Do you think that credit cards instant approval offers are too good to be true? You might have been used to the traditional process of acquiring a credit card that instant approval would sound suspicious. But is this true?
Gone are the days when you have to dress up and drive to your local bank, fill-out a form, and personally submit your credit card application. Today, most credit card applications are done online. And compared to the old way, it offers people a much quicker, more convenient way of getting a credit card.
What are instant approval credit cards? Continue reading
Secured Credit Cards – The Method Of Choice For Credit Repair Specialist
Having bad credit can cause a mountain of problems. Namely HIGH INTEREST RATES. Most people who have bad credit are always searching for ways to improve their credit score, lower their interest rates and thus save money. One way to improve your credit score is to get a secured credit card. While standard credit cards often require good to excellent credit, a secured credit card doesn’t. Regardless of your credit rating, many secured credit cards offer guaranteed approval.
How can a secured credit card help raise your credit score?
What’s great about a secured credit card is that it looks and functions exactly like a regular credit card. No one would have to know that you’re using a secured card or that you have bad credit. This information is strictly between you and your credit card company.
Applying for a credit card can be a challenging task for those without a credit history or with bad credit. However, credit card companies have come up with guaranteed approval credit that are especially designed to help those with bad credit or no credit at all.
What are guaranteed approval credit cards?
In the past, those without credit or with bad credit can avail of secured credit cards where they are required to submit a deposit or open a savings account as a form of security for their debts. Guaranteed approval credit cards do not require security. As the name suggests, this type of credit cards grant approval more leniently than traditional credit cards.