FINDsecuredcards.com has launched a new secured credit card offered by Applied Bank™.  The nice thing about this credit card is that it has one of the lowest APRs when it comes to secured cards.  Be sure to check out all the other features that come along with this card.

Be sure to read our Applied Bank™ Secured Visa® Credit Card Review

If you’re a consumer with bad credit, one of the things you learn while you re-building credit is to constantly monitor your credit report.  While monitoring your credit report, if you find something that’s suspicious, it’s important that you contact the credit reporting agency as soon as possible. 

If you haven’t checked your credit report yet, I recommend you check your credit report ASAP.

Below are some toll-free numbers and websites you can contact each agency by –

Experian
website:  http://www.experian.com
phone number:  1-888-397-3742

Transunion
website:  http://www.transunion.com
phone number:  1-877-322-8228

Equifax
website:  http://www.equifax.com
phone number:  1-800-685-1111

If you have any questions or concerns regarding your credit report, it’s important that you contact the company that provided you with the credit report.  Each company will be able to answer any question that you may have when it relates to your credit report.

When people hear the words, “bad credit’, they instantly think of bad things.  This isn’t the case when you’re looking for a credit card.  Credit card companies are always looking for all types of customers.  Whether you have bad credit or excellent credit, there’s always a credit card out there for you that will suit your needs.  I’m going to show you today on how you can get a credit card with the worst credit in the world.

Start really small – My first word of advice would be to start small and when I say small, I mean department stores.  If you think of any department store out there, they most likely have a credit card built for their store exclusively.  The nice thing about this card is that they accept just about anyone and yes, even if you have bad credit, you can still get a card.  The only thing different about your card (if you have bad credit) is that you’ll get a lower credit limit but the nice thing is that you’ll be able to build your credit back up since the card does report to the credit bureaus.

Department stores I’d recommend checking out are –

• Macy’s
• Dillard’s
• Sears
• Wal-mart

Check out your bank – If you’re already part of a bank or credit union, see if they offer a credit card.  If they do, see if you can apply for one.  Since you’re already a customer, the chances of you getting a credit card are pretty good, it never hurts to apply!

A secured credit card – If the above two points fail, you may want to resort to a secured credit card.  The nice thing about a secured credit is that just about anyone is approved.  I’ll quickly tell you how one works.  A secured credit card is just like a normal credit card but it requires a small deposit to open the card up.  The reason the companies ask for a deposit is so that if you don’t pay your bill off in time, they can simply dip into your account and withdrawal your money.  This is why it’s important to pay off your bills!

If you have bad credit here in the United States, you’re  not alone.  Thousands of Americans face debt everyday and not only does it cause stress in their everyday life, it also causes uncertainty of their future if they will have their car, house, or any other type of belonging.  There are many steps that you can take to rebuild your credit history but I’m going to show you a few key points that you should take in order to repair your bad credit history.

Always pay the bills on time - If there was one golden rule when it comes to repairing your credit, it would be to pay every bill off on time.  Even if it’s the minimum amount, this doesn’t matter.  Your minimum amount will generally be a small percentage of your total bill.  If you can pay this minimum, I would do everything in my own power to do it.  A unpaid bill on your credit report is a huge ding.

Start cutting the cards – My general rule of thumb is to pay off your credit cards and get rid of them.  If you don’t think you can use a credit card properly, you should either stick to a debit card or just plain old cash.  Once you pay off a credit card bill, cut it up, cancel the card, and don’t even think about it again.  This will do you a lot of good in the future when you don’t fall in that debt hole again. 

Secured Credit Cards – If you’ve completely cleaned up your debt and you’re having a hard time getting a new credit card, you may want to resort to a secured credit card.  The nice thing about a secured credit card is that most people are approved but the only difference is that you have to drop a small deposit in order to open the card.  The reason you have to open the account with a small deposit is becuase you haven’t gained the trust with the credit card companies yet.  If you don’t pay off your bill, they can simply dip into this account and take the money out.

Watch your credit report/score – Once you start paying off your bills and credit cards aggressively, make sure you get a copy of your credit report at least once a month.  This will allow you to keep up to date with your progress and it’ll allow to check and see if there is any suspicious activity.