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Is credit for the poor only?

Updated: 8/18/2019
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13y ago

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Not at all. In fact most "poor" have no credit at all which makes it very difficult to buy things such as a house or a car because they can't get a bank loan because of lack of credit.

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13y ago
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Q: Is credit for the poor only?
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Related questions

What is a poor credit rating?

a poor credit rating would be 0


Which websites carry information on credit cards for individuals who have poor credit?

You can find credit cards for those with poor credit at www.creditcards.com.


Where can you get a loan at with bad credit?

For people requiring loans when they have a poor credit rating then they may be able to get a poor credit loan from several companies advertising poor credit loans. Sites such as Tesco Bank and Norton Finance offer loans to people with poor credit.


Get a 4000 loan with poor credit but good income?

I have a good income but poor credit.


How can you get a credit card with poor or bad credit?

There are pre-paid cards and secured cards available for those with poor credit.


Why credit for the poor is not really for the poor?

credit for the poor is a myth. poor people shoud just learn to live with and love being poor. when you are poor you dont have to worry about what to do with all of your money


How can credit cards be obtained with poor credit?

To obtain a credit card with poor credit, you will need to apply to companies that target people with poor credit. Some of those companies are: Orchard Bank, Capital One and First Premier Bank.


Which companies provide credit cards for people with poor credit ratings?

Mastercard is a well-known company that offers a credit card to people with poor credit ratings. The objective is for those with poor credit to be able to strengthen their credit ratings if the card is used responsibly. Capital One and First Premier also offer credit cards to those with a poor credit rating.


How can one obtain a loan if they have poor credit?

The best way for one to obtain a loan if they have poor credit is to go to a sub prime lender. If the interest rates are too high, the only other option would be improve one's credit and apply at a later time.


What companies offer refinancing for consumers with poor credit?

Deloitte will help a consumer with a poor credit rating. The company will help the consumer with poor credit get a new start. Easy Financial will loan from $500 to $5,000 to a consumer with bad credit.


Where can I apply for a poor credit personal loans?

Many online services can offer personal loans even if you have poor credit. Many local loan services also offer poor credit loans.


Finding Auto Loans For Poor Credit?

Auto loans for poor credit are available, but finding them is a matter of dealing with a really professional loan broker who will explain the terms of the loan, and make it clear that the terms are not the same as those of traditional auto loans. Starting off by finding auto loans for poor credit online is worthwhile, only to get an idea of the available options. However, it is best to speak with a professional loan broker or with an auto dealer, and to be frank about your credit situation, in order to find auto loans for poor credit.