Low APR Card for Bad Credit? | CreditShout

Low APR Card for Bad Credit?

By Kevin / August 5, 2010

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Editor’s Note: If you have average or poor credit, please check out our Guide to Best Cards for Poor or Limited Credit.

There are many reasons why people have bad credit. They may have lost their job and were unable to meet their financial obligations. They may have gotten sick and allocated all of their income toward medical bills. Or they may just not have understood how credit cards work.

People with bad credit should not despair – because they can get a credit card even if they have a low credit score.

The Orchard Bank Classic MasterCard markets itself to people with less-than-stellar credit ratings. In fact, it files reports to three credit reporting agencies on a monthly basis – so people who are trying to rebuild their credit scores can benefit from regular good credit reports.

The card also boasts some amenities that help people manage their credit better – including complete online access to their account information and email and text message reminders about upcoming payments and due dates. And cardmembers can always talk to a customer service agent by phone if they need answers to their questions.

The Orchard Bank Classic MasterCard sports an APR as low as 7.9% (for the secured version).

The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author's alone. Additionally, the opinions of the commenters are not necessarily the opinions of this site

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