If you're credit score has plummeted recently, you will find that it is extremely difficult, although definitely not impossible to get a credit card.

It can be done, just expect to pay colossal amounts in fees and monthly charges.

The thing with getting a credit card with a bad score is that the industry thrives upon these people, so desperate to get a line of credit that they will overlook the horrible terms and conditions of these credit cards that often times just make their financial situation a whole lot worse than it already is.

When you have a low credit score and are looking to get a credit card there are normally two options available to you – a subprime card and a secured card.

Although consumers are fooled everyday, best secured credit cards are definitely better than a subprime card – almost under any circumstance.

Subprime cards are never really a good idea, and they normally charge ridiculous amounts in fees and maintenance charges. But many people do not realize this.

A February 27, 2007 article by Gregory Taggart of Bankrate.com, "Nobody's ready for subprime time," discusses the drawbacks to taking out a subprime credit card and how taking out  best secured credit cards is the way to go.