The Total Visa is an unsecured credit card. It has been designed specifically for those with a low credit score.
It reports monthly to all three major credit bureaus. By making your monthly payments on time it will help you build a positive payment history.
This is a large part of your score. Additionally another big piece is your utilization ratio.
This ratio is how the credit bureaus decide if you are in over your head financially. It compares your amount of debt to your amount of available credit.
It is estimated that these two factors alone determine 80% of your score. It can help if you can show available credit.
However it is still a priority to remove any negative marks from your report. This will help to show a positive payment history.
This card is issued by the Plains Commerce Bank a member of the FDIC. It has an initial credit limit of $250, and a 19.92% APR. There is an annual fee of $48.
The cash advance APR is 19.92%, in case of a financial emergency. You will be eligible for quarterly limit increases.
As of late, we have seen a rise in interest rates. This has been happening to customers that have never paid late, their rates have jumped to 20% and higher.
Congress has responded and made new laws to prevent this in the future. However these laws will not go into effect until 2010. Additionally we have seen lower limits and much more stringent approval requirements.
This card will give you free online account access and fraud protection. It is accepted everywhere you see the visa logo displayed.
If you use your card or a new credit line responsibly it can help your score. However if you use it irresponsibly and can also hurt your score.
This is why we think it is important for you to look at your budget and what you can comfortably afford to spend before you apply for any new credit. - 2364
It reports monthly to all three major credit bureaus. By making your monthly payments on time it will help you build a positive payment history.
This is a large part of your score. Additionally another big piece is your utilization ratio.
This ratio is how the credit bureaus decide if you are in over your head financially. It compares your amount of debt to your amount of available credit.
It is estimated that these two factors alone determine 80% of your score. It can help if you can show available credit.
However it is still a priority to remove any negative marks from your report. This will help to show a positive payment history.
This card is issued by the Plains Commerce Bank a member of the FDIC. It has an initial credit limit of $250, and a 19.92% APR. There is an annual fee of $48.
The cash advance APR is 19.92%, in case of a financial emergency. You will be eligible for quarterly limit increases.
As of late, we have seen a rise in interest rates. This has been happening to customers that have never paid late, their rates have jumped to 20% and higher.
Congress has responded and made new laws to prevent this in the future. However these laws will not go into effect until 2010. Additionally we have seen lower limits and much more stringent approval requirements.
This card will give you free online account access and fraud protection. It is accepted everywhere you see the visa logo displayed.
If you use your card or a new credit line responsibly it can help your score. However if you use it irresponsibly and can also hurt your score.
This is why we think it is important for you to look at your budget and what you can comfortably afford to spend before you apply for any new credit. - 2364
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For more about the Total Visa or for a free credit repair consultation visit us or call 1-800-253-3735, or for more about Credit Card Applications.
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