How to get unsecured credit cards with bad credit?
1 answersQuestion asked ( October 26, 2009 , Shopping )
I need some extra cash to pay off some bills but I don't want to pay high interest rates. Is it possible?
Answers to : unsecured credit cards...
AnswerAs the recession continues, unsecured credit cards for people with bad credit are getting more popular. Most bad credit borrowers are looking for some extra cash to pay for bills, but do not want to pay for high interest rates on this money. It is unfortunately very hard to get a low interest rate on a bad credit unsecured credit card. (Unsecured credit cards are not secured by collateral. Potential customers will qualify for such cards based on their financial strength, their earnings potential or their credit history). The main advantage will be to make purchases you normally pay with cash, and use your extra cash for purchases that do not accept credit cards, like rent payments and electric bills.
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