The right way to Make application for a Credit Card And no Credit report
Money which can be used to buy anything we would like, yet which we don’t hold, feel and count inside our hands. Money which could both save our lives and destroy it. Money is a necessity and our whole life revolves around it, from the comfort of figuring out way of earning it to how to spend it and our efforts to truly save it for a better future.
The modern idea of money doesn’t involve its physical presence, but instead comes up in the shape of a card, a magical card which could instantly make wishes come true. The Credit Card has revolutionised money, transcending physical boundaries and opening multiple new avenues. There are cases where the only item we truly need is our credit card and the chance of carrying money has changed drastically.
That are the people without any credit history?
Credit History is related to everyone who has used a bank card for just about any purchase. The folks without any credit history are mostly students and new immigrants in a country, who’ve never applied for loans. In case of card applications, an individual with bad credit history includes a better chance to getting a bank card than the usual person without the credit history. 신용카드 현금화 There are however avenues to obtain a bank card without any credit history.
Individuals who wish to use for bank cards without the history can decide from a number of the options below, which could significantly improve their chances to getting that elusive cards.
Student Card – Most major banks and financial institutions offer exclusive student cards targeted towards the student community. These cards don’t require an applicant to possess previous credit history and can be obtained if the patient meets certain criteria. Having employment may make it easier to obtain the card approved and banks prefer handy out this card to those people who have a way to obtain income.
Pre-qualification Test- Certain banks allow individuals without any credit history to have a pre-qualification test online. This test lets them know if they can get yourself a card approved and the reasons why the card was denied, if it is rejected. These details may help one prepare better the next time they apply for a card.
Store Credit Card – Certain nations have the idea of store bank cards, which are easier to obtain and do not need any credit history. These cards have low credit limit and high interest rates and generally have cards which are not Visa or MasterCard approved.
Prepaid Cards – Individuals without any credit history but with disposable income accessible can apply for prepaid cards. These cards are just like normal bank cards but the credit ceiling is limited to the prepaid amount. There is no concern with exceeding credit limits or late fees with your cards.
Co-signed cards – Banks offer co-signed cards for people with no credit history. These cards require someone with decent credit to co-sign for you personally, using their financial backing increasing your possibility of approval. Co-signed cards can be quite a smart move if you have somebody who trusts you and is prepared to to remain your behalf, though additionally they allow your financial transactions to be considered by the co-signee.
Secured Credit Card – Secured cards are similar to normalcy bank cards generally in most aspects, except the fact that one needs to create a security deposit in order to be qualified to receive a credit limit. Individuals without credit history can decide this card if they have suitable security deposits with them, that may essentially guarantee them the credit card.
Applying for bank cards without the history can be quite a tedious and long drawn affair but you’ve got to remember that applying with any and all banks is not really a smart thing to do. Rejection is a part of this method and you’ve got to be smart enough to choose the alternative cards mentioned previously in case there is rejection. Getting any of these cards approved is probable good enough to obtain an individual a credit history, making it easier in order for them to progress credit options in the future.
Money which can be used to buy anything we would like, yet which we don’t hold, feel and count inside our hands. Money which could both save our lives and destroy it. Money is a necessity and our whole life revolves around it, from the comfort of figuring out way of earning it to how…