Not exact matches
But
stick with it and it progresses to a higher
credit limit and, in a year or so, you qualify for a regular
credit card.
Unfortunately, once you've acquired a poor
credit score, it can tend to
stick with you lenders become increasingly unwilling to extend you
credit,
limiting your options and forcing you towards more expensive products.
Without it, or if the retail store you are shopping doesn't offer a co-branded
credit card option, you will be
stuck with a
credit card that impacts your
credit score but has a low
credit limit and can only be used at that retailer.
This idea of the
credit card safety net quickly evaporated during the recession, as
credit card companies embarked on a spree of rate increases and
credit limit cuts that left many people
stuck with expensive debt and barely enough
credit to buy a tank of gas, let alone cover a real emergency like a costly car repair.
Or you can choose to commit to using a balance transfer
credit card that offers 0 % APR for a
limited time — just make sure you pay off your balance before that intro rate period is up, or you'll be
stuck with some expensive
credit card debt at much higher rates!
Credit card travel insurance can fall short
Credit card coverage isn't perfect, though, and the dollar
limits sometimes leave the cardholder
stuck with part of the bill, says Damian Tysdal, founder of Travel Insurance Review, a travel insurance comparison and information site.
For those looking for a straightforward rewards
credit card, it can be frustrating to deal
with special rotating categories, or find themselves
stuck with limited rewards redemption options.
It's easy for many consumers to think they're
stuck with lower
credit limits because they have a
limited or tarnished
credit profile.
A branded
credit card can
limit you, though, since you are
stuck with one airline.