Hounslow Youth - Prepaid Credit Cards and Poor Credit Rating Credit Cards.

Poor Rating Credit Cards

Poor rating credit cards are the ideal midpoint between prepaid cards and regular credit cards. Poor rating credit cards are aimed at applicants who are struggling to access credit or who are seeking ways to build up their credit rating.

You may have considered prepaid cards for their "no credit checks" policy but if you need a bit extra than a prepaid is able to offer – in other words, access to a line of credit – then poor rating credit cards are worth a look. The key difference between a poor rating and regular credit card is that the poor rating card allows applicants with poor credit histories. Look out for "credit builder" facilities as these are a great advantage.

Company	Issuer	APR	Credit Limit	Rebuild Credit	Chip & Pin	Cash Back	Balance Transfer	New Purchase	More Info
Capital One Classic		34.9%	£2500+	Yes	Yes	No	Balance transfers are subject to prior approval.	Standard Purchase Period.
	Capital One's card for those who have a weak credit rating, credit problems or no credit history. Students and new migrants to the UK are also eligible. This card will help you rebuild your credit. A number of choices of modernist designs. Up to £2,500 in spending power, though depending on your credit rating you will probably start lower. As long as you keep up with repayments, your limit will be increased.
Vanquis Credit Card		39.9%	£1000	No	Yes	No	Balance transfers are subject to prior approval.	56 days interest free.
	The Vanquis Visa ACard is designed for people with no credit history in the UK or who have previously had bad debt or have bad credit rating.
E Platinum-Plus	N/A	0%	£5000	Yes	Yes	No	No	No
	The E Platinum-Plus is not a physical credit card per se - it is a virtual credit card for use at E-Credit plus shopping club only. This shop features most big name products and brands including Ipods, Wiis, TVs, appliances and even holidays. Most product types are offered. There is an initial fee of £79.95, but no APR% on credit accrued. The card is a way to shop online without paying for goods in one go - payments are made monthly and credit is offered to make purchases. £500 cash advance also avilable.
Provident Financial		272.2%	£300.00	No	Yes	No	Balance transfers are subject to prior approval.	56 days interest free.
	The Provident Visa Card is a debit card so you can't go over your limit. You can spend as much or as little of your loan as you want, when you want. Cards are available in values of £300. Don't worry if you have a poor credit history or have been turned down for credit before. Existing customers can also apply for up to £2500. Example loan - loan of £300, paid over 50 weeks. Weekly repayment of £10.50, total repayable £546. Repayment period either 23, 31 or 50 weeks. APR Rate: 272.2%