Bad credit doesn't mean you can't have a credit card. This is where bad credit credit cards come in. They are especially designed for people with bad credit ratings, and usually have manageable credit limits. While repairing bad credit can be a lengthy process, by behaving in a certain way, these cards can help you to improve your credit history and, ultimately, your credit rating.
Don't apply for too many credit cards
It can be tempting to rebuild your bad credit by applying for a lot of credit cards and using them sensibly. However, every time you apply and are rejected for a credit card, it has a negative impact on your credit rating.
Use a credit agency like Equifax, Callcredit and Experian to get your credit report and check the information is correct.
Credit scores can be improved
By using credit cards regularly, always paying at least the minimum payment each month and staying within your credit limit, credit cards can work to create a better credit history, you will rebuild your credit score and turn bad credit into a more positive credit rating.
That's because, as your recent credit history impacts your credit file, your credit rating will gradually improve – providing you stay on top of your future credit repayments. By getting credit, staying within the limit and not missing any payments, you can build a good credit history.
Being turned down for a credit card may damage your credit rating. Check if you could be eligible for a Capital One credit card using our QuickCheck tool. This checks your eligibility across all of our cards without damaging your credit rating.