Credit card
Latitude Platinum Mastercard®
Low-maintenance credit score restoration: the First Latitude Platinum Mastercard® Secured Credit Card
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One way to repair credit is with a secured credit card like the First Latitude Platinum Mastercard®
People with credit score concerns may find the First Latitude Platinum Mastercard® Secured Credit Card useful.
Need a credit limit but have a poor credit score? The First Latitude Platinum Mastercard® Secured Credit Card is one tool in the First Progress toolkit for doing so.
If you want to know how to get this secured credit card, read on!
- – Credit Rating
There is no lower credit score threshold. - – Cost Per Year
The initiation charge is $25, and subsequent annual dues are $35. - – Daily APR
Both purchases and cash advances are subject to a variable interest rate of 23.99%. - – First-Deposit Bonus.
- – Rewards
Paying with the card will earn you 1% cash back on all purchases.
What is the procedure for applying for a First Latitude Platinum Mastercard® Secured Credit Card?
It’s likely that the First Latitude Platinum Mastercard® Secured Credit Card might end up being a helpful tool for the parties who are concerned about the situation. The study that we carried out could provide you with further details on this topic.
If you have a low credit score but are in desperate need of a credit limit despite the fact that you can’t acquire one, what actions should you take?
In order to reach this objective, the First Progress toolset provides its customers with a number of different financial instruments, one of which is the First Latitude Platinum Mastercard® Secured Credit Card. This tool is included in the First Progress toolset that you have access to.
Continue reading this article if you are curious about how to apply for this secured credit card and would want more information on the application procedure.
Evaluations and Scores of One’s Credit
- -There is no bare minimum credit score that one must acquire in order to submit a loan application.
- -Taking into Account the Cost on an Annual Basis
In addition to the membership dues of $35 for the first year of membership, there is a one-time initiation fee of $25. This fee must be paid before the membership may be activated. - -Everyday APR (annual percentage rate)
The interest rate on purchases made with this credit card is a variable rate that is now set at 23.99%. This interest rate applies to cash advances as well as purchases made with the card.
What are the specific steps involved in submitting an application for a secured credit card with First Latitude Platinum Mastercard®?
Customers who have had credit card applications rejected in the past at other businesses may have better chance being approved for the First Latitude credit card, which can be applied for via the internet.
There are no possible sign-up bonuses, and there is a fee associated with each transaction that involves foreign currency. A check of the applicant’s credit history is not required prior to acceptance since there is no mandated necessity for one and no compelling reason to do one.
To determine how much available credit there is, deduct $25 from the refundable security deposit each year. This will provide you with the complete amount of credit that is available to you.
You should read our in-depth study to have a better grasp of the pros and drawbacks that are associated with the use of this secured credit card so that you can make an informed decision.
You should seriously consider making an application for the First Latitude Platinum Mastercard® if getting a secured credit card is something you’re interested in doing. It’s possible that you might benefit greatly from having this card.
It is vital to consider the advantages of having the First Latitude Platinum Mastercard® Secured Credit Card as well as the possible downsides of having the card before determining whether or not acquiring the card is the best choice for your credit. Consider the advantages of having the card as well as any potential disadvantages before making a decision.
The steps that need to be taken in order to fulfill the requirements for obtaining a First Latitude Platinum Card.
The annual charge for the First Latitude Platinum Mastercard® Secured Card is relatively inexpensive when compared to the expenses that are connected with the usage of other alternative payment options. Because we value your time and want to make it as easy as possible for you to apply, the steps for doing so are presented below for your consideration.
The application process can be completed quickly and easily online, the minimum deposit requirement is just one hundred dollars, and the credit limit can go as high as two thousand dollars. The advantages include not just these characteristics but also others of their kind.
There are no introductory advantages that come with the First Latitude Platinum Mastercard® Secured Card, and the card does not eliminate the fee that is associated with making purchases in foreign countries.
In addition to the relatively high interest rate, there is not a mobile app that can be used by customers. In addition, starting with this year, the annual price of $25 has been increased to $30, reflecting the fact that it was previously fixed at that amount.
You do not need to be concerned about your credit score or your previous experience with money in order to apply for a First Latitude Platinum Mastercard® Secured Card. If you are interested in doing so, you can do so without having to worry about any of these things. The credit limit will be established based on the first deposit amount, which is $100, and will serve as the foundation for the calculation.
First Latitude Platinum Mastercard®
Apply for the affordable First Latitude Platinum Card by reading our post!
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