When you have damaged credit, those “easy-to-get” credit cards aren’t always easy to get. Even with credit cards for bad credit, issuers vet applicants carefully against several requirements, known as underwriting standards, to find customers who are less likely to default. In some cases, federal law also requires issuers to get certain information before extending credit to a borrower. If you want to qualify...
The article What You Need to Qualify for a Credit Card for Bad Credit originally appeared on NerdWallet.
No comments:
Post a Comment