Credit Cards For People With Bad Credit

April 19, 2013 - PRLog -- When people with bad or poor credit are shopping for a unsecured or secured credit card, it is wise for them to compare charges,  fees, annual interest rates, and benefits. At first glance, some credit cards look like a awesome deal but may lose their appeal once people read the conditions and  terms of use and calculate how the fees could affect their payment and available credit.

People with bad credit can learn which banks and financial institutions offer the best terms, highest initial credit line and annual interest rates on both secured and unsecured credit cards by visiting the website of "Bad Credit MD" at http://www.badcreditmd.com/unsecured-credit-cards/.

Banks and financial institutions that issue unsecured and/or secured credit cards are responsible for disclosing the important terms of use regardless of whether they require the consumer to complete an application.

It is important for people to review the interest rates, annual fees, and other terms and conditions at "Bad Credit MD" because many bad credit credit card issuers charge participation and/or high membership fees along with steep interest rates. Credit Card issuers use a variety of names for these fees, including “activation,” “annual,” “participation” “acceptance,” and “monthly maintenance.” These fees may appear periodically,  monthly, or as one-time charges and can range from $6 to $150. What’s important is they can have an immediate effect on the credit that’s available to the consumer. For example, a card with $150 in fees and a $250 credit limit leaves only $100 of available credit to the card holder.

Bad Credit MD, is a free On-line consumer information guide that helps people with credit problems in Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

Bad Credit MD has been in business helping consumers with bad credit since April of 2007 and is a subsidiary of Enticing Designs Publishing. The staff has various backgrounds in the financial and mortgage industry. This self-help site has over 500 pages of credit advice and articles. Its staff has researched its information with various governments around the world to provide the most comprehensive and accurate information free of charge.