Master Card With No Credit
Today there are many companies who now offer credit cards to those with either a bad or poor credit rating. Certainly having bad or no credit at all will not prevent you from getting a credit card but it will affect the type of APR you will be expected to pay on it.
Firstly we provide you with some tips, which can help you to earn a line of credit and so making getting a credit card (Visa or Master Card) that much simpler to achieve.
Tip 1 – If you can make sure that you keep your bank checking account in good order. If you are someone who is constantly going over drawn then the chances of you getting credit will be greatly reduced.
Tip 2 – Ensure that all the bills and payments you need to make each month are paid on time and are always kept up to date. Doing this will prove to lenders that you are much less of a risk and more likely to ensure that any balance outstanding on the card you have with them will be paid.
Tip 3 – Being in steady employment and not flitting from one job to another is a great way of ensuring that you can get a credit card even if you have a bad or no credit rating at all. You may well find that in order for your application to be accepted they credit card company will require proof of income so keep copies of all your pay checks as you receive them.
When you are applying for a credit card with no credit it is important that you keep certain factors in mind to ensure that you are able to get the best deals possible.
Tip 4 – When choosing to apply for the card online it is important that you look closely at the deals on offer before you fill out the application form. Remember every time that you fill out an application you will be faced with a credit check being carried out by the credit card company. The more checks that are carried out then the more adverse your credit rating will become.
Tip 5 – If you can look for a Master Card, which has no deposit interest rates on them. These cannot only help you to save money when as you will not need to find funds in order to pay them a deposit so that your application is accepted.
Tip 6 – When it comes to getting a Master Card with no credit before you actually sign on the dotted line it is important that you read through the companies terms and conditions first. If you do not you may well find yourself faced with additional charges that you can not afford and which can make your financial situation much worse than it already is.