Bad Credit - Credit cards

Why will I need a bad credit ‘credit card’ ?
You might need a bad credit ‘credit card’ for a variety of reasons. They are:
• If you have defaulted on paying your house rent or credit card or other debts.
• If there has been a County Court Judgment against you.
• Ensure that you are a registered voter before applying for any credit.
• Though little far fetched, but at times even the credit history of your geographical location might come into play.

What are the Disadvantages of a bad credit ‘credit card’ ?
It is not impossible to obtain a credit card when you have a poor credit history, but it is definitely expensive. You get a bad credit history when you usually lose out on making your payments – so the creditors insure themselves against this happening. This implies a high rate of interest. You can surely mend this by making regular payments – this will enable you to get an access to a better credit card with a better rating in future. Nevertheless, if you default again, your credit rating will become worse!

According to a recent study, almost one in every four adult population in the United Kingdom has experienced some sort of bad credit. Alarming, right! However, don’t fret. There are a lot of companies today who are sympathetic to people with bad credit history.

Listed below are some bad credit ‘credit cards’

Orchard Bank Platinum MasterCard – Orchard bank Platinum MasterCard offers the following benefits 

Orchard Bank Low APR Platinum MasterCard – listed below are the benefits of choosing this card

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