Credit cards What they say
Those seeking credit cards for bad credit need not apply to American Express right now. With all the restrictive lending standards being adopted by credit card companies, where do consumers turn when they need credit cards for bad credit? The best way for people to establish credit and have a credit score is by having credit cards in good standing. You cannot have a credit file unless you have some credit. It is a tough dilemma for those struggling to establish credit or rebuild after some financial mistakes. That is not to say there are not plenty of credit cards for bad credit, but they come with a high cost in the form of high interest rates.