How to Rebuild Your Credit History with Gas Station and Departmental Store Credit Cards?
People who have a spotty credit history may find it difficult to get approved for a credit card. This process is really difficult, but not impossible.
There are different types of catalogues for bad credit which are designed according to those people who have bad credit history and trying different ways to repair it. If you fall in this category, you can use different schemes to get a catalogues no credit checkis required for this, this will work when nothing is working for you. How will you find that which options are working and how to take the advantage of them? Let us take a look at few things in the same regard.
Catalogue Clubs are designed Especially for Bad Credit People
Some credit cards offer people to rebuild their credit history by purchasing from their catalogues for bad credit. When you do so remember that products in these catalogues are overpriced and you are unable to use the same credit card other than this place. After you purchase them and repay them they will make reports based on this credit card history. They will make these reports available to different credit card companies showcasing your payment history and balance. This indeed is beneficial to repair your bad credit history, but at the same time it is somewhat expensive also because you can purchase the same goods at lesser rates.
Prepaid Credit Cards
Technically these credit cards are not actual credit cards even if they bear the MasterCard logo or a Visa logo. They have named it credit card, but there are work like debit card without a bank account. The purchaser of this credit card can deposit the maximum sum of $ 5000 where as they can start it with a minimum amount of $ 20 only. So when you make a purchase naturally the amount you spend on purchasing the goods is detected from your main balance. It is like paying the company in advance and when your balance becomes zero, you cannot use the same card until you recharge it again. You can reload the card anytime you wish, but the maximum amount you can reload at any time is mentioned.
Using Departmental Store Credit Cards
If you are striving hard to rebuild your credit reputation, you can start with gas station and departmental store credit cards to help you. Now the question arises why? The answer is simple because you will get these catalogues no credit checkis required for them. These credit cards are easy to get rather than getting the regular bank credit cards. You will get these credit cards even if you have a bad credit history.
People think that using gas station credit cards is only for purchasing gas, but when you are travelling you can avail other benefits also like gas stations also provide car maintenance services and while travelling you can use the card to fix your car and you can also eat at gas station eating joints. You can buy different packaged items and carry along with you for later use. You will also get discounts on hotels and car insurance is also available with your gas station credit card.
