Comparing Credit Cards for Poor or No Credit

If you’ve ever suffered financial difficulties or are new to the world of credit then you’re going to be limited in the amount of cards that you apply for. This doesn’t mean that there aren’t any cards for you and it certainly doesn’t mean that you can’t improve your credit rating and become eligible for better deals in the future. Improving your credit score might be an uphill struggle but it isn’t an impossible task. If you can demonstrate over a sustained period that you’re a responsible borrower then credit companies will look upon in a more favourable light.

Only taking out credit when you need it, not when you want it, is one of the most important things you should remember. Unnecessary transactions made on a whim will only serve to rack up debt that you can’t afford to pay back and therefore plunge you into further trouble.

Paying your bills on time is crucial as every utility bill or rent payment is noted and counts towards your overall credit profile. Ensuring you are prompt with any cost of living payments will help drag your rating from the depths of despair.

The fastest way to boost your score is by paying off any outstanding debt on other cards. By cancelling out any revolving debt you could improve your credit score by 20 points over a two month period.

So what are the best options if you’re credit score is looking a little worse for wear?

Facecard prepaid MasterCard

Intro APR: *
Regular APR: *
Annual Fee: N/A*
Intro Period: *
Balance Transfer: Yes*
A safe alternative to credit card debt.
Instant and convenient access to funds-have your paycheck deposited directly on your Facecard.
Set up bill pay, no more forgetting the electricity bill.
Friend-to-friend paybacks as easy as going to the website via internet or mobile phone.
Ability to use anywhere MasterCard debit cards are accepted, including ATMs.

Vision Prepaid Visa Card

Intro APR: *
Regular APR: *
Annual Fee: See Terms*
Intro Period: *
Balance Transfer: Yes*
100% approval with no credit check
FREE unlimited purchase transactions
FREE Direct Deposit – no more check cashing fees
FREE Account Alerts – email and/or SMS text messages
Pay any bill: rent, cellular phone, insurance, utilities, etc.
Load cash at over 100,000 participating retail locations

Upside Visa Prepaid Card

Intro APR: *
Regular APR: *
Annual Fee: See Terms*
Intro Period: *
Balance Transfer: Yes*
No activation fee, no monthly or yearly fee.
Great solution for a debt-free financial future as it has no APR or overdraft allowance.
Quick, easy online application.
Free money loading with direct deposit from friends, family and employers.
Free and instant card-to-card transfer, perfect for IOUs, birthdays, holidays, etc.

Working your way out of debt isn’t easy but once you get your credit score moving in the right direction your options will open up.