Credit Cards For Bad Credit | Amazon Credit Builder

0

https://www.youtube.com/embed/aPt6HYZx9Dk Lets go conserve some cash this week Amazon credit contractor, hi men my name is Paul with Sunset Realty and if this is your very first time here please subscribe and hit that Bell notification so you dont miss any of our next videos lets go. Amazon credit home builder is yet another protected charge card for those of you whos attempting to reconstruct or develop your credit from scratch and it works much like any other protected card you put down a deposit, and that deposit becomes your credit line in according to Amazon they will evaluate your account after the first seven consecutive payment for an upgrade to an unsecured credit card.And after your account is examined and are approved to an unsecured charge card your deposit get reimbursed to you now is Amazon credit home builder ideal no none are, just member people secured charge card are for those of you whos attempting to rebuild or build credit from scratch secured charge card are indicated to be short-term get in, get out. Because you are eligible to get 5 percent money back through Amazon Prime, youre attempting to get from point A to point B.We are giving Amazon credit builder a thumbs up. This is the only safe card that I understand of up until now providing money back or rewards. maybe you men can let us know in the comment listed below if you understand any other safe credit cards doing this today. we have a whole playlist on credit and here is why, one well we wants to save you cash, the first step of saving any money is keeping more what you have and not having any credit will make it harder and harder for you everyday.You need credit to get a great task to get insurance, to lease a residential or commercial property, to buy a property, to purchase a vehicle anything that you do now you require credit not having any credit or no credit at all will injure you just so you men know were not just sitting here and blowing smoke we actually practice what we preach. momentary lost of few points there because I had to get this I needed to get this. this card paid me $500 simply to be in my wallet and give me cash back on anything practically I invested on it.When we come here and informing you guys this things were really speaking from experience and we really do precisely what we are informing you so let me show you an example how enhancing your credit can save you a great deal of cash lets go buy a car together, for the sake of argument we are financing a flat twenty 5 thousand dollars over five years after taxes transfers dealership charge we have three various credit ratings 5 hundred credit score or six fifty and a 7 eighty five hundred credit history twenty 9 point nine 5 percent just finance charge 650 7% in seven eighty one point eight nine percent lets appearance at the regular monthly payment with a one point eight nine percent your regular monthly payment is up 4 hundred and thirty six dollars and ninety 9 cents it was 650 credit report at 7 percent your regular monthly payment is up 4 hundred ninety five dollars and 3 cents and inspect this out with a 500 credit rating with a twenty 9 point 9 five percent you got eighteen hundred 8 dollars and seven cents alright so lets take a look at the saving, with 780 credit history youre in fact conserving 3 hundred and seventy one dollars 3 hundred delights in over 2 hundred and seventy dollars a month versus if you had a 500 credit rating and with examine 650 credit ratings your savings about three hundred thirteen dollars so that the cost of this car over five years with a 780 credit history this cars and truck is costing you just over twelve hundred dollars one hundred one thousand two hundred and nineteen dollars and 52 cents that the cost of financing the very same twenty 5 thousand at a 7 percent rates of interest its four thousand seven hundred and one dollars and the total expenses for the same twenty 5 thousand with a 500 credit rating at a twenty 9 point 9 5 percent rates of interest is twenty three thousand 4 hundred and eighty four dollars with a 500 credit report the cost of the cars and truck nearly double so at the end with a 500 credit history your total expense is forty eight thousand 4 hundred eighty 4 dollars I want to challenge you right now if you financing you understand these high expense loans make it one of your mission me make it among your objective were in July so this is bit over half of the year take the rest of the year and deal with your credit comes 2020 in the next six month re-finance that sucker and keep more of your money in your pocket this is my obstacle for you for the remainder of the year.You will marvel the number of doors will be open for you simply dealing with your credit you will not have to be at the mercy of any lenders instead you line everyone up and ask them what do you need to use me. And if they do not have anything helpful to you next and till you find a lender that will provide you what youre looking for. Youre on the chauffeur side when the driver side child so yes this is why we talk about credit to assist you keep more of your own money in your pocket, and number 2 please offer us a thumbs up and once again people my name is Paul, with Sunset Realty please subscribe so you do not miss any of our next videos Peace! Read More: How to Build Credit with BAD Credit or NO Credit

Video Transcript:

License: Creative Commons