Granite Credit Card Review
Getting a credit card with poor credit is no easy task. Credit card debt is easily wiped away in bankruptcy. Furthermore, because most credit cards are unsecured, banks and card issuers have little recourse to collect the unpaid balance other than reporting negative information to the credit bureaus. People with poor credit aren’t as likely to see that as a motivation to pay up. Be sure to monitor your credit score on an ongoing basis so you know if it is getting better or worse. Residents of the U.S. can use online credit score reporting services like Credit Karma to monitor credit scores free. Check out the CreditKarma review here on Finance Gourmet for more details. Granite Card Review The granite Credit Card is available to residents of the UK who are not legally restricted from obtaining credit. The card is issued by Vanquis Bank, which bills itself as a financial institution that can help with credit repair. It is a Visa card which ensures wide acceptance at most retailers that take credit cards. As you might expect from a credit card for people with low credit scores, the Granite Card is not cheap. The variable interest rate is currently …