Bad Credit - Imagine Credit Card Is For You

Bad credit is no fun – but things just got a little better for you with the Imagine credit card from First Bank of Delaware. If you’ve been having problems related to credit card payments lately, you’ve probably been going crazy trying to balance your finances. Payment defaults can happen to anyone for various reasons, but the fact remains that they do happen. Sometimes this affects your credit score negatively, making it look as though you’ll be locked out from every financial assistance door you knock. The Imagine gold credit card, designed for most if not all people with bad credit, is an unsecured credit card. It reports to as many as three big credit bureaus. If you suffer bad credit and want to improve your credit score, and thought that you have no option but to go for a secured credit card or a prepaid credit card, then you’ve probably found your solution with Imagine credit cards.

Imagine Credit Card, Get It Online @ BadCredit.com

The bad credit credit card insists that you make arrangements for an automatic payment plan via your checking account. To be approved for this card, you will incur an initial set up fee. There’s an average interest rate on transactions you make with this card. If you go in for cash advances, the interest rates are pretty steep. Moreover, of course, the rates are high in case you carry over a monthly balance. If you choose to clear off your monthly payments in full, however, you can save those expensive monthly maintenance fees. Added to this you also enjoy a twenty-five day grace period to make your payment. Imagine credit cards charge a high interest rate on purchases. So if you think you can clear off your monthly balance in full, you may as well avoid the maintenance and high rates of interest on the monthly balance if you only make a partial payment.

Imagine Credit Cards – An Attractive Option

For those with bad credit scores, there’s no denying the fact that Imagine gold cards are very attractive. Set-up fees are low when you compare with other instant credit card. So if you are someone with bad credit but are now prepared to clear off your monthly payments in full along with the other fees, and also want an unsecured credit card, you might find the bad credit credit card advantageous. But you must also get detailed information on all the other fees you will incur to open and keep this account in force. These are annual fees, the monthly maintenance fee, and the set up fee. Nevertheless, this card certainly has lower costs when compared with other secured credit cards and prepaid credit card. Even though the interest rate is more than the average for transactions and quite high if you go in for cash advances, the gold credit card need not pose a problem if you intend to settle your monthly repayments in full instead of making partial payments. Then you can avoid maintenance fees as these are applicable only if you carry over a balance to the next month. This can be as much as $9.95 out of your pocket for each month that you carry over the balance – something you could well avoid. As far as cash advances go, you’d end up parting with something like 25.5% APR. To get the best out of your bad credit Imagine credit card, just resolve to make full monthly payments and enjoy the benefits it brings you – saving money and tension you can do without. You’ll thank yourself when you see how much you’ve saved over a period of time by sticking to your resolution.