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what if my credit score is 525 what would be the right card for me |
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Date:
February 7, 2007, 10:56 pm |
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what if my credit score is 525 what would be the right card for me |
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Answer:
Your credit score corresponds to bad credit history, so you should choose credit card applications accordingly. It’s up to you to decide which card is the best variant for you, as much depends on the following factors: the number of cards you are holding at the present moment, their type, how you pay them off , the purposes for which you need one more credit card, and so on. You can choose secured credit cards which require collateral. Unsecured credit cards for bad credit don’t require money deposit, but the fees and rates of such cards may be very high.
You can also improve your credit with co-signer credit cards, when person with good credit obtains a good credit card and signs you up as a co-borrower. Thus you will use the credit card and accumulate a number of points for your credit score, but both of you are responsible for the credit. |
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