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Why is it that people who are in enormous debt tend to get more credit card offers than the people that have no credit or low credit scores?
Keyzakim
Lending companies have calculated that if you have no credit or low scores, that means you are a risk and probably won't be able to pay them back. So they don't offer cards as much to these people. People with large debt (but who still pay more or less on time and therefore have decent credit) are paying huge amounts of interests to the lending companies already. If you are a credit card company, you hope to load these people up with debt and more debt so they will pay lots of interest to you. Of course there is the danger that the debt will become too much, and then you've got problems.
Wiki User
∙ 16y ago
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Where can one find credit card offers for people with bad credit?
Try on this web site: yazing .com / deals / creditrepair / plmiro (remove space)
What are some of the highest rating companies that offer loans for people with bad credit?
It may not always be easy to find a company which offers loans to people with bad credit scores. However, it is not impossible. Mortgage Credit Problems, E-Loan and Ameriquest Mortgage Co. offer loans to people with bad credit scores and have received good customer feedback.
What is an experian credit expert?
CreditExpert by Experian offers a Credit Manager, Credit Scores and Credit Reports. To have access to this information, you must have a membership to CreditExpert.
Does credit plus offer credit scores?
"Yes, Credit Plus offers credit scores, and more, to lenders, landlords, and employers. It gives business options on what information and how much infomation they need to determine the creditworthiness of potental clients."
What is the average credit score by age group?
The average credit score is charted showing the relationship between age and the average credit scores. Younger people have lower credit scores than older people.
Where can one find credit card offers for people with bad credit?
Try on this web site: yazing .com / deals / creditrepair / plmiro (remove space)
What are some of the highest rating companies that offer loans for people with bad credit?
It may not always be easy to find a company which offers loans to people with bad credit scores. However, it is not impossible. Mortgage Credit Problems, E-Loan and Ameriquest Mortgage Co. offer loans to people with bad credit scores and have received good customer feedback.
What is an experian credit expert?
CreditExpert by Experian offers a Credit Manager, Credit Scores and Credit Reports. To have access to this information, you must have a membership to CreditExpert.
Does credit plus offer credit scores?
"Yes, Credit Plus offers credit scores, and more, to lenders, landlords, and employers. It gives business options on what information and how much infomation they need to determine the creditworthiness of potental clients."
How can one obtain free 3 credit reports?
For those looking to obtain 3 free credit scores and credit reports they may be able to get it from the Free Score website. The site offers 3 free credit scores and credit reports from 3 credit bureaus.
Where can I go online to get free credit scores?
Equifax.com offers a free 30 day trial to get your free credit score and report.
What is the average credit score by age group?
The average credit score is charted showing the relationship between age and the average credit scores. Younger people have lower credit scores than older people.
How does one get their Equifax credit score?
Credit scores are obtained directly from Equifax's website. Equifax offers a three in one product for this, combining a credit report with a credit score and a FICO score.
What is vanquis most useful for?
Vanquis is a bank that has earned a reputation for providing credit cards to those with poor credit scores. In this way Vanquis helps people with bad credit improve their credit scores.
Where can one shop with bad credit cards?
When you have bad credit scores, it is difficult obtaining a credit card but when you do manage to get one, there are some stores that will still accept credit cards of people with bad credit scores, like Macy's.
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Capital One seems to give the best credit card for people with good credit scores. The next best would be discover.
What credit cards does Citicards offer on their login?
Citi, being a very large financial institution, offers many different credit cards for any possible lifestyle. Their credit card lineup includes basic cards, rewards cards, and special cards for people with exceptional credit scores.
