Join the thousands of satisfied people who have successfully received a personal loan with bad or no credit!

Capital One Grants a Chance Of Applying For a Credit Card at

The process of applying for and receiving of a credit card can be pretty tough and time-consuming. You are asked to fill a bunch of forms, to provide the information and to wait for a long time until you are notified about the decision. Capital One bank has decided to make this process more accessible for all the American citizens who wish to apply for a high-end credit card. The primary requirements for the participants are that they have to be of 18 years or older, have an excellent credit card history and possess reservation code and access code. What are these things?

It all can be explained by the fact that this is all the part of a promotional campaign launched by Capital One. The program is called Get My Offer, and it was created in order to give people the chance to apply for a beneficial credit card they would enjoy using.   read more...

Credit Cards for people with bad credit

Credit card companies also design credit cards for people with bad credit and no, or limited, credit history. Cards can be “secured cards”, “unsecured cards” and even “prepaid debit cards”. Most people think they simply can’t get a credit card with anything less than stellar or good credit - but they can. Some of the most well known credit card companies will guarantee approval and not require a credit check or employment. Of course, bad credit credit cards may carry higher interest rates, lower maximum credit limits, and require advance payments but that is the trade off a consumer accepts until they can better their credit score.

Many people use this type of credit card to rebuild credit - but an important life rule to remember is to never charge more than can be paid back by the due date. People should work to rebuild credit, increase their credit score, reduce debt and ultimately get a credit card with more attractive terms.

Improve and Build Your Credit Score

There are three main credit reporting agencies in the US. These three agencies compile data from vendors and credit providers and issue a credit score for individuals. People that pay their bills on time and have clean borrowing and payment records generally get a higher score and people that are not so diligent generally get a lower score. The three main credit reporting agencies are:

  • Experian
  • Equifax
  • Trans Union
Click here for more information on fixing your credit score sooner than later and details on how to get your free credit report.

How to Get Your Free Credit Report

By law, consumers are entitled to one free credit report from each of the three main credit reporting agencies. Consumers can also obtain a report from other online companies that can help monitor and repair credit and help with identity theft. Click here for more information on how to get your free credit report.

The Top 5 Pros and Cons to Borrowing Money with Bad, Poor or No Credit

Loans for people with poor credit histories were originally designed to help people get through financial hardship and emergency situations and including medical problems, car repairs, or other unforeseen issues. They were not designed to finance the purchase of a new pair of designer shoes, a big screen TV to watch the Super Bowl or a trip to Mexico! Here are our top five pros and cons when deciding on whether to borrow money using a loan when you have bad or no credit (read full article).

Top Five "Pros"   Top Five"Cons"
1 Fast approval and fast cash   1 Fees & interest rates can be high
2 Online registration is easy   2 Can be more expensive if you don’t repay on time
3 No credit - Good credit   3 Avoiding the Hamster Wheel Effect of repeat borrowing
4 Loans are unsecured   4 Saving money can be harder
5 Secure information   5 You need to have a job
When to get a bad credit loan and the simple rules to follow!