In fact, you can even find cash back rewards on
a few subprime credit card options, such as our expert - rated cards below, that will help you save a little as you rebuild.
Not exact matches
But just as a
few chefs excel at using cuts of meat that others snub, some
credit card issuers specialize in providing
credit to
subprime applicants who need to build
credit.
«The consumer
credit markets have been functioning extremely well the last
few years, but an increase in
subprime lending has begun to impact delinquency levels for some industries, specifically the auto finance and
credit card markets,» said TransUnion's Nidhi Verma in a news release.
Subprime rewards
cards rise
Subprime consumers with scores below 660 had
fewer rewards
cards, but rewards still accounted for 58 percent of new
cards handed out to those with less - than - perfect
credit in the quarter.