Bad credit

Need a Credit Card but don't have a good credit history to get one of the other Visa or Mastercard? These credit card providers allow you to find a credit card regardless of your current credit history standing or even if you have county court judgements against you. Careful use and repayment of credit cards bill will let you repair your bad credit history.

There are a number of 'Credit History Builder Cards' on the market today, but they are not all available online, credit limits initially are likely to be low and rates (APR) quite high. Many of these have extortionate interest rates to be completletly clear which can often put people who are struggling to handle their debt into even more problems.

Use them to either re-establish your credit record rating or build a new one. It is important that you must keep your monthly payments up to date, and if you get into any difficulties to inform your card provider straight away. Once you get the card all you need do is manage it in a reliable way: make sure you pay your minimum monthly amounts on time every month After six months to a year of using it, provided you show a good standing, you should be able to get either an increase in your limit or better still, get a Credit Card from other bank on more favourable terms as your credit record will show a reliable person who pays on time all the time.

Best Credit Cards For someone with a Bad Credit history:

Capital One Classic Credit Card is designed for people who have problems getting a credit card or have a really bad credit history. This is reflected in the interest rate which, at a typical 29.9% APR, is certainly not the lowest rate on the market. The Capital One Classic card is ideal for those looking to rebuild their credit rating - keep you monthly payment in tact and you will better credit scoring in the future.. You should apply for this card even if you have been turned down elsewhere.

Citibank Classic Plus Credit Card is offered to you by one of the biggest financial companies in the world - Citicorp group. An American company this US household name is now making inroads in the UK with some very competitive credit card products. The Citibank Classic credit card is a fantastic product for those with poor credit history or even without one. If you have been turned down for credit before this card could help you rebuild your credit history by allowing you to have a credit card with no annual fee and got yourself back on your feet.

The rates on offer are very competitive for this type of product as well. There is an introductory balance transfer rate of just 0% pa for the first 3 months you have your account. After that the standard rate is 21.9% APR. This is more expensive than other cards out there but very competitive for the market this card is in. If you have had credit problems in the past this card would be ideal for you.

Vanquis Credit Card is tailored to the lower income, higher credit risk end of the market. A card with much lower credit limits than those generally offered by the mainstream credit card companies - as low as £150 - with correspondingly affordable repayments of just £7 a month or so. The interest rate can be as high as 59% APR , and they also charge an annual fee. For these reasons, Vanquis did not receive good press reviews. The company behind Vanquis is Provident Financial. Visit their web site to request an aplication form. Vanquis has a full banking licence from the FSA together with a licence from VISA International to operate and issue cards under the VISA brand.