Credit Card Debit

  Credit Card Debit  - 3 important things to look out if you are having a bad credit history and want a debit card  - Jun 6, 2007  

Finding a credit card with bad credit history is not that easy. However, prepaid or debit cards can be acquired relatively easily. But as the credit card helps re-builds credit history, what are the things to look in a prepaid or debit card so that it suits best for a person with bad credit history? Here are 3 important points.

1. Should have guaranteed approval

There is no use of having a debit card that repeats the routine procedure of employment verification, credit checks, limited or restricted approvals. Get a debit card with minimum hassles, it is normally written on the debit card offers, whether it does credit verification and other procedures or not. If not explicitly mentioned simply avoid the debit card altogether and find another one that suits your needs.

2. Does it report to credit bureaus

You are taking a debit card because no other credit card company approved you, or if they approved the rates were so high that you couldn't afford it. But you still want to improve your credit history. This can only be done if the debit card you want reports to the major credit bureau, because that's the only way one can have his spending habits and debit card use benefit his credit history. If the debit card doesn't do it, it can be good for regular debit card uses but won't help you much in rebuilding our credit history. Be very particular about it.

3. No unreasonable fees

Your credit card bill was inflated because of numerous fees and penalties, if this thing continue with your debit card, it's time to think over it. Many debit card companies charge various fees like the Annual Fees , Monthly fees, Customer Service fees, Activation Fees, Fees per purchase, ATM Cash withdrawal fees and Inactivity fees etc. These fees increase the cost of debit card ownership. Excessive fees is what every bad credit person should avoid and if the prepaid card makes a big hole in your pocket with its fees, it's better to find another one.

Debit or prepaid cards are good instruments to promote financial discipline and keep a control over finances. Though easy to get they can be a great tool for bad credit people.

  Credit Card Debit  - Liberty Union Debit Card: Great budget management with credit builder features  - May 31, 2007  

Ever wanted a prepaid debit card which has the convenience of credit card and comes with simply excellent features? Liberty Union Debit Card is for you. Safe and great for travel expenses this debit card, works like a credit card but you can spend only the amount you load into your account. The result, great budgeting a habit which pays for the entire lifetime. Let us take a close look at what all this Liberty Union Debit Cards has in store for us.

Like all other prepaid cards in the market the Liberty Union Debit Card, does not do any credit checks or verifications for issuing the debit card. This means a debit card with no employment verifications, no security deposits, no credit checks and there are no turndowns.Of course, the Liberty Union Debit Card will be issued according to the terms and conditions of the debit card company but, almost everyone gets accepted.

The fees associated with Liberty Union Debit Card is pretty low and there is no need for check cashing locations. With every issued Liberty Union Debit Card the company provides impeccable toll-free phone support, online and offline access and you don't even require a credit check or bank account to get the Liberty Union Debit Card.

Purchasing the Liberty Union Debit Card is very easy and there are multiple options to place money on this prepaid Visa card. The Liberty Union Debit Card holder can withdraw funds or make purchases up to the balance on the card. There is no overdraft facility available. And this means that there are no late fees or interest charges to be paid to anyone. Now, that's real cool.

The conveniences that comes with Liberty Union Debit Card are simply great. It eliminates check writing hassles, there are no security deposits, with the Liberty Union Debit Card you can pay your bills over the phone, and it keeps your money safe. The Liberty Union Debit Card replaces all your money and eliminates the risk associated with carrying cash.

The Liberty Union Debit Card works wherever Visa is accepted. A very powerful debit card it allows online as well as offline shopping with great security. These great features make the Liberty Union Debit Card offer very attractive to own.

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