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Your credit rating is assessed by companies on your past history of paying back money you have borrowed.
People that have never borrowed money will not have a recognised rating. As far as companies are concerned this is considered a poor risk and you may be classed as having a 'bad' credit rating.
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Is paying off your credit card bad?
Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.
Build Credit with a Secured Credit Card?
It is possible to get a credit card with bad credit, even if you have previously been turned down. Choose a credit card company that allows you the option of securing your own credit card, meaning that you essentially put your own cash into a special account first. You then get your credit card and use your own money as credit. The more money that you can deposit, the more you can charge. This type of secured credit option allows you to build up your credit again, while allowing you the freedom and convenience of a credit card.
Is it difficult to obtain a low interest rate credit card with bad credit?
Credit card companies provide people with credit cards on the basis that they will earn money from the interest a customer repays. If you have a history of bad credit it is unlikely that you will be able to own a credit card with a low interest rate, as providing you with a credit card seen as a higher risk to the company providing it.
How do you make a paper credit card?
you have to get some paper cut it out into a rectangle shape write your name on it and write the amownt of cash you can lamanate it if you want you dont have to if you dont want and there you have it your own paper credit card
If you have bad credit and added as authorized user on credit card does the main card holder inheirit your bad credit even tho theres is excellent?
No, because they are not resposible for the debt on the card, their card is simply for the sake of convenience usually so the AU does not feel the need to use your own card. The only way a person's credit rating can be affected is if they are responsible for any kind of debt.
Is paying off your credit card bad?
Only if you OWN the credit card company. Credit card debt is a silent killer. Make the choice to carry ZERO credit card debt.
Bad Credit Doesn't Have to Hold You Back?
It can be rough not having good credit, especially when you need a credit card. You will almost always be turned down for a card when you have a poor history. So consider bad credit cards when you need a card and don't know where to turn. You can secure your card by using your own cash to borrow against. Most cards allow you to start by depositing a few hundred of your own dollars into your account, which you can then use as your own line of credit. You can use this type of credit card to rebuild credit while enjoying your own personal card.
Build Credit with a Secured Credit Card?
It is possible to get a credit card with bad credit, even if you have previously been turned down. Choose a credit card company that allows you the option of securing your own credit card, meaning that you essentially put your own cash into a special account first. You then get your credit card and use your own money as credit. The more money that you can deposit, the more you can charge. This type of secured credit option allows you to build up your credit again, while allowing you the freedom and convenience of a credit card.
Is it difficult to obtain a low interest rate credit card with bad credit?
Credit card companies provide people with credit cards on the basis that they will earn money from the interest a customer repays. If you have a history of bad credit it is unlikely that you will be able to own a credit card with a low interest rate, as providing you with a credit card seen as a higher risk to the company providing it.
How do you make a paper credit card?
you have to get some paper cut it out into a rectangle shape write your name on it and write the amownt of cash you can lamanate it if you want you dont have to if you dont want and there you have it your own paper credit card
If you have a warrant out for your arrest will they find out if you buy a bus ticket?
dont pay with your own credit card.
If you have bad credit and added as authorized user on credit card does the main card holder inheirit your bad credit even tho theres is excellent?
No, because they are not resposible for the debt on the card, their card is simply for the sake of convenience usually so the AU does not feel the need to use your own card. The only way a person's credit rating can be affected is if they are responsible for any kind of debt.
Can a kid get a credit card?
yes you can get a kid a credit card on there own account
How can one rent a car with no credit card?
If you would like to rent a car but do not own a credit card you may be able to pay on a debit card instead. Rental companies understand that not everyone has a credit card and that this does not mean they have bad credit. All companies are different so it is best to check with them if they take payment via a debit card.
Does wife credit card affect husband?
If a spouse has a credit card in their own name & the other spouse isn't listed on it, bad credit won't affect the second spouse. But, if you both apply for a loan or other credit - the credit bureau will check both parties credit reports.
How old do you have to be to have your own credit card?
you have to be 18 to sign a contract for a credit card in your name.
Father has credit card debt Mother and Father own the house No Mortgage Can credit card compaines come after house should he die?
You should name your country, In England, no, anywhere else, I dont know.
