Should The Government Guarantee Bad Credit Credit Cards?

The government should not provide guaranteed credit cards for bad credit by acting as a backer of a credit card for people with bad credit. The ability to obtain a credit card is a personal choice made by an applicant and is not a constitutional right. If the credit card holder is unable to pay their obligation, the government should not guarantee payment to the credit card company.

Where to Receive a Bad Credit Card

Individual applicants that are seeking credit cards with bad credit should attempt to apply with a company or credit card issuer that is in the business of issuing cards to bad credit applicants. These cards usually have a high interest rate and low credit limit, relative to the credit risk associated with the applicant. This properly places the burden of responsibility regarding the card and its use on the back of the cardholder where it belongs and not with the public.

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