The Fidelity One secured credit card is a new and innovative financial product that offers customers a better way to meet their cash needs without having to pay the staggering interest rates charged by most subprime bank cards, car title lenders, pawn brokers and check cashing institutions.
The Fidelity One secured credit card is a credit card secured by an asset owned by you, the consumer.
Secured Credit Cards To Rebuild Credit
Before the launch of the Fidelity One secured credit card, the only option for a consumer who needed a credit card but was unable to obtain one due to their credit score, credit history, or financial situation was to deposit money into a bank in order to receive a secured credit card. This works great if you have $3,000 to give to the bank in exchange for a secured credit card with a $2,500 credit limit, but it does not work very well for most people.
That is why we developed the Fidelity One credit card. With the Fidelity One secured credit card, you can now use the wholesale value of your car as collateral to receive a secured credit card. This new patent-pending product also allows you to receive a secured credit card and continue to drive your vehicle.
The benefits of this new product are considerable. They include:
1. The ability to have access to money without having to pay interest rates over 100% per year. The interest rate on a Fidelity One secured credit card is 29.9% APR for accounts in good standing.
2. The ability to rebuild your credit if a financial disaster has greatly affected your credit history (Card members have their payment histories reported to the main credit agencies).
3. The ability to pay interest only on the amount utilized. A traditional car title loan requires that you pay interest on the full amount loaned, not on the amount you use.
4. Since this is a credit card, you can pay the amount over an extended period of time. A car title loan requires that you set a repayment date so your monthly payments are normally much higher - almost twice that of a credit card.
The Fidelity One secured credit card is a revolutionary new product designed to help you meet your short term cash needs and positively improve your credit if it has been damaged. We can offer:
Apply Today to see why Fidelity One Credit Corporation is one of the nation's fastest growing lenders specializing in secured credit cards and revolving lines of credit from $500 to $5,000.
All credit is issued in strict accordance with State and Federal law.