Posted by Batool Shamim on March 9, 2011 ·
Most people are often worried about getting new credit cards when they have a poor credit score. This is true because if you do not clear your previous dues, you are not extended any more credit. However, secured and unsecured credit companies might help you out. Unsecured companies do not take your credit score into account and offer a very low credit limit. Where secured companies ask for a deposit and extend a larger credit to you.
Posted by R. Mak on December 9, 2009 ·
In this era it is becoming more and more difficult to get by in our society without a credit card – or at least, a debit card bearing a credit card logo. Here in this article I have mentioned few things that you must consider before signing your name to a new credit card application…
Posted by R. Mak on June 13, 2009 ·
If you’re also facing the store credit card debt problem then, you should consider transferring the balance to a low interest rate credit card or better than that, a 0% APR credit card. Otherwise you are simply throwing away money to pay unnecessary finance charges and becoming a victim to credit card debt.
Posted by R. Mak on March 18, 2009 ·
In last post, I discussed the possible reasons of a denied credit card application. Today, I would like to reflect upon the next step. What to do after your credit card application is rejected. I think It should be a warning sign for your financial health. An early signal for your so you can start cleaning up your credit history.
Posted by R. Mak on March 16, 2009 ·
Almost all of us get literally hundreds of credit card applications in the mail and each and every one of them says that you have been pre-approved. It is natural for us to think that the application process is just a formal ritual and we are already approved to get a credit card. Stop right there. Read those lines again. You are thinking wrong. The offer says that your are pre-approved to Apply for Credit Card, not to actually receive one.
Posted by R. Mak on March 12, 2009 ·
It is strange that people with no credit history are considered equal to people with bad credit when credit card companies weigh credit risk. It is obviously not fair, but it is the way things work in the complicated world of consumer finance. Lenders are reluctant about opening accounts for people with no credit history because they simply have nothing to base your reliability on.
