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When looking for low interest credit cards bad credit can be a bit of a detriment, but some effort, it is possible to find credit cards that meet your needs.
Credit Card Clearinghouses
The best source for finding low interest credit cards when you have poor credit is credit card clearinghouse websites. This is because they offer you the opportunity to find out about several different cards and look at the card details for comparison. In many cases, you can find companies that offer low interest rates and allow you to rebuild your credit.
Interest Rates
It is extremely important to understand the interest agreements when applying for a credit card that is intended to help people with poor credit. Often, companies that furnish these cards will increase the initial interest rate if the card holder is late on a payment or goes over the credit limit, which can prove detrimental for anyone who is trying to build positive credit.
Summary
If you have poor credit and are looking for a low interest rate credit card, try looking at online credit card clearinghouse websites for easy comparisons between different credit card offerings.
Low Interest Credit Cards: Essentials for Bad Credit
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