Search the web and you can find a lot of credit card offers for those who have poor credit scores. However, most of these cards come with high interest, high fees, and high deposits. Although Enterprises of sub-prime cards understandably charge higher rates and fees than standard cards, you should not settle with a charge card that will put you at greater risk of having bad credit. It is a relief to know that the New Credit card Law imposes a limitation on bad credit credit card fees. For instance, in advance fees cannot exceed more than 25% of the card holder's credit limit. Look out for credit cards for bad credit that do not need you to pay annual fees.
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