Unfortunately, certain companies in the credit industry have seen an opportunity to make a quick dollar on people in the sub-prime market. One of the largest recent offenders is the company who sends out preapproved www.horizongoldcard.com preapproved credit card invitations. These offers are for the Horizon Gold Credit Card. What the invitation doesn't tell you is that with one of these "invitations" you will have to pay ridiculous fees and may only use the card to shop from their merchandise. In essence, www.horizongoldcard.com offers are not for traditional credit cards, meaning Visa or MasterCards, and you may not use them anywhere except for online shopping on the issuer's website. The discouraging thing is that this offer gives people who have bad credit a flase sense of hope when they say that they are pre-approved for a credit line of $500.

What to do if you received a www.horizongoldcard.com invitation:

If you have received this offer, you should be aware that you have bad credit. Once you come to this realization, you should do something to improve your current situation. The first step is to apply for a bad credit credit card. The two leading issuers of these are First Premier and Orchard Bank. All applications for these offers feature instant online approval so you will be immediately notified if you are accepted. If you need a higher credit limit, you may want to apply for an offer from each bank. If you are accepted for these cards, and you make timely payments, your credit score will most likely improve and then you may be more likely to be accepted for an offer for good credit. Note: If you have received a www.horizongoldcard.com credit card invitation you will most likely not be accepted for a credit card for good credit.

Credit Cards For Bad Credit: