subject: How To Get A Credit Card With Little No Or Bad Credit: Some Thoughts From Platinum Trust Card [print this page] Often times you hear many people say, "I don't use credit cards". A majority of these people are unable to get a card due to their credit history. Unfortunately, emergencies happen and that is when a credit card is necessary. So, how do you obtain a credit card with little or no credit?
There are a number of reasons why you may need to have a credit card. One of the most common examples is for renting an automobile. You may also want to buy things online or sign up for memberships that require using a card.
Getting a card is easier than you might have thought. It can be done even if you have bad credit or you have not established a history yet. These are often cards that you pay into and use much the same way as you use a debit type of card.
Cards of this type can be used the same way as other credit cards. Any place you use it will see no difference. It is a way for you to begin building or improving your credit history.
The way these types of cards work, you make a small deposit towards the particular item you wish to purchase and then are able to finance the rest on your line of credit. On a monthly basis as you make the minimum payment, they report your good payment history to the credit bureaus.
There may be a fee associated with the card as well. Make sure you ask the company representative about all fees and terms associated with the account. It might not be as ideal as true credit but it is a way how to get a credit card with little no or bad credit.
