Credit Cards for Bad Credit or Damaged Credit

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THE NET1ST MASTERCARD
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THE GUARANTEED APPROVAL CREDIT CARD

This card is available as a last resort. Those whose credit is badly damaged-- but who really need a card-- may still be able to obtain the Net1st MasterCard. Be aware, however, that there are important terms and conditions that prevail.

This card isn't collateralized by a savings account deposit like a conventional secured credit card. But the initial cost of the card ($500) is charged to the card. The card credit limit is also $500. So you start off with a balance right up to the card limit, which also incurs interest charges.

You can't use the card until you pay down the balance because you would be over the limit. So, for example, if you pay $100 on account you will have $100 available credit.

We would recommend this card only if

you absolutely need a credit card

you can't qualify for any other card, not even a conventional "secured" card

but you have cash, at least $300 or more, to make an substantial initial immediate payment to reduce that $500 balance

and you watch your balance and make payments on time.

Here are the terms of the card:

Annual fee: $96 per year, payable monthly, $8 per month
Transaction fee for purchases: none
Transaction fees for cash advances: the greater of $2 or 3%
Application Processing Fee (a one-time non-refundable fee): $89.95; $109.95 for a joint cardholder (if applicable).

If you choose to close your account, the $500 fee refund will be credited to your MasterCard account. It will offset any current balance. If the posting of the $500 Reservation Fee refund results in a credit balance, the credit amount will be refunded to you.

Be careful with this card. With only a little imagination you can see that if you were to let that initial $500 balance accumulate without a substantial payment you could immediately be in trouble.

This is a card of last resort. But it has its uses under certain circumstances. Approval is guaranteed if you are at least 18 years old, are a US resident and have a checking account.

Apply online now for the credit you deserve!

THE FUTURE SECURED VISA

In today's auto insurance industry, drivers with impaired driving records are charged higher insurance premiums. This is similar to the cost associated with consumers who are building or rebuilding their credit. The program and setup fees are one time only fees that are assessed to obtain the VISA® Future Card® and are used to cover those costs.

Building your credit is the provider's stated goal and the VISA® Future Card® is designed to help consumers who do not have a credit history or those who have had credit problems in the past.

Your initial credit limit will be at least $250.00 up to $1,000.00. You understand that by making all your payments on time for six months and maintaining your account in good standing, you will be eligible for consideration of a credit limit increase. In addition.

Here are the card features:

APR of 10.9% for purchases
No setup fee
$69 annual fee
$20 additional annual fee
25 day grace period

Apply online now for the credit you deserve!