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BAD CREDIT UNSECURED CREDIT CARDS

While "standard" credit cards are unsecured, unsecured credit cards are cards designed for people with poor credit history. While people with really poor credit will be limited to prepaid credit cards or secured credit cards, unsecured credit cards are available to people with bad histories but that have shown improvement. If you have been recently making your payments on your cards (for at least 6 months), then you can likely get an unsecured credit card. With unsecured credit cards, you will suffer from a low credit limit (often $300 to $500), but my paying your bill each month, this will rise. Unlike standard or premium cards, these cards usually carry a high interest rate, as you are considered a poor credit risk. However, with your unsecured credit cards, you are building up good credit, which will be helpful when you are ready for a premium card.
Unsecured credit cards lack the glitz and glamour of platinum cards, and don't have the benefits like airline mileage or cash back that the premium cards carry. However, they are genuine line of credit, that can be used to establish your ability to pay off your debts. After you build your credit, you can move on to better cards.

 

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