Public Savings Bank Classic Visa Card
For individuals with no credit or anyone who has experienced a negative credit event like divorce or foreclosure, establishing credit history could be a real challenge. Without proper credit, everything from a car loan to an apartment or even a job can be denied.
When faced with problem credit, many people rely on prepaid cards to manage their daily expenses. However, prepaid cards simply provide access to your own money, not credit from a lender. These cards do not report to credit bureaus and don’t help re-establish credit history. People need to demonstrate on-time monthly payments on a credit card in order to rebuild that important credit history.
So how can someone who cannot get credit cards rebuild their credit?
The Public Savings Bank Classic Visa Card offers people with low credit or no credit the opportunity to re-establish their credit history and work towards improving their credit score. Individuals make a deposit into an FDIC-insured account that acts as a security deposit. They can then make purchases anywhere Visa is accepted or take cash advances up to the deposited credit line amount, currently between $300-$2000. Payments are reported to all three major credit bureaus (TransUnion, Experian and Equifax) so customers can begin to establish credit immediately.
No Credit Check No Checking Account Required
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The Public Savings Bank Classic Visa Card doesn’t need a credit check or even a checking account to apply. Customers can fund their account via Western Union, ACH, wire transfer, check or money order. The card has no annual or monthly fees, and offers 0% APR for 6 months. Rush shipping is available so customers can begin using their card just days after funding their account.
Building good credit is critical at any given time when credit is getting harder to obtain. This card allows the customer to build good credit while enjoying all the benefits of a Visa card at very favorable terms.
Prospective cardholders can apply at Public Savings Bank Classic Visa Card and be approved within a couple of hours.
