A place for passiong about credit cards
At first glance, bad credit credit cards may seem like the perfect answer, but there is a downside. Some cards charge exorbitant fees in the first billing statement that can eat up the entire credit limit. They may also charge extremely high interest rates that not only drain the credit limit but trigger overlimit fees and charge interest from the moment of purchase rather than granting a grace period. Bad credit credit cards can be invaluable to rebuilding your credit rating, providing you do your homework ahead of time. Be sure that your chosen card company reports to all major consumer credit bureaus.