Can you apply for a credit card with bad credit and no job?

Answer 1

Without meaning any disrespect, if I were in your position I would not do business with any company that offered me one. I am disparaging the company, not you. The idea behind credit cards is that they are a convenience, and not a source of income. A company says to you: "You can purchase goods with our card, on our word to the sellers that we will pay for the goods. We are willing to do this because you have or will have the money to cover the purchases by the time you are required to make a payment."

It would be a cynical and devious approach for a company to offer a person in your situation a card, because what they are really saying is: "You are going to build up debt that you cannot pay, we will continue to charge you outrageous interest rates, you will be indebted to us for years, and we will eventually make at least some money after having ruined your life further. We couldn't care less about your life or your needs; we are looking out for our own bottom line, and we are going to get rich with the help of card holders like you".

Credit card debt is one of the worst imaginable debts, especially for people who are in financial trouble to begin with. Credit card companies charge outrageous interest if balances are not paid in full monthly, and this seriously compounds the problem. They will arrange it so that you have what looks like a low and manageable minimum payment. Month after month your balance goes up with more purchases until you have maxed out the card, and then almost all of the minimum payment goes toward paying the outrageous interest they are charging.

In your situation, avoid credit cards at all costs.