| The Tribute MasterCard is often used to help rebuild a | | | | limit you will have a $70 limit. |
| low credit score. It is an unsecured card. It is issued by | | | | It will report monthly to all three bureaus and works |
| the First Bank of Delaware. | | | | just like the card with a $300 limit. You will be eligible |
| This bank has been in the sub prime lending business | | | | for limit increases. There are no finance charges and |
| for years. It can help to increase your score. This is | | | | no account set up fees for both. |
| because with on time monthly payments you will | | | | There is no application fee and you have free online |
| create a positive payment history on your report. | | | | account access. In addition there is no minimum income |
| Your payment history is factored heavily when your | | | | requirement and easy approval. You will be eligible for |
| score is calculated. It will also help your utilization ratio. | | | | limit increases up to a maximum of $2000. |
| This ratio is how much debt do you have compared to | | | | When you apply you will know if you have been |
| the credit you have that is not being used. | | | | approved within 30 seconds of submitting your |
| You will have an annual fee; this is common with these | | | | application. For you to get the most benefit you should |
| cards. Your APR will be 19.50% which is the industry | | | | keep your balance at 20% of your limit. This will help |
| standard. Your initial limit will be $300 and it will report | | | | because it shows that you do use your card and you |
| monthly to all three major bureaus. | | | | are using it responsibly. |
| However the First Bank of Delaware is unique | | | | In sum we do suggest the Tribute MasterCard to |
| because they are committed to approving the most | | | | anyone with a damaged credit history. You can use it |
| applicants possible. If you score is severely damaged | | | | to create a positive payment history and improve your |
| you can still be approved, however instead of a $300 | | | | ratio of available credit to debt. |