The Total Visa was designed for individuals with a low credit score. It is an unsecured card.
It reports monthly to all three major credit bureaus. By making your monthly payments on time it will help you build a positive payment history.
This is a large part of your score. Additionally another big piece is your utilization ratio.
This ratio is how the credit bureaus decide if you are in over your head financially. It compares your amount of debt to your amount of available credit.
They estimate that your utilization ratio and payment history make up to 80% of your score. It will help if you have unused credit.
Removing negative credit should still be a priority and that will help improve your payment history.
This card is issued by the Plains Commerce Bank a member of the FDIC. It has an initial credit limit of $250, and a 19.92% APR. There is an annual fee of $48.
They offer a 19.92% cash advance APR which is actually lower than many prime credit cards, in case of a financial emergency. They do give quarterly credit limit increases.
With our current economic conditions there has been a wave of good credit cards raising their APR's to 20% and higher. They have been doing this without cause, meaning the customer did not pay late.
The government has responded and has passed laws to prevent this; however these laws do not take effect until 2010. Additionally many of these institutions are lowering limits across the board and tightening approval requirements.
This card will give you free online account access and fraud protection. It is accepted everywhere you see the visa logo displayed.
With responsible use a new credit line can help a damaged score. However with irresponsible use it can damage your score even more.
You should really look at your current expenses and income and decide if you really should take on a new line of credit.
It reports monthly to all three major credit bureaus. By making your monthly payments on time it will help you build a positive payment history.
This is a large part of your score. Additionally another big piece is your utilization ratio.
This ratio is how the credit bureaus decide if you are in over your head financially. It compares your amount of debt to your amount of available credit.
They estimate that your utilization ratio and payment history make up to 80% of your score. It will help if you have unused credit.
Removing negative credit should still be a priority and that will help improve your payment history.
This card is issued by the Plains Commerce Bank a member of the FDIC. It has an initial credit limit of $250, and a 19.92% APR. There is an annual fee of $48.
They offer a 19.92% cash advance APR which is actually lower than many prime credit cards, in case of a financial emergency. They do give quarterly credit limit increases.
With our current economic conditions there has been a wave of good credit cards raising their APR's to 20% and higher. They have been doing this without cause, meaning the customer did not pay late.
The government has responded and has passed laws to prevent this; however these laws do not take effect until 2010. Additionally many of these institutions are lowering limits across the board and tightening approval requirements.
This card will give you free online account access and fraud protection. It is accepted everywhere you see the visa logo displayed.
With responsible use a new credit line can help a damaged score. However with irresponsible use it can damage your score even more.
You should really look at your current expenses and income and decide if you really should take on a new line of credit.
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For more about the Total Visa or for a free credit repair consultation visit us or call 1-800-253-3735, or for more about Credit Card Applications.
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