We have already discussed the Pre-Paid sort of credit card so lets go on to talk about the store credit card that is also suitable as one of those credit cards for people with poor credit.
Store cards have the bonus that they can help to build a poor credit history into a much better credit rating future and they are not as difficult to attain as a “normal” credit card. However, there are limits to their uses.
you have to use the store card in the particular store (or store group) that it came from
the interest rates on these cards is not nearly as competetive as a “normal” credit card
their credit extended to you as the customer will very rarely go about $1000
So as you can see, they are good in themselves but are much better as an add-on type of credit card to one of the other types on offer.
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