Credit Cards for Fair Credit - Direct Banc

Average Credit Credit Cards

• Overview: Average credit is for people that are current with their bills but may have had a few late payments in the past. The credit score can range from the low 600's to the Mid 600's.
• Average Interest Rates: 8.99% - 14.00% (Depending on card type)
• Credit Approval Limits : $500 - $5000 depending on your credit score. Longer credit history with higher balances and income to debt ration making the largest difference.
• Credit History - You should have had, or have, a loan or credit card in the past that you have had a reasonably good payment history with.
• Capacity – Your job/income source must be within reason of your stated income on the application. Your job time and length of residence will be a factor in our decision.
• Credit – You may have been late on one or more credit card(s), medical bills, or loan payments in the last 6 months.

Fair Credit Credit Cards

• Overview: Fair credit credit credit cards aren't too much different than those for average credit, the biggest difference being the credit limit you are approved for. Fair credit credit cards is for people that are current with their bills but may have had a few late payments in the past. The credit score can range from the high 500's to the low 600's.
• Average Interest Rates: 10.99% - 18.00% (Depending on card type)
• Credit Approval Limits : $500 - $2500 depending on your credit score. Longer credit history with higher balances and income to debt ration making the largest difference.
• Credit History - You should have had, or have, a loan or credit card in the past that you have had a reasonably good payment history with.
• Capacity – Your job/income source must be within reason of your stated income on the application. Your job time and length of residence will be a HUGE factor in the decision.
• Credit – You may have been late on one or more credit card(s), medical bills, or loan payments in the last month.