Credit Scores

Pros and Cons of Credit Cards For Bad Credit

Pros and Cons of Credit Cards For Bad Credit

There are pros and cons of getting a credit card with bad credit. Most people only think about the high interest rates that come with it , but there are others.

 

One of the pros of having a credit card with bad credit is that you can rebuild your credit. You can also enjoy some rewards. And often times, they can be without an annual fee. On the other hand, there are cons. Some of the cons include lower 1% back as well as lower credit limit.



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