Find out more on Debt Consolidation Credit Counseling In Phoenix Now!
Monday, January 12, 2009
The Centennial card is issued by The First Premier Bank a member of the FDIC. This is an unsecured card created for individuals looking for a second chance.
It has easy approval requirements, but does carry some fees. Including a one time $95 fee, an account set up fee of $29, and an annual fee of $48.
These charges are assessed to your available credit limit. When you receive your card you will have these charges shown on the balance.
It comes with an initial credit limit of $250, and an APR of 9.9%.
It is issued as a Visa or MasterCard your choice. If you apply online you will have an application response in less than 60 seconds.
If you make your monthly payment on time you can build a positive payment history on your report.
Your utilization ratio is also very influential on your score. This is how much debt you have versus unused credit. It will help your score if you keep a monthly balance of around 30% of your limit.
This means you want to keep your monthly balance around $75. After six months you will be eligible for a limit increase.
The First Premier Bank is in Sioux Falls, South Dakota. They are a member of the Better Business Bureau and have served over 3 million people.
It is accepted everywhere you see the Visa or MasterCard logo displayed. To qualify you must be over 18 years of age and have a valid social security number.
Recently we have seen a rise in interest rates even with prime lending. Some rates have jumped to an outrageous 30% without cause, meaning the customer did not pay late.
In sum we suggest you look into all your options for credit. It may make more sense to do some work on removing negative marks or apply for a secured or prepaid card instead.
It has easy approval requirements, but does carry some fees. Including a one time $95 fee, an account set up fee of $29, and an annual fee of $48.
These charges are assessed to your available credit limit. When you receive your card you will have these charges shown on the balance.
It comes with an initial credit limit of $250, and an APR of 9.9%.
It is issued as a Visa or MasterCard your choice. If you apply online you will have an application response in less than 60 seconds.
If you make your monthly payment on time you can build a positive payment history on your report.
Your utilization ratio is also very influential on your score. This is how much debt you have versus unused credit. It will help your score if you keep a monthly balance of around 30% of your limit.
This means you want to keep your monthly balance around $75. After six months you will be eligible for a limit increase.
The First Premier Bank is in Sioux Falls, South Dakota. They are a member of the Better Business Bureau and have served over 3 million people.
It is accepted everywhere you see the Visa or MasterCard logo displayed. To qualify you must be over 18 years of age and have a valid social security number.
Recently we have seen a rise in interest rates even with prime lending. Some rates have jumped to an outrageous 30% without cause, meaning the customer did not pay late.
In sum we suggest you look into all your options for credit. It may make more sense to do some work on removing negative marks or apply for a secured or prepaid card instead.
About the Author:
We suggest the Total Visa an unsecured bad credit card, we also suggest the Account Now Visa a prepaid card with the ability to borrow.
posted by Credit Counseling at
4:20 AM
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