Home » Archive

Articles tagged with: Subprime Credit Card

Rebuilding Credit »

[13 Mar 2024 | No Comment | 4,334 views]
Bad Credit Subprime Credit Card Lenders

Credit card issuers are ramping up lending to consumers with poor credit but borrowers beware — the terms aren’t always going to be good. Lending to subprime consumers — typically those with a FICO credit score of below 660 — climbed 41% last year, with banks issuing 1.1 million new credit cards to riskier consumers, a four-year high, according to a recent report from credit reporting agency Equifax.

Rebuilding Credit »

[12 Jan 2024 | No Comment | 3,736 views]
Subprime Credit Card Issuer First Premier Bank APR is 79.9%

It’s no mistake, this credit card’s interest rate is 79.9 percent. The bloated annual percentage rate is how First Premier Bank, a subprime credit card issuer, is skirting new regulations intended to curb abusive practices in the industry. It’s a strategy other sub-prime card issuers could start adopting to get around the new rules.

Featured »

[12 Jun 2016 | No Comment | 7,421 views]
Orchard Bank is the Best Credit Card for Bad Credit

Send in one application to Orchard Bank, a subsidiary of HSBC, and you’ll be considered for four different cards. Based on your credit, you may be offered one of three unsecured credit cards or a secured card.