3 alternatives to subprime credit cards that can help you build credit.
In order to avoid the high costs of subprime cards, consider alternative options that allow you toGet credit for monthly billsis one of the best choices for someone who wants to rebuild credit.
A secured card is nearly identical to an unsecured card in that you receive a credit limit and if you don't pay your balance in full each month you will incur interest charges. However, you have to make a deposit, often $200, in order to receive a line of credit. The amount you deposit typically becomes your credit limit.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Deep subprime borrowers incur $1,599 more interest on the average credit card balance than super-prime borrowersHere's a breakdown of the average interest rate for borrowers from deep subprime to super-prime, and how much interest each can incur on credit card debt.
Weiterlesen »
How knowing your credit score can help protect you from a subprime loanCNBC Select takes a look at why staying on top of your credit score is important and what score to aim for if you are a subprime borrower.
Weiterlesen »
Sallie Krawcheck: Building an emergency fund before paying off your credit card debt is bad adviceHaving three to six months' of savings before paying off debt is go-to financial advice, but CNBC Select hears from a finance expert on why this is misleading.
Weiterlesen »
4 Credit Cards That You Should Never GetCredit cards are a booming industry. And like any other successful product, there will be companies who go a little too far in trying to turn what should be simple into a sought-after trend. We’ve seen it all—credit cards for social media influencers, gold-plated cards and cards with sky-high interest rates. Here’s what we’ve learned: […]
Weiterlesen »
Here's who's eligible for a credit card and what factors card issuers consider when you applyHere are the eligibility requirements and information you need to enter for a credit card application, and what issuers are looking at when they decide to approve or deny.
Weiterlesen »
Free drinks, store credit and cries for help: How we're handling the coin shortageMany stores are asking customers to use exact change, credit or debit cards. But there are other workarounds.
Weiterlesen »