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Credit cards for bad credit can come to your rescue if you see your finances going for a downward spiral. Ever since the economy got hit by the Coronavirus, people have become overly cautious with their money. In such a situation 3 of the most useful credit cards, namely, the Fit MasterCard, the Merrick Bank Secured Visa and the Reflex MasterCard credit card come to the rescue. They all have a few features that you are going to like and a few that you might disapprove of. Like we always say, credit cards come with a mix of pros and cons and you will have to pick the financial instrument that suits your purchase habits and lifestyle the best.
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Credit Cards For Bad Credit Reviews A Mixed Bag For The Most Part Credit cards for bad credit can come to your rescue if you see your finances going for a downward spiral. Ever since the economy got hit by the Coronavirus, people have become overly cautious with their money. In such a situation 3 of the most useful credit cards, namely, the Fit Merrick Bank Secured Visa and the Reflex MasterCard credit card come to the rescue. They all have a few features that you are going to like and a few that you might disapprove of. Like we always say, credit cards MasterCard, the come with a mix of pros and cons and you will have to pick the financial instrument that suits your purchase habits and lifestyle the best. Fit MasterCard Credit Card Reviews
•There is absolutely no credit limitation when you want to apply for this credit card •You can apply for it whether you have good credit or poor credit or no credit at all •It is going to report to all the three credit bureaus on a regular basis so that your credit activity is recorded by them without fail. •There is a low credit limit on this credit card which is $400 •Depending upon the credit score you have, it might get even lower than this •There are numerous fees and charges attached to the Fit MasterCard credit card •As compared to other alternatives in the market, this might not be for you if you are hesitant about paying extra fees Merrick Bank Secured Visa Reviews
•The most popular verdict regarding this credit card is that it is ideal to build a good credit provided your behavior with this financial instrument is "decent” •The initial line of credit goes up till $3,000 on this credit card •There is also a feature which allows for automatic credit line review •You also get free access to your FICO credit score every month •There is an annual fee of $36 on this financial instrument •The initial credit line will be limited to your deposit amount •There is also a 2% foreign transaction fee on this credit card •You should only choose this credit card if you know for sure whether or not you want to put down any amount as security deposit •Your initial deposits can range anywhere from $200 to $3,000 Reflex MasterCard Reviews
Again, just like any other credit card for bad credit, the Reflex MasterCard credit card is also a mixed bag •It is a full service credit card that can be used anywhere in the world where MasterCard is accepted •The approval requirements for this financial instrument are very low •It makes for the perfect credit card for people who have a less than perfect credit rating •There is also a free monthly credit score check that you can avail •The three major credit bureaus will get regular information about your credit card activity •The initial credit limit ranges from $300 to $750 with a potential to increase it after on the six months of usage Credit cards for bad credit no deposit or with deposit are always going to come with a fair amount of merits and demerits. It is up to you which financial instrument you want to go with.