The recent financial tightening has prompted many credit issuers to tighten approvals for consumer applicants whose credit is less than perfect. Even new credit applicants who do not have bad FICO scores, but who have not yet had the opportunity to establish a good credit profile, are rejected and treated as high risk candidates.
The problem for people in these categories is that they have a legitimate need to establish or restore their good credit profile and increase their FICO score, but without easy access to credit card approvals their ability to accomplish this necessary task is extremely difficult. Ironically, it is these same card issuers who would like their nominees to have established strong credit histories that will not approve them in the beginning to help prove that they are worthy of a new card approval. This vicious circle of credit affects more than half of American households today.
A few companies have recently stepped in to fill the credit needs of this growing consumer segment and offer credit cards online for people with bad credit or no credit. at all. These credit providers typically issue new credit cards without credit checks and regardless of past or present credit history of the applicants. Some of these cards are issued in the form of large credit cards, prepaid debit cards, secured credit cards and online purchase cards that allow the cardholder to purchase household items. and gifts. offered without credit check is a new Platinum card that boasts a huge start limit of $ 10,000 for all its approved candidates, even those with low credit or no history at all. As long as the applicant is at least 18 years old and has a savings account or a savings account valid in the United States, the applicant will be approved. The Platinum Card also has a 0% interest on any unpaid balance and no job verification is required for approval. The card requires minimal initial membership fees, but once the new member is approved, the card gives each user a huge $ 2,500 bonus to use for outstanding balances, in addition to the generous 10,000 limit. $
. Difficult to get approved for a traditional credit card with strict income and employment requirements, this particular card for people with bad credit can be a valid option to acquire a high limit credit card without verification of credit or job audit.