There are 2 main kinds of bank cards for bad credit. Secured charge cards need you to create a deposit with all the loan provider issuing the card. Subprime bank cards, often advertised as “student credit cards“, were created for folks simply developing a credit score. Stay away from cards that want upfront charges — or “fee harvester” cards — because these costs can cut into the borrowing limit if your wanting to even produce a purchase.
Which kind of cards in order to avoid for those who have bad credit
A 59.9 % APR and a $75 processing fee that is set-up.