Bad Credit Credit Card Online Information

Bad credit credit cards are available for those with a bad credit history. If you have ever been turned down for a credit card or loan without knowing why, it could be that you have faced financial difficulties in the past and now can only apply for a bad credit credit card. Your rating file holds the secrets of your credit rating and will usually contain your current address and all previous addresses, confirmation that you appear on the electoral roll and a record of all your past and present applications for loans and credit cards (and whether or not they were successful), information about arrears, defaults, county court judgements and bankruptcy.

However even with bad credit, its still possible to find a credit card for you, even if it means that you have to pay a slightly higher rate of interest. Many issuers and providers specialise in offering specific deals for these customers and will often set the initial limit at a rate which they know is reasonable for their circumstances.

Britain's two biggest reference agencies, Equifax and Experian, collect literally millions of records about us and our finances every month. They are sent information from financial institutions plus shops and commercial businesses which are licensed to offer consumer (such as mobile phone companies). The reference agencies collect and issue information to and from issuers and lenders and will help an issuer to make a decision about whether to issue, usually based on your previous financial history.

Of course, if you are one of the 40% who pay off their bill in full each month then make sure you are taking advantage of cashback.

Click here to view the full range of Bradford and Bingley's financial services. Just answer a few simple questions and we'll give you a tailored list of options from a selection of leading providers. Review each product in detail, then select and apply online when you've found the right one for you.