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They can't ! A credit card is issued in recognition that the card-holder is able to repay any balance owing. If a person has no regular income - they are extremely unlikely to be granted a credit card !

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9y ago

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The amount of credit-card debt a person has?

The amount of credit card debt a person has may hurt them from receiving credit when they apply for loans. It is called debt to income ratio.


Why do credit card companies ask for income information?

Credit card companies ask for income information to assess a person's ability to repay the credit card debt. This helps them determine the credit limit and interest rate that should be offered to the individual.


How can someone qualify for a credit card?

To qualify for a credit card, a person typically needs to have a good credit score, stable income, and a low debt-to-income ratio. They may also need to be of legal age and have a verifiable address.


Which credit card companies give credit cards with no income?

No credit card company will give you a credit card without a regular income, as they need to know that you have the means to repay whatever you borrow


Can you include your household income on a credit card application?

Yes, you can include your household income on a credit card application as long as you have access to that income to repay any charges made on the card.


What is a good annual income to qualify for a credit card?

A good annual income to qualify for a credit card is typically around 20,000 to 30,000, but it can vary depending on the card issuer and your credit history.


Do you need a cosigner to have your own credit card?

No. Credit card companies will not give to people who have no income.


What is considered a good annual income for qualifying for a credit card?

A good annual income for qualifying for a credit card is typically around 20,000 to 30,000, but it can vary depending on the card issuer and your credit history.


Does Medicaid count a credit card as income if you are in a nursing home?

No it is not income.


What is a credit card limit?

it is the maximum amount of money you can spend on a credit card, and it is all based on your credit rating and income.


Are credit card discounts reported as operating expenses on an income statement?

a credit card discount would be a credit, not an expense.


What are the income requirements for obtaining a credit card?

The income requirements for obtaining a credit card vary depending on the issuer, but generally, you need to have a steady income that allows you to repay the credit card debt. Some issuers may require a minimum income level, while others may consider factors like credit history and debt-to-income ratio.