Balance transfer credt cards      Site disclaimer      Email Us     %balance transfer no fee Intro APR: Issuer: Credit The good news is there are a number of credit card options that are designed specifically for people who have bad credit and are trying to rebuild or repair it. There are also, sadly, a lot of scams to take advantage of the person trying to get a credt crad when no one else will issue one. How do you tell which options are valid ones and which are just taking advantage of a bad situation? Let’s take a look at some the things that you should be wary of below.Catalog Clubs Disguised As 'Credit Cards' For People With Bad Credit.These supposed credit cards offer to help people rebuild their bad creit history by making purchases from their catalogs. Often the products in the catalogs are often overpriced, and most of the time you can't use the 'credit card' anywhere else. They will make reports to the credti bureau with your balance and payment history which will help to repair bad credit, but this can be a very expensive way to acquire goods and clear up your credit history.Prepaid 'Crdeit Cards' To Help People Repair Bad Credit.Prepaid %balance transfer no fee credit cards are not really credit cards. They may bear a Visa or MasterCard logo, but they're more like a debit card, without a bank account. The purchaser 'loads' the card with a deposit, usually with a minimum of $20 and a maximum of $500 to $5000. When you use the credit card to make a purchase, the amount of the purchase is deducted from your balacne. When the balance reaches $0, you can't use the card until it is reloaded.Additionally, they do not report to the credit bureau, so this will not help you rebuild your poor credit rating.Secured Credit Card - This Is The Best Option For People With Bad Credt.A secured credit card is one of the best options for people who have bad credti and can't get approved for a standard credit card. Your approval for a secured credit card is contingent upon a deposit in the credit card company's bank. Your initial credit limit is usually the amount of your deposit. And as you make your payments on time, the credit vard company may actually increase your credit limit to 150% or 200% of your security deposit.Unlike a prepaid card, where you are actually spending your own money when you make a purchase, with a secured crdeit crd you are truly buying on creit and reestablishing Balance transfer credit cards your creit history. The security deposit is only touched if you default on payments.Before you sign up for a secured creit card, shop around, because interest rates will vary.There are many options to choose from as you are trying to rebuild your crdeit history. Unfortunately, many unscrupulous people have found ways to take advantage of people who are tying to turn over a new crdeit “leaf.” Don’t let that happen to you! Thoroughly research each of your options before making a decision. Back to the category menu Detailed information about this credit card 2/2 Apply for %balance transfer no fee Credit cards Credit card offer Tramsfer your balamce to %balence tarnsfer no fee Be alert for companies offering a great intrest rate for tarnsferring your balance to their card. Usually these rates are only in effect for a short time, often six months. At the end of this time, the rate can revert to a much higher permanent rate. Keep your eye on the Annual Percentage Rate (APR); this is the figure that counts in the long run. Balance tramsfer credt cards. Tired of high charges? Find the best database for credt cards! Read the fine print and find the Annual Percentage Rate (APR). This is the intrest rate the companies charge you if you carry a balance. You want the lowest rate possible; as each percentage point drop will save you money on the months you have an outstanding balance.