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am124

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best credit card for bad credit low interest rates?

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Get secured card.

With bad credit, a low interest rate is not likely to be available.  Low interest rates are available only to those with good credit because they are generally considered less of a risk.

But, the interest rate should not be your major concern because you will want to pay the total due on a credit card in full every month to avoid having to pay interest charges.  That is one of the best ways to improve your credit score.

The ideal for rebuilding credit is a secured card.  You have to deposit a few hundred dollars in the issuer's bank and that is your credit limit.  Use the card carefully and pay it off quickly, and soon the card may become a "regular card" with a higher credit limit.  Over time and with a good usage and payment history, you should qualify for higher credit limits and lower interest rates.  I'm not at the ideal interest rate yet, but things have certainly improved significantly over the past several years. 

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