Thursday, 1 March 2012

Student Credit Cards For Bad Credit

Bad Credit Cards for Students

Do you have bad credit? If so, consider rebuilding your credit score with a bad credit credit card for student that will report your payments to the three major credit bureaus. Don’t forget to check the interest rates and the fees, as well as the credit card features. Some credit cards for bad credit may carry high APRs but you can find ones that can help you repair credit with a reasonable interest rate.

Keep in mind that by using your bad credit credit card regularly and by submitting your payments on time, you can improve your personal credit at a faster rate. This page contains a list of bad credit credit cards for students who need to boost their credit scores. From this page, you can read reviews, do comparison, and evaluate your options carefully.

For more information about student credit cards for bad credit please visit

Thank you for reading and good luck.

Wednesday, 29 February 2012

Credit Cards For Students With Bad Credit

Having a credit card offers convenience, particularly for shopping online, and students often need a credit card to pay for textbooks and school supplies, rental cars, hotel rooms and other expenses. If you have bad credit, you are certainly not alone and, as reported by MSNBC, bad credit has topped terrorism as the greatest risk to America's economy. Even with a bad credit rating, you can still get approved for a credit card.

How To Get Credit Cards For Students With Bad Credit:

1. Obtain a copy of your credit rating. Before you do anything you need to find out where you stand, and credit ratings can change on a daily basis, so you want to obtain an up-to-date credit report. In the United States, there are three major reporting credit bureaus: Equifax, Experian and TransUnion. A report from each different company may present different debts, so obtain a separate copy from each. Review the reports to confirm how much money you owe to debtors and see your current credit score.

2. Pay off smaller debts to start clearing your name. Rather than paying small amounts to various debtors, it is much more effective to take that money and put it towards paying off an entire bill to clear it off your record. Some creditors may be willing to settle, but it looks best on your record if you pay the outstanding amount in full. Every debt you get rid of is going to help bring your credit back to a better standing.

3. Browse around and compare your options. Talk to banks and other financial institutions, do your research and compare different rates and policies. Depending on when you look and the state of the economy this information can vary, as rates can fluctuate significantly even just from one day to the next, and this is the only way to successfully determine where you are going to have the best chances of getting approved.

4. Look for bad-credit lenders. If you find you are having trouble getting approved by standard financial institutions, you should start looking for bad-credit lenders, which are lending institutions that cater specifically to persons with less-than-perfect credit. Although the interest rates tend to be higher, these lenders are much more likely to approve you, with or without collateral.

Sunday, 26 February 2012

Best Student Credit Cards With No Credit

Top Credit Cards For College Students Who Do Not Have A Credit History

These days there are many things for students to think about. One thing they probably do not wish to think too hard about is getting a credit card. Thankfully, there are a number of top credit cards for college students that are aimed at new scholars who have little or no history of receiving credit.

There is actually a lot of competition between providers. Scholars are big business for many companies, and therefore they compete for your business by offering fairly generous introduction rates. When looking for a product, make sure you shop around for the better offers. The products you might wish to look for are those that offer fraud protection and those which do not charge an annual fee.

The student card from Discover has been mooted as a good product. It should be available with 0 per cent APR for 6 months. It also gives the customer cash back when it is used in restaurants, and also provides cash back when you buy items like gas.

A product that has been receiving pretty good praise is the Citi Forward Card. Like many of the products, it does have a 0 per cent APR, which is an introductory rate that lasts 7 months and includes all purchases. One of the things that make this card attractive is that it offers 5 reward points for each dollar that is spent. The rewards cover purchases made in movie theaters, video rental shops, bookstores and many other places associated with students.

The Dividend Platinum from Citi is a Visa card that offers the user a 7 months introductory rate at 0 per cent APR. Like many other cards, it comes with a reasonably generous cash back offer. For the first 6 months that the card is used, you get 5 per cent back on purchases from drugstores, gas stations and supermarkets. When you pay utility bills, such as cable TV, you also get the same level of cash back. There is also cash back on purchases made in restaurants and hotels.

When choosing a product, it might help if you consider the card to be an important stepping stone in your life. The reason for this is that if you pay regularly and on time, your rating will improve. This will be of great help if you wish to get loans once you have left college. That is why many students choose not to get a debit card, because these products do not normally help improve your credit history.

Each person will have their own ideas about what to look for in a product. Best credit cards for college students are not that hard to find. In fact, the hardest thing could be choosing between all those different offers.