Low Intro APR
No Annual Fee
Cash Back
Reward Cards
VISA
Mastercard
Business Credit C.
Balance transfer
Student Credit Cards
Frequent Flyer
Gold Cards
platinum Cards

Advanta
American Express
Bank of America
Bank One
Chase Manhattan
Discover

Bankruptcy
Slow Credit
Average Credit
Excellent Credit

            Ifyou have had difficulty keeping up with your bills, you can restassured you are not alone.  Many people have run into trouble or ashortage of cash flow from time to time that has resulted in theinability to make all of their payments in full and on time. However, just because you don’t have a perfect credit history does notnecessarily mean that you will be unable to obtain a credit card. It’s no surprise that a person with a low credit score will have moredifficulty and less options when trying to get a credit card in theirname, but it is not completely impossible because creditors do takemore than just your credit score into consideration when decidingwhether or not to give you a credit card.  The important thing toremember is you do not want to apply for every credit card out there-every time you apply for a credit card, you are further hurting yourcredit rating.  When you have a low credit score and a poor credithistory, you need to do your research before you start applying, andonly apply to the handful of credit cards that are designed forindividuals with a less than perfect credit history to make sure youlimit the number of credit inquiries that are placed on your creditreport.

            Whena credit card provider is deciding whether or not to extend credit toan individual, the lenders take several things intoconsideration.  The credit score is always a factor, as is youroverall credit history of how many times you’ve made late payments, andhow much credit you currently have available to you, and how much debtyou currently owe.  In addition to these issues, a credit cardcompany will also consider the length of time that the individual hasbeen employed at their current job, and will look favorably on peoplewho have held a steady job with a decent income for a long period oftime.  If your debt to income ratio is manageable, meaning youmake enough money to comfortably pay for the amount of debt youcurrently owe, sometimes a lender can still extend you credit eventhough you have made late payments in the past.  

           Chances are, if you’re working to improve your credit score for yourfuture, you’re sending as much money as possible to each of yourcreditors each month as you are trying to pay down your overalldebt.  Because of this additional money being sent out, there willbe less money available to you on a regular basis, and having a creditcard can give you some security in the event of an emergency. What happens when your car breaks down, or a health issue comes up andyou just don’t have the money to pay for it because you’ve been sendingall your extra money to each of your creditors?  Having a creditcard can be the security you need for these emergency issues. Credit cards for individuals with poor credit histories will almostalways carry a higher interest rate than a traditional credit card, butthe benefits of having a credit card for emergencies, or to use as asecond form of identification, or even for renting an apartment makehaving the credit card advantageous over not having the card atall.  Some landlords may require a credit card be on file in theevent you are late with your rent payment, so that they have theadditional security of knowing they can get their money by billing yourcredit card.

            Themost popular option for people with poor credit histories is to obtaina secured credit card.  A secured credit card allows thecardholder to make a cash deposit on the card, and then whenever thecard is used, it deducts the amount from the amount of the deposit youmade.  It’s much like a bank debit card, but a secured credit carddeposit will earn interest, and help earn money when you aren’tspending with the card.  In addition, as you continue to makedeposits to the card to cover your purchases, you are helping toimprove your overall credit score.

You can find out more about getting bad credit credit cards from the authors website at http://www.dgftaworld.net/credit

Article Source: http://EzineArticles.com/?expert=Doug_Parent

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Yes, low APR credit cards are on the rise. Many credit cards are competing for your business to give you the best and lowest rates available today. There are so many credit cards from you to choose from that they are doing all kinds of things to get your attention including lowering their interest rate and giving you no annual fees.

Why is this happening? Because there are so many credit card companies. They all want your business and this is an attractive incentive to get you to apply and own one of their credit cards. If you choose a low APR credit card over one with 19.99 percent you are sure to go with the lower APR.

The only problem is that sometime these 0% and low APR credit cards are only promotional ways to get you to apply and then later your interest rate will rise. Many credit card companies have low APR credit cards for a certain amount of time such as 3 months, 6 months and some up to one year. You will have to compare to find out which one keeps the lower APR after the promotional period to ensure you are getting the best deal around.

No matter what the reason low APR credit cards are here to stay as long as the companies are competing for your business. Just remember to compare everything they offer besides the lower interest rate. You may find that several credit card companies are now offering other wonderful incentives for you to apply with them such as reward programs.

No matter which company you choose, you will enjoy the low APR credit cards even if it is only for a limited time. You will be able to save money on your purchases because you will not have to pay any interest until the promotional period is over. Just be sure your balance is very low when the interest rate kicks in and you will be fine.