A place about credit card applications
Many cardholders have found that their credit scores have taken a hit, as their debt to credit ratio has increased due to those lower credit limits. Others are simply struggling to make payments or defaulting on them, as they prioritize which bills get paid in the current economic pinch. As a result, there are more people who are now looking for credit cards for bad credit to help them through these times. In order to have a credit report and credit score, you need credit history from things like a credit card. And you cannot get more credit, unless you have some credit history.