If
you are looking for a Credit Builder credit card,
then try these providers: |
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If
you have never owned a credit card, or perhaps you have
but unfortunately missed a few payments and now struggle
to get new credit cards, a credit builder credit card might
just be the card you need. |
| In
order to be accepted for a credit card, you normally need
to have some kind of credit file on record that the card
provider will check when considering your application. This
credit record is something you naturally build up over time
from having bank accounts, utility bills, mobile phone contracts,
and other similar things that involve you making monthly
payments on time and for the correct amount. If you have
been a bad payer, for example paying your bills late or
not at all, then this information can be logged on your
credit file for lenders to see when considering whether
or not to offer you further credit. Likewise, if you have
been paying everything on time, this information is also
available for the lenders to view during their acceptance
process. If you fall in the first category you may have
trouble getting accepted for a new credit card because the
lenders may be concerned about your ability to repay your
debts, that said there are now providers suchs as those
to your left that may accept your application to assist
you in rebuilding your credit history. These providers are
also very useful if you haven't previously had any credit
and would like to build up your credit history, which will
allow you to slowly move onto better credit card offers
in the future. |
