Credit cards to rebuild credit history are abundant. You may think that because you have had a bad past that there is no future but the opposite is true.

Credit cards to rebuild credit history has become big business. Unfortunately not all the companies are honest. Some are looking to take advantage of people who are already down on there luck.

Which are the good ones? We need to break them down into types. Then we can look at how they will help you rebuild credit history.

Credit cards for people with bad credit issued by catalog clubs. These are cards issued only to be used in a companies catalog and no where else. Although they do report to credit bureaus the products they sell are overpriced. This is an expensive way to rebuild credit history.

2. Credit cards that are really debit cards. These types of cards look like credit cards and some are issued by Amex or Visa and Mastercard. You load them with the amount you need then use them at any place that accepts credit cards. When the balance gets low you can reload them. There is usually a fee associated with them.

3.Secured credit cards- the best way to rebuild credit history. A secured card relies on you making a deposit in the credit card companies bank. This deposit is held as collateral. It only gets touched if you miss a payment. Since you are buying on credit they report to the credit bureaus. This is a good way to rebuild credit history. The starting credit limit is usually the amount of your deposit. As you establish a good track record they may raise your credit limit. Rates can vary so shop around.

You have a lot of companies to choose from so investigate completely. Don’t get scammed. You should pay the least amount possible to rebuild credit history.

Great information on other aspects of rebuilding your credit history can be found here Credit Repair Information. There is also an excellent free report here.