Bad credit history – Obtaining cards without a good credit record
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Building Credit History » Bad credit history – Obtaining cards without a good credit record

Bad credit history – Obtaining cards without a good credit record


Updated: December 26, 2012

By
Add to Favorites:

People are usually uninterested in applying for credit cards when they don't have a decent credit history. In fact, bad credit history is considered as one of the main reasons for people to not apply for credit cards. However, this is completely untrue, as many people with not so great credit history have managed to obtain credit cards today. You need to know the tactics that you have to implement in order to get the right kind of credit cards. Listed below are some valuable tips that you can implement in this regard.

Opting for a lower credit limit

One of the simplest tricks that you can make use of is to go in for a credit card that has a lower credit limit. These cards are usually given to people without very high credit requirements. Hence, it is a solution that you can go in for if you desperately want a credit card but have not been able to apply for one due to some restriction or the other. Many credit companies are quite lax about this, especially when you opt for credit cards with lower credit limits and higher interest rates. They find it less risky when the customer pays more interest rate.

Cards with higher annual rates

Another solution that you can go in for is to go in for credit cards that come with higher annual rates. If you are constantly getting turned down by financial institutions for not having sound financial record or some other reason, then you should perhaps opt in for costlier cards that have a better approval rate but are also more expensive to make use of. These are the cards that you might be interested in knowing more about since they are provided to pretty much everyone that applies for them.

Hence, you should not be dissuaded into applying for credit cards simply because you have bad credit history. There are alternates that you can make use of in order to get a credit card and subsequently improve your credit history. For many people, this might not seem apparent right away. But, over a course of time, you can learn about how to get a good credit card and build your credit history in this manner. After all, you can't just be idle with a bad credit history and do nothing about it. The best way to improve it would be to opt in for credit cards that can help restore them to a good figure.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Related Research:

How to Get Free Wi-Fi in the Air

By Herbert Moore, Posted: August 9, 2016

Sometimes in-flight Wi-Fi is the bare necessity when you travel abroad or within the country. However not all airlines offer free in-flight Wi-Fi. There is only a couple of airlines that will allow you to use Wi-Fi ... Continue reading

Amazon Credit Cards Review

By Allison Martin, Posted: May 30, 2016

When Amazon.com was launched 20 years ago, few could have envisioned how far the company would come. What was once an online specialty bookstore is now an Internet juggernaut that sells nearly anything and has made major inroads into ... Continue reading

How Much Do Shell Cards Really Save on Gas?

By Allison Martin, Posted: April 20, 2016

There is an endless amount of gas cards on the market, and practically every major gas station, including Shell, has options to choose from. In fact, Shell offers two options for gas cards for consumers. Continue reading