If you have had problems with paying off your credit cards in the past, you may wonder if it is possible to get approved for a new credit card now that your credit score is “bad” or “poor.”
It may have been years ago when you fell into financial straits and couldn’t “get out.” Must your past haunt you forever and keep you from having the convenience of a credit card at your disposal?
The answer is, “Not at all.” There are a number of possible ways to get a bad credit credit card. And with emergency expenses popping up and threatening to derail you between paychecks, it is worth carrying a credit card even if you hope you don’t have to actually use it.
Payday Direct Lenders Now Offer a Bad Credit Credit Card
In the past, your options for a bad credit credit card were more limited, but in recent years, payday lenders have begun offering a credit card that combines a payday loan with a credit card account.
You may not be able to get approved for a “regular” credit card, and you may not be interested in putting down a deposit in the hundreds of dollars range to get approved for a “secured” card. And a prepaid debit card can’t take the place of a credit card or bank account very well; it’s really only a way to make an electronic payment when you otherwise couldn’t.
But a bad credit credit card from a direct payday lender allows you to receive your payday loan into the card in rapid fashion without any need to stop by a physical payday loan location or any need to have a checking account to take out the loan.
Your paychecks will then be deposited onto the card and the payments taken off it on the due dates. That makes the whole process fast and easy and helps to avoid any late payment fees.
Why Choose Bonsai Finance?
We at Bonsai Finance offer a great variety of online, fast-cash loans to meet your emergency financial needs. We make our request process simple, quick, and almost certain to end in instant approval.
We help you find payday loans and payday loan credit cards for those with bad credit for those who need short-term help to get through to the next paycheck.
We also offer personal installment loans, student loans, and more. We keep our rates competitive and our fees to a minimum. We seek to provide an affordable and convenient solution to those in financial difficulties and to fill a void in the short-term online loans market.
At Bonsai, we create a variety of loan options to meet our clients’ various needs, including payday loan bad credit credit cards.