Easy Credit Cards To Get Approved For – it can be an easy task to slip right into a viscous circle when attempting to secure credit when you have been rejected for a credit card.
A mark is left by every application made in your history – in turn making it more challenging to be accepted in the foreseeable future.
Looking for Some Easy Credit Cards To Get Approved For?
Continue reading this guide to discover how to make an application to get a credit card – along with the measures you may take to help minimise the risk of your application being turned down.
Representative 277.5% APR - Representative Example: Amount of credit: £750 for 12 months at £119.21 per month. Total repayment of £1430.52. Interest: £680.52. Interest rate: 140% pa (fixed). 277.5% APR Representative.
The procedure of requesting a credit card is rather clear-cut, but making sure you’re properly prepared before you apply is the main measure.
One of many difficulties with credit cards is that you simply do not know whether you will be accepted for a new card, or even what credit limit you will be offered, until you have really fully applied. Plus, securing a good charge card deal is harder than many folks might think.
Getting rejected is not only frustrating but it may have a negative impact on your credit rating if you continue trying for credit, as every time you apply it leaves a mark on your own history by the lender you have applied to.
An individual application in itself will not be seen negatively, but continued applications in a brief space of time can force you to appear desperate for credit. This then is likely to make lenders likely not to approve you, creating a viscous cycle unless you stop it.
It’s worth leaving it at least six months before you try again in case you are rejected for credit. This time can be used sensibly to minimise the risk of being turned down another time if you apply, even though it might seem frustrating.
How do you find out if I will be accepted?
It’s not easy to learn which cards you’ll qualify for, especially as acceptance standards differs from provider to provider, even card to card.
Nonetheless, there are things that you can certainly do to estimate whether you will probably fulfil the conditions.
The info held on your credit file is of extreme importance when considering your application to assess the risk of loaning money to you because a check will be run by providers.
Your file includes details such as whether you might be on the electoral register, record information that is public. It would include individual voluntary arrangements (IVA’s), bankruptcy and County Court Judgements, along with advice about any other lines of credit you have and how they are managed by you.
For those who have other credit cards, loans or a mortgage, it will all be logged, as will details of any missed or late payments, on your own credit history.
It is worth checking your credit profile in the event you haven’t done so lately to ensure that the info on there is right and to get a better idea of how your history will seem to prospective lenders.
You can do this by contacting one of the main credit reference agencies Experian, Equifax or Call Credit or you can go to our Articles section, where you will find a page and link that will allow you totally free access to your credit file for as long as you want – totally free!
Are There Any Easy Credit Cards to Get Approved For?
Back to our original question! Yes there are and you can find them on our Rebuilding Credit Cards page.