Explore writings on credit card application

However, most of the credit cards for bad credit you'll find on the market are terrible for you. Credit card companies levy high fees and high interest rates, siphoning your money away and possibly destroying your credit rating entirely. Rather than trying to get a credit card that's exactly like credit cards for people with better credit ratings, and paying through the nose for the privilege, consider getting a secured or prepaid credit card. You take out a secured credit card by giving the lender a sum of money that acts as your security. Your credit line is the amount of this deposit.

06/30/09 4

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