Continental Finance MasterCard - Bad Credit MasterCard
by Dan Moskel
This card is a sub prime unsecured card. This means the
Continental Finance Card is designed specifically for
individuals looking for a second chance with credit.
When this card is issued it will give you an initial limit
of $300. You will be able to receive semi-annual increases
to your limit, with a maximum limit of $2000.
You account will be reported monthly to all three credit
bureaus. This will give you an opportunity to rebuild your
credit score.
This card can help your credit score because by paying your
monthly bill you will create a positive payment history. In
addition by opening this account it will improve your ratio
of credit to debt.
These two factors have a tremendous impact on your credit
score. It is still important to remove bad credit items from
your credit reports.
This card is unsecured which means there is no initial
deposit, however because of your low credit score they will
charge you an annual fee. Unfortunately this is an
unavoidable cost and you will have a fee with any credit
card you open with a damaged credit score.
The benefit of this card is the very low 9.75% APR. The
industry standard on sub prime cards is just under 20%. Your
card can be used at millions of locations across the globe.
There is an easy approval process, and can be used by people
with a bankruptcy on their credit history. You will get the
results of your application with seconds of completing it
online.
The card is issued by The First Bank of Delaware. This bank
has been a leader in sub prime lending for years.
In addition you will receive online account access. This
card works just like any other credit card, you will be
responsible to pay your monthly bill.
The alternative is a secured credit card. However with this
card it will take you longer to rebuild your score because
this card is reported to the bureaus as a secured line of
credit.
The other option is a catalog card. This is a credit card
that is only accepted at a specific location. Do not use
these credit cards as they often come with large upfront
fees and typically only report to one credit bureau.
In sum we do suggest the Continental Finance MasterCard to
anyone looking to re-establish their credit rating. This
card will help by improving your ratio of debt to available
credit and can build you a positive payment history. - 15668
For more about the
(http://cardsuggest.com/index.php/continental_finance_mastercard.html?call=default&id=21&cid=19)
Continental Finance Credit Card or for a review of a
suggested secured card the
(http://cardsuggest.com/index.php/orchard_bank_secured.html?call=default&id=15&cid=24)
Orchard Bank Credit Card visit us.
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New Unique Article!
Title: Continental Finance MasterCard - Bad Credit MasterCard
Author: Dan Moskel
Email: dan@chargeoff.net
Keywords: credit cards,credit,credit tips,credit repair,personal finance,finance,business and finance,money,business,consumer,debt,product review,e-commerce,education,how to
Word Count: 411
Category: Product Reviews
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1 comments
Its quite a useful blog. Thanks for sharing the information. I would also like to tell you currently I am using Continental Finance for my credit card services and actually i am very much satisfied with them. You can also look for the same if you are in need of any finances.
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