"Bad Credit" Credit Cards Explained

March 22, 2006 (PRLEAP.COM) Business News
Credit cards for individuals with bad credit, bankruptcies, and no credit often charge very high fees, many of which are buried in the fine print. In a new article on Credit Card Depot, these issues are explored.

For example, of three major "bad credit" credit cards studied on http://www.credit-card-depot.com/bad-credit-applications.htm the one with the lowest possible fees charged $124. The "bad credit" credit card with the highest fees charged over $225 the first year, and over $100 each additional year.

Given the wide range of hidden fees buried in the fine print of "bad credit" credit cards, Jeff Weber, President and CEO of Credit Card Depot Inc, has put together an article aimed at helping consumers in the bad, poor, and below average credit range find a "bad credit" credit card that doesn't take consumers to the cleaners.

Overall, the distress credit type of credit card can help consumers rebuild their credit score. Improving a credit score can ultimately translate into thousands of dollars in savings on mortgages, car loans, and credit card interest. However, consumers need to be careful about which "bad credit" credit card they choose. In the article Bad Credit and No Credit Credit Cards: Avoid Hidden Fees and Rebuild Your Credit Cheaply now live at http://www.credit-card-depot.com/bad-credit-applications.htm, the author gives consumers the information needed to find the right "bad credit" credit card to rebuild their credit with.