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Bad credit credit card offers in the UK are getting better. Zero percent for life.
More and more people are suffering from bad credit rating either it was a change of circumstances, job loss or missed payments that caused their bad credit, they still have to find a way out of it.
By: Laura F Wolf Solvemybadcredit
The problem with unsecured credit cards and payments plans is that they are very hard to understand and see through, people are not aware how much the credit repayments can increase and how much bad credit debt they can accumulate in a short period of time. So when it comes to bad credit credit card offers simplicity is the key to win customers over.
What is a bad credit credit card?
It is a credit card that people with poor credit rating can get accepted for. It can either be a secured credit card or a pre-paid credit card. But the main thing about these offers is that they pay a flat fee initially, and they get the same protection an unsecured credit card offers.
These products can be used very well for consolidation purposes, sorting out financial issues and seeing clearly. Many customers are looking to budget better and repair their bad credit rating in 2011 and if used well these credit cards can really help people with just that.
The advantages of a bad credit credit card
There is no credit check and many UK companies are offering instant guaranteed acceptance. If the customer is making the payments on time, they are able to better their credit rating and build up their credit score.
Bad credit credit cards can also be turned into an unsecured credit card and the credit limit can be increased based on personal circumstances and payment profile. So it is a good way to plan long term and get a credit card in the future, even if the customer's current circumstances are not allowing them to take one on.
The best deals on UK bad credit credit cards
At the moment there are loads of offers on the market, however we think that the best one is Platinum Plus that offers guaranteed acceptance, up to £5000 credit line for a flat fee. Customers can also benefit from a forever zero percent interest rate and the credit line can also be increased after 6 months. Full review of this card is available on our website.
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I have seen many people struggle with bad credit in the UK recently. We have to find a solution for eliminating debt and starting a new, debt-free life. More on: http://www.solvemybadcredit.co.uk/