Article: How To Get A Great Credit Card With Bad Credit
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How To Get A Great Credit Card With Bad Credit
Credit Cards For Consumers with Poor Credit Ratings
Ever wondered how and why you can go online and be approved for credit within seconds? Or receive a pre-qualified loan or credit card without anyone asking how much money you make? Or why one interest rate is made available to your neighbor and another to you?
The answer is credit scoring, a term more and more Americans are learning about, but still often misunderstand. Your credit score is a number generated by a mathematical formula based on information in your credit report. This information is compared to information on tens of millions of other people and the resultant number is a highly accurate prediction of how likely you are to pay your bills.
Credit scores are used all the time, and i...
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