How can I get credit cards

How can I get credit cards

I want to get credit cards but my credit is poor. I would like to know how I can get credit cards .

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Credit Cards for Specialized Situations

The type of credit card that has been developed for those who are in recovering credit mode, is the secured credit card. The long-time leader in this field is Capital One, but many others are available as well. A quick search this afternoon showed several others, including Lanpass Visa Secured, Lifemiles Visa Secured, U.S. Bank Secured, and First Progress Select. To find additional secured cards, try the following website: www.creditcards.com/bad-credit.php.
The secured card basically has the following requirements: a higher yearly fee than most credit cards, higher interest rates, and a security deposit requirement. You must deposit a certain amount of money with the credit card company, and then they issue you a credit limit that is larger than the deposit. But having "skin in the game" to them makes you a better risk. As time passes, and you make payments on time on any credit card charges, they will either increase your credit limit against the deposit, or refund the deposit back to you--the rewards of good performance.
Having used one of these cards to help in rebuilding my credit after a challenging divorce, I still maintain the card today, but I also have very focused use of credit--it helps me build my business, but I always have a short-term repayment plan in place and a back-up plan that is based on an emergency fund that I generated when I first started making money from real estate investing, and is my absolute favorite account--it helps me sleep well at night. I hope these suggestions are helpful.

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Dallin Wall
Real Estate Training Team
Forum Blog Location--A collection of my
"Best of" posts:
http://www.deangraziosi.com/blogs/dwall