The Road to Good Credit: Step #3
GET A REAL CREDIT CARD
Credit cards for bad credit are real honest to goodness credit cards. In other words, they extend you credit that is not collateralized. The credit limits are generally very low and the interest rates are very high. These cards do report to credit bureaus and are great for building credit if used responsibly. It is essential that you make note of any upfront fees, interest rates and penalties before signing up for a credit card for bad credit. Make on-time monthly payments and watch your credit grow!
