New Credit Cards Available Even With 520 Score
Types of Credit Cards Available
For those with a credit score around 520, secured credit cards are often the most accessible option. These cards require a cash deposit that acts as your credit limit, minimizing the risk for the lender. As you use the card responsibly, your credit score can improve, eventually qualifying you for unsecured credit cards.
Another option is unsecured credit cards specifically designed for individuals with poor credit. These cards typically come with higher interest rates and fees, but they don't require a security deposit. It's crucial to compare terms and conditions by visiting websites of various providers to ensure you're getting the best deal possible.