Bad Credit Credit Cards >> In the Spotlight
BADCREDITOFFERS.COM ─- While recent turmoil in U.S. credit market
has compelled a number of lenders to tighten standards and
restrict credit lines on everything from credit cards to home
equity loans, the overall market for credit cards for those with
bad credit remains relatively unaffected.
According to our latest research, little has
changed in the number of credit card offers for people with bad
credit, nor in the quality of such offers.
Interest rates vary from 9.75% to 19.92%
as they have for most of 2008, and approval standards also
appear to be on par with those seen earlier in the year. Our
current
rankings show First PREMIER® Bank Gold MasterCard®
holding the top spot as it has for several months, with its
terms and rates unchanged in that time.
Though the subprime credit card market
remains strong, there are fewer home loan and auto loan options
for those with bad credit, our research indicates. This
trend reflects that of the broader global market, which has seen
consumer and institutional lending slow significantly throughout
the year.
The ongoing credit crunch may be limiting the
number of loan options for bad credit
applicants, but for the time being their credit card options
remain strong.
► See our current list of
credit
cards for bad credit.
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