ANSWERS: 4
  • You have to have verifiable income; whether it's a job, child support, social security; whatever.
  • Wanting to use a credit card means you want to use someone else's money to buy something now and pay for it later, when you have the money. You have to prove that you are capable of paying the money back from your earnings or some other source or you have some sort of collateral (assets that could be taken and sold to pay off your debt if you default). You have to prove that you are credit worthy i.e you have a history of paying your debts regularly and on time. This is what a Credit Score is. If yours is low or you don't actually have one (you are not listed at any of the agencies because you have never used credit) then you probably won't get a credit card.
  • This should tell you all you need to know about credit and credit scores. http://www.myfico.com/CreditEducation/
  • Apparently not. I don't work anymore, but I've been saving up all the 'junk mail' for credit cards. In one year I could have had well over one million dollars U.S. in credit. Go figure.

Copyright 2018, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy