FIVE EASY STEPS TO GET APPROVED FOR A CREDIT CARD - PowerPoint PPT Presentation

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FIVE EASY STEPS TO GET APPROVED FOR A CREDIT CARD

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This guideline is for people who are struggling to get approved for a credit card because of bad credit score. Follow these steps for your reference. – PowerPoint PPT presentation

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Title: FIVE EASY STEPS TO GET APPROVED FOR A CREDIT CARD


1
FIVE EASY STEPS TO GET APPROVED FOR A CREDIT CARD
  • BY BADCREDITRESOURCES.COM

2
Having a bad credit history is one of the reasons
why you cannot get approved for a credit line,
and it can only decrease your credit score for
every disapproved applications. And that is why
you should consider applying for subprime credit
cards as a startup
3
Here Are Some Easy Steps to Get Approved For a
Credit Card(Even if You Have a Bad Credit
History)
4
BAD CREDIT UNSECURED CREDIT CARD
  • There are card companies for people with a poor
    credit report with no down payment or initial
    deposit needed. You just simply need to know
    where to look.
  • And for the initial step is to identify your
    credit scores. Your personal credit rating is
    very important, especially if you intend to
    acquire a car, a residential or commercial
    property or you are trying to get hired.
  • However, before applying to any lending
    institutions, make sure to call the three credit
    bureaus beforehand. Look for errors. Call for a
    dispute before your application if you have found
    any errors in your credit history.
  • Once you are done making an improvement to your
    credit report, you may start searching for a bad
    credit bank card.

5
SECURED CREDIT CARDS
  • A secured credit card is a type of credit card
    wherein it is connected to a savings account
    which is also used as the basis of your line of
    credit. Since you are using your savings account
    as security, some secured credit cards offer a
    higher line of credit.
  • And this is the reason why many of our clients
    choose to avail secured credit cards while
    rebuilding their credit reports.

6
LOOK FOR A BAD CREDIT CARD
  • Look for card companies that give clients instant
    approval credit cards bad credit as well as those
    without any credit history. Along with those bank
    cards that you can have from those department
    stores.
  • And when you get approved by these card
    companies, make sure to use them well. This is
    simply just the beginning.
  • Make use of your cards frequently in buying
    things, afterward, always pay them promptly every
    month end.
  • By this approach in rebuilding your credit
    scores, you can obtain approval for a higher
    credit limit.

7
BEWARE OF CREDIT CARD TRAPS
  • Due to the fact that some lending institutions
    will not actually help you with your credit score
    at all, just do not trust them without providing
    credit building programs. Also, do not apply if
    they are not going to report to any of the credit
    bureaus. Prepaid cards are somehow just as same
    as having checking accounts, just in the form of
    credit cards. They are so good at making online
    purchases, through phone calls, or just anything
    just to prevent you from bringing money with you.
  • Never mind applying for a prepaid card when they
    do not actually provide credit score-building
    programs for you. Apply for a card that actually
    reports to one of the bureaus of credit. It has
    absolutely nothing to do with your credit report
    when they do not report to any of the credit
    bureaus.

8
APPLY WISELY
  • Ignore those card companies that only offer their
    products to those with excellent credit reports.
    There are reward credit cards that require at
    least a score of 680 and above.
  • Every single time your credit card is being
    pulled out from you, your score is getting lower.
    It will be nonsense for you to apply for a card
    that needs a higher credit rating, and if you get
    disapproved, it only means your score is also
    decreasing.
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