The Imagine Credit Card is an unsecured MasterCard. It comes with an initial credit limit of $300.
It is designed with individuals that have a damaged credit report and low score. It gives you a way to build positive credit because it reports monthly to all three major credit bureaus.
www.Imagine.com
Simply by paying your monthly bill on time you will be able to create a record of a positive payment history on your credit report.
The experts say that your 'payment history' accounts for up to 40% of your credit score when it is calculated.
It has easy approval requirements. There is no minimum income or employment verification.
This is a real credit card and will be accepted at millions of location world wide. It can also be used online and over the phone.
Benefits:
Reports to 3 Major Credit Bureaus
Easy Approval
Initial Credit Limit of $300
Periodic Credit Limit Increases
No Minimum Income Requirement
No Employment Verification
Worldwide Acceptance
Imagine Credit Card - Suggest?
Unfortunately the Imagine Gold MasterCard is no longer offered. It was withdrawn from the market when the first days of the housing market colapse.
Additionally the First Bank of Delaware the issuing bank has been sent a cease and desist letter by the FDIC demanding they reform their lending practices.
The Bank has withdrawn all the credit cards they offered and their is no news about them issuing cards again.
We have seen many bad credit card offers vanish from the market since the recession hit. However there are still some good ones available.
