Total Visa Card
The Total Visa is an unsecured credit card. It has been designed specifically for those with a low credit score.
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 heavily weighted factor in your credit score. Additionally your utilization ratio is another large determining factor of your score.
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.
It is estimated that these two factors alone determine 80% of your score. It can help if you can show available credit.
Removing negative credit should still be a priority and that will help improve your payment history.
Your card will have an initial $250 limit and a 19.92% APR. It is issued by Plains Commerce Bank and has 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.
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.
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.
If you use your card or a new credit line responsibly it can help your score. However if you use it irresponsibly and can also hurt your score.
This is why we think it is important for you to look at your budget and what you can comfortably afford to spend before you apply for any new 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 heavily weighted factor in your credit score. Additionally your utilization ratio is another large determining factor of your score.
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.
It is estimated that these two factors alone determine 80% of your score. It can help if you can show available credit.
Removing negative credit should still be a priority and that will help improve your payment history.
Your card will have an initial $250 limit and a 19.92% APR. It is issued by Plains Commerce Bank and has 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.
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.
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.
If you use your card or a new credit line responsibly it can help your score. However if you use it irresponsibly and can also hurt your score.
This is why we think it is important for you to look at your budget and what you can comfortably afford to spend before you apply for any new 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 Easy Credit Cards.
posted by Debt Consolidation Loan at
1:06 PM
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