Credit builder cards have always been a great idea. But now they’ve become even better with new launches from Luma and Aqua.

Life can be tough if you have a poor credit score. The banks are nervous about you because you’ve either failed to pay bills in the past or you’ve never borrowed at all.

As a result, you can’t get cheap loans and any application for a market-leading credit card is doomed to failure. This can be very frustrating if you’ve never borrowed before – why should you be punished just because you’ve never taken out a loan or a credit card?

And if your problem is poor financial management in the past, the situation is even more frustrating. After all, a 0% credit card would be a fantastic tool to help you get your finances back on track.

Sadly though, feeling frustrated isn’t going to change anything. If you have a poor credit score, the best you can get is a credit builder credit card – also known as a card for bad credit.

Credit Cards