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Having a bad credit record can surely become a hindrance in establishing your business. Most likely, you will have difficulty in trying to persuade lenders to give you a credit account, which can be very significant for your company. Without a credit account for back up, you are placing your company at a very huge threat of running out of financial resources and even a possible pause in its operations.

But because your credit score may not be very constructive to your reputation, you may have very limited options –either you get an unsecured bad debt credit card or a secured credit card. In this article, let us know the difference between these two credit cards and how they can help your business, especially if you have bad credit.

The Difference Between a Secured and an Unsecured Credit Card

A secured credit card would basically require you to have a security deposit in the bank before you can use it. This amount of deposited money will be your guarantee of payment to your lender. Most secured credit cards though, hold credit limits amounting to a percentage of the balance that you have in your account so if your business may need to make large purchases that your balance cannot afford, then this may slow things down.

On the other hand, an unsecured credit card allows you to make purchases even without the collateral. But such a lose set-up may also charge high rates of interest and may have stricter penalty agreements for late payments as compared to that of a secured account. Despite this, a lot of people still prefer this type of account, as it seems to offer more flexibility and freedom to its users.

However, in cases mentioned above wherein you have a huge debt or a bad credit record, the chances are that signing up for an unsecured account might be too risky. After all, if you are not well disciplined in using your credit card, you might just end up adding more and more to your already escalating debt.

How Do I Choose Which Is Best For My Business?

Because of the fact that both types of credit cards have good and bad characteristics, the key to choosing which would be best in your situation is to consider the potential of your company to make the right payments as well as its needs. Bear in mind that you have already started off with an unfavorable credit score. So be sure that if you sign up for an unsecured credit card account, your business is making enough profit to put up timely payments to the lenders. Otherwise, the high interest rates will just further sink your business into bad debt.

Also, unsecured credit cards are only best used if the type of business that you have is really in need of a more flexible system of borrowing finances, such as that of manufacturing companies that need to purchase large quantities of materials in order to have production.

In such cases, unsecured credits are reasonable for use. But still, if you are just running a small business and fearful of possibly worsening your already damaged credit score, then opting for a secured credit account will be a much safer bet. With this, you can forego with possibly drowning yourself in escalating rates of interest that your company might not be able to cope up.

If you have bad credit, the choice for which credit card would be best for you will basically depend on your business. If your business has high demands for large purchases and if you as the business owner can make sure that you can most probably make your payments on time, then there is nothing wrong with getting an unsecured account.

But if your company does not always need to make huge purchases anyway and you want to be sure in improving your credit score by avoiding late payments and huge debts, a secured business credit card is highly advisable.

No matter which you choose, always remember that you can only improve your bad credit and pave way to the growth of your business if you handle your finances and credits well.

Whether you watch television, read magazines, or use the internet, there is a good chance that you have seen advertisements for air purifiers that do not require the use of replacement air filters. These advertisements often claim that you can save a considerable amount of money overtime with the purchase of a filter-free high end air purifier. Although this is true in many cases, many consumers are left wondering if air purifiers that do not need replacements are really a good deal.

When it comes to determining if filter-free air purifiers are really a good deal, there are a number of important points that you will want to take into consideration. These points, a few of which are touched on below, can help you decide what type of high end air purifier you should purchase for your home.

One point that you will want to take into consideration is your use. Are you looking to temporarily clean the air, like if you have family staying at your home for about a week or two? If one of those family members is a smoker or if a family pet will be coming too, you may not need to invest in a high end filter-free air purifier. This is because filter-free air purifiers do work, but they are costly. With that being said, their costs do pay off overtime. This is because you do not have to purchase potentially costly replacement filters. However, if you do not plan on using a filter-free air purifier on a daily basis, the extra costs may not be worth it to you.

When looking to purchase a high end filter-free air purifier, how much you are willing to spend upfront should also be taken into consideration. As previously stated, air purifiers that do not need replacement filters, especially those that are considered high end systems, do cost more money. Depending on the brand and where you make your purchase from, you could easily spend thousands of dollars on a high end filter-free air purifier. As previously stated, can see a return on your investment in a few years, but it is important that you first have the money to spend. If not, you should still examine high end air purifiers, as they are known for their strength, durability, better and long lasting results, but those with filters tend to be more affordable.

Another important point to take into consideration when looking to buy a high end filter-free air purifier for the home is quality. Since filter-free air purifiers make the most out of new technology and they are known for their results, many assume that they are all considered high end products. This isn’t necessarily true anymore due to knockoffs. Many companies have seen how well filter-free air purifiers have sold, so they try to make their own. Unfortunately, many do not use quality materials or the same technology. That is why you will want to make sure that you purchase a true high end filter-free air purifier. One great way to do this is by using the internet to your advantage.

When looking to research high end filter-free air purifiers, you will want to perform a standard internet search. If you already have a make and model in mind, perform your standard internet search with that information. If not, you should use search phrases like “air purifiers with no filters,” “high end filter-free purifiers,” or “best filter less air purifiers.” The results that you will find may be links to websites were air purifiers are being reviewed or sold. Wherever your internet search takes you to, be sure to read reviews online and examine ratings. This will help to ensure that you spend your money wisely.

Finally, the space that you need to clean should be examined. Are you looking to clean the air in one or two rooms or your whole house? It is also important to examine the CADR. This is the Clean Air Delivery Rate. This is the rate in which an air purifier can clean the air inside your home. It is best if you choose a high end air purifier with a higher CADR.