Rebuild credit with Mynextpay!
At Mynextpay we know the impact that a low credit score can have on your overall interest rates. That’s why we want to help you restore your credit score by offering you an adapted solution.
Why choose us?
With Mynextpay you won’t have any unpleasant surprises! We don’t charge any upfront fees and there will be no hidden costs, we guarantee the transparency.
WHAT IS A SECURED CREDIT CARD?
A secure credit card works the same way as a debit card: you need to deposit money as collateral, which becomes the line of credit you have. For example, for a $500 deposit on a secured credit card, you have a credit card limit of 500$.
WHAT IS THE PURPOSE OF A SECURE CREDIT CARD?
You may be denied a regular credit card based on your credit history. With a secured credit card by depositing the maximum amount in advance you will have no problem getting one. It is therefore an effective solution for erasing bad credit history from your credit report. So, it can positively affecting your credit score.
RESTORING YOUR CREDIT SCORE IS ESSENTIAL
When you apply for a loan for a house or a car, for example, your credit score will determine which interest rate will apply.
With a good credit score, you will therefore be able to borrow money at a lower interest rate than if you had a poor credit score. A high credit score therefore saves you money on the interest on your loan. To improve your credit score, all you have to do is make your payments on time. This will make you eligible for better interest rates the next time you borrow.
Important information about APR
The Annual Percentage Rate or APR is a rate that is based on the term of the loan and the amount, but it does not correspond to interest rates. Low interest rates are granted with higher loans and longer repayment periods. To find out more about how APR works you can contact one of our experts.
DO YOU HAVE ANY QUESTIONS?
You can call us at 1-866-499-5629.
or send us an email with your questions at firstname.lastname@example.org.
You can also visit our FAQ page for more information.
Always be responsible with your finances and use the various cash advances to save money by avoiding overdraft and late fees.