Low interest credit cards, an in-depth review

Unsecured cards are essentially the same thing as regular credit cards. You are given a credit line based on your predicted ability to repay, and you pay monthly bills with added interest. Because people with poor credit are at a higher risk of defaulting on loans, unsecured credit cards designed for them tend to have higher interest rates. They also tend to have smaller lines of credit, and may come with extra fees. When picking out an unsecured credit card, find one with no monthly or weekly fees and a low annual fee or no annual fee.

07/29/09 9

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