Credit Cards For People with Bad Credit Rating
No one has an automatic right to credit and whenever you apply for a credit card you will be
scored by a credit reference agency.
If you have a bad credit history such as CCJs,
defaults, missed payments or bankruptcy, you are likely to encounter problems getting accepted
for cards which offer the most competitive deals.
However, all is not lost as certain card issuers invite people to apply even if
they have a
poor credit rating.
The cards you may be able to get will probably be more expensive in terms of interest rate than the regularly advertised ones. However if you make regular repayments with your new card, your credit rating will improve
and in time and you'll be able to climb back up the credit ladder and
get a better deal.
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