FREE guide on bad credits

Consumer Bad Credit Guide is a FREE resource which provides researched guide on bad credit.

This site includes information on bad credit in the United States, Canada, Australia, Ireland and the United Kingdom. And site has mentioned credit in each country, so people from these countries can look for the options according to their country rules.

Check the Site map link, where it shows 105 pages with posts related to credit.

In a post "Bad credit card" it suggests:

Obtaining a credit card with bad or no credit:

Your credit rating plays a important role when trying to obtain a unsecured credit card. Credit scores range from the lowest at 300 to the best of 850. Having a credit score over 700 will most likely approve you for the best credit card rates available. If your credit score is under 700 don't panic. Most banks only require a credit score of 620 to be approved for a prime mortgage rate. On the other hand, credit cards are more difficult to obtain than mortgages because they are unsecured. If your credit score (FICO) is under 700 you can still qualify for a credit card at a higher rate. The lower your score the higher your interest rate will be.

Unsecured credit cards for people with bad credit:

Even though your credit may be bad, there are still banks and financial institutions that will approve you for a credit card. Depending on your credit rating, the credit card company will determine your total line of credit and the interest rate you will pay.

Site provide very useful information, because without the knowledge of credit and all related terms, we cannot expect a debt free life.