As their very name suggests, adverse credit credit cards are an option available to those who have a bad credit history and, thus, credit rating.
Why you may want to apply
If you do happen to have a bad credit rating, then there is a strong likelihood that youll be successful when applying for one of these credit cards where you have been turned down when applying to the mainstream card issuers.
Moreover, if you do have a bad credit rating, then applying for adverse credit credit cards can help you to re-establish you credit rating quicker provided, of course, that you manage the card correctly and pay your bills on time!
How to apply
You can apply either Online or in the more traditional method of sending off an application form. Normally it will take a couple of days for the issuer to decide your creditworthiness. Having said that, provided your credit rating is not totally destroyed you should be successful in your application.
What will the credit limit be
Dont get too excited, although, like all mainstream cards, there is no set card limit, depending instead on your ability to repay the limit balance that may be...