Getting credit card bad credit | thimbl. can be a lifesaver. It can give you access to credit for emergencies, but it can also help you rebuild your credit. Whether you are looking for a card with rewards, low interest rates or a free credit report, you will find that there are many options to choose from.
Can I get a credit card with 515 credit score?
You can choose between an unsecured card and a secured card. Secured cards work much the same way as an unsecured card, but require a security deposit. The deposit is returned to you when you close the account. Depending on the credit card, you will have a credit limit based on the amount you deposit.
The security deposit protects the issuer in the event that you fail to pay your bills. Secured cards are also easy to obtain. Simply type a secured credit card into a search engine and you will be able to see all of the options.
The best secured cards will have a refundable deposit. These cards can be used to rebuild your credit, but be sure to read the fine print before you apply. You can also get an unsecured credit card with bad credit, but you may find that it carries higher fees and interest rates.
If you have a low credit score, you should make sure that you understand the fees and interest rates before you apply. Some cards have hidden fees or penalties that you can’t find out about until you apply.