SearchExclusive.com

How to build good credit with credit cards

Consumer behavior saw a change in the preferred payment method for the first time since 2016. Debit cards were the most used, but 2016 marked the year were American consumers preferred credit cards over debit cards. Credit cards are preferred over debit cards for the following reasons:

Safety because it’s the bank which pays the money if at all there’s an error or fraud occurs.
Credit card customers are offered plenty of rewards from the bank issuing them.
Helps in building credit rating and many more.
Banks try to sell them more since its profitable compared to debit cards.
Any American with a good credit score can avail a credit card with minimum hassle. Even if it’s the other way, there are credit cards that can help them build a decent credit history.

Finding the right credit card and using it responsibly is the key to building up the credit history. There are two types of credit cards.

Secured credit cards: Secured cards are those were the user deposits a cash deposit and availed the card. Secured credit card reduces the risk to the issuer as they have the deposit at their disposal in case the user fails to make the payment. Secured credit cards are hence the best for users with bad or limited credit history. Responsible usage of secured credit cards can help build up a good credit score thus qualifying the user for better credit cards.

Unsecured credit cards: Unsecured cards are the usual credit cards were the issuer trusts the user based on his credit history and expects him to make the payment. There is no security deposit when it comes to unsecured credit cards. However, the user needs to have some established credit to qualify for an unsecured credit card. Unsecured credit cards are a little hard to qualify, and users with bad credit could end up paying higher interests and additional fees.

Following are some of the best credit cards for bad credit:

Credit One Bank Unsecured Platinum Visa: Credit one bank offers one of the best credit cards for bad credit – it is one of the best-unsecured cards for building credit scores. Users can check whether they are pre-qualified without hurting their credit score. It’s an unsecured card, so no security deposit. With a minimal fee, provision for increasing the credit limit is one good feature. Not many cards offer 1% cash back on eligible purchases like gas, groceries, and services like internet, satellite TV. Since Credit One reports to all the three major bureaus every month, it’s a great card to keep the credit scores up to date. The card has an annual fee of $99, so may not be the best card for long-term. Credit utilization rate can be kept low by keeping an eye on balance before going for a big purchase.

Milestone Gold MasterCard: Milestone is one great credit card for users with severely damaged credit scores. Users who have had a history of bankruptcy can also avail this card with minimum hassle. Like Credit one, Milestone also has a lenient and fast pre-qualification process was the credit score doesn’t take a hit. Milestone cards are a good option to build a good credit score, but the user has to ensure full payment every month to avoid high-interest penalty. Thus, it can be thought of as one of the best credit cards for bad credit.

Indigo Platinum Master Card: Indigo platinum cards may not have fancy offers to attract customers, but it does offer a sensible option of building a decent credit score with minimum hassle. The issuer can give a blind eye to any previous history of bad credit or even bankruptcy. The card has a mobile-friendly online access. It is best to make the payments on time to avoid a 29.9% penalty APR.

Discover it Secured Card – No annual fee: Consider Discover it if the user is looking for a secured credit card with a refundable security deposit of $200 with no annual fee. They do offer cash back rewards making it a favorite among Americans. Purchases at restaurants and gas stations can earn up to 2% cash back making it very popular for daily usage, thereby making it one of the best credit cards even if you have bad credit. Discover provides a free FICO credit score on monthly statements.

SDFCU Savings Secured Visa Platinum Card: An EMV chip-enabled credit card enabling it to be used overseas in countries that are chip based. SDFCU doesn’t have an annual fee and reports to all the three credit bureaus. This card has the lowest APR which is a boon for users trying to build their credit score. The only drawback is it can’t be upgraded to unsecured forcing the user to cancel it to claim the deposit.

In most cases, an ideal credit card is the one with low fees and potential for rewards. It is up to the user to analyze the situation and avail a credit card that suits him the best. Making payments on time and staying within the credit limit can help build a decent credit score g

Related Reading

Tips for Buying the Best Dog Food

Most of the dogs do not have a food fuss and may eat almost anything that you feed them. Dogs are not choosy at all when it comes to food and nutrition. Hence, it is important to make sure that the food that you are purchasing for your dog is healthy. The landscape of dog food has been developing by leaps and bounds in recent times. There is a wide variety of options to choose from in the online and offline market. Given the wide range of options that are available today, buying the best dog food might seem to be a confusing task indeed. All the commercial pet food that is available in the market today is regulated by the FDA. Therefore, most of the products do contain nutritious, healthy, and safe ingredients. But it does help to know certain basic factors you should look for while buying food for your dog. Prioritize on the nutritional guarantee The best dog food, which meets the dog’s needs adequately has a statement written on the label of the product, from the Association of American Feed Control Officials. Buy from some of the best dog food brands, such as Fromm Family Foods, Earthborn Holistic, Nature’s Variety Instinct, and The Honest Kitchen.

Different Types of Kitchen Cabinets Available for Your Home

The most important aspect when designing your kitchen is deciding on the type of cabinets. In addition to functionality, kitchen cabinets score on aesthetics as well. Once the layout is planned, you can go ahead with choosing the cabinets. If you’re remodeling your home or just the kitchen, what you need to consider are the types of cabinets that furnish your kitchen. Here are a few types of kitchen cabinets that you can choose from. Base cabinets These kitchen cabinets are mounted on the floor and they are placed after checking out the floor plan. A major part of your job in the kitchen is on these base cabinets, which hold and support the countertops. These base cabinets are combined to carve out kitchen islands. A number of base cabinets are fused/set against one another and installed on site. The base cabinets, in addition to supporting the countertops, serve as drawers to hold your cutlery and appliances. Wall cabinets Mounted on the walls, these cabinets can store everything, right from your cookware to cookbooks. In terms of design, they offer utmost flexibility. Wall cabinet kitchen is available in varying heights, multiple widths, and custom depth options. This customization helps you to fit in your stuff of varying shapes and sizes into the wall cabinets.

How to Pick the Right Dog Food for a Sensitive Stomach

In today’s world, where you are presented with over a dozen choices for every item you would purchase for your own kitchen, it is not surprising that you have an equal number of options for your dog’s food. However, choosing the perfect brand and formula for your dog out of a range of options in the market is not an easy job. Your pet depends on you and trusts you to make the right choice for them. Therefore, it is imperative that you do your research about the products available in the market, understand what your dog needs, know what might be your pet’s problems, and then make a sound decision. What is a sensitive stomach? Dogs are known to have voracious and large appetites. Keeping that in mind, it is normal to assume that they have strong stomachs. They can eat close to anything be it sweets, bakes, chewy gum, hard leather or even woolen socks for that matter! It always so happens that the strongest of them are prone to allergies and can develop a disorder which is medically translated as a sensitive stomach. This might be due to a sudden change in the food habits or even due an infection picked up from somewhere.

All You Need to Know about Cat Food

For cat owners, cat food is a hot topic. You need to think about it in different aspects. The best thing is to know which ingredients are good for cat food and which are harmful. If you are aware of this, you can get an idea about the quality of the cat food just by going through the label. It is always sensible to stick to one brand of cat food. However, you may also want to try and prepare cat food yourself. There are also various options for wet cat food as well. Cat’s love for fish is universal, so you can do without going for expensive cat food. Nevertheless, whether you buy it or prepare cat food at home, you need to ensure that the food contains enough nutrition and calories. You would need to have some idea about the ingredients that must be present in cat food and make a worthy selection for your cat. Basic ingredients present in good cat foods Cats need a variety of nutrients to stay healthy and active; they need various vitamins, minerals, fats, proteins, and oils. The following is a brief explanation of the basic ingredients that should be present in cat foods.