3 Easy Credit Cards To Apply For If You Have Bad Credit

It is difficult to know where to apply for a credit card especially if you have bad credit. This might be confusing as knowing where to apply for new ones might be a challenge.

First, you have to look at your credit score and see which credit cards you get matched with. Here are 3 of the easiest types of credit cards you can get:

1: Retail Credit Cards

Obtaining a store credit card is easier because the criteria necessary to qualify is much lesser than a traditional credit card. Apart from this, you also get discounts on your first purchase apart from rewards and offers as you shop with that retailer.

The only catch is that the interest rates are much higher. Be careful to only spend what you can pay off in full each month. Or you’ll get hit hard with interest. For a start, make a few small purchases and build your credit.

 2: Gas Credit Cards

This type of credit is a specialized retail credit card which allows you to buy gas among other things. They will also allow you to get discounts whenever you buy gas too. Of course, they often start with a lower credit limit. This makes it easier to get one if you have bad credit.

Ensure you make small purchases and pay the balance off in full each month. This positive payment record will help you to build credit.

3: Secured Credit Cards

For this type of card, you are required to make a cash deposit. Simply put, the line of credit that you obtain is the amount that you deposit minus the fees that the card issuer will charge you.

Of course, you can use this card just about anywhere as you would an unsecured credit card. If you are able to make your payments on time for a year, you might qualify for an unsecured credit card.