When you approach banks or search online getting prepaid cards with bad credit history or no credit history is not a big deal as in the case you are having the good credit history. These types of prepaid credit cards offer an immediate approval with easy steps. Reason is they will ask you diversified collateral or cash deposited into your prepaid credit card. After loading the cash only you can make any purchase with the prepaid credit card. Prepaid credit cards are otherwise known as secured credit cards.
Many people used to quit their search of “Credit cards for bad credit history with no deposit required” with the thought of there are no alternative exists in the world.
Indeed you can find out programs like bad Credit cards for bad credit history that will take the deposit straightly from the credit line that is going to approve for your Credit cards. So there is no need of individual collateral or deposit. Let’s figure out how this method works really.
These no deposit cards often approve your credit card application with certain credit limit. Rather than demanding the deposit to fix your credit line it offers the credit limit and deducts the credit from the total available credit. By this way they are reducing the high risk of approval. However, providing you the Credit cards for bad credit history with no previous deposits. When comparing with all the other existing credit score improvement programs these kind of bad credit cards provides a second chance to establish your credit history.
Credit card debt advice
If you have a credit card debt definitely you will be looking for something like credit card debt advice. You have any idea on how it works? If not so, let’s find out now.
Check whether your credit card company offers you the services like credit card debt advice. If yes they will provide a individual credible expert who will assist in all the way they can to pay your debt. First off the credible specialist will listen patiently into your issues to find out the real nature of the debt. He might take a look on your monthly income statement so that they can come to the conclusion of your month wise ability to repay the debt. They will fix the maximum possible amount for your debt payment and make sure whether you can manage your daily expenses with the remaining amount. Your credit card company ensures you are living comfortably when you are in the process of lowering the credit card debt every month.
One of the other credible advices will be taking the debt consolidation. This way will enable you to pay all your debts with the best possible interest rates. When you have debt with many accounts all your debts will be rollout to one account. So after this process it is enough to pay a single payment from one account. So automatically the interest will get lower. This single short of payment will address all your debts. If you want to find a debt consolidation company we would suggest you to go for the Credit counseling society which is rated positively by the users in so many reviews.
Credit counselling society
It is a Canada based registered non-profit service offering company. In and around Canada which helped over 50,000 people every year.
Credit counselling society helps the people to resolve their debt problems and regain their financial problems by the below mentioned ways.
- Helping out in knowing all the available options
- Make the people to find out which option will best suit to them
- Consolidating all the debts into one account
- Assist them in reducing the interest charges from their credit cards Avoid bankruptcy
put an end to collection calls
educating the people on ways to manage their credit wisely