A major problem for those who have found themselves in dire straits in terms of credit card debt is that their damaged credit score has resulted in them being able to open up new lines of credit. A bad credit score can be damaging for years, particularly if measures aren’t taken to help repair that score.

However, a misconception that tends to go along with the fact that opening up lines of credit being particularly difficult is that no credit cards can be obtained. Now, this is not true, and certain types of credit cards can be found. Better yet, they can be used to help in the credit repair process so that you can get your life back on track with a better credit score.

The truth is that many major credit cards, such as rewards cards, are off-limits to those with damaged credit. However, the options available are useful and can be used successfully to help repair credit. For one, prepaid credit cards can be utilized by smart owners. Used like a debit card, you deposit a certain balance into the account and then you can spend that balance with your card.

True, this is not truly “credit” since you are in fact debiting from money you already have, however it can be a great way to help re-establish your credit score. Also, prepaid credit cards do not involve your credit score, meaning anyone can obtain one and use it.

There are also some companies that offer credit cards specifically targeted at those with low credit scores. These cards generally come with conditions, such as more frequent billing cycles, as well as very limited credit lines and high interest rates.

However, these can be good things, since the limited lines of credit will help to prevent the binge spending and the interest rates and good motivators to ensure that you are setting aside the money you need in order to pay off that card on time. In turn, by utilizing credit cards such as this, you can help to speed up the bad credit repair process.

So the answer is yes, you can obtain a credit card with bad credit. However, the options are limited. They are there nonetheless, and smart users will utilize these tools to help reestablish their credit and work their way up to more lucrative opportunities.