Рубрика: Moneykey Loans

FAQ: bank cards and bad credit

FAQ: bank cards and bad credit

It can be tough to know where to begin when you have a bad credit score and are looking for a new credit card. Have a look at these commonly asked concerns to have a feeling of which way you ought to get.

Can you can get a credit card without any banking account?

It will be very hard to get a charge card without a banking account. Also many cards supported by a deposit need you to have a banking account. One exclusion could be the OpenSky Secured Visa: you can easily spend your safety deposit via cash purchase or have someone send the money key issuer a transfer or check for you.

Is it possible to prequalify for credit cards with bad credit?

You can, though not all the issuers provide prequalification. Luckily, those who do typically figure out whom prequalifies for the card with a soft credit pull, which won’t influence your credit rating. Having said that, the job can certainly still be rejected even after you’ve prequalified.

Bank cards for bad credit that provide prequalification consist of:

Can a credit is got by you card after bankruptcy?

Yes, though your choices will undoubtedly be restricted. To save lots of some time protect your credit rating, it is far better only make an application for charge cards created for bad credit and credit that is rebuilding. Certainly, a couple of such cards explicitly specify that past bankruptcy is okay, including the Indigo Platinum Mastercard therefore the Milestone Gold Mastercard.

Secured vs. Unsecured charge cards for bad credit

There are 2 main kinds of cards to think about when you’re interested in credit cards with bad credit: guaranteed and cards that are unsecured. Both could be a tool that is useful your credit-rebuilding efforts.