Are you ready to get a credit card but are not sure where to start? Does the whole process seem to confuse you? Do you have less than perfect credit and wonder if you can even get a credit card? The first thing you need to know is that even though you have bad credit, you can get a credit card. There are specific cards out there that are specifically directed for those with bad credit.
Secondly some things that you need to know are the terms of a credit card. APR (annual percentage rate) is one of the main things you want to look at. This is the percentage rate at which you would be charge for your credit card. Another thing you want to look at is if there is an annual rate (this is basically a membership that is paid yearly). Transaction fees and other charges are charges that can be brought against you for withdraws, late fees and going over your limit. These are all things that you need to read carefully when selecting a credit card.
Here are just a few tips to think about when looking for your perfect credit card:
1. Know what you are looking for
2. To keep yourself out of debt-carry only the cards you know you will use.
3. Protect your cards. Never leave the lines blank and make sure you tear up all information pertaining to your card.
4. Keep all receipts just in case you need to make a dispute against the charges.
Overall, credit cards are not all that hard to get. Back in 2004 there were over 1.3 Billion credit cards in circulation in the United States. That is at an average of four credit cards per person. Even if you have bad credit, there are credit card companies that are willing to give you a chance. The credit card companies may give you a higher APR, but they also may go down if you keep up with all of your payments, none the less, you are getting a chance to redeem yourself.