{"id":8332,"date":"2008-12-05T20:03:30","date_gmt":"2008-12-06T02:03:30","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/12\/05\/continental-finance-credit-card-review\/"},"modified":"2008-12-20T06:54:13","modified_gmt":"2008-12-20T14:54:13","slug":"continental-finance-credit-card-review","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=8332","title":{"rendered":"Continental Finance Credit Card – Review"},"content":{"rendered":"
by Dan Moskel<\/div>\n

The Continental Finance MasterCard is a sub prime unsecured credit<\/a> card. This means it is a card that was created for individuals with a bad credit rating.<\/p>\n

Your card will be issued with an initial credit limit of $300. However you will be able to received semi-annual credit limit increases, with a maximum limit of $2000.<\/p>\n

Your card will report monthly to all three major credit bureaus. Thus providing you a way to re-establish and rebuild your credit score.<\/p>\n

This card can help your credit score because by paying your monthly bill you will create a positive payment history. In addition by opening this account it will improve your ratio of credit to debt.<\/p>\n

These two factors carry a lot of weight when your credit score is being calculated. We do encourage you to remove any derogatory items on your credit report too.<\/p>\n

This card is unsecured which means that you do not have to put a deposit down. However you will have to pay an annual fee. This is typical with sub prime cards.<\/p>\n

This card does offer a low 9.75% APR. This is way below the industry standard of 19% APR. Your card is accepted world wide at millions<\/a> of locations.<\/p>\n

They do offer easy approval and there are no minimum income requirements. You can still be approved for this card even with a recent bankruptcy on your credit history. They offer an online application decision within seconds of submitting an application.<\/p>\n

The card is issued by The First Bank of Delaware. This bank has been a leader in sub prime lending for years.<\/p>\n

With this card you will have free online account access. You will be responsible to pay your monthly bill and keep your balance below your limit.<\/p>\n

The alternative is a secured credit card. However with this card it will take you longer to rebuild your score because this card is reported to the bureaus as a secured line of credit.<\/p>\n

Or you can get a shopping card. We do not suggest these cards because they come with monthly fees, a large deposit and often only report to one bureau.<\/p>\n

In sum we do suggest the Continental Finance Card to anyone looking for a second chance with credit. You can use this card to re-establish your credit score and build positive credit because it will improve your ratio of debit to available credit and can create a positive payment history.<\/p>\n

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About the Author:<\/div>\n
For more about the Continental Finance Credit Card<\/a> or for a review of a suggested secured card the Orchard Bank Credit Card<\/a> visit us.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Continental Finance MasterCard is a sub prime unsecured credit card. This means it is a card that was created for individuals with a bad credit rating.<\/p>\n","protected":false},"author":2307,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[77],"class_list":["post-8332","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/8332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/2307"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8332"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/8332\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}