Unsecured Credit Cards

If you have bad or no credit you should be able to find companies who offer high-interest unsecured credit. These cards do not require a security deposit. However, in order to defray the possibility if default these cards have high annual interest rates and huge up-front fees. Some cards have low credit limits normally less than $300, very high APRs 27%-28%, very high up-front fees ($200-$500) and no grace periods.

The up-front fees are charged to the first month's bill. This charge could be equal to your entire line of credit. Unlike a secured card you will nor be refunded this money after proving yourself worthy of credit.

To check your unsecured card, go to Unsecured Credit Card page.