Choosing Credit Building Credit Cards

You were made redundant last year, but you’ve finally managed to find a new job. However, in the meantime, your credit has taken a real hit. Credit building credit cards can help to restore your credit rating and put you back on the road to financial health. However, not all credit building credit cards are alike. You must be mindful that the card that you obtain will truly help you regain your credit footing rather than represent yet another means to separate you from your hard earned money. Near Prime and Sub Prime Credit Cards If your credit is not overly damaged, you may qualify for near prime credit cards. Near prime credit cards are unsecured credit cards that carry interest rates that are not too far above the rates charged for prime credit cards. However, the credit limit will almost certainly be lower with a near prime credit card than it would be for a credit card designed for consumers with good or excellent credit.