Credit cards for poor credit
Sometimes, bad situations happen to good people. Unexpected expenses can catch you off guard and leave you needing cash fast. It may happen just a few days after your payday check paid your bills or it may happen when your payday is nowhere in sight. Either way, you need to come with money to pay your debts. Most people turn to their credit cards to put these unexpected expenses on them and they pay them off later.
However, credit cards for poor credit can be hard to come by or come with ridiculously high-interest rates. If you find yourself with poor credit, a credit card may not be the best solution when you need some extra money quickly.
Why Credit Cards for Poor Credit May Not Be for You
If you have poor credit, this determines a lot of different factors. Poor credit especially matters when you go to apply for a credit card. Your low credit score could land you with a credit card that has a low monetary threshold and you could be at a loss to pay your current bill. Having credit cards for poor credit can also have high-interest rates that are near impossible to pay back. If you are strapped with a short-term financial bill, a credit card may not get you the money fast enough.
When you apply for credit cards for poor credit it is a long process and can take up to a week before you get the card in hand. Then once you use the credit card, added fees can come with it. If you need money right away, a credit card can take too long to receive.
Why an Online Payday Loan Can Help
If you are trying to find a credit card for poor credit, you could spend hours of your time finding one that approves you. An online payday loan is quick and easy. We know how difficult it is to have financial stress. That’s why we make payday loans easy and confidential with our online application.
Online payday loans are different than traditional loans. We use direct lenders only and they are available for any expense you need. Our online loans come with fixed interest rates that can be extended up to 18 months. You are not locked in for years like with other loans. When you apply for a payday loan and become approved with us, your money is sent to your bank account immediately. If you need to pay bills fast, this is a quick way to get money with poor credit.
All you need to apply is to fill out our online application. We ask for your income to be verified and then you need a cell phone, a debit or credit card, and a bank account for your funds to be deposited into. We process your loan in just a few hours and then you have the cash you need.
Poor Credit Credit Cards are a Possible Win-Win Solution
There are possibilities for realistic financial solutions to help with poor credit. Whether you have poor credit due to your past financial misfortune or just because you do not have established credit, there is help available. One of the possible solutions for such a situation is poor credit credit cards.
Poor credit credit cards allow people with poor credit ratings to get the type of credit that they need to get ahead financially. These solutions provide individuals with the ability to get access to funds while building or rebuilding their credit. In other words, this is the type of help that provides a possible win-win solution for the person without good credit.
Meeting the Qualifications for Poor Credit Credit Cards
- Be at least 18 years old
- Be no more than 65 years old
- Have an active bank account for regular withdrawals for payments
- Have a credit or debit card as a backup solution for payments
- Have a regular source of income that can be verified by bank statements with transaction history
- Have an active phone number that can receive both voicemail and SMS text messages
Various Ways to Use Credit and Funds
At the end of the day, the funds are all yours. You can use them at your own discretion. You do not have any limitations on how you may use the funds. You do not have any stipulations on how you put the funds to use. You have total control over the decisions made regarding the funds.
You have the possibility of using poor credit credit cards for:
- Paying down or paying off prior debts and current debts like credit cards, personal loans and other financial commitments
- Buying or paying off a new or used car
- Getting home improvement or repairs done to your primary residence
- Going on a vacation for yourself, as a couple or even as an entire family
- Taking college courses or finishing up a degree program
The options are limitless. You can use the funds how you see fit. The money is yours.
Do not live like you do not have help available to you. Help exists for you. Live out your financial dreams with the solutions available to you.
Credit Card for Poor Credit: your solution
Choosing a credit card for poor credit gives you a chance to improve your credit rating while using the card. Among unsecured credit cards, the Credit One Bank Platinum Visa card allows you to rebuild your credit with few up-front costs. It offers free pre-qualification and does not require a safety deposit.
For a secured credit card for poor credit, the Discover it card carries no annual fee, but asks for a security deposit of $200 or more in order to establish a line of credit. You can get a deposit refund after eight months of responsible usage.
In a world that is getting increasingly digital, it helps to have an added layer of security. The advantage of a credit card is that for every fraudulent charge made on it, you are not liable. This means you lose no money for any purchases made if your card is lost or stolen. Transactions taken on your debit card do not have the same added protections, which can often result in huge financial loss.
Having bad credit doesn’t mean you can’t benefit from this protection. With credit cards for poor credit, you can benefit from all the same financial protections as any other credit card.
Credit cards are an important factor of everyday life. Very often, you can find yourself in situations where you need cash fast. Whether it’s damage to your roof, a flat tire, or something as simple as an unexpected expense of the month, sometimes there are events that you did not plan for.
You should not be vulnerable just because of your bad credit. If you need access to funds quickly, we can help pair you with the right lender quickly and efficiently. Credit cards for poor credit offer instant payouts to your bank account so that you don’t have to wait when life hits you.
Buying Much Needed Time
Building back good credit takes time. Unfortunately, having bad credit is cyclical. Every time you get ahead of your payments, there are many more bills ahead of you. With a credit card for poor credit, you can allow yourself the time you need to get in control of your finances.
Slowly building up credit can come with many benefits such as lower interest rates, getting approved for auto or home loans, and lower APRs. With their highly competitive rates, the personal loans we help you find can give you the needed financial boost to get back on your feet.
Credit Cards for Poor Credit Are a Safer Back Up Plan
You may be inclined to apply for a credit card designed for someone with a relatively good credit score. Many people feel that there is nothing to lose in seeing if they will get approved. However, this can come with many risks.
Not only are you likely to be denied, but filling out and getting rejected from too many credit card applications can do even further damage to your credit score. We can help you avoid this situation by connecting you with lenders that are guaranteed to approve you from the start.
With a credit card for poor credit, the lenders we connect you with, in addition to a fixed interest rate and direct access to funds, can provide a record of your transactions that will help you strategically plan for the future. This will allow you to monitor your spending habits, borrow money when you need, and be back on the path to financial success.