guaranteed approval

A guaranteed approval bad credit credit card is a common financial tool for people with poor credit. There are many different types of guaranteed approval credit cards.  Unsecured, secured and catalog are the most common.

  • Unsecured bad credit credit cards – are credit cards that don’t require a security deposit and are issued by sub-prime lenders.  Meaning they are made for people with low credit scores.  Read the fine print.  Not all of these cards are unsecured.  Credit limit tend to be lower than secured cards and the fees are higher.
  • Secured credit cards – use your security deposit as your credit limit.  Most don’t really credit check since they have your security deposit.  So if you default, they are still covered. These cards tend to have very low fees and are great for rebuilding your credit.  Usually after a year they will become unsecured and you will get your security deposit back.
  • Catalog credit cards– these don’t credit check at all.  They tend to give you VERY high credit limits, but you can only buy merchandise within their catalog

It works just like any regular credit card so it can really benefit the card holder in many ways. However, some people may not be familiar with this type of credit card.
If you can’t qualify for a regular credit card, here are 4 reasons why you should apply for guaranteed bad credit cards:

1. Easy Application and Approval
Applying for one of these cards is easy.  Once you find the card you want, you can apply for it online.  And as for approval, it doesn’t get much easier to be approved than with online store credit cards guaranteed approval!

2. Improve Your Credit. 
If you are trying to rebuild credit, make sure that it has the credit builder function and reports to at least 1 credit bureau.

3. Convenience
Credit cards are one of the most convenient forms of payments a person can have. It allows the person to buy different products and services without actually paying in cash.

4. Reliability
Depending on the type of guaranteed approval bad credit card you choose.  Your card can be used not just within the country but also around the world. And since many business establishments now allow online shopping, you can also use your card for your online transactions.

By Allison May

Allison May is a credit consultant and a writer for Credit Creators. The resource provides consumers with valuable advice and information on Guaranteed Approval credit cards, Unsecured credit cards for Bad Credit and other credit-related issues. The main objective here is to help people build good credit. Add Allison on

One thought on “Why Should You Apply for Guaranteed Approval Bad Credit Card?”
  1. Thanks for the thoughts you have discussed here. In addition, I believe there are a few factors that really keep your loans premium all the way down. One is, to consider buying vehicles that are inside good listing of car loans organizations. Cars which can be expensive tend to be at risk of being snatched. Aside from that loans coverage is also in line with the value of your car, so the more pricey it is, then higher the particular premium you have to pay.

Leave a Reply

Your email address will not be published. Required fields are marked *