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Credit Card Applications » Credit Card Questions » Other Questions » what is an annual fee and what is the best credit card for someone who has no credit history

what is an annual fee and what is the best credit card for someone who has no credit history

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Date:
December 28, 2006, 3:17 am
what is an annual fee and what is the best credit card for someone who has no credit history
Answer:
At our site you can find details help page, at which there are explanations of the most common terms (including annual fee) referring credit cards' details. In short, annual fee is the amount of money you pay for your card being serviced and processed during a year.
People who have no credit should establish thei credit first with the help of secured credit cards or co-signer cards, and after they accumulate their credit rating, starting with high-charge cards and ending with beneficial ones, for example, no annual fee credit cards, thus reaching good or excellent credit.
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