The Indigo credit card is designed to help people with bad credit build a better credit history, but it comes at a cost.

Drivers with bad credit can get a MasterCard with a $10,000 limit. Sound too good to be true? That’s because it comes with a catch, where you could lose your car if you miss a credit card payment.

If you have bad credit, you’re more likely to be accepted for one of these loans when standard personal loans are no longer an option. How do bad credit loan rates compare with other types of loan?

The Indigo Mastercard® is marketed as an accessible solution for people with bad ... credit card that requires a security deposit, the Indigo card doesn’t. But that doesn’t mean you won’t ...