There are many different kinds of credit cards available for people with bad credit. Many of them look and feel like conventional cards. They also are backed by the same card processors. They are accepted anywhere credit cards are accepted. However, these credit cards differ in terms of APR, credit limit and rewards. Most of them have low minimum income requirements.
How many hard pulls is too many?
People with bad credit credit cards uk often have low credit scores because they have been late on several payments or defaulted on a previous loan. Other people may have a low credit score because they are new to the UK or have never borrowed money before. Whatever the reason, it’s important to get the right type of credit card.
People with bad credit should avoid applying for conventional credit cards. These can cause more damage to your credit rating. But fortunately, there are bad credit cards available. These are specially designed for people with bad credit. While these cards are typically higher interest, they are easier to get approved for than the conventional cards.