- Law Solutions from Expert Lawyers
Home | Privacy Policy | Contact | Site Map
Call Our Toll Free No. 800-959-9247
Get Legal Solutions & Opinion from Expert Lawyers - Quick & Professional
Free Chat with A Consultant

Get FREE counseling and analysis:

Get FREE Debt Counseling and Settlement Process:

Factors to be Considered for Applying for A Credit Card - Learn from Consultants - Debt Help $50k+
Get Free Consultation Secure Your Future Community Help
Low Payments
Reduce interest
Reduce calls
Avoid bankruptcy


I got relief through proper guidence from

Zip Code :
Your e-mail id :
Debt Amount :

Factors to be Considered for Applying for A Credit Card

In recent times, credit cards have turned out to be of great use. In fact, they are the best possible financial help when one is in need of money. The best part about credit cards is that you can handle them safely and conveniently. As per the federal law, credit cards provide consumer protection. Let us now take a look at some suggestions that will help you in protecting the credit cards.

Mention The Age Bar for Availing A Credit Card

You can apply for a credit card if you have attained eighteen years of age.

Is A Credit Card Guaranteed Option for Those Who Have Attained Eighteen Years of Age?

Not all people who have attained eighteen years of age are eligible for a credit card. For applying for one, you need to have a regular flow of income.

Mention Some Other Factors That are to be Considered for Applying for A Credit Card

Individuals who have attained eighteen years of age with a steady flow of income are eligible for obtaining a card. However, before an issuer actually offers the card, you need to ensure them that you have the potential to repay the amount. And your potential is judged based on your credit score. For example, if you are already repaying the amount meant for your home loan, then your credit score will be easily available at the reporting office. This history shows how efficient you are when it comes to repaying the loan. The issuer will grant you the credit limit based on this. However, if you have not opted for such history till today, make sure to do it now. You can opt for a card from any nearby store and make the repayment with utmost sincerity. Make sure that your credit history is reported at the bureau. If you make the payments on time, then you are sure to develop a sound credit history. This isn't all; you can also get hold of a secured card by going in for this approach.

What is intended out here is that you should open as well as maintain an account at a recognized bank or other financial institution.

  • The credit line is defined as the deposit percentage which ranges from fifty to hundred percent. For getting hold of secured cards, you need to pay a certain amount as processing and application fees.
  • The rates for secured cards are usually higher when compared to conventional non-secured credit cards.
  • Make sure to have a witness with a sound credit history. He too needs to sign the agreement. As per the agreement, if you fail to make the payments, then the co-signer will have to make the payments on your behalf.

Contact Us     Privacy Policy     Our Edge     Disclaimer     Site Map    
Alaska | Alabama | Arkansas | Arizona | California | Colorado | Connecticut | DC | Delaware | Florida | Georgia | Hawaii | Iowa | Idaho | Illinois | Indiana | Kansas | Kentucky | Louisiana | Massachusetts | Maryland | Maine | Michigan | Minnesota | Missouri | Mississippi | Montana | North Carolina | North Dakota | Nebraska | New Hampshire | New Jersey | New Mexico | Nevada | New York | Ohio | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | South Dakota | Tennessee | Texas | Utah | Virginia | Vermont | Washington | Wisconsin | West Virginia | Wyoming
Copyright 2003-2012
[Protected under U.S. Copyright TX5-874-987 & Several Pending Patents]
Page copy protected against web site content infringement by Copyscape - Affordable Health Insurance