must be a member of Digital Federal Credit Union to qualify. Most people have no issue in setting up an account with the credit union, so it may be worth looking into to avoid high interest rates.

 

Building credit with one of these best credit cards may be a great option for you, but you must be careful. You should always ensure that you have the means to pay off the card in order to avoid further credit issues. The card should not serve as a means for paying bills or other expenses, but only as a credit-building opportunity. Never spend more on the card than what you can pay off. If you are in need of credit repair and have the discipline and means to build it with a card, then these cards may be right for you.

Compare Credit Cards for Free!

 

 

How To Get The Best Insurance Deals
In most cases finding the best insurance deals is difficult. Since having insurance is a requirement rather than being optional it is a good idea to shop around for the best insurance deals. It’s difficult to shell out the cash for insurance premiums and...
Modern Millionaires Mindset
Here’s A Modern Millionaire Rhetorical Question:   If you have a spare million dollars in your bank account today… How will you spend it? Pay off all your bills and loans? Buy your dream car? Dream house? Give your family a better life? Travel all...
Coupon Tips That Can Save You Money
Everyone loves a great deal and your luck will get better when you find coupons for your favorite items. There are a lot of great locations to discover coupons these days, including the Internet, newspapers and flyers. These are tips and techniques on how...
The FHA and Home Loans
 The Federal Housing Administration (FHA) insures mortgages on loans provided through FHA-approved lenders. Since its creation in 1934, the FHA has insured tens of millions of homes for families in the United States. These mortgage insurances protect...
Positive Thinking Can Change Your Life
Positive Thinking Can Change Your Life Enthusiasm Is Positive Energy “No pessimist ever discovered the secret of the stars, or sailed to an uncharted land, or opened a new doorway for the human spirit.” - Helen Keller Enthusiasm is the sunshine of your mind’s garden....
Natural Healing Options for Arthritis
Arthritis comes in various forms, but it's always painful. The typical medical approach is to take some sort of pain medication (usually non-steroidal anti-inflammatory drugs, or NASDs) that might result in various side effects, such as stomach pain. Thankfully, there...
Things You Need to Know About Section 8 Assistance
Things You Need to Know About Section 8 Housing Some families might find a safe, decent and affordable housing as a big challenge to tackle. Majority of regions in the United States do not have rent control laws in place. Therefore some renters find affording a...
Increasing Literacy in Children
Increasing Literacy in Children Literacy is important. This is a fact that cannot be stressed enough. Often, arts and literature are tossed to the side to make way for additional funding in other areas, but learning to read lays the foundation for further education...
Understanding Federal Grants (Part 1)
 Let me start off by asking you this question. How would you like free money that you will never have to pay back, from the federal government? Sounds great doesn't it? Well, the simple truth is that you can get it if the government decides to award you a...
Receiving $4000 in Home Rebates
 Are there any home improvements that you have been contemplating lately? Are you struggling to make ends meet already? Learn more about three Programs a that could help you and millions of homeowners qualify for a $4,000 rebate. These Are Very Tough...
Easy Formula for Grant Applications
When you look forward to apply for a government grant, you will need to do a lot of research and make elaborate preparations. To give a kick start to your grant seeking process, fist you must understand the different types of grants available. You will...
How The New Budget will Impact SNAP
How The New Budget will Impact SNAP  The Supplemental Nutrition Assistance Program (SNAP) assists lower-income families to purchase food in order to prevent hunger. The program also provides economic benefits to communities. The proposed budget for 2018...
Which Student Loan Repayment Options Work for You?
Which Student Loan Repayment Options Work for You? The student loan process can be tricky and difficult to understand. Students often overlook the process from the beginning of college until graduation, never realizing the impact of the loans until payment become due...
Applying and Making Phone Calls to Potential Employers
Applying and Making Phone Calls to Potential Employers Applying to Places Not Hiring: A Wise Move or Not? Are you in desperate need of a job? If you are currently unemployed or if you truly think that your current job is making you “crazy,” you may be due for a new...
Section 8 Housing | Where Do I Start?
Ok, what exactly is section 8 housing? Section 8 housing is also known as the Housing Choice Voucher Program. It is very fortunate here in the USA that housing assistance exists for low-income families, elderly, disabled and mentally challenged. The...
Helping Homelessness with Government Grants
 Poverty and homelessness in the United States and around the world is increasing on a daily basis. Here in the United States, rising housing costs and lower livable wages have been among the 2 biggest contributing factors. Lack of mental health facilities...
Car Loans Approved Today!
Drivers will be excited to hear that the cost of a vehicle has started a downward plunge making it even easier to get the car loans you have always wanted. According to predictions by GasBuddy, the average price for a gallon of gasoline is set to fall...
How To Find Good Insurance Companies
 Insurance is a part of life whether you’re looking to protect your life, home, or automobile. All insurance companies are not equal. Working with a good insurance company is just as, if not more, important as having coverage. Here are four things to keep...
The Facts You Need to Know About Payday Cash Advances
If you need money, it can feel as if there is no one to help you. It may feel like you're up a creek without a paddle. Luckily, you can get payday cash advances to help you out. Research all companies that you are considering. Find a lender that fits you...
Penny Pinching Groceries Plus Earning While Shopping
Penny Pinching your way into savings and earning! If you feel like you are wasting money on groceries then you're not alone. The average American spends around $160 per week at the supermarket. What if I told you that number can be easily cut in half by penny pinching...

The Premier Forex League

Subscribe

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email to Receive New Assistance Updates

Due to the overwhelming response, please enter your name and email to ensure proper results.

Thank You! You will now receive the latest assistance updates!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Pin It on Pinterest

Share This