The Total Visa is a bad credit unsecured card. It was designed for individuals with blemishes on their credit report.
It will report to the major credit bureaus. You can start to build a positive payment history by making on time monthly payments.
This is a large part of your score. Additionally another big piece is your utilization ratio.
This compares the amount of debt you have versus unused credit. It is how the bureaus determine if you can afford a new credit line.
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.
There is a 19.92% APR for a cash advance, should you have a financial emergency. Also you will be eligible for a limit increase four times a year.
Recently good credit cards have been raising their interest rates even with customers that are paying on time. These rates have been jumping as high as 28%, without cause.
Congress has responded and made new laws to prevent this in the future. However these laws will not go into effect until 2010. Additionally we have seen lower limits and much more stringent approval requirements.
Your card will have fraud protection and free online account access. Your card is accepted everywhere Visa is.
With responsible use a new credit line can help a damaged score. However with irresponsible use it can damage your score even more.
For this reason we feel that it is important for you to examine your budget before you make any decisions to take on a new credit line. - 15224
It will report to the major credit bureaus. You can start to build a positive payment history by making on time monthly payments.
This is a large part of your score. Additionally another big piece is your utilization ratio.
This compares the amount of debt you have versus unused credit. It is how the bureaus determine if you can afford a new credit line.
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.
There is a 19.92% APR for a cash advance, should you have a financial emergency. Also you will be eligible for a limit increase four times a year.
Recently good credit cards have been raising their interest rates even with customers that are paying on time. These rates have been jumping as high as 28%, without cause.
Congress has responded and made new laws to prevent this in the future. However these laws will not go into effect until 2010. Additionally we have seen lower limits and much more stringent approval requirements.
Your card will have fraud protection and free online account access. Your card is accepted everywhere Visa is.
With responsible use a new credit line can help a damaged score. However with irresponsible use it can damage your score even more.
For this reason we feel that it is important for you to examine your budget before you make any decisions to take on a new credit line. - 15224
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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 Easy Credit Cards.
