Credit Cards For Less Than Perfect Credit

Credit card language is scary for the first-time cardholders like me.

Principal? Fixed Rate of Interest? Default rate? Oh my!

Yet these mysterious terms can be mastered and the average young person, like myself, can become a king or queen of credit! Or at the very least, new-to-credit consumers and college students need to be responsible users of credit.

At first, I didn’t see the difference between a debit card and credit card. I mean, it seemed that the same machine swipes either debit or credit in stores. B

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A few month ago, TechCrunch founder Michael Arrington ranted on TechCrunch about how his applications for an American Express credit card were repeatedly denied, despite his “good/excellent” credit rating of 748.

After the post was published and received hundreds of comments, Tweets, and a healthy helping of buzz, an American Express representative called Arrington and offered him a $15,000 credit limit on a brand new AmEx card. Here’s the full recap.

For the rest of us, no matter how much we rant, rave, and blog, we likely won’t be receiving a personal phone call from an issuer offering a credit card on a silver platter. But, wi

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**Today’s guest post is contributed by Dough Roller**.

Whenever you’re presented with credit card offers, whether through the mail or online, there is always a selling point from the issuer. Some cards reward points for every purchase that can later be redeemed for merchandise while others can hook consumers via travel rewards and free flights around the world. However, there’s always been, and will always be only one type of credit card that outperforms all others, and that’s the cash back credit card.

Mechanics Behind Rewards Cards

The mathematics on why cash back credit cards are a better value for consumers is easy to understand. You see

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